Best fast business loans in May 2025

4.7

Bankrate Review

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Bankrate Score = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$10k-$10M

Term: 3 - 96 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

4.90- 34.00%

Fastest funding

2 business days

Read our review

on Bankrate

Disclosures

Creditfy does not perform a hard credit pull at any point in pre-approval process, but may perform a hard pull after you receive and accept your offer upon funding. Rates shown as Simple Rate or Factor Rates and not APR. Rates vary based on product, credit determination, state law/minimum loan amounts, and lender criteria. Not all applicants will qualify for financing; all financing products are subject to credit review and lender approval. 

• Pros and cons

  Pros

  • Funding within 24 to 48 hours
  • Flexible requirements
  • SBA lender

  Cons

  • Must be in business for at least one year

• Additional requirements

  WHAT TO KNOW

  You can apply online. Creditfy states it takes less than five minutes to complete, and you can receive approval within a few hours. The initial application only results in a soft credit pull. Funding typically occurs between 24 to 48 hours. There is a 1 to 2.5 percent origination fee for most of Creditfy’s products.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  550

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$100,000

National Funding: BEST FOR EARLY PAYOFF DISCOUNT

4.4

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$500K

Term: 4 - 24 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Factor Rates Starting at 1.10

Fastest funding

1 business day

Apply now

on partner site

Disclosures

Marketing Bullets:

• Hire new employees to support your business growth
• Flexible payment options are available
• Stock more best-selling items during your busy selling seasons
• Maintain daily operations even through gaps in cash flow
• Continue running your business seamlessly during seasonal lulls

Disclosures:

This is not a guaranteed offer of credit. Rates and terms for business credit products are subject to underwriting guidelines, may be provided by third parties, and are subject to lender approval. Approved funding amount is based on eligibility. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average business bank account balances, personal credit and other variables deemed relevant by the lender. Products offered by National Funding, LLC and affiliates are business products only. In California, products are made or arranged pursuant to a California Financing Law License. License number: 603A169.

• Pros and cons

  Pros

  • Access to high loan amounts
  • Fast funding
  • Funding specialists available to help

  Cons

  • Potentially high interest rates
  • $250,000 minimum annual revenue
  • Limited monthly payment option

• Additional requirements

  You can apply online or by phone. National Funding will connect you with a funding specialist to make sure you are getting the financing options that work best for you. National Funding charges an origination fee of between 1 and 5 percent and requires a personal guarantee. Repayment options are daily and weekly, but borrowers with a high personal credit score and strong financials may qualify for its monthly payment option.

  National Funding operates in all states.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  660

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  Yes

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$250,000

4.5

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$250K

Term: 3 - 24 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 27.30% APR

Fastest funding

1 business day

Apply now

on BusinessLoans.com

• Pros and cons

  Pros

  • Build business credit
  • Same-day funding
  • Low minimum credit score requirement

  Cons

  • High fees
  • High APR
  • Not available in all states

• Additional requirements

  You can apply at OnDeck online or by phone at 888-269-4246. Same day funding is available in certain states for term loans up to $100,000. OnDeck charges an origination fee on term loans of up to 4%. The average APR for terms loans is 56.10%. Loans are secured by a general lien on business assets and a personal guarantee.

  OnDeck doesn't lend to businesses in North Dakota.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  625

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:1 year

  Minimum business annual revenue:$100,000

QuickBridge: Best for loan variety

4.2

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.2/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$10k-$500K

Term: 4 - 24 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Varies

Fastest funding

1 business day

Apply now

on partner site

Disclosures

Marketing Bullets:

• Finance daily business operation and have flexibility for expansion
• Access to short-term cash for immediate expenses like paying rent
• Supplement late-paying clients
• Get the funds to make improvements with renovations without impacting day-to-day cash flow
• Cash flow for inventory, materials, and marketing

Disclosures:

This is not a guaranteed offer of credit. Rates and terms for business credit products are subject to underwriting guidelines, may be provided by third parties, and are subject to lender approval. Approved funding amount is based on eligibility. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average business bank account balances, personal credit and other variables deemed relevant by the lender. Products offered by QuickBridge and affiliates are business products only. In California, products are made or arranged pursuant to a California Financing Law License. License number: 603J292.

