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 are assets, liabilities and equity?
To keep your books balanced properly, make sure you understand each of these terms.
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Average business line of credit interest rates
Interest rates for business lines of credit can range from 8% to 60% or higher.
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.
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Best merchant cash advances
Here are some of the best merchant cash advances to consider for your small business.
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Business loan vs. personal loan: What’s the difference?
Wondering whether a business loan or a personal loan is better for funding your small business? Learn the differences here.
6 min read Jan 18, 2024 -
SBA vs. conventional loan: What you need to know
Here’s how to determine which of these loan types is right for your business.
9 min read Jan 18, 2024 -
What is business collateral?
Business collateral can make it easier to secure a loan with more favorable terms.
6 min read Jan 17, 2024 -
What is business loan default?
Learn more about it, including the consequences and steps to avoid going into default.
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How to get a loan to buy a business
Explore what’s involved with getting a loan to purchase a business.
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Lendio vs. Credibly: Which small business lender is right for you?
Lendio and Credibly are two similar lenders that offer small business loans to a variety of borrowers.
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Can businesses use personal loans?
Using a personal loan for your business has it benefits and drawbacks.
7 min read Jan 10, 2024 -
What is the SBA line of credit?
The SBA has several types of revolving and non-revolving lines of credit.
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20 small business ideas
Starting a small business can be a rewarding venture. Here are some ideas to help you get started.
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