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You’ve come up with a great idea and want to turn it into a great business. What’s next? Learn more about what it will take to get your business up…

What types of business loans can I apply for?

Types of Business Loans

Short-Term Loans - Loans that are paid back in less than one year. Types of short-term loans include:

  • Working Capital Loan
  • Accounts Receivable Loan
  • Line of Credit

Long-Term Loans - Loans with maturities greater than one year. These loans are used for major business expansions, purchases of real property, acquisitions and in some instances start-up costs. Types of long-term loans include:

  • Personal Loan
  • Commercial Mortgage
  • Term Loan

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