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Business Credit and Loan Resources for LGBTQIA+ Business Owners

The Kaplan Group

Transgender and gender non-conforming people, for example, have experienced higher rates of unemployment and lower wages as well as challenges in accessing education and traditional paths to financial stability. This means securing business funding may also be more difficult — though certainly not impossible.

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What Is the Easiest Way to Make Money Online? Five Online Money-Making Ideas Compared

Credit Corp

But now, they’re everywhere and being used predominantly as marketing collateral by B2B and B2C businesses. You can talk about anything–share things you’re passionate about or educate your audience about something that interests you. It requires close to nothing in startup capital and offers good returns.

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Personal Loans Statistics

Credit Corp

Startup costs can easily top $10,000 and the fact that these loans are typically secured with collateral makes it easier to qualify for larger amounts. This means factors like your level of education, career and other indicators of stability, like how long you’ve had your phone number, can help you qualify for a high rate.

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Business Credit and Loan Resources for Veterans

The Kaplan Group

Depending on the loan type, you may need to meet some financial qualifications, including: Have a healthy credit score Demonstrate a solid business history (For new businesses) share a detailed business plan Potentially offer up collateral. It’s easier to find grants that reward existing businesses than those that are directed to startups.

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