In the upcoming series, #smbconnect will dive deep into the world of #finance with Mr. Seth. We'll explore various aspects of business loans and funding solutions. This series aims to be a valuable resource for new entrants, #startups and MSMEs looking for funding options.

In the diverse landscape of business financing, there exist eight essential loan types:
1. Working Capital Loan
2. Term Loan (Short & Long-term Loan)
3. Letter of Credit
4. Bill/Invoice Discounting
5. Overdraft Facility
6. Equipment Finance or Machinery Loan
7. POS Loans or Merchant Cash Advance