• Pros and cons

  Pros

  • Streamlined application process
  • Fast funding times
  • Early payoff discount

  Cons

  • Interest rates and fess not stated online
  • Steep annual revenue requirement

• Additional requirements

  WHAT TO KNOW

  QuickBridge offers several types of business loans, including working capital loans and unsecured business loans. For working capital loans, loan amounts are from $10,000 to $500,000 with repayment terms from three to 24 months.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  660

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$250,000

Credibly: Best for discounts for early repayment

4.6

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.6/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$10M

Term: 3 - 15 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

1.11 factor rate

Fastest funding

1 business day

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

• Full financing application takes just ~10 minutes
• Enjoy some of the most competitive pricing in the alternative lending space
• Factor rates* as low as 1.11
• Daily, weekly, and monthly** payment and remittance options
• Approvals as fast as 4 hours

Disclosures:

*Factor rates are included in your daily estimate to simplify remittances and account monitoring. Best factor rates available to merchants with excellent credit and financial strength.

**Some products are made available through Credibly’s network of external funding partners

• Pros and cons

  Pros

  • Possible early repayment discount
  • Prequalify in as little as 10 minutes
  • Funds in as little as one day

  Cons

  • Not available in 13 states
  • High minimum revenue requirement
  • Max factor rate not disclosed

• Additional requirements

  What to know

  For Credibly’s working capital loan, your business needs at least $25,000 in average monthly deposits for the last three months. Applicants must total at least a 51% stake in the business. Payments can be made daily or weekly. Credibly charges a 2.5% origination fee.

  This loan is unavailable in the following states: CO, DE, GA, Ml, MT, NV, NJ, ND, OK, OR, SD, TX and VT.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  500

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$180,000

Fora Financial: Best for fast approval

4.5

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$1.5M

Term: 6 - 18 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 1.10 factor rate

Fastest funding

1 business day

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

• Fixed terms - up to 18 months to repay - make the Small Business Loan a hassle-free lending solution for growing businesses that need fast working capital for expansion, cash flow management, or other business operations
• No collateral required
• Prepayment discounts
• Soft credit pulls for approvals
• Borrow $5,000 to $1.4 million

Disclosures:

Fora Financial provides business capital, including business loans and Revenue Based Financing, directly and through a network of unaffiliated third-party funding providers. All offers will depend on your business meeting at the time of submission our prequalification and/or underwriting criteria, which includes, but is not limited to, business & personal credit history, time in business, cash flow, revenue consistency, industry-specific underwriting rules. Business loans are offered by Fora Financial Business Loans LLC or, in California, by Fora Financial West LLC, a licensed California Finance Lender, License No. 603J080. Revenue Based Financing is offered by Fora Financial Advance LLC.

• Pros and cons

  Pros

  • Possible early repayment discount
  • Soft credit check at application
  • Minimum FICO score of 570

  Cons

  • Maximum factor rate is fairly high
  • Few types of loans
  • Steep annual revenue requirement

• Additional requirements

  WHAT TO KNOW

  Fora has a remarkably fast approval time, with the company advertising a response within just four hours. The company does a soft credit check when you apply for a loan with a full check happening only once you’ve been approved. The company also puts discounts on early repayments and has no limits on how you used the money you borrowed.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  570

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$240,000

iBusiness Funding: Best for flexible repayment terms

4.6

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.6/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$25k-$500K

Term: 6 - 84 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 7.49% simple interest

Fastest funding

2 business days

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

• No prepayment penalty
• Once low-monthly payments*
• Term lengths up to 7 years*
• Fixed rates for the length of the loan
• Dedicated US based Funding Specialist

Disclosures:

*Rates, terms and maximum loan amount may vary according to the overall creditworthiness of the applicant and financing product selected. To see what your business may qualify for, apply today at no obligation. Approval and funding times may vary by lending partner and financing product selected. All loan offers and qualifications require credit approval and are subject to change with or without notice.

