article thumbnail

SnapCap vs. Kabbage: Which Lender Is Right for Your Business?

Fundera

– 500 personal credit score. To qualify for a SnapCap credit product, your business needs to meet the following requirements, at a minimum: Time in business : one year. Personal credit score : 500. Blood and organ banks. Nonprofit organizations. Interest rate of 1.5% Payment Structure.

article thumbnail

Where to Find an SBA Loan Consultant (Plus Other Less Expensive Options)

Fundera

For the best chances of approval for an SBA loan, you’ll need to come to the table with evidence of strong business and personal financials, a healthy credit score, and proof that you’ll use your SBA loan to positively grow your business. What You Need to Know About the SBA Loan Application Process. Online Loan Consulting Firm.