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Small Business Administration loans are term loans or lines of credit partially guaranteed by the U.S. government. These loans have requirements and maximum interest rates set by the SBA. They ...
This flexible type of loan works best for large purchases or investments where you know the costs. Secured loan interest rates can be lower than other business loan types, and repayment terms can ...
Some of these lenders provide traditional loans and SBA loans, while others offer money to small businesses for equity or provide a platform for fundraising. And they often do it without the ...
Loan amounts tend to be much smaller than term loans and are usually capped at $50,000, making them ideal for startups and small businesses that need a little bit of money to launch or expand. Pros
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
Bankrate insight. Kiva is a hybrid platform that combines peer-to-peer lending with crowdfunding. You can get loans up to $15,000 with no interest. But you’ll need to pitch your business funding ...
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