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Sometimes called medium or long-term loans, installment loans are what most people think of when they hear the word loan. In most cases, a business that successfully applies for a term loan will receive a lump sum of cash which can then be used for business expenses. In some cases, there may be restrictions on what the money can be used for.

Whether you already own a trucking business or are pursuing a new venture, you’ll likely need financing or seed funding at some point. Existing businesses may need capital to fund expansion efforts or maintain payroll when cash flow is down. Read on for a look at the best grants and funding options for trucking companies.

Want to run a catering business, but aren’t sure where to start or get the funds? Learn everything you need to know to get started in our step-by-step guide!

The SBA has several options for small business owners in need of a business loan for real estate. Of the six types of SBA loans, 7(a) loans and 504 loans are the two most viable options for real estate purchases.

A home equity loan certainly has its benefits — startups can qualify, interest rates are low, and terms are favorable. However, there may be other options that make sense for your business that don’t put the roof over your head at risk. As with any other loan, shop around, compare lenders, and understand the terms of your loan or line of credit before signing a contract.

If you need business financing, an installment loan is probably the first type of loan you think of. As some of the most common and straightforward type of loans available, installment loans are a popular type of business financing. Also commonly referred to as term loans, installment loans can be useful for many business financing needs—from […]

The SBA offers a variety of loan programs that vary according to business needs. Its flagship program is the 7(a) loan program, which offers loans for most general business purposes. However, it also offers special programs such as microloans and disaster loans. Find out more about SBA loans, including who qualifies.

If you’ve been searching the internet for information about equipment leasing, you’ve probably run into a wall of industry jargon. Between captive lessors, capital leases, equipment financing agreements, and references to Section 179, the terminology can get pretty opaque. This is especially true when it comes to TRAC leases. If you’ve ever wondered what the TRAC lease is, how it works, or even just what the acronym stands for, you’ve come to the right place.

UCC-1 blanket liens are often required when you take out a business loan, credit line, or lease. In this article, we explain what liens are and what you need to know about them, so business financers can’t take advantage of your business.

If you have questions about completing your loan application, you can always ask your SBA-approved lender. If you haven’t yet found a lender to work with, SCORE is a great resource. This nonprofit organization provides resources and services including free business mentors that can help you through every step of the process.