Just how are small business owners able to fund their own businesses in such a shaky economy? The truth is, it isn’t always easy to find financial stability, considering the cost of employee wages, equipment, software, rent, traveling, and a variety of other expenses.

Luckily, there are plenty of ways to go about finding working capital loans for small businesses and other types of small business lending opportunities:

• Traditional banks: This option has long been considered the best option by many funding experts, but these days, more small businesses are realizing that this options might not be the best one. There are certainly plenty of options for small business loans at a bank, but it could take a long time for a line of credit to be processed.
  

• Credit unions: These are non-profit member-owned institutions that function very much like banks, but they generally provide a little better rates and terms on small business loans. If you aren’t already a member of a credit union, you’ll have to pay a small membership fee and live within the geographical region of the credit union in order to take out a loan.
  

• Government loans: The U.S. Small Business Administration (SBA) offers many different types of small business loans, especially microloans for businesses that just need some quick cash after a disaster strikes. These loans are fairly good options, but be aware that your business might not qualify.
  

• Online private lenders: These institutions are quickly becoming a top choice recommended by many funding experts, because they carefully consider the same requirements as banks consider but they tend to offer better repayment schedules and interest rates.

So which lending option is the best choice for your small business?