Carlos Asks: “I’m planning to start a small business. Can I get a business loan with an ITIN?”

Certainly, Carlos! There are lenders who offer business loans to individuals with an ITIN. While the options might be more limited compared to those with a Social Security Number, with the right preparation and documentation, obtaining a business loan is attainable. Ensure you have a solid business plan, financial projections, and any other required documentation ready. It’s also advisable to consult with a financial advisor or a lender who is familiar with ITIN lending to guide you through the process.