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Many small business owners have only heard of a few ways to fund their businesses. The most popular business financing options include term loans, equity financing, or business credit cards. Yet, another extremely advantageous option is overlooked because it’s not as popular as a traditional small business loan. This is the Business Line of Credit.

When small business owners learn how business lines of credit operate, their first thought is, “Why don’t more small business owners use this?” A business line of credit is like the best of both worlds. It allows you to access funds without the various hassles or costs that come with other options. You could even view a small business line of credit as a “secret weapon” to bail you out of unforeseen cash flow problems or help you capitalize on unexpected opportunities.

If you’re a small business owner who needs quick access to capital immediately, a Merchant Cash Advance (MCA) could be what you’re looking for. Also referred to as a Business Cash Advance, this type of cash advance a merchant can take is easily accessible and comes with flexible payment terms. Typical requirements like an excellent credit score or overflowing financial statements aren’t mandatory for merchant cash advance eligibility.

Payment amounts for a merchant cash advance are based on daily credit card sales and aren’t fixed, so business owners only pay what their cash flow can bear each month. And though it’s geared towards short-term initiatives, a merchant cash advance doesn’t become more expensive if sales slow down for a little while. This makes a merchant cash advance ideal for small businesses that would struggle with the fixed payment schedule of traditional business loans.

Are you a small business owner wondering how to get expensive new equipment with a low or no down payment? Or without paying high rates?

You don’t need a heap of cash reserves or to provide endless financial statements. You can do it with the help of Business Equipment Financing & Equipment Leasing. Small business owners now have many loan options when financing equipment, not just the local bank.

With business equipment loans, you can enjoy small monthly payments almost as if you were equipment leasing. Better yet, the business owner owns the new equipment outright once the balance is paid off.

Many owners of small businesses have something in common, and that’s equipment cost. Whether we’re talking about upgrading it or breakdowns, purchasing equipment costs money and maintenance and can strain your cash flow.

The approval rate to get small business equipment financing with online lenders and even local banks like Wells Fargo and Bank of America is among the highest of all funding products. Typically, it’s hovering around 80%. The application process and payment options are straightforward. The paperwork needed for equipment financing is minimal. Best of all, small business owners can get funded in a matter of days, with a low or no down payment, and enjoy better rates (starting at 5%), which in most cases qualifies for a tax deduction.

Many businesses do not get paid immediately after providing their goods or services. These businesses include everyone from medical practices to construction contractors to wholesalers. Instead, business owners must wait several weeks to receive payment. If the client takes longer than expected to pay an outstanding invoice, that time frame can go from weeks to months. And even if the customer pays on time, the sale might become less profitable if compensation arrives just before monthly bills are due. Thankfully, you can avoid both dilemmas with Accounts Receivable Factoring.

This type of flexible financing shortens your payment cycle to just a few days, allowing you to alleviate your cash flow challenges, increase profitability, and cover sudden expenses.

Most small business owners need extra working capital at some point, regardless of their financial health. A host of unforeseen circumstances can cause revenue to dry up or compromise the majority of operational funding. Common examples include bad weather, changes in demand, or even a fire in the business next door. The inevitability of these events resulted in the popularization of Working Capital Loans. While the typical financial institution and other business capital products are geared towards long-term investments or massive expenses, a working capital loan is designed to help businesses recover from temporary cash flow issues, everyday expenses and to take advantage of new opportunities.

If you don’t need a lot of money but need more than a little, working capital loans could be the exact solution you’re looking for.

SBA Loans are easily the most coveted business loans on the market. No other type of business loan can compete with their interest rates, terms, and borrowing limits. However, these advantages make SBA Loans particularly challenging to qualify for. As if the requirements weren’t challenging enough, the application process often catches business owners off guard due to the various misconceptions surrounding SBA Loans. To earn approval, you must first understand why SBA Loans are so different and similar to the traditional Business Term Loan.