"A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest." - SBA.gov

Business Loans


Credit Unions are not-for-profit organizations. They are member-owned and were set up for those who share certain aspects in common ...

What Are The Disadvantages Of Credit Unions (Pros And Cons Of Credit Unions)

The world of business loans and tax can often be quite stressful, especially if you are new to this environment. ...

Does A Business Loan Count As Income (Is A Business Loan Considered Taxable Income)

Starting a limited company is a great step towards financial freedom. There are lots of benefits to owning your own ...

Can An LLC Borrow Money From A Bank (Ways To Finance Your Limited Liability Company)

Everyone knows how great SBA loans, with their easy payback system, but if your business has been affected by the ...

Can I Use SBA EIDL Loan To Pay Off Debt (What Can I Spend My EIDL Loan On?)

When it comes to finances, it is important to have a good understanding of the different terms. This will help ...

What Is A Floating Lien (Meaning, Importance And More)

According to information from the Small Business Association (SBA), around 1 in 10 military service veterans are self-employed. Those veterans ...

How Do I Qualify For A VA Business Loan? (VA Business Loan Requirements For SBA Programs)

Business Credit


A business line of credit is a flexible short-term loan that can be an incredibly handy tool for small to ...

What is a Business Line of Credit For?

To get a line of credit for your business you will need to apply for one with a bank or ...

How Do I Get a Line of Credit for My Business?

Setting up a business can be a time-consuming and costly process. The financial aspects of starting a business venture can ...

Does a Business Line of Credit Affect Personal Credit?

A business line of credit is a flexible financing arrangement for existing small businesses or start-up businesses. The borrower can ...

What is the Best Business Line of Credit?

A business that requires financing typically has two choices available to them, a business loan or a line of credit. ...

Should I Get a Business Loan or Line of Credit?

If you are fairly new to owning your own business, then you will probably be aware that there is a ...

How Do I Get an Unsecured Business Line of Credit?