Business

Key takeaways Commercial truck loan rates can range from 6 percent to 35 percent or higher You might find favorable loan terms like no down payment from specialized commercial truck lenders Consider SBA loans for semi-truck financing, especially the 504 loans, which are designed for buying assets Financing your semi…

Key takeaways American Express® Business Line of Credit and Fundible both offer business lines of credit Choose American Express® Business Line of Credit if you have fair-to-excellent credit and want a line of credit Choose Fundible if you have poor credit and want to choose from several types of loans…

Key Takeaways Equity financing involves selling company shares in exchange for investor funding Debt financing means borrowing money from a lender that you pay back over time Both equity and debt financing have pros and cons The best option depends on the specific needs of your business Finding money to…

gesrey/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Working capital loans are short-term loans used for expenses like payroll, rent and utilities Working capital loans can come in many forms, including term loans, lines of credit, invoice financing and SBA loans Online lenders offer the fastest funding for working capital…

Key takeaways Small business financing isn’t limited to traditional banks Online lenders provide accessible and fast loans compared to traditional banks Loans guaranteed by the Small Business Administration offer financing for small businesses that don’t qualify for conventional loans CDFIs and MDIs specialize in helping provide capital to businesses in…

Key takeaways Be sure to understand all aspects of your loan agreement, including the loan amount, APR, repayment term, loan cost and fees Budgeting, paying bills on time, and keeping debt to a minimum is key to managing a working capital loan Talking to your lender before missing a payment…

Key takeaways Banks are known for offering low-interest business loans to business owners with good credit and at least two years in business Banks offer many types of bank business loans, ranging from term loans to SBA loans to equipment loans Alternatives to bank business loans include business credit cards…

Key takeaways Short-term business loans are an option for businesses who need an influx of capital quickly Short-term business loans come with flexible financing options, easy application processes and relaxed eligibility requirements Short-term business loans have downsides, such as smaller loan amounts, shorter repayment terms, frequent payments and higher costs…

Danai Jetawattana / Getty Images Starting a business can be the start of pursuing a lifelong dream. But turning a dream into reality requires putting your ideas on paper — especially if you want to secure a small business loan from a lender. In most cases, lenders will request prospective…

With the April 15 deadline for filing business income taxes looming, many small business owners are getting their documents and finances in order to determine how much they may owe or whether they can expect a refund. Working with a tax professional such as a tax preparer or a certified…