Summary
- Local credit unions
- Online lenders
- Small Business Administration (SBA)
Local Credit Unions
Local credit unions often offer low-interest loans to small business owners. They typically have more flexible lending criteria and may be more willing to work with businesses that have less established credit histories.
Online Lenders
Online lenders provide convenient access to low-interest loans for small business owners. These lenders often have streamlined application processes and may offer competitive interest rates.
Small Business Administration (SBA)
The Small Business Administration (SBA) offers various loan programs designed to assist small businesses. These programs often feature low-interest rates and favorable terms, making them an attractive option for small business owners in need of financing.