Small Business Payroll Loans Defined & Explained

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What Are Payroll Loans?
How Payroll Loans Work
What Can Payroll Loans Be Used For?
4 Types of Payroll Loans
1. Invoice Factoring
2. Short-Term Loans
3. Cash Advances
4. Lines of Credit
Pros and Cons of Payroll Loans
Pros of Small Business Payroll Loans
Cons of Small Business Payroll Loans
Applying for Business Payroll Loans
Payroll Loan Requirements
Business Credit Score
Business History
Debt to Equity Ratio
Business Plan
Collateral
What Are Other Small Business Loan Options?
Inventory Financing
Equipment Loans
Looking for a Small Business Loan?
Frequently Asked Questions
Photo credit: iStock/Cameron Prins
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About the Author
Su Guillory is a freelance business writer and expat coach. She’s written several business books and has been published on sites including Forbes, AllBusiness, and SoFi. She writes about business and personal credit, financial strategies, loans, and credit cards.
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