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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
Bankrate insight. MCAs are known for their high approval rates, making them an accessible type of business financing. For businesses with employees, 90% of merchant cash advance applications get ...
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 ...
Best for borrowers with good credit: SoFi Personal Loans. ... on a business day. Rocket Loan rates range from a low of 8.99% with an autopay discount to a high of 29.99% without the autopay ...
Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit. 4.7. Accion Opportunity Fund. Easy low-interest business loans. 4.2. Taycor Financial. Easy equipment loans for ...
On the other hand, secured business lines of credit may have much lower credit limits than unsecured business loans or lines of credit. For example, some banks might limit a secured line of credit ...
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