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Every Way to Get Small Business Loans in 2024 [startups u0026 new businesses included]

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LYFE Accounting

A quick guide on Small Business Loans, business loan eligibility, needed documents, and how to compare business loans so you get the best terms.

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Outline:
Intro: (0:00)
Reasons to get a business loan (0:30)
Lenders for Small Business Loans (0:43)
Bank Loans: (3:33)
SBA Loans (4:04)
Term Loans: (5:40)
Lines of Credit: (6:17)
Invoice Financing: (6:50)
Invoice Cash Advance: (7:27)
Equipment Financing: (7:53)
Secured Loans vs Unsecured Loans (8:23)
Documents needed to apply for a business loan: (9:15)
Requirements for a small business loan (10:04)
How to compare business loans (10:43)
Live Loan Comparison (11:58)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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