5 Easy Ways To Make Extra Rent Money

Published on: 23 January 2024 Last Updated on: 09 February 2026
Easy Ways To Make Extra Rent Money

Times are tough. With inflation and the cost of groceries on the rise, many Americans are feeling deflated when a quick trip to the grocery store for a few basic items can cost upwards of $75. With the cost of goods, utilities, and services on the rise, this puts many people in the increasingly difficult position of struggling to make ends meet with non-negotiable expenses. People need a place to live, and your monthly rent expense is arguably the most important debit coming out of your account. However, more and more people are finding the rising cost of rent impossible to keep up with.

According to the U.S. Bureau of Labor Statistics, in recent years, the cost of rent has accelerated for both new tenants and returning tenants. Furthermore, new data from the Census Bureau found that more than half of all renter households have reported struggling to make ends meet and pay their monthly rent. If you feel like you can’t handle your rent or even groceries, you are not alone. Many people are in your shoes and are likely searching for easy ways to make extra rent money.

If you need a simple way to pad your wallet, keep reading for some tips and tricks that can help to give you some breathing room with your rent.

Utilize Your Space

Make Extra Rent Money by utilizing your space

One way to earn extra rent money is to get smart with the space that you already have! Simply stated, housing costs are more affordable when they are split in half. If you have an extra room, consider advertising your spare room on a roommate search site like Roomster or RoomMatch. You can set your preferences and requirements when searching for a roommate, such as age, gender, life habits, and other personal preferences.

Both sites have a background check option, where you can ask a person you are considering moving in with to complete a basic background check. Remember to keep safety in mind, and make sure you meet up with any potential roommates in a public space. It is also wise to never send any money electronically without first seeing a property in person.

Rent Out Storage

As the saying goes, one man’s trash is another man’s treasure. If you are uncomfortable taking on an additional person in your living space, perhaps you would feel more comfortable taking on some inanimate objects. If you have a garage, attic, or other space where you can safely store belongings, many people will pay for a safe and secure place to store their extra belongings.

Rent Your Parking Space

Rent Your Parking Space

If you have a parking space included in your rental, this is something else you can capitalize on! Your rental spot could mean extra cash in your pocket! This is an option to consider if you are in a situation where either you do not have a car, or you work remotely and don’t drive often.

Platforms such as SpotHero allow you to list your parking spot for rent. Rental options include short-term rentals for an event or a weekend or even long-term rentals. Just make sure you check your lease and make sure no language in your rental agreement prohibits this!

Become A Driver

If you do indeed use your car often and enjoy driving – you could make money on your daily commute! By driving for Uber or Lyft, you can earn extra cash and design a flexible work schedule that meets your personal preferences. If driving people is not your style, platforms such as Uber Eats or DoorDash are always in need of drivers, and you don’t need to make small talk with takeout!

Remote Work

Remote Work

Let your skills or creativity unlock extra cash! Are you a talented artist, writer, or graphic designer? Take advantage of this skill set! Advertise your work on a platform such as Etsy or eBay. Personalized gifts are trending – especially around the holiday season – and people will pay to have you create personalized items or designs! If creativity is not your strong suit – consider online or remote work.

Companies will often hire workers for tasks such as data entry or freelance writing. With these types of jobs, you can create your own work schedule and work from the comfort of your own home!

If you are looking for ways to make extra rent money, there are options available to you that require minimal disruption to your life! As the cost of living continues to skyrocket, these savvy tips can help you earn extra income to put towards your rent and provide you with a safety net of cash. If you’re still coming up short after following these tips, or these aren’t good options for you, contact LoanMart to learn about short-term options to get you through. Personal finance skills can only get you so far with the rising costs of living in recent years, so keep your options open.

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Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.

