Most traditional banks and private business lenders allow you to apply for a small business online. Some lenders even make a decision within minutes.
Before applying, decide what type of loan you need, how much you want to borrow and how quickly you need the funds. Take a close look at your personal and business qualifications, too. This will determine your loan options, including rates and terms.
Don’t forget to compare lenders before signing the dotted line. Make sure to convert factor rates to APRs if necessary.