before applying for a loan to better understand your approval odds and the potential interest rate you’ll qualify for.Where possible, be prepared to provide business tax returns from the previous two years. Also compile copies of your personal tax returns and IRS documents for the same period of time. Personal returns will be especially important if your startup is brand new and lacks past returns, and may be necessary for all of the business’ owners and registered agents.
If you don’t qualify for a traditional startup loan or a business loan for bad credit, consider other options like aWhat If You Are Denied a Startup Business Loan?
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