Search results
Results from the Tech24 Deals Content Network
Key takeaways. Most lenders use credit checks to determine whether you can repay a loan. It's possible to find no-credit-check business loans, though it depends on the lender and loan type. Expand ...
Key takeaways. You can get many types of unsecured business loans, including term loans, business lines of credit and an SBA loan of $50,000 or less. You can use an unsecured loan to purchase ...
While business credit cards typically have lower credit limits than a loan, you won’t pay interest if your balance is paid in full monthly. Business grants : Grants don’t have to be repaid ...
Origination fee. Typically charged as a percentage of the loan amount, lenders charge an origination fee when you initially take out the loan. The fee is typically 2% to 5% of the loan amount, but ...
This is a promise to pay the loan back out of personal funds if the company defaults on the loan. Other types of unsecured business loans have more relaxed eligibility requirements and limited ...
Bottom line. An unsecured business loan can help you protect your business assets in the event of a default. These loans are generally harder to get and come with higher interest rates. And if you ...
SBA loans: The U.S. Small Business Administration offers several loans and does not require collateral for loans under $25,000. Secured lines of credit : Lines of credit are a type of revolving ...
Minimum requirements. Online lenders. Traditional banks and credit unions. Time in business. Six months to two years. Two years. Personal credit score. Around 600, but as low as 500