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The Small Business Owner’s Guide To Business Loan Requirements & Qualifications
Credit score requirements for business loans vary by lender, borrowing amount, and type of loan. Borrowers with excellent scores and a solid credit history will have more options for low-interest, long-term loans. Borrowers with fair to poor credit scores may find the funding they need with alternative lenders that offer short-term, high-interest business loans.
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Complete Guide to Square Loans
Square Capital is an easy-to-understand, convenient loan product for Square borrowers. Although the fees can be a little expensive, they’re still generally comparable to or better than those of its competitors.
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How Much Of A Business Loan Can I Get?
Before you even begin researching or trying to figure out how much you can afford, you need to ask yourself if a loan is right for your small business. Just because you can afford to take one out doesn’t mean you should.
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Guide To Working Capital Loans For Small Businesses
Working capital is one of the keys to running a smooth business operation. Often, it’s possible to maintain a consistent cash flow just by making smart tweaks to your business model and keeping an eye on your assets and liabilities, but there are times when you may need assistance raising working capital.
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Why You Shouldn’t Default On A Business Loan (& How You Can Avoid It)
In danger of defaulting on your small business loan? Find out what might happen and what steps you can take to make sure your loan stays current.
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SBA Loan Requirements: What You Need To Know About Qualifying For SBA Loans
There are general requirements set by the SBA that all applicants must meet in order to receive a loan. There are also specific underwriting requirements by loan type that must be met.
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How To Write A Business Plan For A Loan
A business plan is a written document that provides a complete overview of your business, including information about your business’s services, strategies, finances, and goals. All businesses should have a business plan, but a business plan is especially important when applying for a business loan.
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The Complete Guide To Understanding & Receiving The Research & Development Tax Credit
The amount of the R&D tax credit varies by a number of factors. Generally, a business should expect to receive 7% to 10% of qualified research and development expenses to be used toward federal tax liability.
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What SBA Disaster Loans Are & How To Qualify For One
The SBA Economic Injury Disaster Loan Program (EIDL) provides financial assistance to both small businesses and private, nonprofit organizations that are located in a declared disaster area. Coverage depends on the amount of economic injury sustained. That includes things that don’t cause property damage, such as COVID-19, but still result in a massive loss of demand due to circumstances beyond your control or that interrupt your ability to conduct business.
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