According to Chron, the major advantages of a bank loan are stability and autonomy if the borrower is a small business. This source explains that banks lend money without taking ownership in the enterprise for which the ... More »

The pros of private loans versus standard loans from financial institutions include minimal paperwork, no requirement for collateral, lower interest rates, no credit check and flexible terms. In many cases, relatives, fr... More » Business & Finance Credit & Lending Personal Loans

US Equity Advantage, or USEA, does not offer loans but aims to help borrowers pay their debts quickly through AutoPayPlus, which is a financial management service involving automatic payments, finance tools and credit tr... More » Business & Finance Credit & Lending Personal Loans

A borrower can obtain a bank loan when he meets the bank’s lending criteria. This is determined during an application process where the borrower provides information related to his credit history, credit score, current e... More » Business & Finance Credit & Lending

As of 2015, PNC bank loan holders are able to pay off their bank loan through a variety of methods, including through online bill pay and electronic funds transfers. Loan holders can also opt to use PNC's SpeedPay option... More » Business & Finance Personal Banking

As of 2015, the average interest rate for a commercial loan for a small business is usually between 6 and 8 percent. Loans under $100,000 tend to have a lower interest rate, while those for more than $100,000 have higher... More » Business & Finance Credit & Lending

To get a small business loan, first identify the best lender for the business. This may be a bank, the Small Business Association, peer to peer lenders or crowdfunding sites. More »