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Get My Business Loan OptionsMost business loan lenders look at your personal FICO score, not just business credit. SBA loans typically require 640 t...
Yes, but your options narrow. Startup loans for pre-revenue businesses typically require a personal FICO score of 680 or...
SBA loans offer the lowest rates (Prime plus 2% to 4.75%) but take 60 to 90 days to close. Traditional bank term loans r...
At minimum, lenders want two years of business tax returns, three to six months of business bank statements, a profit an...
Business loan APRs in 2026 range from about 6.5% (SBA loans for prime borrowers) to 35% or higher (online lenders for su...
Online business loans can fund in 24 to 72 hours. Traditional bank loans take 30 to 45 days. SBA loans average 60 to 90 ...
Yes. Business owners with FICO scores below 600 can access financing through online lenders, merchant cash advance provi...
Secured business loans use collateral (equipment, real estate, inventory, accounts receivable) to back the loan. They of...
A merchant cash advance is not a loan. It's a sale of future credit card receivables at a discount. MCAs use factor rate...
Start by checking your personal FICO and business credit (free at AnnualCreditReport.com and Nav.com). Gather two years ...
Most new businesses need 3 to 6 months of operating expenses in working capital before opening, plus 10% to 20% contingency...
Equipment loans use the equipment itself as collateral. Lenders finance 80% to 100% of the purchase price, with terms tied...
Working capital loans fund day-to-day operating expenses. Equipment loans fund a specific asset purchase and use that asset...
Equipment financing typically covers 80% to 100% of the equipment's purchase price. Online lenders cap at $500K to $1M...
Yes. Every US state runs at least one small business loan or grant program, and most major cities have CDFI loans with...
Yes. Most equipment lenders finance used equipment, though terms differ from new. Expect 80% to 90% of appraised value...
Yes. Self-employed borrowers (sole proprietors, freelancers, 1099 contractors) qualify for business loans, though documentation...
Term loans give you a lump sum upfront with fixed payments. Lines of credit give you a revolving pool you can draw from...
Grants are free money you don't have to repay. Loans must be repaid with interest. Grants are also much harder to get...
A denial doesn't close the door. By federal law, lenders must provide a written reason within 30 days. The reason tells you...
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Get My Business Loan Options