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The Wells Fargo Small Business Advantage® line of credit will help businesses newer than two years old, provided they have strong credit (a personal score of 680 or higher).
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 ...
They may accept minimum credit scores in the mid-500s to low 600s — and may offer shorter terms than traditional lenders. They also have higher approval rates. They also have higher approval rates.
Its line of credit ranges from $10,000 to $5 million but lowers lending requirements to a credit score of 600 and $100,000 in annual revenue. Community development financial institutions (CDFIs)
The credit line on a small business line of credit can be quite high. Depending on your credit history and the company’s financial health, it can easily be $100,000 or more.
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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