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For example, Fundible accepts credit scores as low as 580 for its business line of credit, though you’ll need at least $200,000 in annual revenue. Lendio is a business loan marketplace whose ...
Unsecured business lines of credit. The second type of business line of credit is an unsecured line, which doesn’t need collateral to back the loan. That makes it riskier for the lender, which ...
After you determine how much funding you need — keeping in mind that lines of credit range from about $1,000 to over $1 million — you’ll need to research and apply for the right loan. Let ...
A business line of credit gives companies a revolving line of credit to use as they need. You can explore a secured or unsecured line of credit. Eligibility criteria for lines of credit usually ...
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 ...
For example, Credibly business loans offer secured and unsecured lines of credit of up to $300,000 to small business owners with credit scores as low as 600 and who’ve been in business for just ...
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