Any amount of money that you get and have to pay back in time is called a loan, but unfortunately most often with interest. It can be said differently depending on where you get your loan and how much the actual number has. If you borrow money from the bank, it may have extremely high interest rates, especially in hyper inflation countries. So if that's really necessary, it's only time to go to the bank for a loan. These are some of the usual variations on how lenders generally structure loans.
Credit loan. This is the most useful type of loan, especially for a small business. Loans of credit loans are a short-term loan that extends the cash available in your company's checking account up to the upper limit of the loan agreement. These loans are also intended for the purchase of inventory and payment of operating costs for business and working capital needs. But this loan is not intended for the purchase of real estate or equipment.
Installment loans. This will be equal to both principal and interest. After signing your contract, you will receive the full amount and interest will be calculated from that date until the last day of the loan. There will be no penalty if you repay a repayment loan before the last date, except there will be no penalty and appropriate adjustment of interest.
Balloons loan. These are often used in situations like when a company has to wait for a certain date before receiving payment from a customer for their product or service.