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2. What is a startup business loan? How does it work? - AOL

   www.aol.com/finance/startup-business-loan-does...

   A startup business loan is any loan that helps get a new business off the ground. According to the Federal Reserve Banks’ 2023 Firms in Focus, 70 percent of companies under two years old used ...

3. Types of startup business loans - AOL

   www.aol.com/finance/types-startup-business-loans...

   Bankrate insight. As of March 27, 2024, over $12.9 billion in 7(a) loans and over $3 billion in 504 loans have been approved so far. Of those approvals, 16.1 percent of 7(a) applications and 15.9 ...

4. Pros and cons of startup business loans - AOL

   www.aol.com/finance/pros-cons-startup-business...

   Can retain ownership. Startup business loans can save you the trouble of finding investors and selling equity, which means giving up partial control of your business. Depending on how much equity ...

5. How to get a startup business loan: 5 steps - AOL

   www.aol.com/finance/startup-business-loan-5...

   Bankrate insight. SBA loans are friendly to startup businesses. As of March 2024, 16.1 percent of SBA 7(a) loans were given to startups just opening their doors in FY2024. The amount funded ...

6. How to get approved for a startup business loan - AOL

   www.aol.com/finance/approved-startup-business...

   Getting a startup business loan is possible, but you’ll need to follow some steps to help your chances of approval. 1. Check your credit score. Your credit score is one of the primary factors ...

7. Where can I get a startup business loan? - AOL

   www.aol.com/finance/where-startup-business-loan...

   Bankrate insight. Startup businesses make up a significant part of SBA loans granted. According to the SBA 7 (a) summary report for fiscal year 2023, SBA lenders approved $4.9 billion dollars in ...