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Both secured and unsecured small business loans can help business owners who need working capital or long-term financing. But choosing the right type depends on several important factors ...
Key takeaways. Bad credit business loans are high-risk loans for borrowers with personal credit scores under 669. These types of loans can have high interest rates and additional fees
Startup business loans are one way to get funding for a new company, and while the 2023 Small Business Credit Survey found that businesses under five years old were more likely to receive funds ...
An SBA loan is a small business loan guaranteed by the U.S. Small Business Administration (SBA) and helps cover eligible businesses’ expenses. There are multiple SBA loans available with costs ...
The 2023 Small Business Credit Survey found that high- or medium-credit-risk businesses are more likely to use funds from the owner or a loan from family or friends than businesses with low credit ...
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.
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