4 Resources for Small Business Loans

If you’re considering taking out a loan for your small business or startup, here are some resources that can help you find the loan program that works best for your business needs.

SBA

Naturally, the place to start for anything related to small business is the SBA. The Small Business Association’s website will educate you on different types of SBA-backed loans and grants (if you’re a minority, a woman or live in a rural area, there are special programs you may qualify for), and help you find an SBA lender. Its resources also provide advice on meeting with a lender, including what you need to know, and what you should expect from the process.

Articles of Interest:

Biz2Credit

This site serves as a sort of small business loan broker. You input your information and see loans you may be eligible to apply for from 400+ pre-qualified lenders. Biz2Credit does an excellent job of explaining different funding options, like a line of credit, commercial loan and equipment financing. The site is chock-full of useful resources on small business lending.

Articles of Interest:

Build My Biz

Powered by Paychex, this new lending site creates a community around small business owners at different stages, from just starting out to growth and expansion. The articles are very in-depth (such as this one on leasing equipment and renting office space), and provide more than just surface knowledge on everything you need to know about not only running your business, but also financing options.

Articles of Interest:

TheFunded

TheFunded.com is a well-known resource among startups. It’s a community of CEOs, founders and entrepreneurs that discusses financing, strategies, and specific investors. You can browse available funds based on your industry and geographic area. Becoming a member will give you access to all content, but there’s still some value, even if you’re not a member.

Articles of Interest:

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About Susan Payton

Susan Payton is the President of Egg Marketing & Communications, an Internet marketing firm specializing in marketing copy, blog and article writing. She is the blogger behind The Marketing Eggspert Blog, and also writes on Small Business Trends, Growth University and BizLaunch. Follow her on Twitter @eggmarketing. Susan Payton on Google+!