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So, you’re running your small business, but you need more capital to take things to the next level. It might be time to get your first business loan, but what impacts getting approved for a business loan? Small Business Nerd Randa Kriss shares 7 key factors that go into getting approved for a business loan along with detailed explanations and tips to help you on getting your first business loan.

Suggested Articles:
How to Apply for and Get a Business Loan in 6 Steps: https://www.nerdwallet.com/article/sm...
Business Loan Requirements: 7 Things You’ll Need to Qualify: https://www.nerdwallet.com/article/sm...

Chapters:
0:00 - Intro
0:22 - Factors That Go Into Your First Business Loan
0:32 - Credit Score
2:00 - Time In Business
2:20 - Business Finances
2:51 - Business Plan
3:34 - Collateral

#NerdWallet #BusinessLoan #HowTo

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5 Things You NEED to Get Your First Business Loan | NerdWallet
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