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Business Loan Prepayment Penalties: What Are They?
PixelsEffect/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Lenders charge business loan prepayment penalties when borrowers pay off a loan early.…
What is an LLC Loan and How Does It Work?
Key takeaways An LLC loan is no different than other types of business loans, except they’re aimed at businesses organized…
How small businesses can survive tariffs, according to a supply chain expert
President Donald Trump has announced, rescinded, raised and adjusted dozens of tariffs over the first months of his presidency, leaving…
The business owners embracing Trump’s tariffs
Tariff worries have been looming for small business owners across the United States, with import taxes promising price increases, shortages…
Where To Find Business Grants
Key takeaways Grants are a great option for small businesses looking for financial support to start or expand their operations…
Average Business Loan Interest Rates
Key takeaways Average business loan interest rates range from 7 percent to 99 percent depending on the type of loan…
How Do I Find My EIN Online?
Key Takeaways Having an EIN can be helpful when applying for business loans, opening business bank accounts and for other…
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,…
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…
What Documents Are Required to Apply for a Short-term Business Loan?
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
