Depending upon your lender and the nature of your loan, you may or may not need all of these documents to apply. Regardless of whether or not you need them all, because depending upon the type of lender you choose they may or may not require all of them, it’s a good idea to have this information at your fingertips.
A good personal credit score often leads to more favorable loan terms and lower interest rates. Credit.com recently introduced a Lifetime Cost of Debt calculator that gives you visibility into what credit might cost over your lifetime depending upon your personal credit score.
Your personal credit score is very important for most small business owners looking for a small business loan. Many lenders still use the personal credit score as a go-no-go metric for business loan approval.
In the final part of OnDeck’s “Tips for Running Your Business Better,” see our Business Fundability Quiz in action! Read more
The search for small business financing can be a lengthy process – nearly 33 hours on average – but we at OnDeck are here to help simplify and streamline your funding journey. Read more
Did you know that the average business owner spends 33 hours searching and applying for financing? That’s right – 33 hours. Read more
At OnDeck, we think that small business owners have the best – and most difficult – job there is. Read more
Join us for an insider’s view into the new world of online lending. Read more