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How Do I Qualify For A Startup Business Loan?

To qualify for a startup loan, you must have met 3 requirements:

  1. Equipment financing: This loan allows you to buy new business equipment by utilizing the equipment as collateral.

  2. Business credit cards: A business credit card gives you access to revolving credit like a personal credit card. This is when the lender sets a maximum credit limit for you. You make transactions with a credit card, which reduces the available credit limit. The credit limit increases when you make payment, ensuring that you have constant access to funds.

  3. Credit line builder: For most entrepreneurs, establishing business financing is critical. This leads to more favorable financing choices in the future.

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Did You Know?
We've funded over $400 million for small business owners since 2015