The Most Popular Types of Business Loans

Short-Term Loan

Maximum Loan Amount

$2,500 – $250,000

Term

3 – 18 months

Interest Rates

Starting at 10%

Term Loan

Maximum Loan Amount

$25,000 to $500,000

Term

1 – 5 years

Interest Rates

7 – 30%

Equipment Financing

Maximum Loan Amount

Up to 100% of equipment value

Term

Expected life of equipment

Interest Rates

8 – 30%

Small Business Startup Loan

Maximum Loan Amount

$150,000

Term

6 months to 4 years

Interest Rates

7.9 – 19.9%

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