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Lenders also typically have yearly minimum revenue requirements you must meet to be considered for a small business loan. These typically fall between $100,000 and $250,000. These typically fall ...
Although approval for small business loans can be challenging, especially for startups and businesses with bad credit, there are steps you can take to increase your odds of approval and avoid ...
Loan type. Purpose. Best for. Term loans. Working capital and other short- and long-term business expenses. Businesses with expenses of varying sizes that need to be covered
Loan type. Loan size. Best for. Term loan. Small to large. Established businesses with a big upcoming expense. Line of credit. Small to large. Companies with consistent expenses of varying amounts
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, expansion and ...
Loan type. Best for. Pros. Cons. Long-term loan. Large purchases and businesses with strong credit. Low interest rates. Manageable monthly repayment schedule
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