Business Loans 101: What is a Business Loan?
Managing Director + Co-Founder
Business loans come in all shapes and sizes, and are built for companies like yours that may need a little support when it comes to cash flow. At Aurora Capital, we can provide access to various types of business loans and help you decide which is most valuable to you as a business.
Dive into this quick guide for an overview of the business loan options you have, and find out how to start the application process.
What is a Business Loan?
A business loan, in its simplest form, is a sum of money offered to a business. The lender and the business will agree specific repayment terms and interest rates before the business has full access to the funds.
In most cases, a business loan can be used for anything related to that business, but certain loans have more restrictions. We have supported businesses that have needed funds to start new projects, pay outstanding bills, hire new staff, purchase new equipment and much more. Whatever your business needs, there is likely a loan to help you get it.
Read our Ultimate Guide to Business Loans here.
Business Loans at Aurora Capital
At Aurora Capital, our clever platform matches you with your ideal lender, no matter which type of business loan you choose. We offer plenty of useful guidance across the different kinds of loan, including the specific repayment terms, who can apply and the maximum amount you can borrow. Click through to each individual loan page to find out more and decide which is right for you.
- Unsecured Loans
- Secured Loans
- Asset Finance
- Merchant Cash Advance
- Revolving Credit
- Invoice Finance
- Bridging Loans
Please get in touch with us directly if you would like information about any of the above loans, or indeed Trade Finance, VAT loans and Tax Loans. We will be happy to support you in making the right decision for your business.
Applying for any business loan with Aurora Capital can be done in minutes. If you know which loan is best suited to you, you can apply online right now, and our decision engine will match you with an ideal lender depending on your requirements. From there, you can begin discussions with the lender and have the funds in your account within days.
Visit our Knowledge Hub for more information about business loans, how to apply and more!
Table of contents
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Not sure what type of business funding is right for your company?
Aurora Capital is here to help. Navigate our range of alternative funding options to find out more.