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
E-Commerce platforms vs. DIY sites: Which is best for you?
We take a closer look at the advantages and disadvantages of each option.
How to support small businesses after a disaster
Disasters such as floods, storms, accidents and health issues can easily wipe out years of hard work for small business owners and their families. Extreme weather events are happening with increased frequency [...]
Three months later: How small businesses are bouncing back after Hurricane Helene
Small businesses in North Carolina are still struggling to recover after the storm.
Are business grants taxable?
Business grants are usually taxable, but it depends on the grant type.
Featured Small Business Savings content
What is a business money market savings account?
Business money market savings accounts allow companies to earn interest while still maintaining easy access to their money. Here’s what you need to know.
What are the best interest rates for a business savings account?
Small Business Savings
The best small business savings accounts offer interest on your balance, low minimum balances and convenience features that let you withdraw and deposit money quickly.
Sponsored Small Business Savings partner
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.
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 much does the average small business owner make?
The average small business owner salary will vary based on the business’s industry and location.
6 min read Dec 06, 2023 -
Beyond Small Business Saturday: Sustaining support
Support small businesses goes beyond Small Business Saturday and the holiday shopping season. Here’s why you should shop small throughout the year.
6 min read Dec 04, 2023 -
What is an entrepreneur and how to become one
If you want to become an entrepreneur, here are the steps to be successful.
9 min read Nov 30, 2023 -
How to finance a small business for the holidays
There are several small business financing options for the holidays, but you’ll need to budget and plan to find the right fit.
7 min read Nov 29, 2023 -
Hispanic small business owners statistics
In 2021, Hispanic business owners made up 6.9 percent of all small businesses. Learn more about Hispanic-owned small businesses here.
4 min read Nov 29, 2023 -
Debt-service coverage ratio: What is it and how do you calculate it?
A business’s DSCR indicates how well its cash flow covers its debts.
4 min read Nov 29, 2023 -
How to get a secured business loan
Learn the steps involved with getting a secured business loan and what collateral you can use.
5 min read Nov 29, 2023 -
How to write off repayment of a business loan
You can’t write off the loan, but you may be able to deduct interest paid.
5 min read Nov 29, 2023 -
Unique gifts that support small businesses
If you want to be a unique gift giver, shopping small is the way to go.
4 min read Nov 28, 2023 -
What is the SBA weekly lending report and how does it work?
Learn more about where most of the SBA 7(a) and 504 loans go.
7 min read Nov 22, 2023