Business Financing

Secured vs. Unsecured Business Loans Secured and unsecured business loans are two of the most common loan types available to businesses today. Secured business loans require a borrower to provide collateral in exchange for the loan, while unsecured loans do not. Secured business loans tend to have lower interest rates and more favorable repayment terms than unsecured loans, but they also come with...

5 Long-Term Business Loan Benefits Long-term business loans also tend to have lower interest rates than short-term business loans. With a lower interest rate, business owners are able to save money on their loan payments each month, allowing them to put those funds towards other operating expenses and investments in the business. Additionally, since these loans have longer repayment periods, borrowers...

Short-Term Business Loan Benefits By taking advantage of business loans, entrepreneurs can access the funds they need to grow their business without having to dip into their personal savings. The benefits of short-term business loans in particular are numerous, offering flexibility and convenience when it comes to repayment schedules, competitive interest rates, and the ability to quickly access funds...

5 Common Business Loan Misconceptions Most business owners have heard of business loans and understand the concept, but there are many misconceptions regarding these valuable financing options. Here are 5 common misconceptions about business loans so you can make an informed decision when considering one for your business. Misconception 1: A Business Loan is Too Difficult to Get – Many...

Business Loan Definitions and Information A business loan is a form of financing provided by banks, alternative lenders, or other financial institutions to help businesses cover expenses like capital investments, operational costs, payroll, and more. A business loan allows companies to borrow money on a regular basis and pay it back with interest over time. The specifics of how a business loan works...