The short answer is yes, you can get an SBA loan with bad credit. However, like most business funding, it’s not really that simple. The SBA doesn’t really set a minimum personal credit score for small business loan funding qualification. However, they do set a minimum FICO SBSS business credit score of 140 for business loans. You are more likely…
It’s a new year. Whether you have a new business or you have been running your business for a while, these tips will help make sure you have a business setup for success in 2023 and beyond. Why Does Your Business Setup Matter? The way you set your business up affects its fundability. It cannot be fundable if it is…
Starting a business involves planning, making key financial decisions, and completing a series of 1. Conduct market research Market research will tell you if there’s an opportunity to turn your idea into a successful business. It’s a way to gather information about potential customers and businesses already operating in your area. Use that information to find a competitive advantage for…
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