Business Tools Downloadable checklists, model business plans, forms and other documents. Our small business online advice columnist. There are a number of types of institutions that offer small business loans, although each type of lender may be better suited to different lending situations. Banks include traditional savings banks, savings and loans, and commercial banks, and are generally the first place small business owners think of when looking for institutional financing.
Credit unions can offer generous terms to their members, but make mostly consumer loans.
Commercial finance companies may be worth considering if you need a loan for inventory or equipment purchases. All Rights Reserved.