- Online lenders
- SBA loans
- Business lines of credit
- Equipment financing
- Invoice financing
Online lenders
Online lenders offer quick and convenient access to small business loans with flexible terms and competitive rates. They often have less stringent requirements compared to traditional banks, making them a popular choice for small businesses.
SBA loans
SBA loans are backed by the U.S. Small Business Administration, providing small businesses with access to financing that may not be available through traditional lenders. These loans offer favorable terms and low interest rates, making them an attractive option for small business owners.
Business lines of credit
Business lines of credit provide small businesses with access to a revolving line of credit that can be used for various business expenses. This option offers flexibility and can be particularly beneficial for managing cash flow fluctuations.
Equipment financing
Equipment financing allows small businesses to purchase or lease equipment with a loan specifically tailored for this purpose. This type of financing can help businesses acquire necessary equipment without depleting their working capital.
Invoice financing
Invoice financing, also known as accounts receivable financing, enables small businesses to access funds by using their outstanding invoices as collateral. This can help improve cash flow and provide immediate access to working capital.