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.
Grow your small business with multiple financing solutions like small business loans and options to help purchase or refinance equipment with financing
Loan Amount · Up to $500,000 ; Loan Term Length · Up to 25 years; Up to 10 years for revolving lines of credit ; Minimum Credit Score · Not disclosed
For a variety of finance options ; Required monthly revenue: $8k+ ; Required annual revenue: $60k+
Discover small business financing solutions including small business loans, lines of credit and other solutions, to expand or to meet any unexpected needs
How it works: Apply for a specific loan amount. Choose the length of your loan. 3 · The vehicle you’re buying typically serves as collateral. Make scheduled monthly payments of principal and interest. Track your balance online. Best if you want to: Upgrade or replace your business vehicle · Get potential tax deductions · 4
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.
Small business loans can help entrepreneurs like you launch and grow your dreams. Find the right funding option for you.
Vault’s Viewpoint ; Learning how the business loan process works upfront could help improve your odds of a more successful application experience. ; It’s important to figure out the type of business loan you need before you apply for financing. ; Researching business loan eligibility requirements in advance can help you narrow down the options that are most appropriate for your situation.
Business owners may need to borrow funds to cover company-related purchases and operating expenses. Here's what to know about the best small business loans.