No jargon. No cost to check.

Small Business Loans Explained Simply

Four common ways to fund a business, what each one is actually good at, and a one-minute check to see where you stand.

Start with the right product

Matching the instrument to the need matters more than shaving a point off the rate.

A revolving limit you draw from whenever you need it. Pay interest only on the balance you use, and reuse the limit as you repay.

Best for cash flow gaps, payroll and inventory timing.

A one-time lump sum up to $2MM with fixed payments over a defined term. Predictable and easy to budget around.

Best for a defined, one-time investment.

Funding secured by the equipment itself, so you own the asset from day one while keeping working capital in the business.

Best for vehicles, machinery and technology.

Government-backed financing with the lowest available rates and the longest terms, in exchange for a longer process.

Best for long-horizon investments and acquisitions.

Typical ranges. Your actual offer depends on revenue, time in business and credit profile.

Feature	Term Loan	Line of Credit	Equipment Financing	SBA Loan
Amount	$5K – $2MM	$6K – $200K	Up to 100% of equipment cost	$50K – $5MM
Funding speed	As soon as same day†	Seconds per draw*	2–5 business days	30–90 days
Term	Up to 24 months	12 / 18 / 24 months	2–7 years	10–25 years
Cost	Fixed total cost of capital	Interest on drawn balance only	Competitive, asset-secured	Lowest available rates
Collateral	Typically unsecured	Typically unsecured	The equipment itself	Often required
Best for	A defined one-time investment	Recurring, unpredictable needs	Buying vehicles or machinery	Long-horizon investments

1
Complete the application
About ten minutes online. Basic business details and three months of bank statements — no application fee.
2
Get a decision
An expert advisor reviews your file, often the same day, and explains which product fits your situation and why.
3
Receive your funds
Sign electronically and receive funds as soon as 24 hours later.† Line of credit draws land within seconds.*

Four questions, about sixty seconds, and no credit impact whatsoever.

Question 1 of 40%

Check your rate for up to $2MM. It takes minutes and has no impact on your personal credit score.