A business loan is a versatile financial tool that can be utilized for various purposes. It allows entrepreneurs to invest in key areas of their operations, expand their customer base, improve efficiency, and ultimately increase revenue. From purchasing equipment and machinery to funding marketing cam...
The funds can be used to pay for regular business expenses to fuel the daily activities of the company. Business owners use a working capital loan for sales/marketing campaigns, wages, manufacturing, adding resources, etc. 4. Equipment Financing This type of loan is taken to purchase equipment...
Funds can be used to upgrade industrial equipment and modernize manufacturing operations, for example. Technology purchase loan Funds can be used to help companies upgrade hardware, like servers or computers, as well as software. These loans can even be used to help cover the cost of digital mar...
Cooperation details (detailed information about the partnered lending institutions and loan products involved in the app) Documents filed with financial supervisory authorities for partnered institutions involved in the app (such as the Financial License, Small Loan Business License, or relevant approval do...
Rely on M&T for your small business loan needs. We’re dedicated to providing lending solutions that help our customers and their communities grow and thrive.
The SBA 7(a) loan program is one of the most popular, offering up to $5 million in funding. The SBA 504 loan program funds land, manufacturing facilities, and equipment investments. The 7(a) Working Capital Pilot Program serves businesses at least 12 months old. The SBA microloan program...
Rely on M&T for your small business loan needs. We’re dedicated to providing lending solutions that help our customers and their communities grow and thrive.
Equipment financing is a type of business loan or lease specifically designed to help businesses acquire necessary equipment and machinery. This type of financing covers a wide range of business necessities, from manufacturing machinery and vehicles tocomputersand software. The equipment itself often serv...
Small business loans for startups A small business loan is a type of financing offered by banks, credit unions, or online lenders to provide startups with additional cash flow to get off the ground. Whether you’re hoping to improve day-to-day operations, ramp up your marketing, or stock...
Loan Options for Serious Startups Banks are generally wary of lending to individuals and new businesses that haven't proven themselves in the marketplace. However, there are loans out there for startups, notably the ones backed by the U.S. Small Business Administration (SBA). Here's what ...