Small-business loans: Know your optionsBest Small Business Loans of 2021 | NewsLoans - SBALoans - SBASmall Business Loans: Compare the Best Financing Options12/01/2021 · If you’re in the market for a small-business loan, you’re in the right place. With all the financing options out there, trying to compare business loans can feel overwhelming. In this roundup, we’ll tell you what makes these lenders great and help you decide which is the best fit for your ;· A small business loan from an online lender can be as much as $500,000 with interest rates as low as around 7%. However, small business loan amounts can go as low as $2,500, and interest rates can skyrocket to around 80%. SBA and bank loans typically offer the largest amounts. SBA loans, for example, can reach as high as $5 million in the loan ;· What is a Small Business Loan? A small business loan provides much-needed working capital that business owners can use for a variety of functions, including expanding the business, hiring staff, purchasing equipment, or keeping cash flowing. Sometimes lenders require collateral to guarantee small business ;· The Small Business Administration (SBA) is offering Economic Injury Disaster Loans. If you qualify, you can get up to $2 million and a interest rate. You can visit the SBA website or your local SBA office to SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces risk for lenders and makes it easier for them to access capital.

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