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SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...
Bank lenders often require at least a 670 FICO score, 2 years in business and $150,000 to $250,000 in revenue annually. These factors assess whether your business can handle the loan payments ...
Bank loans are great for low interest rates, but online lenders may be more accessible to self-employed business owners. Lenders look for steady revenue, often at least $100,000 annually. Credit ...
Officially, all three of these business loans need at least a 500 personal credit score, as per the website. Fundible also offers a business line of credit for business owners with personal credit ...
Getting the right business loan can make all the difference in accessing enough capital to buy equipment, hire employees or cover daily expenses. Take a look below to find all the options you have ...
Typically, lenders require the collateral used to secure the loan equal to 100 percent of the loan amount. If you take out a secured business loan, the value of your collateral should equal the ...
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