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Minimum requirements. Online lenders. Traditional banks and credit unions. Time in business. Six months to two years. Two years. Personal credit score. Around 600, but as low as 500
3. Gather your documents for a business loan with no collateral. Lenders will need to see a variety of documentation for a business loan with no collateral. This documentation will prove your ...
Some unsecured small business loans are harder to get since a lender takes on more risk with this type of loan. These loans also tend to have higher interest rates to help account for that risk.
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 ...
Lender. Best for. Bankrate score. Lendio. Fast and easy business loans. 4.6. OnDeck. Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit
Key takeaways. 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 ...
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