If you’re wondering how to get a small-business loan, you’ll want to devote the necessary time to do your research and find the right fit. It can take months to access funding, especially when it’s backed by the U.S. Small Business Administration.
By understanding all your business loan options and not rushing the process, you’ll be in the best position to apply and get approved — as well as avoid wasting time or money.
Here are six steps to apply and get a small-business loan.
We’ll start with a brief questionnaire to better understand the unique needs of your business.
Once we uncover your personalized matches, our team will consult you on the process moving forward.
1. Decide what type of loan you need to fund your business
If you want to finance a large purchase or business expansion: Traditional term loans are lump sums that you pay back over time with interest and often…
