The Most Popular Types of Business Loans

Short-Term Loan

Maximum Loan Amount
$2,500 – $150,000
Term
1 – 6 months
Interest Rates
Starting at 12%

Term Loan

Maximum Loan Amount
$50,000 to $500,000
Term
1 – 3 years
Interest Rates
12 – 30%

Equipment Financing

Maximum Loan Amount
Up to 100% of equipment value
Term
Expected life of equipment
Interest Rates
12 – 30%

Small Business Startup Loan

Maximum Loan Amount
$250,000
Term
6 months to 3 years
Interest Rates
12 – 19.9%