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504 loans: These loans are backed by equipment or commercial real estate and are intended to cover major purchases. Microloans : Capped at $50,000, microloans are designed to help foster expansion ...
LLC business loans are available from traditional lenders, online lenders or the SBA. ... 504 loans for real estate, and microloans. There are fast funding options, like working with an SBA ...
LLC small business loans are often used to foster business startup, growth, ... Common types of business collateral include business equipment, real estate, investments and cash.
Loan type. Typical amount. Purpose. How it works. Term loan. $1,000 to $1 million. Highly versatile; can be used for equipment, real estate, working capital and more
Documents needed for LLC business loans. ... These may include vehicle titles, real estate documents, equipment information and bank account statements. Be prepared to provide appraisal ...
Commercial real estate loan. Designed for businesses that want to open a physical location. The money can be used to purchase property or lease space. May be able to borrow as much as $5 million.
Loan type. Purpose. Best for. Term loans. Working capital and other short- and long-term business expenses. Businesses with expenses of varying sizes that need to be covered
Most popular SBA loan, used for general purposes, including working capital, equipment and real estate. 504 loan. Designed for equipment and real estate purchases or construction improvements ...
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