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From SBA loans, and business lines credit to microloans and equipment financing, we’ve compared different finance options with their specific pros and cons.
The business line of credit is a flexible option you can choose to lend anywhere between $1,000-$500,000 and money is typically available in a week or two.
SBA loans are another Most Common Small Business Loans to fill the financial needs of the business.
The loan amount in term loans ranges from $5,000 to $2,000,000 and it only takes a few days for the money to be transferred into the account.
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A merchant cash advance allows you to borrow a lump sum of cash to use for financing your business needs.
My go to lenses:
Depending on your subject matter and your location, you may want to consider at least 2 lenses.
A commercial mortgage is helpful for just about any property need, whether that’s retail space, an office, a warehouse, or a restaurant
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Microloans are the most common small business loans to help allow you to lend $50,000 or less.
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With a business acquisition loan, you can acquire funds from $5,000 to $5,000,000 at revolving terms of 10-25 years.
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