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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When to consider a short-term business loan
From emergencies to seasonal cash flow issues, short-term loans may offer relief.
4 min read Aug 10, 2023 -
How long does it take to get a fast business loan?
A quick small business loan may give you access to funding in less than a week.
4 min read Aug 09, 2023 -
Business loan requirements: 8 things you will need
Common business loan requirements you need to know before you submit an application.
6 min read Aug 09, 2023 -
How to get approved for a startup business loan
Your credit score and the right lender can go a long way to getting you that loan.
7 min read Aug 08, 2023 -
Where can I get a fast business loan?
Learn where to get fast small business loans, plus red flags to look for.
4 min read Aug 08, 2023 -
Pros and cons of unsecured business loans
Loans without collateral can be quick but more expensive than secured loans.
5 min read Aug 08, 2023 -
American Express® Business Line of Credit vs. Fundible
Compare American Express® Business Line of Credit and Fundible to find the right lender for your small business loan.
5 min read Aug 08, 2023 -
American Express® Business Line of Credit vs. Wells Fargo: Which small business lender is right for you?
We’ll help you compare American Express® Business Line of Credit and Wells Fargo business loans.
6 min read Aug 08, 2023 -
How much will a business line of credit cost?
The true cost of your line of credit will depend on rates, fees and repayment terms.
5 min read Aug 08, 2023 -
What is a fast business loan and how does it work?
A fast business loan can get you the funds you need in as little as a day.
4 min read Aug 08, 2023