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A comment on Square’s IPO Terms Put Valuation Below Latest Funding Round. Parent comment
I'd still call them a loan, just not a secured loan. An "unsecured business loan" is already an established category [1].
[1] http://www.sba.com/funding-a-business/unsecured-business-loa...
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I'd still call them a loan, just not a secured loan. An "unsecured business loan" is already an established category [1].
[1] http://www.sba.com/funding-a-business/unsecured-business-loa...