Business Loan

A business loan is a financial product designed specifically to support business needs, including starting or expanding operations, purchasing inventory or equipment, and managing cash flow. Loans can be issued as lump-sum term loans or flexible lines of credit, and may be either secured, requiring collateral, or unsecured, which rely solely on the borrower’s financial history  Common variants include SBA-guaranteed loans, microloans, invoice financing, and asset-based financing Lenders range from traditional banks and credit unions to online and alternative finance providers