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Not every business can meet the qualifications for a traditional loan, such as a credit score of 700 or annual revenue of at least $200,000, but alternative lending is a viable option that may ...
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.
Most SBA 7(a) loans (53.1%) and 504 loans (79.6%) go to businesses more than two years old. Alternative business loans There are many different types of business loans available from alternative ...
Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
Alternative financial services are typically provided by non-bank financial institutions, although person-to-person lending and crowd funding also play a role. These alternative financial service providers are estimated to process about 280 million transactions per year, representing roughly $78 billion in revenue. Customers include the unbanked.
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2003 Case Western Reserve University shooting: On May 9, 2003, Biswanath Halder, a 62-year-old business school alumnus of Case Western Reserve University, killed a graduate student, wounded a professor, and another student using a semi-automatic rifle. He held the building and its nearly 100 occupants hostage for seven hours and exchanged fire ...
Alternative business loans. Up to $10 million. 4.4. Funding Circle. Long-term loans. $25,000 to $500,000. 4.6. What is a business acquisition loan? A business acquisition loan is a business loan ...
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