<human>:  Can you provide me with some information about the logistics of getting a small business loan?
<bot>: A small business loan is financial assistance designed to help a business start, grow, expand, or stay afloat. It is typically provided by a bank, credit union, or online lender, and is often secured against the assets of the business, such as inventory, accounts receivable, or any other business-related assets. The loan typically requires some form of collateral to qualify, and the amount available to borrow can range from a few hundred dollars to millions of dollars, depending on the size of the business and the lender's qualifications. Generally, the process of applying for a small business loan includes submitting a loan application that includes detailed business information, such as financial statements and operational information. After the loan application is completed and approved, the loan officer or other financial services personnel will review the application and decide if the business meets the lender's requirements. After approval, the loan proceeds may be dispersed either as a lump sum or in a series of payments. It is important for businesses to understand the loan agreement concisely and to negotiate for the best possible terms.