A small-business loan is a source of capital that can help you stock your shelves, buy new equipment or expand your footprint. Business owners can access financing through traditional banks ...
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licenses. Lenders interested in the SBA's offerings can apply to become an SBLC, which can make loans of up to $5 million across the country through the agency's principal 7(a) lending program.
Improve personal credit: Some business lenders check your personal credit score, business owners with no business credit or a short business credit history can benefit from improving personal credit.