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Latest Business News

SBA Loan Interest Rates 2024

kate_sept2004/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways SBA 7(a) loan rates range from 10.50 percent to 15.50 percent,…

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We Spoke To The Experts: How Could AI Affect Small Businesses?

Key takeaways AI can make it much easier to start a small business, though it offers its own challenges. Business…

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How to get a business loan with multiple owners

Bloom Productions/Getty Images Key takeaways Most business loans require all owners with at least a 20 percent ownership stake to…

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Documents For A Fast Business Loan

Lucy Lambriex/Getty Images Key takeaways You will need to provide both personal and business documents to be considered for a…

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How Much Will a Business Line of Credit Cost?

Key takeaways Average business line of credit interest rates range from 8 percent to 60 percent Longer repayment terms can…

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Where Can I Get an Unsecured Small Business Loan?

Taking out an unsecured business loan gives business owners financing without securing the loan with collateral. These loans can be…

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Are Business Loans Harder to Get Than Personal Loans?

Key takeaways Small business loans are not hard to get from online lenders that tend to have more relaxed lending…

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Alternatives to Getting a Small Business Loan at a Bank

Key takeaways You can look into alternatives to bank business loans in the form of loans from an online lender,…

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Small Business Loan Denied: What To Do Next

Key takeaways Lenders deny loan applications due to reasons like poor credit, insufficient collateral, industry and more Having a small…

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SBA Loan Collateral vs. Guarantee

Key takeaways SBA lenders aren’t required to take collateral for most SBA loans under $50,000 SBA lenders will use their…

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