small business loans

Small business loans are financing options designed to help businesses start, grow, manage cash flow, buy equipment, hire employees, or expand operations.

Common Types of Small Business Loans

Term Loans

– Borrow a lump sum and repay it over a fixed period with interest.
SBA Loans

– Government-backed loans through the U.S. Small Business Administration, often offering lower rates and longer repayment terms.
Business Lines of Credit

– Access funds as needed, similar to a credit card.

Equipment Financing

– Used specifically to purchase machinery, vehicles, or equipment.
Invoice Financing

– Borrow against unpaid customer invoices.
Merchant Cash Advances

– Receive an advance based on future sales (typically more expensive).

What Lenders Usually Look For

Time in business (often 6 months–2 years minimum)
Revenue and cash flow
Business and personal credit scores
Business plan or intended use of funds
Collateral (for some loans)
Typical Loan Amounts
Microloans: $500–$50,000
Small business loans: $5,000–$500,000+
SBA loans: Up to several million dollars depending on the program
Where to Get a Small Business Loan
Traditional banks
Credit unions
Online lenders
Community development financial institutions (CDFIs)
SBA-approved lenders

If you’re looking for a loan, tell me:

Your country,
How much you need,
How long you’ve been in business, and
Your approximate credit score,

and I can help identify the best loan options for your situation.