Small Business Loans
Small business loans can help launch your startup, cover overhead costs, purchase equipment, refinance debt — and more. Here, you can compare business loan rates, calculate costs and explore your options to find the right loan for you.
Our featured picks
There’s no one-size-fits-all small business loan. That’s why we constantly evaluate lenders and show you a variety of options to help you choose the best business loan based on your needs. Here’s a look at our current top recommendations.
Credibly: Best for bad credit business loans
- Business credit score: Over 500 (Specific requirements vary)
- Personal guarantee requirement: Yes
- Time in business: Six months
- Business annual income: $180,000
Wells Fargo: Best for lines of credit
What to know: Three revolving business lines of credit offer some of the lowest rates around and earn rewards on eligible purchases. New and established businesses may be eligible for the unsecured lines of credit, while the secured Prime Line of Credit is for businesses with at least $2 million in annual sales. Annual fees may apply (waived the first year).
- Business credit score: 680
- Personal guarantee requirement: Yes
- Time in business: Varies (Two years for the BusinessLine line of credit and less than two years for the Business Advantage line of credit)
- Business annual income: Not disclosed
Funding Circle: Best for fast and affordable loans
What to know: Business term and SBA loans have more favorable rates compared to other online lenders. Loans may be approved and funded in as little as 24 hours, and you won’t have to deal with excessive fees, though the origination fee is high. Eligibility requirements are fairly strict, especially for SBA 7(a) loans, which have a minimum annual revenue of at least $400,000.
- Business credit score: 660 (SBA 7(a) loans only require 630 credit score)
- Personal guarantee requirement: Yes
- Time in business: Two years
- Business annual income: $50,000 for term loan
Learn more about small business loans
What's new
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Pros and cons of a business bank loan
Business bank loans can be great deals but they aren’t the best choice for all businesses.
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How much will a fast business loan cost?
Fast business loans can finance businesses quickly, but how much will it cost?
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Where can I get a short-term business loan?
Banks and credit unions offer the best rates, but online lenders offer fast funding.
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How long does it take to receive an unsecured business loan?
See how long the loan approval process takes for an unsecured business loan.
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How to apply for an unsecured business loan
Follow these steps to improve your chances of approval.
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What can you use a fast business loan for?
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How to choose the best fast business loan
Discover key questions to help you choose the best fast business loan.
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Secured vs. unsecured fast business loans
One type of business loan is more affordable but the other can be more convenient.
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Wells Fargo vs. Bluevine: Which small business lender is right for you?
Wells Fargo and Bluevine offer business lines of credit for small businesses, but one may be a better fit for your business.
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Types of unsecured business loans
There are options for many borrowers, including business owners with bad credit.
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