Small Business
Key takeaways Lenders deny loan applications due to reasons like poor credit, insufficient collateral, industry and more Having a small…
Key takeaways SBA lenders aren’t required to take collateral for most SBA loans under $50,000 SBA lenders will use their…
Key takeaways A business credit card is a tool that can help small business owners and entrepreneurs keep their personal…
alvaro gonzalez/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Online lenders usually offer the fastest funding for small businesses Traditional lenders,…
Key takeaways Defaulting on a business loan can have severe consequences, including damage to credit scores, potential seizure of assets…
Key takeaways Compared to other types of lenders, banks may offer larger loan amounts and lower rates Banks typically require…
Key takeaways Short-term business loan terms are typically 24 months or less Short-term business loans can be used for emergencies,…
Key takeaways The majority of new businesses need financing to cover operating expenses or expansion. Getting a loan for a…
Nikola Stojadinovic/Getty Images. Key takeaways The SBA created a program licensing Community Advantage Small Business Lending Companies (CA SBLCs) to…
Kevin Dietsch/Getty Images President Donald Trump’s Small Business Administration (SBA)’s nominee for administrator, Kelly Loeffler, was voted in 52-46 by…