Small business loans are types of financing provided to companies for different purposes by various lenders. Over time, several types of small business loans have evolved to help entrepreneurs meet their goals. Therefore, the way a small business loan works depends on the type of loan in question.
Accessing small business funding shouldn’t be complicated or time-consuming, so Kabbage developed a simple way to get up to $250,000 in minutes. Apply anywhere. Enter basic business information and link your revenue data online or through our mobile app. Within minutes Kabbage will review your business performance to let you know how much working capital you can access. Take the amount you need now and come back whenever you need more capital to grow your business.
When your business is in need of funding, less cash and a longer wait can slow down your operation significantly. To avoid this, consider other options like OnDeck Simple Business Financing. OnDeck offers loans up to $500,000 with rates as low as 9.99% Assumed Interest Rate (AIR). They also offer lines of credit up to $100,000 with rates as low as 13.99% Annual Percentage Rate (APR). OnDeck also offers a $250 gift card when you take out financing.
Funding your business can intimidating, especially for first time business owners. Your time would be better spent working on your operations, managing clients and customers or searching out new talent for your team. Biz2Credit understands this. That’s why they have a team of dedicated small business funding specialists to help you every step of the way. Securing funding for your small business just got a lot easier.