There are countless reasons why a small business loan could help you. There are a few reasons that a just a bit more common than others. Business loans are good when you are planning on expanding. You’ve outgrown your current location and have an increase of customers coming in and out. Credit building for the future is also a reason to get a business loan. By getting a small loan now, you are building credit for a few years down the road when you may need better credit for a bigger loan. The need for equipment can make it necessary to get a loan. Sometimes to improve your business, you need to get new, better, or specialized equipment but need the money. Business loans are good when you need inventory. The biggest expense for a business is inventory. You are constantly keeping above the demand. A loan can help you get the inventory you need. When a business opportunity comes along, sometimes you need to grab it, even if you don’t have the cash. Getting a loan will enable you to make it happen.