Businesses of all shapes and sizes can take out a business loan. Here are just a few examples of the types of businesses that can benefit from a business loan:

Sole proprietorships: Individual entrepreneurs, such as self-employed workers, auto-entrepreneurs and the self-employed, can apply for a business loan to finance their activities, buy equipment, expand their business or meet other financial needs.

Small and medium-sized enterprises (SMEs): SMEs, whether limited liability companies (SARLs), public limited companies (SAs) or other legal forms, can take out a business loan to support their growth, invest in new equipment, manage their working capital or expand their activities.

Startups: Early-stage startups may need financing to fund their launch, develop their product or service, recruit staff or cover initial operating expenses. Business loans may be an option to support their growth.

Expanding businesses: Fast-growing businesses may seek professional loans to support their expansion, for example by opening new sites, investing in research and development, or increasing production capacity.

Companies in the craft sector: Companies in the craft sector, such as craftsmen, convenience stores, restaurateurs, etc., may need additional financing to purchase tools, modernize their facilities, expand their business or meet other specific needs related to their activity.