Small Business Loans

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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 challenges, 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 full within 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 short-term 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 business entirely.