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
What is the average small business loan amount?
According to the Federal Reserve, these are the average small business loan amounts.
E-Commerce platforms vs. DIY sites: Which is best for you?
We take a closer look at the advantages and disadvantages of each option.
What are current unsecured business loan interest rates?
See the current interest rates for different types of unsecured business loans and the factors that affect those rates.
How to support small businesses after a disaster
Disasters such as floods, storms, accidents and health issues can easily wipe out years of hard work for small business owners and their families. Extreme weather events are happening with increased frequency [...]
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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Shopping small comes with its perks – some of which surprised me.
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1099 vs. W-2 employee
Misclassifying a worker has consequences. Make sure you know the difference.
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How to convert factor rates to interest rates
Learn two methods to convert factor rates to interest rates to more easily compare business loans.
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How the Federal Reserve affects business loans
The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
6 min read Dec 18, 2024 -
What is the Beneficial Ownership Information report?
Failing to file before Jan. 1, 2025 can result in penalties and fines.
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The risks of financing a small business
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What is purchase order financing?
If your business takes purchase orders, see how you can use purchase order financing to cover cash flow gaps.
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How to write a business plan: Everything you need to know
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SBA loan statistics: Top lenders
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What documents are required to apply for an LLC loan?
Prepare these documents when applying for an LLC loan.
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