Small business loans are perfect for funding purchases that are necessary to begin generating profit. That means business loans can be used for virtually anything, and those uses will vary wildly depending on the market one's industry is in. Some of the more popular uses for business loans include the following: Equipment.Do credit unions offer business loans?
Small business owners may have a lot to gain by utilizing the services of a credit union. Compared to banks, credit unions offer lower rates on business loans, faster loan approval, better returns on savings accounts, free financial education, and more.