Small-business loans can help you start or expand an existing business. And during the coronavirus pandemic, small-business financing could help your business stay afloat amid disaster. Loan programs from direct lenders and the Small Business Administration, including the SBA Paycheck Protection Program, can infuse working capital loans and other financial support when you need it the most. Learn how you can access capital for your business with the best small-business lenders.
Unsecured Business Loans
Small-business loans typically require collateral, which can be business or personal, and include real estate, equipment, savings, or other assets. But if you don’t have collateral to pledge for the loan or don’t want to put personal assets on the line, you do have no-collateral business loan options. Discover the benefits and risks of unsecured business loans as an option for business financing.
Bad Credit Loans for Small Businesses
If you have a checkered credit history, traditional banks or credit unions may be unwilling to approve a business loan. Luckily, alternative lenders, which provide options outside of conventional banks, offer small-business loans if you have a bad credit score. Get a small business loan with bad credit to start or grow your company.
Best Business Credit Cards
If you’re running a small to midsize business, you know how difficult it can be to get funding or to qualify for credit. One solution is to consider getting a business credit card. Many get confused about the difference between small-business credit cards and corporate credit cards. Small-business credit cards are ideal for someone who operates a business but who hasn’t yet established a business credit profile. Corporate cards are used by larger companies that have already built up a business credit history. Compare the different offers and choose the best business credit card that is right for you.
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