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
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.
SBA vs. conventional loan: What you need to know
Here’s how to determine which of these loan types is right for your business.
What is business collateral?
Business collateral can make it easier to secure a loan with more favorable terms.
What is business loan default?
Learn more about it, including the consequences and steps to avoid going into default.
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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The risks of financing a small business
Growing a small business typically requires financing. While necessary, there are risks when financing a small business that you should be aware of.
4 min read Jun 21, 2023 -
SBA microloans: What they are and how to get one
With an SBA microloan, you can borrow up to $50,000 to start or grow your business.
5 min read Jun 21, 2023 -
How to write a business plan
Here’s a breakdown of all of the elements included in a typical business plan and how you can write your own.
7 min read Jun 20, 2023 -
SBA 8(a) program: How to qualify and apply
The SBA 8(a) program can help disadvantaged small businesses access government contracts and provides additional opportunities.
4 min read Jun 15, 2023 -
SBA definition of a small business
To qualify for certain types of funding and SBA loans and resources, you must meet the U.S. Small Business Administration’s definition of a small business.
4 min read Jun 15, 2023 -
Are business grants taxable?
Business grants are usually taxable, but it depends on the grant type.
4 min read Jun 15, 2023 -
What is invoice factoring and how does it work?
Get your invoices paid immediately with invoice factoring. Here’s how.
7 min read Jun 13, 2023 -
Closing the gap: How to overcome obstacles as a female entrepreneur
Funding, training and networking opportunities can help women build businesses.
7 min read Jun 13, 2023 -
Equifax business credit report: What to know
Lenders may use an Equifax business credit report to assess your creditworthiness.
4 min read Jun 09, 2023 -
What is purchase order financing?
If your business takes purchase orders, see how you can use purchase order financing to cover cash flow gaps.
5 min read Jun 07, 2023