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FAQS
The loan amount varies by lender and state regulations but typically ranges from $5,000 to $10,000,000. Many lenders offer smaller sums like $5,000 or $20,000 for first-time borrowers or those with limited income and business credit.
While requirements can vary, most lenders require at least 6 months in operation; traditional banks may require 2+ years.
Depending on the type of loan, it could take anywhere from 48 hours to 30 days