Government-backed loans from third-party lenders for small businesses (from the U.S. Small Business Administration, or SBA).

SBA-approved lenders can connect startups with SBA 7(a) loans, 504 loans, and microloans, which provide funding for different types of small businesses for varying purposes.

A loan from a bank, credit union, or other financial institution or individual that specifies a repayment schedule, interest rate, and other terms (business loans may include additional stipulations as compared to personal loans).

Funding startup costs and long-term business goals.