Which Banks Offer Small Business Loans?
Many national, regional, and local banks offer small business loans. Traditional banks usually provide:
- Term loans
- Business credit lines
- Equipment financing
- Government-backed loan programs
Banks typically require good credit, established revenue, and strong financial records. While approval may take longer, bank loans often offer lower interest rates and longer repayment terms compared to alternative lenders.
Credit unions also offer business loans with competitive terms for members.
