Columbus, Ohio, is the state capital and the largest city in Ohio, located in the central part of the state. It is a vibrant and growing city with a diverse economy that includes education, healthcare, finance, and technology industries. It is also the third-largest city in the Midwest behind Chicago and Detroit, and surpassed only by those two cities for total population within their respective states.
Columbus, Ohio, has seen steady economic growth over the past few years, with small businesses playing a crucial role in driving this expansion. Small businesses in Columbus have access to various resources, including small business loans, which have enabled them to thrive and contribute to the city's economic development.
AdvancePoint Capital is here to support your business in Columbus as it grows. Our small business loans in Columbus provide up to $1,000,000 to help grow your enterprise. Our loans can be used to start a new business, expand an existing one, or overcome difficult times. Even if you have bad credit, we can collaborate to secure the financing you require.
Acquire Small Business Loans in Columbus, OH
There are a number of ways to get a small business loan in Columbus. The first step is to understand what type of loan you need and what you can qualify for. There are many different types of loans available, and each has its own requirements.
With our expansive network of lenders, we can help you find the best loan program for your needs. We have a wide variety of lenders, so we can work with you even if you don’t have good credit score. Once you have identified the loan that meets your requirements, the next step is to complete our online application. Our process is straightforward, and you can expect a response in as little as 24 hours.
9 Best Small Business Loans in Columbus, OH (April 2024)
Small Business Loans
Finding the right small business loan for your small business is a simple process at advancepoint. Products are available for every need.
SBA Loans in Columbus, OH
SBA loans are a very popular option due to the great rates and terms because the loans are backed by the Small Business Administration.We can help you with the approval process as it requires significant documentation and qualifications.
Merchant Cash Advance
A Merchant cash advance is an advance off of credit card processing sales. Repayment is made by the funder taking a percentage of future sales. Fast and easy process compared to traditional loans.
Business Cash Advance
A business cash advance is an alternative to a business loan when traditional options aren’t available to you. The cash advance advances a lump sum to a business based on the business current revenue.and is repaid out of a percentage of futures sales.
Business Line of Credit in
Columbus, OH
Credit lines are a popular option for business owners because they are revolving and can draw funds on demand. Interest is only paid based on the outstanding balance. Lines do have a credit limit.
Equipment Financing
Equipment financing is a common product that comes in the form of a lease or loan. Terms range from 2 to 7 years to repay with affordable monthly payments.
Invoice Financing in Columbus, OH
With invoice factoring, you can get an advance at time of issuance of an invoice which accelerates payment before the client pays during normal net terms.
Short Term Small Business Loans
Short term loans are a great option for businesses who cannot get approved for traditional financing and need working capital. Short term is defined as 6 to 24 months to repay.
Long Term Business Loans
Long term loan options are great for established businesses in need of a large amount of capital for an expansion or project that requires affordable long term payments.
U.S. Small Business Administration
Start, Grow, and Expand your Business
View the Central and Southern Ohio Small Business Resource Guide for information and assistance in growing your local business, exploring funding options, and contracting in Central and Southern Ohio.
U.S. (SBA) U.S. Small Business Administration
Columbus District Office
Most Common Use of Loan Proceeds in Columbus, OH
- Working Capital
- Equipment Purchases and Repair
- Inventory
- New Business Opportunity
- Business Growth
- Cash Flow
- Increase Business Assets
- Repair Facilities
- Emergencies Business Expenses
- Advertising / Marketing / Customer Acquisition Goals
- Create jobs, Recruit Employees and Training Resources
- Trucks
- Real Estate Transactions
- General Business Needs and/or Expenses
State and Federal Government Funding Programs, Covid-19 Relief Grants in Columbus, OH
- The City of Columbus | Economic Development Office of Small Business and Entrepreneur Development
- Ohio Small Business Development Centers SBDC
- Columbus Urban League | Ohio Minority Business Assistance Center
- Columbus COVID-19 Small Business Resource Guide
Why AdvancePoint Capital?
- Our experience in Columbus, where we have been providing financing for years.
- The trust that small business owners in Columbus have is evident from our reviews.
- Providing only the best-experienced business funding specialists in Columbus.
- We provide quotes with no costs and no commitments.
- The range and variety of business loan products for businesses in Columbus.
Apply for Business Loans in Columbus Today!
Applying for a business loan is fast and easy with the simple application process that we provide at AdvancePoint Capital. All you need to do is fill out our online form, and application page, and in just a few hours — you’re well on your way to getting yourself a business loan in Columbus.
Get Started Today
AdvancePoint Capital makes the loan application process a simple, straightforward experience.
