Many lenders require businesses to be at least two years old to be approved. If your company hasn’t reached that benchmark, there are online banks and alternative lenders that only require six months ...
Learn the differences between business loans and lines of credit.
Easy-to-get business loans have looser qualification requirements and are faster to fund than traditional bank loans. The catch? They often come with higher interest rates and shorter repayment terms.
When it comes to funding your small business, loans offer a flexible way to get a lump sum of money for just about any business need and repayments are quite predictable. OnDeck is one small business ...
Bob Haegele is a staff loan writer at Buy Side covering auto loans, business loans, personal loans, and other related topics. Edited By Written by Staff Senior Editor, Buy Side Miranda Marquit is a ...
A popular interest-free business loan program run by the state generated 570 applications in its month-long portal opening. MOBUCK$, a program administered by the state treasurer's office, partners ...
Common factors business lenders might consider include annual revenue, time in business and personal credit score ...
Getting the money may not be that easy, particularly when you don't have collateral to pledge to them. Conventional loans demand collateral, for example, in the form of equipment or real estate, for a ...
Paying a prepayment penalty on your business loan may be worth it to save on interest or free up cash flow, but you’ll need to carefully consider your circumstances before deciding to pay off your ...