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Small Business Startup Loans: How To Get Funding For A Startup

It may seem like getting startup financing is out of reach, but there are lots of options, such as alternative lenders, the SBA, business credit cards, and more.

    Shannon Vissers
  • Last updated onUpdated

  • Erica Seppala
  • REVIEWED BY

    Erica Seppala

    Editor & Senior Staff Writer

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Key Takeaways
  1. There are various funding options for startups, including microloans, personal loans, equipment loans, and SBA loans. Other options include business credit cards, crowdfunding, invoice financing, and borrowing from friends and family.
  2. Many traditional lenders require startups to have established revenue and good credit.
  3. Microloans and personal loans may have less stringent requirements, while SBA loans offer favorable terms but can be time-consuming and challenging to qualify for.
Shannon Vissers

Shannon Vissers

Lead Staff Writer at Merchant Maverick
Shannon has been writing for Merchant Maverick about small business software and financing since 2015. She started writing professionally about business topics in 2005. Shannon has been featured in the Washington Post, Reader's Digest, US News, MSN, Yahoo Finance, Business Insider, and other publications. She has a bachelor's degree in English from San Diego State University and currently resides in San Diego, California.
Shannon Vissers
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Shannon Vissers

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