Category: Business Financing

Funding Circle is known for offering quick, affordable loans with fixed-rate terms to businesses with an established history. For small businesses who want to avoid the slow and inconvenient aspects of traditional bank loans, Funding Circle offers an attractive alternative. Funding Circle loans may also be a good alternative to the U.S. Small Business Administration (SBA) 7(a) loan due to higher maximum loan amounts, quicker funding time, and a shorter, less complicated application process.  What Is Funding Circle? Funding Circle… Read More

Small businesses that need funding to pay for equipment can consider an equipment line of credit.Unlike a traditional small business loan, a business line of credit allows the borrower to only pay interest on the amount they use.Borrowers can also re-use the credit once they pay it off. What is an Equipment Line of Credit? An equipment line of credit is a small business loan that allows you to  only pay interest on what you use. It also allows you… Read More

A micro loan is a small business loan intended for startups, self-employed individuals, or businesses with just a few employees.These loans tend to have higher interest rates and shorter repayment terms than traditional loans, but can be easier for small businesses or startups to get.Many microfinance or micro loan programs are aimed at underserved communities who don’t have access to other types of financing, including non profit organizations. The U.S. Small Business Administration (SBA) provides micro loans, but there are many… Read More

Business owners looking to increase cash flow for inventory might consider an inventory line of credit. This type of financing can work well for retailers, wholesalers, and seasonal businesses. In this article, we explain how inventory lines of credit work, how they’re different from an inventory loan, and which options are best. How an Inventory Line of Credit Works A business line of credit is a pool of money businesses can pull from as needed while only paying interest on… Read More

Whether you need a small business loan to start or expand your business, invest in inventory or new product development, or even to handle fluctuating cash flow, finding the money your business needs can feel daunting. That’s especially true if the amount you need is in the 6 figures plus range. There are many options for $100k business loans available, but understanding your options and how to qualify is key to securing the best small business loan for your current… Read More