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
Pros and cons of a business bank loan
Business bank loans can be great deals but they aren’t the best choice for all businesses.
Where can I get a short-term business loan?
Banks and credit unions offer the best rates, but online lenders offer fast funding.
Pros and cons of a business line of credit
Here’s a look at the advantages and disadvantages of a business line of credit.
What is an LLC loan and how does it work?
An LLC loan may void your liability protections. Check out our guide to learn more.
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.
What's new
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How to create a business budget
Creating a small business budget is a key part of managing your business’s finances.
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When to consider a fast business loan
When you need immediate access to working capital, a fast busines loan may be the answer.
4 min read Jan 25, 2024 -
When to consider a short-term business loan
From emergencies to seasonal cash flow issues, short-term business loans may offer relief.
5 min read Jan 24, 2024 -
Documents you’ll need to apply for an unsecured business loan
Have your documents, like bank statements, ready when you apply for an unsecured business loan.
4 min read Jan 23, 2024 -
What happens if you don’t pay an unsecured business loan?
Defaulting on an unsecured business loan can have serious consequences.
6 min read Jan 23, 2024 -
How to choose the best equipment loan
Each type of equipment financing option has its benefits and drawbacks.
5 min read Jan 23, 2024 -
Rollovers as business startups (ROBS): What they are and how they work
Rollovers for business startups (ROBS) transactions are a tax-free way to start a business, but they are complicated.
5 min read Jan 23, 2024 -
21 places to find business grants in 2024
Discover how to find and apply for small business grants for your growing company.
14 min read Jan 23, 2024 -
Is a small business loan secured or unsecured?
Small business loans can be either secured or unsecured.
4 min read Jan 19, 2024 -
What documents are required for a business line of credit?
Before you start applying for a business line of credit, gather these documents.
3 min read Jan 19, 2024