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Here are some of our top lenders for equipment loans: Best equipment loan for startups: Creditfy. Best equipment loan with low revenue: Funding Circle. Best equipment loan for large amounts: SMB ...
Type of SBA loan. Description. 7(a) loan. Most popular SBA loan, used for general purposes, including working capital, equipment and real estate. 504 loan
SBA 7(a) loans. SBA 7(a) loans have loan amounts of up to $5 million and repayment terms of up to 10 years when used for working capital. It can take up to 90 days to receive funds, but the capped ...
Bankrate insight. Covering operating expenses is the top reason (59 percent) that employer businesses apply for business loans, according to the 2023 Small Business Credit Survey.Another 46 ...
Lender. Best for. Bankrate score. Lendio. Fast and easy business loans. 4.6. OnDeck. Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit
Working capital loans. Top features. OnDeck. Term loan. Line of credit. Repayment terms up to 24 months. Loans from $5,000 to $250,000. Credit lines from $6,000 to $100,000. Daily or weekly payments.
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