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
How the Federal Reserve affects business loans
The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
What is the Beneficial Ownership Information report?
Failing to file before Jan. 1, 2025 can result in penalties and fines.
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.
What is purchase order financing?
If your business takes purchase orders, see how you can use purchase order financing to cover cash flow gaps.
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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Pros and cons of equipment loans
Equipment loans can be fast, flexible and include options to lease or own.
5 min read Nov 26, 2024 -
How do I find my EIN online?
Here’s how to find, change or register for an EIN.
6 min read Nov 26, 2024 -
What are assets, liabilities and equity?
To keep your books balanced properly, make sure you understand each of these terms.
5 min read Nov 25, 2024 -
Partnership vs. Corporation
We’ll show you which is easier to form and help you compare the benefits of each.
7 min read Nov 25, 2024 -
Study: The top 10 states for small businesses
Bankrate ranked all 50 states based on 18 different metrics related to how well they catered to small businesses.
8 min read Nov 25, 2024 -
How to get a business loan with an LLC
Here’s everything you need to know to help you get an LLC loan.
9 min read Nov 21, 2024 -
Average business line of credit interest rates
Interest rates for business lines of credit can range from 8% to 60% or higher.
8 min read Nov 20, 2024 -
How to start a small business
It’s not easy to run a small business. How to set up and start a small business?
7 min read Nov 20, 2024 -
Pros and cons of startup business loans
Learn more about startup business loans to see if they’re right for you.
7 min read Nov 19, 2024 -
Survey: Cyber Monday overtakes Black Friday, Small Business Saturday in shopping popularity
59 percent of Americans plan to buy something on Cyber Monday, says survey data.
8 min read Nov 19, 2024