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Small Business Loan For Startup Business - Small Business Loan Bad Credit
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Startup Business Loan Financing. One of the toughest things to do when launching a new company can be finding a startup business loan, especially if you have less than perfect credit.
Best for: Entrepreneurs with a business plan and little personal debt. Accion (see our review) is a nonprofit microlender offering medium-term installment loans to startups and existing businesses.If you have poor personal credit but need a small startup loan, Accion is one of the few reputable online lenders that can help you out without screwing you over.
Later in this article, I outline why these lenders stand out from the rest when it comes to installment loans. I also examine what installment loans are in more detail, why they aren’t simply for borrowers with bad credit, how to avoid shady installment loans and lenders, and how to shop for the best installment loans.
If your credit score is holding you back from landing startup capital, you'll appreciate these tips for finding the funding you need.
Andrew Josuweit — CEO of Student Loan Hero — shares the spreadsheet he used to pay off $107,000 of student loan debt in just a few years. The first step was figuring out what percentage of his ...