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How The Federal Reserve Affects Business Loans
Key takeaways The Federal Reserve sets interest rates for banks to borrow from each other, which in turn sets interest…
How to Convert Factor Rates to Interest Rates
Key takeaways Factor rates are a decimal that you use to multiply the entire loan by to get the total…
1099 vs. W-2 Employee | Bankrate
Key takeaways A 1099 worker is a self-employed individual that performs tasks or provides services to a company. A W-2…
Average bad credit business loan interest rates
Luis Alvarez/Getty Images Key takeaways Maximum interest rates for bad credit business loans can range from 25.00 to 99.00 percent,…
Can you get no-credit-check business loans?
Key takeaways Most lenders use credit checks to determine whether you can repay a loan It's possible to find no-credit-check…
What documents are required to apply for an LLC loan?
MoMo Productions/Getty Images Key takeaways Businesses must submit a variety of documents when applying for business loans Lender and loan…
Pros and cons of business acquisition loans
Key takeaways A business acquisition loan is used to buy a business, including its intellectual property, real estate, inventory and…
Funding Black-owned businesses: Facts and statistics
supersizer/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Black-owned businesses in the U.S. employ more than 1 million Americans.…
How long does it take to get a small business loan from a bank?
Key takeaways The timeline to get a bank business loan varies, but expect it to take at least a week…
Types of bad credit business loans
Key takeaways Bad credit business loans are high-risk loans for borrowers with personal credit scores under 669 These types of…
