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What types of businesses qualify for small business loans?

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Almost off types of business can get business loans like manufacturing sector, Service industries, e-commerce industries etc.

Qualifying for a business loan depend mostly on your credit history, annual revenue, business tenure etc rather than your business type. Usually when you apply in a bank for loan then they consider type of business as one of the factor while doing risk assessment but this is not a case with non-banking financial companies

Posted on Jun 07, 2017

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