“Small Business Credit Cards for Bad Credit”

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76 Search Results

Does a Business Loan Affect Your Personal Credit Score?

Does a Business Loan Affect Your Personal Credit Score?

https://www.sofi.com/learn/content/do-business-loans-affect-personal-credit/

Yes, a business loan may impact your personal credit score. If you run a sole proprietorship or partnership, or if you personally guarantee the business account in any capacity, your personal credit score may be affected. Read on to learn the different ways in which a business loan can affect your credit scores, and what […]


Installment Loan vs Revolving Credit: Know the Difference

Installment Loan vs Revolving Credit: Know the Difference

https://www.sofi.com/learn/content/installment-loan-vs-revolving-credit/

If you’re looking to grow your small business, you have two main financing options to choose from: installment loans and revolving credit. Installment loans give you a lump sum of cash up front that you pay back (with interest) in monthly payments. Revolving credit, on the other hand, provides a source of funds you can […]


Unsecured Business Line of Credit for Startups

Unsecured Business Line of Credit for Startups

https://www.sofi.com/learn/content/unsecured-business-line-of-credit-for-startups/

When you start your own business, you may have trouble getting approved for traditional financing because you haven’t been in business very long or haven’t established business credit. Yet you still need capital to launch your business, renovate space, or hire employees. An unsecured business line of credit for startups may be one option worth […]


Business Term Loans: Everything You Need to Know

Business Term Loans: Everything You Need to Know

https://www.sofi.com/learn/content/business-term-loans/

When looking for funding for your small business, there are plenty of types of loans to consider, including term loans. A term loan provides a borrower with a lump sum of cash they repay on a fixed repayment schedule. Term loans can be helpful for businesses looking to expand, buy more real estate, update equipment, […]


Personal Business Loans: Risks, Appeals, and Alternatives

Personal Business Loans: Risks, Appeals, and Alternatives

https://www.sofi.com/learn/content/personal-business-loans/

Starting a new business requires a good idea, customers who want your product or service, and money to get you off the ground. A personal loan to start a business can be one option for funding your business, especially if you don’t yet qualify for a small business loan. Let’s walk through the difference between […]


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