To get a small-business loan, it's essential to research and find the right fit. Traditional term loans are suitable for large purchases or expansions, while business lines of credit offer flexible funding for day-to-day expenses. Startups may find traditional loans harder to obtain. To determine eligibility, answer questions about your credit score, business history, and ability to afford loan payments. Comparing lenders involves considering funding speed and terms. Banks offer competitive rates, long repayment terms, and large loan amounts. Microlenders offer small loans under $50,000, while online lenders offer loans up to $500,000. Understanding all options helps avoid wasting time or money. Apply for a small-business loan with necessary documentation, review terms and conditions, and sign the agreement. Consider factors like time to fund and business qualifications for the best loan.