If your new small business needs a short-term, low-interest infusion of funds, a microloan could be exactly what you’re looking for.
Microloans can help small businesses launch and grow through small-dollar lending.
Though they’re generally considered a great way to build a credit file for your business, very few lenders in the U.S. offer microloans.
Unlike some business loans, microloans can be used for a wide range of items or needs.