What are business loan requirements

Can I get a business loan after having declared bankruptcy?
Although bankruptcy raises red flags for lenders, it is still possible to obtain a business loan.  Realistically, you will have to put in extra effort to support your application. To increase your chances of getting a business loan, get a co-signer,...
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What type of credit score is needed for a business loan?
A business owner with a high credit score who owns a business with a healthy credit history will be at an advantage when it comes to applying for a business loan.  Although an ideal credit score does not exist because every business is different, it is...
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Do I need a business plan to get a business loan?
Most lenders will require a detailed business plan. With a business plan, a lender can assess whether your business objectives and growth projections support your need for a cash injection. However, it may also be dependent on the type of business loan you...
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What information do I need to provide to get a business loan?
Lenders may request a business plan to assess whether your business objectives and growth projections support your need for a cash injection. Businesses that are established may be required to provide additional information regarding their past and current...
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What are the minimum requirements to qualify for a business loan?
Obtaining a loan is dependent on the lender’s specific requirements and you should find out about them before applying. This is to increase your chances of getting a business loan and to avoid an impact on your credit score if your application is...
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