With the decline in lending by traditional banks to small businesses, these businesses have started eyeing other loan options. There are several small business financing available today. You have to select the one which suits your business requirements. Some of the loans given to small businesses are similar to personal loans. Short term business loans, business cash advance, credit lines are available for small businesses with no financial statements, advance fee, collateral or tax returns. Small business loan can be approved based on its cash flow and the volume of sales, rather than the business owner’s credit history. Small businesses can get loans up to $250,000 without offering any security within two days to meet their needs with very convenient terms of payment. In these new economic times, even successful business seeking business loans are being turned down by traditional banks.