Best Small Business Loans in July 2024
With so many lenders to choose from, how do you pick the best option for your small business? Check out our guide.
Many resources are available for new and seasoned small business owners, but it can take time to navigate. Funding inequality and wealth gaps in the U.S. also impact how entrepreneurs access these resources. Acknowledging this and providing tools for all small business owners to succeed is a small way I can help others.
— Emily Maracle
About the author
Emily Maracle is a small business loans editor for Bankrate.com. She is passionate about creating high-quality content to help educate and make complex financial topics accessible to all readers, especially those looking to start or grow a business.
Emily holds a bachelor’s degree in English Literature from the University of British Columbia. Previously, she worked as an editor and writer in the insurance and real estate industries, specializing in scaling content and businesses while broadening her knowledge in fintech.
Based in New York, Emily enjoys getting outside with her two dogs, reading, living sustainably and all things coffee.
Emily wants you to know
Getting a loan can be a long and complicated process. From prequalifying to meeting lender requirements and applying, the process can take weeks to months. Starting a business is a huge undertaking. I aim to empower others to make educated financial decisions and reduce the stress of taking out a loan — whether it’s their first or fifth. I'm also passionate about helping and advocating for minority business owners and underserved communities. Everyone deserves equal access to funding, whether that's personally or for their small business.
Many resources are available for new and seasoned small business owners, but it can take time to navigate. Funding inequality and wealth gaps in the U.S. also impact how entrepreneurs access these resources. Acknowledging this and providing tools for all small business owners to succeed is a small way I can help others.
— Emily Maracle
With so many lenders to choose from, how do you pick the best option for your small business? Check out our guide.
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If you’re looking for a faster SBA option, learn more about the SBA Express loan.
SBG Funding expands access to capital for businesses with established revenue that need a moderate to large amount of funding.
With traditional, online and alternative lenders and financing available to small business owners, determining which is best can be challenging. Bankrate’s team of small business loan experts reviewed over 30 lenders nationwide to find the best options for your business
It can be easier for an entrepreneur to get, but it means hocking the home for your enterprise.