Financial Wealth Management offer a diverse range of products to individuals and businesses, enabling them to acquire funds. These services are primarily provided by banks, credit unions, and online lenders. The core of a loan involves a borrower receiving a principal amount from a lender and agreeing to repay it, typically with interest, over a specified period. Loans can be secured, requiring collateral, which offers lower interest rates due to reduced risk for the lender. Alternatively, unsecured loans do not require collateral but generally come with higher interest rates to compensate for the increased risk.

Business loans Includes Small Business Administration (SBA) loans, microloans, and other financing for business operations and growth. The lending process typically involves an application, a creditworthiness assessment (considering factors like income, credit score, and debt-to-income ratio), a lending decision, signing of loan documents, funding disbursement, and a structured repayment schedule. Interest can be calculated as simple or compound, and rates can be fixed or variable. The U.S. financial loan sector is heavily regulated to protect consumers and ensure fair practices.