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Loans to buy a retiring business

Swoop Funding

Several financing options are available to help you buy a retiring business. SBA 7(a) loans – Backed by the Small Business Administration, SBA Loans are among the most popular options for business acquisitions. If you’re applying for an SBA loan, be prepared for more documentation.

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Business loan for hiring

Swoop Funding

Instead of taking out a fixed loan amount, businesses can withdraw funds as needed to cover payroll and recruitment costs. Government-backed SBA loans also provide affordable financing for small businesses looking to expand their workforce. A business owner’s guide What does working capital requirement measure?

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Business loan for app development

Swoop Funding

For early-stage businesses or startups, SBA loans can offer more favorable terms, though they may take longer to secure and come with more documentation requirements. Revenue-based financing may also be an option if you already have some sales and expect a boost once the app launches.

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Business computer finance

Swoop Funding

Finally, SBA loans can be used to purchase business-critical equipment, including computers, especially when part of a larger investment in infrastructure or operations. Which businesses can finance computers? Another route is leasing , where the business pays a fixed monthly fee to use the equipment for a set term.

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Top Laundromat Franchise Opportunities for Entrepreneurs in 2025: Keep More of Your Money with This Franchise Tax Hack

The Franchise Insiders

Secure Financing Securing financing for a self-service laundry is a critical step in starting a laundromat franchise. Financing options often include Small Business Administration (SBA) loans and other financing solutions tailored to the needs of laundromat franchisees.