The Most Popular Types of Business Loans

Short-Term Loan

Maximum Loan Amount
$2,500 – $250,000
Term
3 – 18 months
Interest Rates
Starting at 3%

Term Loan

Maximum Loan Amount
$25,000 to $500,000
Term
1 – 5 years
Interest Rates
7 – 30%

Equipment Financing

Maximum Loan Amount
Up to 100% of equipment value
Term
Expected life of equipment
Interest Rates
8 – 30%

Small Business Startup Loan

Maximum Loan Amount
$150,000
Term
6 months to 4 years
Interest Rates
7.9 – 19.9%