Small business loans can be instrumental in helping businesses reach new heights. Getting approved for them, however, can sometimes be challenging for borrowers with lower personal credit scores ...
I write about small business lending, fintech, and economic growth. Banks rejected more than 8-in-10 business loan applications in May. More than 80% of small business loan applications were ...
A business loan is a lump sum that you receive from a small-business lender and then pay back over time with interest. Business loans are best when you need financing for a specific project ...
But to be approved, a business must meet standards that vary based on the lender and the type of loan. Factors that lenders weigh when determining whether your small business qualifies for an SBA ...
After the California wildfires, the SBA disaster loan program offers low-interest loans to businesses, homeowners, and ...