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Achieving Financial Freedom as a Millennial

Achieving Financial Freedom As A Millennial Is Easier Than You Think

People often say that financial freedom is hard to achieve when you are a millennial. Though it can be true for the most part, it all lies in your mindset and how you control yourself. Achieving financial freedom is as easy as turning the tables to something positive. And if you’re a struggling millennial who is stuck in this dilemma, this is the change you have been looking for. Are you ready to take on the challenge to achieve that financial freedom breakthrough? Seeing you here in this article is already a good sign. Read on! Your Goals Matter: Setting goals is the first step in achieving financial freedom and everything will then follow after. By having goals, you will be able to control and discipline yourself when it comes to handling finances. And this not only affects your finances but also how you deal with life overall as well. This includes your relationship with the people around you, traits, and behavior. Settings goals mean doing yourself a favor in stepping up to greater heights financially and mentally. Overspending Is Your Enemy: Sometimes, we are all so glued to our wallet that leads to overspending. And the moment we are bombarded with bills, we have nothing left in our hands. That’s why you should always be careful when spending on things. This is where self-control comes into play. We know it can be tempting to get that latest gadget that’s trending on the internet. But is it a good investment worth paying for? Or you just want to buy it so you can keep up with the trend? So take time to reflect before adding it to your cart. Quality is King: This section is a continuation of the one discussed above. Because when you opt for quality products, you will be assured that they will last for years. Thus, saving you cash from buying another one. That’s why it’s important to buy legit and authentic items when you go shopping. And this can apply to anything, be it for work, personal use, or for your passion. If you are more into filming, it’s essential to see your work in all its glory. And for that, choose a LED screen manufacturer that you can trust. Love photography? Buy your camera from a trusted brand that is already known by many. Whatever that might be, always choose quality over anything. Sometimes, companies love to sway customers with flowery words through the power of marketing. But before you get carried away by these promises, check the quality first and your wallet will thank you later. Stick To Your Budget: If you are a working millennial, it’s best to stick to your budget based on your salary. There’s no use eating in fancy restaurants or buying expensive things if your payroll won’t even last for a week. That’s why the importance of your budget should never be overlooked. Don’t worry if your salary is not so big for now. Because you will eventually have a bulky wallet in no time as long as you work hard for it. One effective way to control your budget is by making a list of things or stuff you are going to spend with your money. And of course, don’t forget to save some cash for your emergency fund too. Life troubles are just around the corner. That’s why it’s better to have extra money that we can grab in times of need. Invest As Early As Now: Start investing in things that will make your money grow while you are still young. Should you want to try businesses such as stock trading, or marketing, then go for it! Just make sure that the one you will be joining is not a scam. Having trouble? There are myriads of guides and mentoring courses that you can find online that talk about investing. The best way to grow your money at such an early age is doable by the power of an investment. Take the Leap of Faith: Sometimes, the only enemy that is stopping us is ourselves. Maybe there are a lot of financial doors for opportunities in front of you. But instead, you choose to close them because you think that you can’t make it. But have you ever thought that opportunity might be the one you’ve been waiting for? We never know, maybe that is finally the financial breakthrough that can give you financial freedom. So don’t be afraid to take the leap of faith even if how treacherous the path can be. Become a person that is teachable to such possibilities when it comes to finances. Opportunities come and go, so it’s better to grab some of them before it’s too late. You will look back one day and thank yourself for finally taking the next step. Conclusion: Some say financial freedom is not a walk in the park if you are a millennial. But by following these pointers above, you will be surprised how far your wallet will take you someday. It’s going to be one hell of a climb, but the journey will be worth every effort you have exerted for it. So don’t give up just because things didn’t go your way financially. But instead, be a person who is willing to change and explore new heights to achieve financial freedom. So what are you waiting for? There is no better time to hunt for financial greatness than today. Read Also: 5 Proven Ways to Reduce Your Home Insurance Rates Features To Ensure Success Of Your Money Saving Service Does Equipment Rental Really Result in Savings? The Vital Components of Thriving in the Gig Economy

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Small Business Loans

Best Small Business Loans To Look Into In 2024– Are You Eligible For The Loan?

