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

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

    To help you qualify for a small business loan, we’ve identified eight common requirements for a business loan. 1. Annual revenue requirement. While revenue requirements vary by lenders, most ...

  3. What are small business loans and how do they work? - AOL

    www.aol.com/finance/business-loans-215421282.html

    Business loans can be secured or unsecured, but all have set repayment periods, terms and interest rates. Approval for a small business loan typically requires a good credit score, solid business ...

  4. Factor rate vs. interest rate for business loans - AOL

    www.aol.com/finance/factor-rate-vs-interest-rate...

    Multiply by 100 to find the interest rate. For example, if you have a $25,000 loan with a factor rate of 1.25 and an expected repayment term of 180 days, the calculation would look like this: 1.25 ...

  5. Nominal interest rate - Wikipedia

    en.wikipedia.org/wiki/Nominal_interest_rate

    The nominal interest rate, also known as an annual percentage rate or APR, is the periodic interest rate multiplied by the number of periods per year. For example, a nominal annual interest rate of 12% based on monthly compounding means a 1% interest rate per month (compounded). [2] A nominal interest rate for compounding periods less than a ...

  6. Interest rate - Wikipedia

    en.wikipedia.org/wiki/Interest_rate

    An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.

  7. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash ...

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