In one to two sentences, describe one advantage and one disadvantage for a business when it receives a loan.(2 points)

One advantage of receiving a loan is that it provides immediate access to funds, allowing the business to grow or invest in new opportunities. However, a disadvantage is that the business has to pay back the loan with interest, which adds to the overall cost and financial burden.

One advantage for a business when it receives a loan is that it can access the necessary funds to expand operations or invest in new opportunities. However, a disadvantage is that the business will need to repay the loan and may be subject to interest payments, which can increase the overall debt burden.

One advantage for a business when it receives a loan is that it gets immediate access to funds for growth or other operational needs. On the other hand, a disadvantage can be the burden of debt repayment, including interest payments, which can impact the business's cash flow and profitability.