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Can a new business (start-up) qualify for a loan?

April 26, 2017Business loan qualify start-up

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Can a new business (start-up) qualify for a loan?

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A. Yes. New (or start-up) businesses can apply for a loan up to $30,000. Businesses with less than three months in operation are eligible if they are running the same type of business and are relocating, opening a second location, or if they have strong credit.