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2. The pros and cons of taking out a 401(k) loan - AOL

   www.aol.com/finance/pros-cons-taking-401-k...

   The ability to take out a loan helps make a 401 (k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

3. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

4. 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 ...

5. Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

   President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

6. Pros and cons of a business bank loan - AOL

   www.aol.com/finance/pros-cons-business-bank-loan...

   On average, small businesses pay 8 percent to 9 percent for loans from traditional banks, compared to the cap of 30 percent or higher with online lenders. And borrowers pay 11.50 percent to 16.50 ...

7. Business loan requirements: 8 things you will need - AOL

   www.aol.com/finance/business-loan-requirements-8...

   When a business applies for a loan, lenders use this information to assess risk and determine if the business has the capacity to repay the loan. The ratio varies from lender to lender, but a DSCR ...

8. Pros and cons of short-term business loans - AOL

   www.aol.com/finance/pros-cons-short-term...

   Short-term business loans have downsides, such as smaller loan amounts, shorter repayment terms, frequent payments and higher costs. Business owners might find themselves in a situation where they ...

9. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   SBA loans typically take longer to process than other business loans. Because they are more involved, double-check your application before submitting it and ensure you have all your documents in ...