Small business loan

Also called: loan, loans, debt, debt financing, SBA loan, bank loan, line of credit, SBA

Money a business borrows and must repay with interest. The lender gets no ownership. In the US, the Small Business Administration (SBA) backs some loans that banks and other lenders make to small businesses.

For example: A bakery owner borrows 80,000 dollars from a bank to buy ovens and repays it monthly over seven years. The owner still holds all of the company.

Connects to 15

Non-dilutive funding Concept
Grant Concept
Equity Concept
Convertible note Concept
CDFI Concept
TEDC Creative Capital Investor
REI Oklahoma Investor, nonprofit
MetaFund Investor, nonprofit
Avanzando Juntos Investor, nonprofit
Oklahoma SBDC Organization, school
SCORE Tulsa Organization, nonprofit
SBA Oklahoma District Office Government
Government contracting Concept
Regent Bank Organization
Advantage Capital Investor

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.