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SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...
Getting the right business loan can make all the difference in accessing enough capital to buy equipment, hire employees or cover daily expenses. Take a look below to find all the options you have ...
In the 2023 Small Business Credit Survey, 36 percent of small businesses applied for business loans, while 20 percent applied for an SBA loan or line of credit. 7. Microloan
Unlike small business funding from loans, grants aren't paid back, ... employ fewer than 99 workers and maintain a FedEx business shipping account. 7. Venmo Small Business Grant.
19. Venmo Small Business Grant. The Venmo Small Business Grant is a new grant that began in 2022. It awards a $10,000 grant, mentorship and promotion on Venmo social channels to 20 small business ...
Bank lenders often require at least a 670 FICO score, 2 years in business and $150,000 to $250,000 in revenue annually. These factors assess whether your business can handle the loan payments ...
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