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Small business. Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy.
Short-term small business loans work a lot like other types of loans. The lender gives you a lump sum of money, usually in exchange for some sort of business collateral (unless you take out an ...
Origination fees are usually a percentage of the borrowed amount, about 2 percent to 5 percent. You can either reduce the amount of money you receive or increase your loan’s starting balance to ...
Unsecured business lines of credit. The second type of business line of credit is an unsecured line, which doesn’t need collateral to back the loan. That makes it riskier for the lender, which ...
The best way to start a Fundible loan application is to call Fundible’s responsive customer service at 855-784-0008. Requirements to qualify include: 580 personal credit score or higher. At ...
Some fast business loans offer smaller maximum loan amounts than traditional bank loans. Depending on the lender, you may find lines of credit that only go up to $150,000 or term loans of $250,000 ...
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