Business loans you can get without a personal guarantee may include term loans, lines of credit, equipment loans, merchant cash advances (MCAs) and invoice financing.

If you’re a business owner looking to expand your operations, you may be exploring financing options. Two common choices are a business line of credit (LOC) and a business loan.

SBA loan: SBA loans are government loans issued by the Small Business Administration. These loans can offer incredibly competitive rates and terms, but often require a lot of paperwork.

Loan payments may be unsustainable if your business lacks the income to cover them. You may need to risk your personal assets, which could put your overall financial health in jeopardy.

You may also be restricted by the type of SBA loan you can use to refinance. For example, if you originally took out an SBA 7 (a) loan to finance working capital, you won’t be able to refinance ...

With the Metropolitan Economic Development Association (MEDA) at the helm of a new $22 million loan program, small, BIPOC-owned businesses in the Twin Cities are not just recovering – they're ...