A business plan is a document that lays out a company’s strategy and, in some cases, how a business owner plans to use loan funds, investments and capital. It demonstrates that a business is ...

A business plan is considered a useful tool and a needed part of applying for an SBA loan or other traditional term loan from a bank or credit union.

Not all lenders require a business plan – some online lenders, for instance, don't – but if you want a business loan, virtually every traditional lender will want to see that you have a ...

Business Plan: Anyone looking to secure a small business bank loan should have a business plan. The document provides a detailed explanation of what the business is and where the owner hopes to ...

Business loans from family and friends can help finance your business when other options are not available, but they have some notable disadvantages.

What Is an SBA Loan? The U.S. Small Business Administration backs loans made to small businesses by commercial lenders, such as banks and credit unions.

In these cases, a business plan and a personal resume are required. Business loans are available through commercial banks or Small Business Administration (SBA) resources.

Need funding for your new venture? Here's how to get a startup business loan with no money, plus tips for improving your chances.

Getting a small business loan after bankruptcy can be challenging, but there are steps you can take to improve your approval odds.