# Small business loan

Concept · [Fundraising and equity](https://ecosystem.samcarlton.com/fundraising)

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](https://ecosystem.samcarlton.com/equity). 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](https://ecosystem.samcarlton.com/non-dilutive-funding): Money a company receives without giving up any ownership.
- [Grant](https://ecosystem.samcarlton.com/grant): Money given for a stated purpose that does not have to be repaid and does not buy any ownership.
- [Equity](https://ecosystem.samcarlton.com/equity): Ownership in a company.
- [Convertible note](https://ecosystem.samcarlton.com/convertible-note): A loan from an investor that is meant to turn into shares later instead of being paid back in cash.
- [CDFI](https://ecosystem.samcarlton.com/cdfi): Short for community development financial institution.
- [TEDC Creative Capital](https://ecosystem.samcarlton.com/tedc-creative-capital): A Tulsa small business lender, founded in 1979 as Tulsa Economic Development Corporation.
- [REI Oklahoma](https://ecosystem.samcarlton.com/rei-oklahoma): A statewide nonprofit that offers flexible financing and business development help to Oklahomans with limited access to resources.
- [MetaFund](https://ecosystem.samcarlton.com/metafund): An Oklahoma nonprofit community development financial institution, or CDFI.
- [Avanzando Juntos](https://ecosystem.samcarlton.com/avanzando-juntos): A Tulsa nonprofit that lends to and supports small businesses.
- [Oklahoma SBDC](https://ecosystem.samcarlton.com/oklahoma-sbdc): A statewide network that gives small businesses free, confidential one-on-one advising and workshops, in person or online.
- [SCORE Tulsa](https://ecosystem.samcarlton.com/score-tulsa): The Tulsa chapter of SCORE, a national nonprofit network of volunteer business mentors.
- [SBA Oklahoma District Office](https://ecosystem.samcarlton.com/sba-oklahoma): The Oklahoma City office of the US Small Business Administration, the federal agency for small businesses.
- [Government contracting](https://ecosystem.samcarlton.com/government-contracting): Selling products or services to a government agency under a formal contract.
- [Regent Bank](https://ecosystem.samcarlton.com/regent-bank): A business bank with branches in Tulsa, Oklahoma City and Nowata that is an SBA Preferred Lender.
- [Advantage Capital](https://ecosystem.samcarlton.com/advantage-capital): An investment firm offering debt and equity financing to qualifying Oklahoma small businesses through the Oklahoma Rural Jobs Act.

> 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.

Map view: https://ecosystem.samcarlton.com/small-business-loan