Credit scores play a crucial role in determining business loan eligibility. Lenders assess these scores to evaluate the creditworthiness of potential borrowers. Business lenders typically consider the business's credit score and the personal credit score of the business owner(s). Most lenders review your personal credit to determine financial responsibility and the likelihood of repayment. This is especially true of younger businesses or those without an extensive business credit history. The post Minimum Credit Score Requirements for Small Business Loans: The Essential Guide appeared first on United Capital Source.

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