These are the most common questions business owners ask about business funding. Every answer is based on our experience working with growth-stage companies doing $1M to $50M in revenue.
Frequently Asked Questions
What are the best funding options for small businesses?
The best funding options depend on your stage and needs. SBA loans offer the lowest rates (6-10%) for established businesses with $500K+ revenue. Revenue-based financing provides non-dilutive capital repaid as a percentage of revenue. Angel investors and VCs offer equity financing for high-growth startups. Equipment financing is available for capital-intensive businesses. Lines of credit provide flexible working capital.
How do I qualify for an SBA loan?
SBA loan requirements include: 2+ years in business, $100K+ annual revenue, 680+ credit score, positive cash flow, and a clear use of funds. SBA 7(a) loans go up to $5M for working capital and expansion. SBA 504 loans go up to $5.5M for real estate and equipment. The application process takes 30-90 days depending on the lender.
What is revenue-based financing?
Revenue-based financing (RBF) provides growth capital in exchange for a percentage of future revenue until a predetermined amount is repaid (typically 1.3-2x the original amount). RBF is non-dilutive (no equity given up), has no fixed monthly payments (payments flex with revenue), and typically funds in 2-4 weeks. It is ideal for businesses with $50K+ monthly revenue and strong unit economics.
How much funding can I get for my business?
Funding amounts depend on the source. SBA loans: up to $5M. Bank lines of credit: typically 10-20% of annual revenue. Revenue-based financing: 1-3 months of revenue. Venture capital: depends on valuation and stage. Equipment financing: up to 100% of equipment cost. The right amount is the minimum needed to hit your next milestone with 6+ months of runway.
Get a Free Growth Assessment
Tell us about your business and we will send you an honest evaluation within 48 hours. No cost. No obligation.