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Many personal loans have origination fees ranging from 1% to 5% of the total loan amount. Some may even charge as much as 10%, or a flat-rate fee. But a handful of lending companies, banks and ...
Business loan vs. personal loan. No business is the same, so it’s important to consider your specific needs for funding, including how quickly you need the money and the loans you qualify for ...
A personal loan is money that you borrow to cover a one-time expense. The most common reason people use personal loans is to pay down high-interest debt, thanks to their relatively low interest ...
Fixed-rate loans come with an interest rate that doesn’t change over the repayment term. You make the same monthly payment for the duration of the loan, with a portion of each monthly payment ...
Other types of unsecured business loans have more relaxed eligibility requirements and limited loan documentation or are available to business owners with bad credit. This includes invoice ...
Alternatives to unsecured business loans. Unsecured business loans are just one source of funds that your company can consider. There are many other ways to get funding or borrow money for your ...