Funding Resources for Small Businesses

Top Small Business Funding Options

  1. Traditional term loans: Best for established businesses with strong credit.
  2. SBA loans: Best for established, profitable businesses.
  3. Business line of credit: Best for funding working capital.
  4. Business credit cards: Best for startup business owners with no business history.
  5. Equipment financing: Best for purchasing business equipment.
  6. Invoice financing: Best for businesses with money tied up in unpaid invoices.
  7. Short-term loans: Best for quick funding; businesses that can’t qualify for other options.
  8. Equity investors: Best for businesses with high growth potential.
  9. Small business grants: Best for free funding; community-focused or mission-oriented businesses.
  10. Friends and family: Best for new businesses that need help getting started.
  11. Crowdfunding: Best for B2C startup businesses.

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To learn more about each of the above funding options, read the entire article by Randa Kriss, originally published June 7, 2021, on Fundera: Fundera Top Small Business Funding Options