Between the Sacco's and banks which is which?

[Stardom22]

There are so many types of lenders depending on the type of loan one needs. So between the banks and Sacco's which one makes a great business loan?

 

[gwolf666]

Among banks and credit unions, the best option for business loans is usually a credit union, because it offers lower interest rates and lower fees as it's not-for-profit. Banks, on the other hand, are larger and offer a wider range of services, but they tend to charge more and have stricter requirements.

 

[Augusta]

I don't know but I always prefer bank loans as they are always well structured that you are still organised with it