When it comes to small business lending, there are a few options available. In this blog post, we'll outline the four most popular types of small business lending products: merchant cash advance, business term loan, SBA loan, and business equipment finance.

Merchant Cash Advance: A merchant cash advance is a type of funding that is based on your future credit card sales. The benefit of this type of funding is that it's easy to qualify for and you can get the money you need quickly. The downside is that it can be expensive; rates can be as high as 20-30%.

Business Term Loan: A business term loan is a lump sum of money that you borrow and then pay back over a period of time, usually 2-5 years. The benefit of a business term loan is that the interest rate is usually fixed, so you know exactly how much you'll need to pay each month. The downside is that it can be difficult to qualify for a business term loan if you don't have a strong credit score.

SBA Loan: An SBA loan is a loan that is partially guaranteed by the Small Business Administration. The benefit of an SBA loan is that it has low interest rates and flexible repayment terms. The downside is that it can be difficult to qualify for an SBA loan; you typically need to have a strong credit history and a solid business plan. There is another SBA program - SBA Express which provides financing up to $350,000 

Business Equipment Finance: Business equipment finance is a type of financing that allows you to purchase new equipment for your business. The benefit of this type of financing is that it's easy to qualify for and you don't have to put any money down. The downside is that the interest rates can be high and you may need to make a balloon payment at the end of the term.

There are a few different options available when it comes to small business lending products. In this blog post, we've outlined four of the most popular options: merchant cash advance, business term loan, SBA loan, and business equipment finance. Each option has its own set of benefits and drawbacks, so be sure to do your research before deciding which product is right for your business.