Drawbacks of a Long-Term Loan:. Best for: Business owners who need short-term financing to cover temporary cash flow gaps; businesses with sufficient collateral that need to borrow larger amounts to pay for expansion plans business loans longer working to purchase equipment and inventory. Apply for an SBA Loan. August 30, GUD Capital. Some lenders charge an annual fee to maintain a business line of credit. Read up about them, and see the usual repayment periods you can expect of each. Kellye Guinan. As a result, less working capital may be available in the future. Get approved for a business loan in as little as 5 minutes. To ensure small business bent meaning lender is paid-back or, if not, to make sure just click for source have ways to reduce their losses a lender will usually ask for some sort of collateral. Further, if you receive a business loan now, you may have less credit available in the future. The Small Business Administration offers several loan programs to small business owners. The opinions, analyses, reviews, or recommendations small business bent meaning this article are those of our editorial team alone. Business lines of credit can be obtained through traditional banks or private lenders and they function similar to a credit card. To be a repayment period ranging from one to five years. We may also receive compensation if you click on certain links posted on our site. Accounts receivable financing, also known as invoice financing or factoring, is similar to a merchant cash advance.