“Small Garage Ideas”

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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…


Debt Financing a Small Business or Startup

Debt Financing a Small Business or Startup

https://www.sofi.com/learn/content/debt-financing-small-business-startup/

…that can help offset your costs. In fact, a recent National Small Business Association report found that available financing for small firms is on the rise, with 73% of businesses…


What Is the Minimum Credit Score for a Business Loan?

What Is the Minimum Credit Score for a Business Loan?

https://www.sofi.com/learn/content/credit-score-for-business-loan/

…Payment Index, Business Credit Risk Score, and Business Failure Score. As a small business, you also might encounter something called a FICO® SBSS (Small Business Scoring Service) score, which uses…


How to Refinance a Business Loan

How to Refinance a Business Loan

https://www.sofi.com/learn/content/refinance-business-loan/

…on your first loan. Pros and Cons of Refinancing a Business Loan As with any type of small business financing, there are benefits and drawbacks to refinancing a small business…


Small Business Loans for Sole Proprietors

Small Business Loans for Sole Proprietors

https://www.sofi.com/learn/content/loans-for-sole-proprietors/

…advantage of opportunities for expansion. When you’re running a small business as a sole proprietor, you may not have access to the same kind of cash that a larger business…


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