Types of Business Loans and Financing
Learn about some of the loan and financing types our lender partners offer.
SBA Loan
Millions of small businesses take advantage of these long-term, low-interest loans every year. These loans are offered through traditional banks and backed by the government. Lenders offers several different SBA loan products from SBA 7a, SBA 504, and SBA Express. Get started to connect with a lender.
Traditional Term Business Loan
A term loan is like a “normal” business loan that can be used for a wide range of business purposes. Generally, term loans provide a fixed payment over 1 to 5 years and are normally backed by collateral. If your personal credit is approximately 650 or above and you have been in business for at least two years, then a term loan might be the best option for your business.
Short Term Business Loan
Short term business loans are designed to help meet short term financing needs. They can be a versatile financial tool for business owners to better manage cash flow, deal with unexpected events, or to take advantage of a great deal. Typically, most small business owners qualify for a short term loan, given they have past experience in the related field.
Business Line of Credit
A business line of credit may be the best type of financing available for business owners. The line of credit gives you capital to draw upon to meet a variety of business needs. It’s a financial cushion for a fixed amount that you can exercise anytime.
Startup Loan
Our lender partners offer multiple startup loan products to help your startup business get the capital it needs to grow. They have traditional loan options, as well as non-traditional options to help your small business. If you are starting off with a strong credit file (640 or above) you may have lender options
Equipment Financing
As opposed to asking for capital outright, equipment financing is more secure than others, and lenders are sometimes more willing to work with you. Equipment loans can help you get the new equipment for your business right away.
Merchant Cash Advance
A cash advance is a solid option for business owners in need of fast access to capital. These financing options allow you to borrow against future earnings and fund immediately.
Commercial Real Estate
Commercial real estate is always a very secure piece of collateral. Our flexible financing plans allow you to buy, build, expand, remodel, refinance and get cash out of your business. A commercial real estate loan must include the plans to build a structure or business project. It can also be used for a multi-family dwelling of five units or more.
Accounts Receivable Financing
Accounts receivable (A/R) financing allows you to receive capital in the event you are owed money for services completed. This can be optimal because the focus is on the business that owes the receivable, and not the company receiving the advance.
Peer to Peer Lending
Peer-2-peer lending is an alternative to traditional lending in which the borrower receives a loan from another individual rather than a lending institution.
Business Loans for Women
Women entrepreneurs and business owners are among the fastest growing and thriving segments of the American economy. Some of the lenders can make it easy for women business owners to find, apply for, and receive the loans they need to fuel that continued growth by matching business owners with thousands of business loans, lines of credit and other types of financing.