Planning to investigate some small business loans? What are the best options out there? Most importantly, how can these loan options help you? Contrary to popular belief, it is more complex than filling out a form and getting your loan approved. That too from the very first source! There is eligibility, which you must fulfill from your end, and criteria that the small business loan providers must ensure. These are subjective to individuals and the business they are trying to build. For example, which provider should you go for when you need a quick loan of a larger or smaller amount? So, without any further ado, let’s get into the blog post What Are Small Business Loans? What are exactly small business loans? The criteria? Is it different than other forms of business loans? Small business loans are classified under money lending for commercial purposes Like any other business loan. There are several reasons why you would consider lending. Do not worry if it is for operational expenses and you fall short! Not everyone accesses such loans just for their initial business investment or to extend their business to new grounds. In fact, it is common for people to underestimate their expenditure margin when they are starting their business. In fact, in 2020, 56% of all small business loans were to manage operational costs. While only 31% of loans were for expansion opportunities.1  The Best Small Business Loans Here are the best small business loans to investigate: 1. SBA 7(a) Loan LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of Acceptance SBA 7(a) Loan680+Two years$100,000+$5 million5-10 business days  This government-backed loan program offers competitive rates and long terms for various needs. Pros: Low interest rates Long repayment terms Cons: Lengthy application process Strict qualification criteria 2. Kabbage Business Line Of Credit LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceKabbage Business Line of Credit640+1 year$50,000+$250,000 Same day  This is a revolving line of credit with a quick application process for managing cash flow. Pros: Fast funding Flexible access to funds Cons: High APR      Limited revolving credit line (although that is how they advertise). 3. OnDeck Term Loan LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceOnDeck Term Loan600+1 year$100,000+$250,000 24 hours  This loan offers short-term loans with quick approval, which is ideal for fast access to capital. Pros Fast Funding Discounts for repeat customers Cons High interest rates Frequent repayments 4. BlueVine Business Line Of Credit LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceBlueVine Business Line of Credit600+Six months$100,000+$250,000 24-72 hours  Flexible line of credit with fast approval, useful for managing cash flow. Pros Quick funding No early repayment fees. Cons Higher rates for lower credit scores. Limited to revolving credit. 5. Fundbox Line Of Credit LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceFundbox Line of Credit600+Six months$50,000+$150,000 As fast as the next business day It provides a simple, quick line of credit ideal for immediate cash flow needs. Pros Easy qualification Quick access to funds Cons Lower Loan Amounts Shorter Repayment terms 6. Lendio Loan Marketplace LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceLendio Loan Marketplace550+Six months$50,000+$5 million On the loan amount  This type of loan is a great help to small business owners. Rather than just one loan, this is a marketplace that connects businesses with multiple lenders for various loan types. Pros Wide range of loan options. Easy comparison of the offer. Cons Can receive multiple calls from lenders, which can be irritating. Not all lenders have favorable terms. 7. American Express Business Loan LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceAmerican Express Business Loan660+1 yearNot specified$50,000 3-5 days  This fixed-rate loan is available only to pre-approved American Express Business Card members. Pros Fixed rates No origination fee Cons Only available to pre-approved members. Relatively small maximum loan amount. Therefore, if you plan to get a small business loan in the foreseeable future, getting an American Express Business Card is better. 8. Accion Opportunity Fund LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceAccion Opportunity Fund550+1 yearNot specified$250,000 1-3 weeks  Offers loans to underserved small business owners, including minorities and women. Pros Focus on underserved businesses. Personalized support Cons Longer approval process. It may have a higher interest rate. 9. Credibly Small Business Loan LoanCredit ScoreMinimum YearsMinimum Revenue (Yearly)Maximum Loan AmountTime of AcceptanceCredibly Small Business Loan500+Six months$15,000/month$400,000 24-48 hours (about two days)  Provides working capital loans and merchant cash advances with flexible terms. Pros Fast funding Flexible repayment options Cons Higher cost of financing. Frequent repayments Small Business Loans With Separate Criterions Now, we will be delving into the different criteria and which small business loan provider would be best! 1. Startup Needing Initial Capital "I just started my business and need funds to get it. What are my options?" Best Loan: Fundera by NerdWallet Offers access to multiple loan options, including startup loans, even with lower credit scores and minimal business history. 