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Documents Needed For A Bank Business Loan

Key takeaways Banks require financial statements, formation documents as well as your personal credit score and bank statements to apply…

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What is a working capital line of credit and how does it work?

Key takeaways You can use a working capital line of credit to cover everyday business expenses, such as payroll or…

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15 Of The Most Profitable Businesses In 2023

Key takeaways You can get an idea of the most profitable small businesses by checking the size of the industry…

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Best Business Debt Consolidation Loans In 2024

Key takeaways The best business debt consolidation loans will offer you longer repayment terms or lower interest rates You can…

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Business Loan Prepayment Penalties: What Are They?

PixelsEffect/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Lenders charge business loan prepayment penalties when borrowers pay off a loan early.…

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How small businesses can survive tariffs, according to a supply chain expert

President Donald Trump has announced, rescinded, raised and adjusted dozens of tariffs over the first months of his presidency, leaving…

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The business owners embracing Trump’s tariffs

Tariff worries have been looming for small business owners across the United States, with import taxes promising price increases, shortages…

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Where To Find Business Grants

Key takeaways Grants are a great option for small businesses looking for financial support to start or expand their operations…

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SBA Loan Interest Rates 2024

kate_sept2004/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways SBA 7(a) loan rates range from 10.50 percent to 15.50 percent,…

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We Spoke To The Experts: How Could AI Affect Small Businesses?

Key takeaways AI can make it much easier to start a small business, though it offers its own challenges. Business…

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