Business
Key takeaways The majority of new businesses need financing to cover operating expenses or expansion. Getting a loan for a new company can be difficult as lenders consider new businesses higher risk. Because of this, many lenders will examine your personal credit and require a personal guarantee. A startup business…
Lucy Lambriex/Getty Images Key takeaways You will need to provide both personal and business documents to be considered for a fast business loan Providing accurate and complete documents helps avoid delays New businesses may need to submit a business plan If your company needs quick cash, you’ll want to apply…
Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Managing an equipment loan requires planning, communication with your lender, and an understanding of loan terms Keeping up with maintenance and preventive measures, as well as monitoring revenue, can help you stay on track with repayments If times are tough, lenders…
Lucy Lambriex/Getty Images Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways Secured loans…
Key takeaways Semi-truck loan timelines range from 24 hours to up to 90 days, depending on the lender and loan type Banks and credit unions tend to take longer to fund semi-truck loans than online or direct lenders Check eligibility requirements and gather necessary documents before submitting a loan application…
Key takeaways Bluevine and Fundbox both specialize in business lines of credit Choose Bluevine for higher credit limits up to $250,000 Choose Fundbox for its accessible line of credit Bluevine and Fundbox both specialize in business lines of credit for fair credit borrowers. With either choice, you’ll get shorter repayment…
Key takeaways Bank of America and Wells Fargo both offer business loans for companies with good-to-excellent credit Choose Bank of America for term loans and even business credit cards Choose Wells Fargo for unsecured business lines of credit If you want to work with a bank for your business financing,…
Key takeaways Kiva and Fundible both offer business loans for small business owners with poor credit Choose Kiva microloans if you want zero-debt financing or can’t secure a traditional loan Choose Fundible small business loans if you have bad credit and can’t qualify for loans with the lowest interest rates…
Chase and Bank of America may be worth considering if you’re looking for a bank business loan. They are two of the biggest banks in the country and have several top-of-the-line lending options for small companies with great credit and strong revenue. Compared to online lenders, these loans come with…
Key takeways National Funding and SMB Compass both offer quick business loans for companies with fair credit Choose National Funding for short-term loans Choose SMB Compass for large loans with long repayment terms National Funding and SMB Compass are online lenders offering various small business loan options to companies with…
