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10 Things Business Loans Can Be Used For

10 Things Business Loans Can Be Used For

https://www.sofi.com/learn/content/what-can-a-business-loan-be-used-for/

Small business loans can be used for a variety of business expenses. But it’s not just up to the business owner. Depending on the lender and type of loan, some…


Average Business Loan Interest Rates for 2025

Average Business Loan Interest Rates for 2025

https://www.sofi.com/learn/content/average-interest-rates-business-loans/

…key factors that influence interest rates on small business loans. 1. General Interest Rates One of the biggest factors that affects what interest rate you’ll get on a small business…


How to Pay Employees When Starting a Business

How to Pay Employees When Starting a Business

https://www.sofi.com/learn/content/how-to-pay-small-business-employees/

If you’re starting a small business, you may be interested in bringing on employees to help take your company to the next level. Whether that means one or two freelancers…


How to Use Crowdfunding Loans for Your Business

How to Use Crowdfunding Loans for Your Business

https://www.sofi.com/learn/content/loan-crowdfunding/

…involve individuals issuing loans directly to borrowers, but in smaller amounts. According to the U.S. Small Business Association (SBA), a microloan is anything under $50,000. However, many microloan platforms typically…


Applying for a Microloan for Your Startup

Applying for a Microloan for Your Startup

https://www.sofi.com/learn/content/micro-loans-for-startups/

…credit history. This is where microloans for startups can be helpful. Microloans are small (up to $50,000), short-term loans extended to new startups and small businesses with only a few…


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