2. Expanding An Established Business "I’ve been in business for two years and want to expand. What loan should I consider?" Best Loan: SBA 7(a) Loan Ideal for established businesses needing significant funding for expansion, with favorable terms and interest rates. 3. Need For Quick Cash Flow Solutions "I need quick access to cash to manage cash flow. What’s the fastest option?" Best Loan: Kabbage Business Line of Credit Offers quick application and approval processes, with funds available on the same day for urgent cash flow needs. 4. Managing Seasonal Inventory And Expenses "My business is seasonal, and I need funds to purchase inventory before the busy season. What loan fits this need?" Best Loan: OnDeck Term Loan It provides short-term loans with quick funding, ideal for managing seasonal inventory purchases and expenses. 5. New Business Owner With Limited Credit "I have a low credit score and a new business. Are there any loan options available for me?" Best Loan: Credibly Small Business Loan Accepts lower credit scores and offers working capital loans, making it accessible to newer businesses with limited credit. 6. Needing A Flexible Line Of Credit "I want a flexible financing option. This is to cover unexpected expenses as they arise. What should I look for?" Best Loan: BlueVine Business Line of Credit It offers a flexible line of credit with fast approval. Plus, it is suitable for covering unexpected expenses. 7. Seeking Low Interest Rates And Long Terms "I’m looking for a loan with low interest rates and long repayment terms. What’s the best choice?" Best Loan: SBA 7(a) Loan It is known for its low interest rates and long repayment terms. Therefore, it is ideal for businesses seeking cost-effective funding. 8. Socially Responsible Business Owner "I want to support a loan provider that helps underserved communities. What are my options?" Best Loan: Accion Opportunity Fund Focuses on providing loans to underserved small business owners. In fact, it also includes minorities and women, with personalized support. 9. Looking For A Fast And Easy Application Process "I need a loan. However, I don't want to go through a long application process. Which loan is easy to apply for?" Best Loan: Fundbox Line of Credit Offers a simple, quick application process with funds available before the next business day. 10. Needing A Small, Short-Term Loan "I need a small amount of money quickly for a short-term need. What’s the best option?" Best Loan: American Express Business Loan It provides small, fixed-rate loans with a quick approval process, which is ideal for short-term financial needs. Related: How To Use An SBA Loan For Business Purchase Eligibility For Small Business Loans You might find the best loan provider. However, when it comes to eligibility, rejection can be common.  Regarding personal loans, good mortgage lending (a property that you place as collateral when taking the loan) makes loan acceptance easier. However, when it comes to business loans, the rules are a little different. The loan lender (bank or private) must closely investigate your business expenditure, cash flow, and profit margin. If you do not have a steady personal and business credit score (unless you are building your business from scratch, in which case the rules will be different), getting your small business loan approved can be challenging. Do not worry; this is not to scare you. However, ensure you take the time to investigate your and improve financial health. Here are some of the absolute eligibilities when it comes to small business loans. 1. Your Business Needs To Be Nonprofit Unfortunately, you cannot have a nonprofit organization and demand a small business loan. Your business must be making some profit through a steady income. 