Like any loan, a small business loan is money borrowed from a lender that must be repaid with interest. Learn more and how small business loans work here.
No matter what kind of help you need, Truist has small business loans and lines of credit that are simple and accessible. Get funding and boost your business.
The majority of small business owners today require some form of financing to stay afloat or cover expenses. Check out our guide for how to get a small business loan to improve your chances of gett...
Explore our small business financing options and find out how to use small business loans and credit to finance your business needs. Get more information about funding your business with a term loa...
When it comes to choosing the best small business loans, our guide can help you compare the best rates and terms available to help you fund your business.
Key takeaways ; The type of business loan you choose depends largely on why you need the loan and what you’ll be using it for. ; Lenders set their own qualifications for business loans, including time in business, personal and business credit score, annual revenue and collateral. ; The application process may vary depending on the lender and type of loan, and the funding time can range from a few days to 90 days or more.
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Looking for a small-business loan? Learn more about four different options you can consider.
Different types of small business loans are available, each tailored to serve specific business needs and profiles.
Pros : Offers a higher funding amount at $500,000 · No-cost application, Cons : High annual sales requirement to qualify for the loan