Can businesses use personal loans?
Using a personal loan for your business has it benefits and drawbacks.
7 min read
Jan 10, 2024
Kristina Byas
Contributor, Personal Finance
Kristina Byas is a Milwaukee-based writer and contributor at Bankrate. Equipped with a bachelor of arts in English from the University of Wisconsin-Milwaukee and a passion for personal finance, Kristina has made it her mission to empower individuals and families to take control of their financial well-being.
Over the years, she has lent her insights and knowledge to numerous financial publications, where her articles have helped readers navigate the intricacies of building and maintaining wealth.
Find Kristina Byas beyond Bankrate
- LendingTree
- Magnify Money
- Student Loan Hero
- The Simple Dollar
- Cnet
- MyMove
- Reviews.com
Kristina's latest articles
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What is the SBA line of credit?
The SBA has several types of revolving and non-revolving lines of credit.
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Best grants for LGTBQ+ business owners
Different types of resources and grants are available to LGTBQ+ business owners. Here’s all you need to know.
7 min read Oct 23, 2023 -
Are grants for minority business owners in jeopardy?
The Fearless Fund was founded to provide resources and support to Black women entrepreneurs in their journey toward success, but a recent lawsuit threatens to undo their efforts.
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Backd vs. Credibly: Which small business lender is right for you?
Backd and Credibly offer business lending solutions for a variety of businesses. Learn how they compare here.
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Fundible vs. Credibly: Which small business lender is right for you?
Fundible and Credibly offer a variety of small business loans to meet short- and long-term needs. Learn which is best for your business here.
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28 grants for Black women
Here are 23 grants for Black women — one of the largest underserved communities.
16 min read Oct 09, 2023 -
What are SBA Community Advantage Small Business Lending Companies?
The SBA is creating Community Advantage Small Business Lending Companies (CA SBLCs) to help provide regular SBA 7(a) loans to businesses in underserved communities.
4 min read Sep 18, 2023