Funding Options
Eight ways to finance a small business. Each guide covers how it works, what it costs, who qualifies, and when to pick something else.
-
Small Business Term Loans
A lump sum with a fixed repayment schedule.
Loan amount: Up to $5,000,000
-
Business HELOC
Home equity, put to work in the business. Low rates, funded in days.
Line amount: Up to $750,000
-
Business Line of Credit
A revolving limit. Pay interest only on what you draw.
Credit limit: Up to $750,000
-
Equipment Financing
Buy equipment and let the equipment secure the loan.
Minimum amount: $20,000
-
SBA Loans
Government-backed loans with long terms. Slower to get.
Maximum 7(a) loan: $5,000,000
-
Invoice Factoring
Sell unpaid invoices for cash now.
Factoring line: $200,000 to $7,000,000
-
Purchase Order Financing
Pay suppliers to fill a large confirmed order.
Funding amount: $200,000 to $7,000,000
-
Working Capital Financing
Cover payroll, inventory, and cash flow gaps.
Line of credit: Best for recurring or unpredictable gaps. Draw, repay, reuse.
- Before you compare offers
Loan or revenue-based financing?
A term offer can come back in either form. One is a loan. The other is not. Here is how to tell them apart and compare the cost.
Read the explainer