Lending Deep Dive
A plain-language guide to how small business lending actually works.
Types of Lenders
Community development financial institutions, mission-driven nonprofits, credit unions, community banks, and specialty funds each serve different borrowers. Loan Bound focuses on lenders built to say yes to small businesses.
Loan Products
Term loans, lines of credit, microloans, equipment financing, real estate loans, and working capital each solve a different problem. Matching the product to the need is the first step to approval.
What Lenders Evaluate
Time in business, revenue, credit profile, industry, collateral, and geography. Most programs publish hard eligibility rules — those rules are exactly what our matching engine filters on.
Reading the Terms
Look past the headline rate: check the term length, amortization, fees, prepayment terms, and personal guarantee requirements before you commit.
Preparing to Apply
Have two years of tax returns, recent financial statements, a bank statement history, and a short use-of-funds summary ready. Prepared borrowers close faster.