As you look at funding options for your small business, you’ll likely see two repayment structures. One structure might require you to repay what you’ve borrowed in monthly installments. The other structure might let you pay things back on your own terms. You might also see the latter category referred to with words other than “loan,” making you wonder: Is a small business loan installment or revolving?
Try A business Financing Payment or Revolving?
Small business finance shall be possibly repayment otherwise rotating. SBA 7(a) loans, eg, are cost financing, whereas team credit lines is rotating.