Learn what a business loan broker does, how it works, when to use one, and the best brokers — all in this simple guide.

Conditions include the purpose of the loan and the broader economic environment. Lenders also consider industry trends, business plans, and how well you’ve prepared your application.

STEP 9: Write a business loan proposal and submit your application to the lender. Once a business owner finds a lender and loan product they like, it’s time to apply for financing.

For those starting the business loan journey, we’ll uncover three simple tips that can take your application for a business loan from mess and stress to ease and efficiency.

However, some non-bank lenders offer a more streamlined application process, and you could receive the funds in just a few days. Applying for a small-business loan from a bank has many advantages.

Vault’s Viewpoint Learning how the business loan process works upfront could help improve your odds of a more successful application experience. It’s important to figure out the type of ...

Most lenders will want to know your personal credit history when evaluating a business loan application. Banks typically want to see a credit score of at least 680, while some online lenders ...

Getting approved for a business loan can feel overwhelming, especially if you’re a startup or have less-than-perfect credit. Luckily, some small-business loans are easier to qualify for than others.

Banks are not known for fast loan processing. From the moment you submit the application and required documentation, most small business bank loans can take a week or more to approve your application.