In the past, the underwriting stage of applying for a small business loan was a long, drawn-out, and nerve-wracking process. Traditional banks take weeks to review an application, and the Small Business Administration’s wait time to make a decision is measured in months. Regardless of whether or not you get approved, the gap between starting an application and getting funding can be brutal.
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Posted by fundera under FinanceFrom https://www.fundera.com 2723 days ago
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