What is difference between Business loan and Auto loan?

Business loans are loans specifically geared towards businesses. These are typically larger than personal mortgages, such as a house or a car. They can be obtained for any number of reasons, such as to buy equipment, purchase real estate property or to meet supplier demands. Businesses may also use loans to expand by purchasing more office space and hiring new employees.
Auto loan is a type of loan that is made to cover the purchase cost, taxes and other expenses involved in vehicles costing over $50,000. Auto loans are typically offered with six-months to two years of interest-free repayment before they revert back to payments. Auto loan rates can be determined by using a credit score and may vary based on borrower income, age, debt burden and credit history.

Loans means the amount which we fet from bank if the document of the bank is fulfilled it helps many people throughout the country.There are many types of loan and business loan and auto loan is one of them.Business loan is which we get from bank to start a business or to invest in a business and auto loans is which we get from bank to buy a any kind of vehicles.