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â˘Â Poor Score Accepted. Thatâs right, they are not called bad credit loans for nothing after all. The greatest advantage is that you can apply for them even if yourÂ payment record is damaged, allowing you and anyone in a similar situation to have access to funds in case an emergency comes up. He advises making sure your business plan includes an executive summary, a business profile, anticipated sales and a marketing plan. SCORE offers a business plan creation kit on its web site. and there are several business plan software options to guide you through the process. Term limits for loans will also vary but most loans are usually paid back within a couple of weeks or a month. Some institutions will allow borrowers to take as long as six months. Once again the institution is able to determine the loan terms as long as it is a reasonable amount of time that doesn't conflict with federal and state laws for lending practices. Thus, a-day if you can wait, you can save numerous bulks being paid-as interest.
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