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
Huntington National Bank vs. Wells Fargo: Which small business lender is right for you?
If you’re interested in an SBA loan, either Huntington National Bank or Wells Fargo could be a good fit.
Funding Circle vs. OnDeck: Which small business lender is right for you?
Funding Circle and OnDeck offer similar types of business loans, but depending on your needs, one may be better suited for you than the other.
Capital One vs. Wells Fargo: Which small business lender is right for you?
Wells Fargo specializes in multiple business lines of credit and SBA loans, but Capital One may also be worth a look. The choice between the two depends on the specific needs of the business.
Can you collect unemployment benefits if you have a side business?
If you’re unemployed, some part-time work can reduce what benefits you collect.
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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48% of small businesses don’t make it past 5 years: Here’s how your business can beat the odds
Almost half of U.S. small businesses fail within five years. Here’s how to beat the odds.
6 min read May 10, 2024 -
Types of small business loans offered at banks
There are several types of loans that small businesses can seek at banks to grow their business.
7 min read May 09, 2024 -
How to compare and work with invoice factoring companies
Four tips to help you find and work with an invoice factoring company.
6 min read May 08, 2024 -
48% of social media users have made impulse purchases: How social media is changing online shopping for small businesses
Social media helps small businesses reach potential customers, build brand awareness and understand customer needs.
6 min read May 08, 2024 -
Pros and cons of short-term business loans
Despite the costs, short-term business loans have certain advantages.
6 min read May 07, 2024 -
What is a business line of credit and how does it work?
A business line of credit can help a small business owner cover short-term needs.
6 min read May 07, 2024 -
How much will a business line of credit cost?
The true cost of your line of credit will depend on rates, fees and repayment terms.
5 min read May 07, 2024 -
National Funding vs. Triton Capital: Which small business lender is right for you?
National Funding and Triton Capital are two online lenders that offer fast funding. Here’s how they compare for small business loans.
5 min read May 07, 2024 -
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.
7 min read May 06, 2024 -
Where can I get a short-term business loan?
Banks and credit unions offer the best rates, but online lenders offer fast funding.
4 min read May 02, 2024