Financing you feel is right

Learn more about the types of financing you are interested in.

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Published: July 01, 2008
Updated: February 26, 2016

Not all financing options are created equal. The type of business financing you need depends on the stage of your business and how much financing you need. Consider the following options:

1. Need a way to pay for everyday business expenses?

The Wells Fargo Business Platinum Credit Card is a smart and convenient alternative to cash, checks and personal credit cards. With no annual fee and an interest-free grace period of at least 21 days on purchases, it's the ideal way to pay for everyday business expenses.

"The type of business financing you need depends on the stage of your business and how much financing you need."

2. Need a little something to grow on?

Consider a Wells Fargo Business Line of Credit, which provides fast, easy access to cash up to $100,000 to help you supplement cash flow for business expansion or unexpected opportunities. This is best for short-term working capital, seasonal purchases, inventory, payroll, and other cash flow needs. The Wells Fargo Small Business Advantage® Line of Credit may be a great credit option for newer or young businesses.

3. Need cash to expand?

If you want to seize business opportunities and are looking for predictable repayment terms, consider the Wells Fargo BusinessLoan® term loan, which offers between $10,000 and $100,000 in credit. Fixed rates are based on the term length and your business and personal credit history. Collateral is not needed for this unsecured 2-, 3-, 4- or 5-year term loan.

4. Need a vehicle or equipment?

If you are in the market for vehicles, manufacturing/production machinery, trailers, tractors, or other equipment, consider an Equipment Express® loan, which offers $10,000 to $100,000 in credit and competitive fixed interest rates for the purchase of new and used business equipment and vehicles without any application fee or prepayment penalties.

5. Need up to $750,000 in real estate secured financing?

If you want to purchase or refinance your commercial or investment property, a Purchase, Refinance or Equity Loan offers amortization terms up to 25 years that could lower your monthly payments. If you're looking for a line of credit at a low cost that you can use for most business needs, i.e., inventory, cyclical business expenses — use your commercial or investment property to get a Commercial Equity Line of Credit. 

6. Need a loan with easier terms than a conventional bank loan?

If you're looking to buy real estate, acquire a new business, purchase equipment, or expand to another location, and would like a longer repayment period or lower down payments than a conventional loan, ask your lender if you are eligible for a U.S. Small Business Administration (SBA) loan. Thousands of small businesses take advantage of the great terms offered by loan programs of the SBA, which guarantees a portion of the loans made by lenders for qualified businesses. Wells Fargo is a national SBA preferred lender and offers both the SBA 7(a) and SBA 504 business term loans, as well as the SBAExpress line of credit or loan. 

Five healthy credit practices

1. Separate your business and personal finances.

2. Keep your business and personal credit clean, review your business, and personal credit reports annually.

3. Maintain positive cash flow.

4. Develop a banking relationship.

5. Build a strong business credit profile.