For entrepreneurs, major U.S. banks  offer core lending products to fund growth. The main options are Business Term Loans for one-time investments and Business Lines of Credit for flexible, ongoing working capital needs.

Interest rates are heavily influenced by the Prime Rate (currently 7.25%). For lines of credit, expect rates of Prime + 2% to 10% (approx. 9.25% – 17.25% APR). Term loans can have fixed rates starting around 6.5% for highly qualified borrowers.

SBA Loans, offered by most banks, are a key option for startups or smaller businesses, featuring competitive, government-backed rates and longer terms, though they require a strong personal credit score (often 680+).

Generally, traditional bank loans require a minimum of two years in business and strong revenue. While offering some of the best rates, banks are less accessible for very new ventures, which may need to explore alternative lenders first.