Small Business
Small business loans and credit cards can help launch your startup, cover overhead costs, purchase equipment, refinance debt — and more. Explore your options below and find the right business loan or business credit card for you.
Spotlight articles
Semi-truck financing requirements
Make sure you know what’s required before applying for a loan.
Here’s what the Trump presidency means for small businesses
Tariffs, deportations and tax cuts are just a few of the things Trump has in store.
Average business loan interest rates in 2024
The average business loan interest rates vary by loan type and lender.
What is a short-term business loan and how does it work?
Short-term business loans are business loans with shorter repayment periods that can help bridge cash flow issues.
Loans for small businesses
Small business loans provide capital to help cover just about any business expense.
You have a variety of options to choose from, including working capital, term loans, business lines of credit and equipment loans, just to name a few.
Banks and credit unions are well-known places to get business loans. But eligibility requirements can be strict. Business owners with fair or bad credit will have better luck with online lenders, also known as fintech lenders and nonbanks. And for even more options, community-development financial institutions (CDFIs) and Minority Depository Institutions (MDIs) have a track record of helping minorities and other business owners in low-income communities who struggle to gain access to funds from traditional lenders.Credit cards for small business
Business credit cards are a great way to cover short-term business expenses. Like business lines of credit, you gain access to a pool of funds that you can repeatedly use up to your credit limit, and you’re only charged interest on the funds that you use.
Unlike small business loans, you have a chance to pay off your debt without any interest charges as long as the business credit card offers a grace period and you pay your balance in full each month. usiness credit cards also come with features not found with business loans. This may include free employee cards, cash back or travel rewards for purchases, and business-related perks.
What's new
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Here’s what Trump and Harris’ promise to eliminate tax on tips means for small businesses
Trump and Harris have promised no tax on tips. Here’s what it means for businesses.
3 min read Oct 23, 2024 -
When to consider a short-term business loan
From emergencies to seasonal cash flow issues, short-term business loans may offer relief.
5 min read Oct 22, 2024 -
Best low-interest business loans for bad credit
Business owners with bad credit can still access low-interest loans through options like the Small Business Administration (SBA) or lenders like Accion Opportunity Fund.
8 min read Oct 22, 2024 -
Types of fast business loans
Fast business loans are useful for quickly funding a business, but it’s important to know the difference and purpose of each type.
4 min read Oct 21, 2024 -
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How much will an unsecured business loan cost?
Costs can vary based on factors like interest, fees and repayment terms.
5 min read Oct 18, 2024 -
How long does it take to receive a short-term business loan?
Online lenders offer fast loans, but banks tend to have the best rates and terms.
6 min read Oct 17, 2024 -
Documents you’ll need to apply for an unsecured business loan
Have your documents, like bank statements, ready when you apply for an unsecured business loan.
4 min read Oct 16, 2024 -
What documents are required to apply for a short-term business loan?
Have the following list of documents ready for a smooth application process.
5 min read Oct 16, 2024 -
What the Scrub Daddy tells us about the perfect business loan pitch
Got a business loan pitch? Here’s why Scrub Daddy’s TV pitch is the perfect guide.
6 min read Oct 15, 2024