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Types of small business loans

There are about eight structures worth knowing. Most owners only need to understand three of them to make the right call.

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$5K-$5MRange
2-4 hrsDecision
500+Scores placed
Same dayFunding

The eight structures

TypeWhat it isBest for
Short-term working capitalA lump sum repaid over monthsA deadline or fast-turning buy
Line of creditA revolving limit you draw onRepeat, unpredictable needs
Term loanLump sum, fixed payments, longer termExpansion, build-out
Revenue-based financingPayments move with your salesSeasonal businesses
Merchant cash advancePurchase of future receivablesCard-heavy businesses needing speed
Invoice factoringSelling unpaid invoices at a discountSlow-paying commercial customers
Equipment financingSecured by the equipment boughtMachines, vehicles, fit-out
SBA-backed loansBank loan with a government guaranteePlanned growth, months of lead time

The question that narrows it

What does the money buy, and how long until it pays for itself? Match the term to that and most of the list eliminates itself. Stock turning in six weeks is not a three-year loan. A second location is not a daily remittance.

What we offer and what we do not

We fund working capital, lines of credit, term loans, revenue-based financing, MCA refinancing and second positions. We do not offer SBA loans, equipment leasing or commercial real estate. When one of those is the right answer we will say so rather than push you into something faster and more expensive.

Comparing across types

Total dollars repaid — the only figure that compares cleanly across every structure
The date the first payment leaves your account
Payment frequency and what it is calculated on
Whether early repayment is discounted or the total is fixed

Common questions

Which type is cheapest?

SBA-backed and bank loans, by a wide margin — if you qualify and can wait. Among fast products, a line of credit usually beats repeated one-off funding over a year.

Which is fastest?

Deposit-based working capital. A decision typically within 2 to 4 hours on a complete file.

Can I combine types?

Yes, and it is common. Disclose every existing position so the combined payment load is modelled properly.

Do you offer SBA loans?

No. We will tell you when an SBA loan is the better route, but it is not a product we offer.

See what you qualify for

Same-day decision. Applying takes a few minutes and will not affect your credit score.