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If you’re looking to expand or sustain your venture, taking out a small business loan could be a worthwhile step to consider. An infusion of new capital can allow you to build up inventory, purchase new equipment or have extra cash on to cover overhead expenses.
Small business financing is available through online lenders, traditional banks, credit unions and even peer-to-peer lending platforms. Business loans come in a few different varieties.
Since 2020, our writers and editors have invested hundreds of hours to finding the best small business loans. For this report, we vetted 29 lenders for more than 20 data points each, including their qualification requirements, application process and…