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Do You Need a Business Loan Broker?

CreditStrong for Business

What Is a Business Loan Broker? A business loan broker is a professional that works as a middleman to connect small business borrowers with lenders. What Are the Different Types of Business Loan Brokers? Small business loan brokers often specialize in a specific type of financing.

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How to Plan and Open a Business in Just a Few Months (and Why It Might Take Longer)

Fundera

The best businesses pinpoint a common problem or gap in the market, and create a product or service that provides a solution. Samantha Foster, owner of Chief Insurance Solutions , stumbled upon her calling when she noticed that colleagues at her insurance brokerage firm didn’t understand the intricacies of the products they sold: . “We

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SBA 7(a) Loans: What It Is, Requirements, Apply

Lendio

Because small businesses are so critical to the country’s success, the federal government launched the Small Business Administration (SBA) to help foster American small businesses. An SBA 7(a) loan is a form of financing that is partially guaranteed by the SBA. 8% of the guarantee portion.

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SnapCap vs. Kabbage: Which Lender Is Right for Your Business?

Fundera

– One year in business. – 500 personal credit score. – One year in business. To qualify for a SnapCap credit product, your business needs to meet the following requirements, at a minimum: Time in business : one year. Personal credit score : 500. Interest rate of 1.5%

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25 Financial Products That Will Save You Thousands

Due

SEP IRAs are simplified employee pension plans that small businesses and self-employed people can set up. The SIMPLE IRA is a small business retirement plan. Because online brokers offer a substantial discount over full-service brokerage firms, they are sometimes called discount brokers. Credit monitoring service.

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Where to Find an SBA Loan Consultant (Plus Other Less Expensive Options)

Fundera

With the right SBA loan consultant, or alternative resource, you’ll get insight and assistance on your SBA application, and make sure you’re applying for the SBA loan program that makes sense for your business. Through its lending program , the SBA encourages its partner lenders (most often banks) to finance small businesses.

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50 of the Top Finance Tools You Need To Know in 2023 to be Part of the Financial Elite

Due

This all-in-one platform offers an array of features, including budgeting, bill tracking, expense categorization, and credit score monitoring, making it an indispensable asset for individuals seeking a comprehensive solution to their money management needs. E*TRADE (online brokerage) Rating: 4.5