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.
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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Equipment leasing vs. financing
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Small business loan refinancing: What you should know
Business loan refinancing can lower borrowing costs, but when is it the best option?
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How much revenue do you need to get a business loan?
Annual revenue requirements vary by loan type and lender.
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How to apply for a working capital loan
Follow these steps when applying for working capital loans.
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How to do a cash flow analysis
A cash flow analysis can help you determine if you can repay a loan.
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Alternative lending for small businesses
Alternative lenders provide a possible business funding source beyond banks.
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Secured vs. unsecured short-term business loan
Learn the difference between a secured and unsecured short-term business loan and which one to use for different purposes.
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When to consider semi-truck financing
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How hard is it to get a business loan?
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