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What is the average small business loan amount?
Key takeaways The average small business loan amount is $663,000, according to the Federal Reserve For fiscal year 2023, the…
How to start an Etsy business: Your complete guide
Key takeaways To start an Etsy shop, you'll need to create an account, set up your storefront, add items to…
How to compare and work with invoice factoring comp
shih-wei/GettyImages; Illustration by Hunter Newton/Bankrate Key Takeaways Invoice factoring lets you collect money from unpaid invoices more quickly You’ll typically…
Where can I get an equipment loan?
Key takeaways You can find equipment loans from traditional banks, online lenders and even equipment manufacturers in some cases SBA…
What are current semi-truck financing interest rates?
Key takeaways Commercial truck loan rates can range from 6 percent to 35 percent or higher You might find favorable…
How hard is it to get a business loan?
Key takeaways Lenders have minimum requirements for business loans, including revenue, credit history and time in business The type of…
SBA loan guide: Everything you need to know about SBA loans
Key takeaways SBA loans have set maximum interest rates, making them a flexible and affordable business lending option. It can…
How to get a business loan in 6 steps
Key takeaways The type of business loan you choose depends largely on why you need the loan and what you’ll…
What is a factor rate and how to calculate it
Key takeaways Factor rates are a fixed fee multiplied by the entire loan up front, which means that you’ll pay…
How to apply for a fast business loan
Phynart Studio/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Finding the best fast business loan involves figuring out how much…
