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2. Small business financing: Your options - AOL

   www.aol.com/finance/small-business-financing...

   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

3. How to get an equipment loan - AOL

   www.aol.com/finance/equipment-loan-181004367.html

   Interest rate: Both your business’s creditworthiness and current market forces impact business loan interest rates. Rates can range from the single digits to well over 30 percent.

4. What documents are required to apply for an equipment loan? - AOL

   www.aol.com/finance/documents-required-apply...

   According to the 2023 Small Business Credit Survey, 13 percent of small businesses applied for an auto or equipment loan in 2023, making these the fourth most common options applied for. Compared ...

5. What is an equipment loan and how does it work? - AOL

   www.aol.com/finance/equipment-loan-does...

   Generally, getting an equipment loan is easier than other types of small business loans. This is thanks, in part, to the fact that the equipment serves as its own collateral for the loan. Show ...

6. Small Business Loans for Equipment: The Funding You ... - AOL

   www.aol.com/finance/small-business-loans...

   Equipment loans vary from lender to lender, but interest rates range from 5% to 30%, per Funding Circle, and requirements regarding down payment, credit score and business financials can vary.

7. Pros and cons of equipment loans - AOL

   www.aol.com/finance/pros-cons-equipment-loans...

   According to the Federal Reserve Banks’ 2023 Small Business Credit Survey, 13 percent of small business loan applications in 2023 were for auto or equipment loans, with 73 percent of those ...