2. A Lucrative Business Idea, Aka The Cash-Flow Since business loans do not depend on collateral submission, lenders are mostly concerned about the business idea. Most importantly, is there a demand for such business in the market? Will there be enough opportunities to build a steady cash flow? Is there any stock market share for businesses with the same ideation? The loan they offer you will depend on the potential profit you can make from that base. Plus, it must be backed by solid data. 3. Your Credit Score Although we have already mentioned the credit score for each loan provider, you need to be serious about your creditworthiness. Any loan provider will scrutinize your personal and business credit score. Any suspicious activity (including something as simple as an unpaid credit card bill) can put you under the radar. Eventually, it does not make you a good candidate for a loan. In other cases, your business credit score also plays a crucial role. What is your total business income? Is it holistic with your business expenditure? What is your business credit card transaction history? Are you able to balance your bills alongside your monthly operational costs? ...and many more. You must submit all your financial documents, especially if you are planning to expand through different business locations and real estate. How your business funds are handled becomes crucial in such a case. Secured & Unsecured Loan Starting a business? Want a small business loan? Then, you should understand the importance of collateral in such a business. Most importantly, do you even need to submit collateral to get your loan sanctioned? Secure business loans will charge you some collateral (cash money, real estate property, gold bonds, etc.). Meanwhile, unsecured loans do not charge any collateral. Which is better as Small Business Loans As someone just starting a business, I know the advantages/disadvantages of both kinds of loans will depend on your criteria and loan amount. So, let’s discuss the overall pros and cons of both! Secured Loans Let’s begin with the kind of loans that require collateral. Pros ConsLower Interest RatesLonger Approval RatesHigher Loan Amounts (because of the collateral)Risk of Losing AssetLonger Repayment Period (you can elongate your loan repayment term for two decades)Not everything can be collateral. It, after, depends on the bank. Unsecured Loans Now, let’s talk about loans without collateral. ProsConsYou Need No CollateralAutomatically, the maximum loan amount is less.Quick Loan ApprovalHigher Interest RatesFlexible for all types of loansThe repayment period is a short When Should You Get What? For the ease of your own understanding, here is when you should get what! Secured Loans Might Be Better If You need a larger loan amount. Can provide valuable collateral. You want lower interest rates and longer repayment terms. If your business has significant assets that can be used as collateral. Unsecured Loans Might Be Better If You do not have assets to offer as collateral. Need funds quickly. You prefer not to risk losing business or personal assets. The business needs a smaller loan amount. You can check the listicle above for a good idea of which secure/unsecured small business loans would be better for you. Types Of Small Business Loans These are the types of small business loans which you should investigate: Term Loans: You borrow a set amount and pay it back over time with fixed payments. SBA Loans: The government backs these loans, giving you good terms for your business. Business Lines of Credit: You get access to a credit line like a credit card. Invoice Financing: You can get cash based on your unpaid invoices. Equipment Loans: This loan helps you buy business equipment. Merchant Cash Advances: You get an advance on your future credit card sales. Microloans: These small loans are often given by nonprofits to help you start. Commercial Real Estate Loans: Use these loans to buy or fix up your business property. Personal Loans for Business: You can use your personal credit for business needs. Franchise Loans: These loans help you start or grow a franchise business. The Final Note! The choice between a secured and an unsecured small business loan ultimately depends on your specific needs and circumstances. a secured loan might be more suitable If you have valuable assets and prefer lower interest rates. On the other hand, if you need quick access to funds and prefer not to put up collateral, an unsecured loan could be the better option. Always consider the terms and conditions carefully and consult a financial advisor to make the best decision for your business. Things to remember before you get a small business loan: Have a solid, chalked-out plan for how you will repay it. You wouldn’t want to lose your collateral. Do not take hasty loans because you have fulfilled a business milestone. Remember, a loan is not a temporary fix; it is a debt for years to come. Therefore, be careful before sanctioning a loan. Finally, be candid about your financial decision. Keeping it discreet to get a quicker loan approval will only cause you trouble later. What do you think? Should getting a small business loan come after so many considerations, or should it be a little easier? Do let us know in the comment section below! Read Also: Core Banking Solutions: A Game Changer? Alternative Business Financing – What Is It And How Do You Do It? Ways To Apply For A Personal Loan & The Reasons To Opt For This Loan.

