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Alternative lenders often offer more flexible terms and may be better for startups, businesses with bad credit and businesses in need of small loans. Loans from online lenders are popular, but so ...
Lendio. Fundible. Bankrate Score. 4.6. 4.7. Best for. Startup business loans and flexible repayment terms. Flexible requirements. Number of loan products. 7. 6. Loan ...
Loan type. Purpose. SBA loans. SBA loans are backed by the U.S. government and can be used for a variety of business expenses, including long-term fixed assets and operating capital.
Online lenders may specialize in specific types of business loans, including alternative financing like merchant cash advances. Repayment terms tend to be five years and under, shorter than ...
Key takeaways. Alternatives to short-term business loans include long-term loans, lines of credit and SBA loans. Grants, business credit cards, peer-to-peer lending and crowdfunding are also ...
Before deciding on an unsecured business loan, check out these alternatives to see if one fits your business better. Secured business loans. A secured business loan requires you to provide ...
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