What are the different types of small business loans

What are the different types of small business loans?

As a small business owner, financing can be crucial for your growth and handling unexpected costs. This article highlights five types of loans, including CDC Small Business Finance, SBA 7(a) Loans, Equipment Financing, Invoice Financing, and Lines of Credit. Each loan has unique features, benefits, and drawbacks, so it’s essential to evaluate your business needs carefully.