How to Choose the Right Type of Capital - Accion Opportunity Fund How to Choose the Right Type of Capital - Accion Opportunity Fund
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How to Choose the Right Type of Capital

A loan isn’t just a loan. Explore the differences between traditional loans, SBA options, and alternative financing, and how to choose the right type of capital for your business.

A business owner getting a loan after learning how to choose the right type of capital for their business

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AOF Advisors

Choose the Right Type of Capital for Your Business

A loan isn’t just a loan.

Not all funding is created equal—and different types of capital work best at different stages of business. This webinar breaks down traditional loans, SBA options, and alternative financing so you can understand what’s realistically accessible based on your size, cash flow, and goals. You’ll learn how lenders evaluate applications, what makes an SBA loan a better fit for more established businesses, and how to choose capital that supports growth without putting unnecessary strain on your operations.

Meet the Experts

Lindsay Chung

Lindsay Chung is a Senior Business Advisor at Accion Opportunity Fund and has more than 13years of experience in the accounting and finance industry. Lindsay has worked with hundreds of small business owners across more than 20 different industries. From startups to established businesses, she has helped businesses understand their credit and ways to improve it along with advising them on how to manage their cash flow, analyze their financials, and improve their bookkeeping practices. Lindsay first realized her passion for economic empowerment while proudly serving as a Peace Corps Volunteer in Botswana. She has a Bachelor of Science in business administration, accounting and finance from the University of Colorado and currently lives in Denver. 

Stay connected with Lindsay:

Burke Purcell

Burke Purcell is the Founder and CEO of LoanBud. With more than two decades of experience in the lending industry, he has grown and scaled multiple lending operations and sales teams. Throughout his career, Burke recognized persistent inefficiencies in the lending process that made it harder for entrepreneurs to access the funding they needed. Those challenges inspired him to create LoanBud, a platform designed to simplify the lending journey and better support the self-employed and small business community.

Learn more about LoanBud.

Topics Discussed Include:

  • What is the difference between a traditional term loan, an SBA loan, and a cash flow or merchant cash advance loan?
  • How can a business owner know that they are ready for a loan to help them grow?
  • When is an SBA loan the right option for businesses looking to grow?
  • Can you use an SBA loan to open a new business location?
  • What can be a roadblock for business owners with strong revenue applying for capital?
  • What do lenders look for when a business applies for an SBA loan?
  • How can business owners prepare to apply for a working capital loan or an SBA loan?
  • What’s the difference between a term loan and a line of credit?
  • How can I use an SBA loan to grow my business?
  • If I’m not ready for a loan yet, what are my options?

Want to learn more about how to prepare to access capital and how to choose the right type of capital for your small business? Check out our free, personalized business courses on Learn with AOF.

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