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  2. Pros and cons of startup business loans - AOL

    www.aol.com/finance/pros-cons-startup-business...

    Startups may have a difficult time securing small business loans. A typical business loan requirement is a credit score of 600 or higher. Many lenders also prefer to see an established business ...

  3. Business loan requirements: 8 things you will need - AOL

    www.aol.com/finance/business-loan-requirements-8...

    A personal credit score also reflects how a business owner manages money, a good indicator of how they will handle a new business loan. Banks and credit unions usually require personal credit ...

  4. How to get funding to start a business - AOL

    www.aol.com/finance/funding-start-business...

    Like a credit card, a business line of credit helps small businesses reuse the same credit line as they pay back the loan. The credit limit is set to an amount that’s reasonable for that ...

  5. How to get a startup business loan: 5 steps - AOL

    www.aol.com/finance/startup-business-loan-5...

    Bankrate insight. SBA loans are friendly to startup businesses. As of March 2024, 16.1 percent of SBA 7(a) loans were given to startups just opening their doors in FY2024. The amount funded ...

  6. How hard is it to get a business loan? - AOL

    www.aol.com/finance/hard-business-loan-135512311...

    The 2023 Small Business Credit Survey found that businesses that were more established with higher revenue were more likely to be fully approved for a business loan, line of credit or merchant ...

  7. What is a startup business loan? How does it work? - AOL

    www.aol.com/finance/startup-business-loan-does...

    You can get short-term or long-term business loans. Lines of credit: Lines of credit give you a source of funds that you can draw from up to a certain limit as needed. Most are revolving, which ...

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