Business Loans Blog Posts | Page 11

Looking for unsecured loan products in the market? Check out this detailed and informative roundup of the the 15 best unsecured business loans and find out which one is the best for your business.

Want to start an auto body shop, but aren’t sure where to start or get the funds? Learn everything you need to know in our step-by-step guide!

PayPal Credit is a line of credit issued by Synchrony Bank. Approved PayPal users can use this virtual line of credit which functions similarly to a credit card, letting you pay for online purchases in installments rather than upfront in full. Wondering if you should sign up for PayPal Credit? Learn what you need to know about its terms, fees, and how it works here.

Want to start an online boutique? Not sure where to start, or how to get funding? Learn everything you need to know here!

How can you get the startup small business loan you need when most banks won’t touch you with a ten-foot pole? Check out these lenders that issue business startup loans with no credit check.

Whether you’re an eBay seller looking for financing to expand your business, weather tough times, or some other reason, you have many financing options available. Take a look at 9 of our favorite lenders for eBay sellers.

Small business financing is notoriously difficult to procure. Traditional loans became more difficult for small businesses to access during the pandemic, as banks were hesitant to lend to small businesses that might be at risk of closure. As a result, alternative “fintech” lenders were busier than ever. Could one of them be right for your business?

A $10,000 business loan is a fairly small amount, so it shouldn’t be too difficult for many businesses to receive one. Many online lenders have short applications and can fund as quickly as the same business day of approval. Lenders may evaluate factors including personal credit score, monthly or annual revenue, and time in business to determine if you qualify.

Since the loan amount is so low, many small business owners will be able to get a $5K small business loan. While not exactly difficult, one thing to remember is that $5,000 loans usually come with short repayment terms and higher interest rates.

If you default on your SBA loan, you’ll be notified by the lender. If you’re unable to get on track with your loan, your lender may seize your assets. The lender will later reach out to the SBA to receive the guaranteed portion of the loan, and the SBA will contact you seeking payment. If payment isn’t received or an agreement isn’t made, the SBA will report the loan to the Treasury Department, which can take further action against you.