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However, there are other types of business financing that are more accessible to less creditworthy applicants.
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Or, perhaps you're a word nerd who loves helping other people share their ideas, so you want to provide editing services.
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A low personal credit score doesn't have to keep you from getting small-business funding. And 30% are serial entrepreneurs, starting two or more businesses.
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A scalable business model is one that can be replicated easily to serve more customers without a significant increase in expenses.
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Use social media to drive traffic back to your website where customers can learn more about what you do and buy your products or services.
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Rapid Finance unsecured loans range from $5,000 to $1 million with terms from three to 60 months, depending on the specific type of loan.
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The Starting Strength Program is an appropriate place to start for nearly all trainees new to serious strength training.
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If you want to know more, we've got a guide that explains why your personal credit score matters to business lenders.
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However, if you are working through a limited company, you will have to set up a business bank account, and it is worth shopping around.
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Going the do-it-yourself route may work for your personal finances, but tax planning can be far more complicated as a small business owner.
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If you sell products or services offline, include a page on your site where customers can find your locations and hours.
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These four practical ideas will help SMEs to achieve business growth. But when compared to financing from alternative lenders, SBA loans aren't easier to get.
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Just as you would hire an architect to create a plan for your home, you hire a financial advisor to create a plan for your finances.
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