Small Business Loans
What do you need to qualify for a small business loan?
+1 year in business
$500.000+ in annual revenue
A small business loan provides funding for entrepreneurs to tackle cha lenges, take advantage of opportunities, and invest in their businesses. You can use the funds for almost any business purpose, including working capital, equipment, expansions, payroll, and other investments. The borrower is expected to pay the principal, plus interest, in fullwithin the term outlined in the loan agreement. The length of your term depends on your needs and the financial background of your business, but keep in mind that the lender you're working with plays a major role in this as well. Short-term business loans are best for shortterm revenue-driving opportunities and challenges that you need to plug quickly. Long-term business Ioans, on the other hand, are better suited for expenses that won't benefit your business immediately, Iike opening a new physical location or purchasing a new husiness entirely.
Let's Chat
Have questions or want to learn more about our loans? We're here to help! Contact us today to discuss your business financing needs and discover how Small Biz Loans can support your growth. We look forward to hearing from you!