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Which loan option is best for my business?

< 1 min read

There’s no one-size-fits-all answer. The best loan for your business depends on many factors such as your needs, budget, timelines, and qualifications.

For example, if you need fast cash, accounts receivable financing or a merchant cash advance can get you funding in as little as 24 hours. If you need to upgrade your machinery, equipment financing is probably your best bet. And if you want a flexible loan that enables you to tackle several goals, a line of credit or term loan will have you covered.

Yes, there are several kinds of small business loans in our marketplace, but don’t get intimidated by all the options – get excited. After all, having more options simply means you have better odds that you’re going to find the ideal match.

The best way to get started is to complete our ultra-fast online application. Within minutes, you’ll be connected with small business loan options from more than 75 lenders from across the country. Our experienced funding managers will then walk you through the pros and cons of each loan and help find the best one for your business.

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Updated on April 5, 2022

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Disclaimer: Cheddar Capital Partners keeps its information as accurate and as up to date as possible. This information can be different than your financial institution offerings, products, or services. All pre-qualified offers and approvals are subject to credit review and final underwriting. If you find discrepancies with your credit score or information from your credit report, please contact Experian® or Equifax® directly. Commercial mortgages are not available in the state of California.

*Subject to underwriting and credit approval, not all applicants qualify for same day funding

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