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To apply for an SBA 7 (a) loan, you will need to work with a lender approved by the SBA. Then, be prepared to submit a long list of financial documentation to show that you can repay the loan. You ...
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 ...
The best way to start a Fundible loan application is to call Fundible’s responsive customer service at 855-784-0008. Requirements to qualify include: 580 personal credit score or higher. At ...
Calculate how much debt you owe. The first step to consolidating business debt is to calculate the total debt you owe. You can do this by adding up your payoff balances for all your loans to get a ...
Some lenders require automatic payments in order to be approved for the loan. Make sure to link your payments to a business bank account that typically has adequate cash. 3. Increase your monthly ...
The U.S. Small Business Administration 's SBA 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings and machinery, at below market rates. [1] [2] The program is so named because it was originally created by Section 504 of the Small Business ...
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