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SBA Loan

How To Use An SBA Loan For Business Purchase

Financing is crucial for prospective small business owners. Personal loans that are made for companies usually have high-interest rates.  Small businesses acquire SBA loans from banks as well as credit unions. Such an economic government financing approach ensures loans to an amount of $5 million for small company owners. Small enterprises may get loans with government guarantees.  Such kinds of bank loans are, therefore, SBA-approved, and lenders get applications. Moreover, the bank receives payments. SBA will cover losses up to 85% if the borrower fails. The safety net it provides reduces small company owners' risk, promoting low-interest lending.  For any buyer, defaulting is awful, too. The buyer community at Beacon provides educational materials, deal-assessing tools, and industry experts and entrepreneurs to assist consumers in making wise purchases. What Is An SBA Loan? The U.S. Administration of Small Businesses supports the SBA loan. It stands for small business administration loans that allow multiple financial enterprises to offer business loans that have higher flexibility than traditional loans. Since the government backs these loans, banks are encouraged to lend financial help to enterprises that might not be able to function otherwise.  Lenders get the opportunity to offer business loans with fewer down payments and lower stringent credit standards. The repayment terms on these loans are usually longer and might extend up to 10-25 years in various circumstances. In the later section of the article, let’s discuss the eligibility criteria for an SBA loan.  Can I Acquire A Company With An SBA Loan? The answer is yes! Acquisition loans from the SBA may be utilized for working capital, debt refinancing,  real estate purchases, equipment acquisitions, and company purchases, including franchises. How Can I Get This Loan? Four easy stages comprise the application procedure of SBA. Look for a lender  Select your loan type.  Prepare documents  Send your application. Guaranteed Loan Program For SBA The 7(a) secured loan program is the primary one offered by the SBA. However, it does have additional lending programs. Monthly payments are required for loans up to $25,000 to $5,000,000.  Here is a brief idea of the maturity rates:  25 years in the realty sector 10 years dedicated to gear Inventory or working capital loan for 10 years Several simplified and guaranteed SBA 7(a) loans are available to small company entrepreneurs who need to finance quickly.  Preferred Lender Program or PLP– A limited collection of loan lenders may independently approve SBA loans. They function like 7(a) guaranteed loans and are confirmed by the SBA within 24 hours of the request. BA Express Loan Program – Like PLP, SBA Express Loan Program lenders have the power of unilateral credit approval. However, SBA Express loans are only guaranteed up to almost 50%. Our service makes it simpler and quicker for every lender to lend $350,000 or less. Typically, the SBA guarantees these loans not more than 24 hours after the request is raised.  SBA Veterans Benefit— The SBA Express Loan generally waives a 0.52% guaranty fee for small businesses both operated and owned by veterans. But that’s not all! They might also belong to National Guard members, their spouses, widowed spouses of service members, active-duty military in TAP, reservists, or veterans who got killed during service, or service-connected disabilities.  SBA Collateral Necessities The SBA requires borrowers to pledge all corporate assets as security, and liens made for personal assets might be needed to secure the loan. This usually involves residential real estate liens. If adequate collateral is unavailable, the borrower's loan qualifying will not be affected. This is one of the reasons why you may be denied. Learn more about why was my SBA loan declined. SBA Guarantor Needs One guarantor is required for every SBA loan. Individuals with 20% or greater firm ownership must furnish an infinite guarantee. One owner must furnish a complete, unconditional assurance if no one owns 20% of the firm or more than that. If the stakeholder's spouse owns either 20% or more of the firm, both partners must furnish a complete, unconditional guarantee. How Long Is SBA Loan Approval And Closing? Since a large amount of paperwork is involved, the SBA loan might take 60 to even 90 days to finalize.  You may use the Express Loan to have the loan authorized and closed swiftly. SBA promises that this loan will be authorized or denied within a time period of 36 hours. However, paperwork and lender timelines might take 30–60 days.  Related: How A Business Loan Helps Business People In 2023 SBA Loan Drawbacks  Many small company entrepreneurs use the SBA for funding, but it has drawbacks.  Businesses in these industries cannot borrow from SBA.  Investment, gambling, speculation, loan packaging, lending, and multi-sales distribution Real estate investment companies  Rare artifact dealers  Sales pyramids  Religious, charitable, or non-profit organizations.  SBA doesn't allow complicated earn-outs.  SBA loans restrict owners to transfer to one year after closing.  Are There Alternatives To SBA 7(a) Loans For Company Acquisition? A standard small company or personal loan is available, but an SBA 7(a) loan is government-backed and given by banks and credit unions. Rather than lending, the SBA insures these loans against default. Apart from SBA 7 (A) Loans, small businesses can also opt for the following alternatives: SBA Express Loan: The express loan is usually used for working and equipment capital. They are ideal in situations where a small business needs working capital, money for equipment positioning, refinancing, etc, and are generally for a longer period of time.  SBA 504 Loans: The 504 loans are generally used for commercial real estate financing and even for purchasing existing buildings. These are usually of two types- one that you get directly from the lender and another from a CDC or a Certified Development Company.  The Bottom Line: Is SBA 7(A) Loan Worth Applying For?  For budding enterprises that want money to establish their firm, SBA loans are absolutely worth it. This article has successfully covered all the important information related to the loan application and its eligibility. So, thank you for reading and if there’s something you would like to add, simply comment below.  Read Also: How To Secure Your Dream Home With A VA Loan Ways To Apply For A Personal Loan & The Reasons To Opt For This Loan. Steps For Getting The Best Car Loan

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