A business loan is a loan specifically intended for business purposes. It can be used for startup costs, expansion, equipment purchases, and other business needs.

Eligibility criteria vary but generally include a strong credit history, a solid business plan, and financial statements. Some loans may also require collateral.

The maximum loan amount depends on your business's financial health, creditworthiness, and the type of loan. Business loans can range from $5,000 to several million dollars.