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24 Best Paying Online Side Jobs for Teachers
https://www.sofi.com/learn/content/side-jobs-for-teachers/
Teaching can be a rewarding profession, but it typically isn’t a high-paying one. If you’re a teacher, it won’t surprise you to learn that 17.1% of teachers earn supplemental income from side jobs, according to a study by the Learning Policy Institute. The challenge is landing a gig that pays enough to make it worth […]
What Is the Minimum Credit Score for a Business Loan?
https://www.sofi.com/learn/content/credit-score-for-business-loan/
The minimum credit score for a business loan typically ranges from 500 to 680, depending on the lender and loan type. Traditional banks often require higher scores (around 680 or more), while alternative lenders may accept lower scores (500-600). Higher credit scores improve loan approval chances and the offering of better terms. Lenders may also […]
Installment Loan vs Revolving Credit: Know the Difference
https://www.sofi.com/learn/content/installment-loan-vs-revolving-credit/
If you’re looking to grow your small business, you have two main financing options to choose from: installment loans and revolving credit. Installment loans give you a lump sum of cash up front that you pay back (with interest) in monthly payments. Revolving credit, on the other hand, provides a source of funds you can […]
10 Steps for Starting a Small Business
https://www.sofi.com/learn/content/starting-a-small-business/
If you’re interested in exploring your entrepreneurial side and breaking free of the traditional 9-to-5, you might consider starting a small business. But it’s not something to venture into without mapping out a strategy for success first. There’s some groundwork that needs to be laid when you’re working toward owning a business. That includes refining […]
Unsecured Business Line of Credit for Startups
https://www.sofi.com/learn/content/unsecured-business-line-of-credit-for-startups/
When you start your own business, you may have trouble getting approved for traditional financing because you haven’t been in business very long or haven’t established business credit. Yet you still need capital to launch your business, renovate space, or hire employees. An unsecured business line of credit for startups may be one option worth […]