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
Hard money business loans: What to know
Startups or businesses with bad credit may want to consider hard money business loans. Learn what they are here.
What is an income statement?
Income statements are essential financial documents for small businesses. Learn more about them here.
How to do a cash flow analysis
A cash flow analysis can help you determine if you can repay a loan.
How to consolidate business debt
Compare options and learn if a business debt consolidation loan is right 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.
What's new
-
How to finance a small business for the holidays
There are several small business financing options for the holidays, but you’ll need to budget and plan to find the right fit.
7 min read Nov 29, 2023 -
Hispanic small business owners statistics
In 2021, Hispanic business owners made up 6.9 percent of all small businesses. Learn more about Hispanic-owned small businesses here.
4 min read Nov 29, 2023 -
Debt-service coverage ratio: What is it and how do you calculate it?
A business’s DSCR indicates how well its cash flow covers its debts.
4 min read Nov 29, 2023 -
How to get a secured business loan
Learn the steps involved with getting a secured business loan and what collateral you can use.
5 min read Nov 29, 2023 -
How to write off repayment of a business loan
You can’t write off the loan, but you may be able to deduct interest paid.
5 min read Nov 29, 2023 -
What can you use an unsecured business loan for?
Here are 8 ways an unsecured loan can help your business.
6 min read Nov 28, 2023 -
What is the SBA weekly lending report and how does it work?
Learn more about where most of the SBA 7(a) and 504 loans go.
7 min read Nov 22, 2023 -
Pros and cons of SBA loans
What are the SBA loans’ pros and cons? We’ve outlined the key points for you.
8 min read Nov 22, 2023 -
SBA loan statistics: Race and gender
Funding for these underrepresented groups remains a challenge.
8 min read Nov 22, 2023 -
11 grants for farmers
There are federal, state and private grants available for farms to support their growth and development.
11 min read Nov 22, 2023