Understanding the various types of business loan options available is essential for choosing the right funding path. From working capital loans to equipment financing and line of credit, each type serves a unique purpose. In the middle of your business journey, the need for the right loan structure arises depending on cash flow and investment goals. Government-backed loans like Mudra or Udyam, and private sector options, cater to MSMEs across industries. Knowing the benefits and terms of each type helps you make strategic financial decisions that support growth, minimize risk, and align with your business operations.