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Still, there are many lenders who will cater to businesses that are less than 2 years old; it’s just that interest rates on their loans are generally higher.

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Short-term instruments to stabilize cash flow or bridge the gap until expected proceeds from receivables are received.

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While it's important to remember that your defaults or judgements can be removed from your credit file, they don't stick around forever so don't stress when applying for a bad credit home loan.

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