• Pros and cons

  Pros

  • Low revenue requirement
  • Flexible repayment terms
  • May help you build business credit

  Cons

  • Need two years in business
  • High origination fee
  • Collateral required

• Additional requirements

  Term loan applicants must offer collateral such as liens on equipment, vehicles or inventory. All owners with a 20% stake or more must be on the loan, and signatories must add up to at least 51% ownership. Signatories must have no personal bankruptcies in the past seven years.

  iBusiness Funding charges an origination fee of 4.49% to 10.49% and a late fee of up to 5%.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  400

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  660

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:2 years

  Minimum business annual revenue:$50,000

Bluevine: Best for unsecured fast loan

4.4

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$250K

Term: 6 - 12 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 7.80%

Fastest funding

1 business day

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

• Credit lines up to $250,000
• Access funds within hours
• No prepayment or monthly fees
• Dedicated account manager and customer support

Disclosures:

Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC. Bluevine accounts are FDIC insured up to $250,000 per depositor through Coastal Community Bank, Member FDIC. The Bluevine Business Debit Mastercard® is issued by Coastal Community Bank, Member FDIC pursuant to a license from Mastercard International Incorporated and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. See the Coastal Community Bank Privacy Policy.

Application is subject to approval. No monthly or maintenance fees. Card Replacement Fees and Wire Transfer Fees may apply.

Banking Services for payments made via ACH or wire from the Bluevine Business Checking Account are provided by Coastal Community Bank, Member FDIC. Certain Bill Pay funds, including Bill Pay with Credit Card, are temporarily held during payment processing by Silicon Valley Bank, N.A., a full-service bridge bank created and operated by the FDIC. Bridge bank services are subject to change without notice and may not be offered continuously. Money transmission services for International Payments are provided by a third party and are also subject to their applicable terms and conditions.

The Bluevine Line of Credit is issued by Celtic Bank, a Utah-chartered Industrial Bank, Member FDIC. Applications are subject to credit approval. Rates, credit lines, and terms may vary based on your creditworthiness and are subject to change. Additional fees apply.

PPP loans are made by one or more approved U.S. Small Business Administration (SBA) lenders. Loan agreements will identify the issuing lender to small businesses at signing. Qualified applications will be submitted to the SBA as soon as possible. Bluevine does not guarantee that applications will be processed and submitted before PPP funds are no longer available. Approval and loan forgiveness are subject to your availability to meet government-set eligibility requirements.

Certain financing may be made or arranged pursuant to California Financing Law-License No. 6054789.

All other product names, logos, brands, trademarks, and registered trademarks are property of their respective owners. All company, product, and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.

® 2023 Bluevine Inc. All Rights Reserved. “Bluevine” and the Bluevine logo are registered trademarks of Bluevine Inc.

• Pros and cons

  Pros

  • No early repayment fees
  • Streamlined application process
  • Relatively low credit requirement

  Cons

  • Maximum interest not disclosed
  • High minimum annual revenue requirement
  • Not available in all states

• Additional requirements

  What to know

  You’ll need 24 months in business and $480,000 in annual revenue; or 36 months and $960,000 for monthly payments.

  Lines of credit are unavailable in Nevada, North Dakota and South Dakota. Ineligible industries include political campaigns, controlled substances, pornography and paraphernalia and auto dealerships. Draw fee of up to 3% on 12-month lines of credit.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  625

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:2 years

  Minimum business annual revenue:$480,000

SMB Compass: Best for large loan amounts

4.4

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$10k-$10M

Term: 6 - 300 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 5.99%

Fastest funding

1 business day

Read our review

on Bankrate

Disclosures

Marketing Bullets:

• Same day funding options
• Fixed Interest rates and flexible repayment options
• Interest only solutions available
• Flexible use of funds
• Prequalify without impacting your credit

Disclosures:

SMB Compass's financing programs are not available in California.

• Pros and cons

  Pros

  • Variety of loan types
  • Low minimum credit score
  • High maximum loan amounts

  Cons

  • Rates start relatively high
  • Not a direct lender
  • High revenue requirements

• Additional requirements

  What to know

  SMB Compass’s bridge loans are unavailable in California. Payments are made daily, weekly or monthly. Loans may require a personal guarantee and collateral. Sole proprietorships are ineligible.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  600

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$100,000

Triton Capital: Best for fast equipment loan

4.4

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$10k-$500K

Term: 12 - 60 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

Starting at 5.99% APR

Fastest funding

1 business day

Read our review

on Bankrate

Disclosures

Marketing Bullets:

• 24/7 availability, Instant estimates , Rates starting at 5.99% with 12-60 month terms
• Apply in 60 seconds, Get approved within 2 minutes, Get funded today
• We stand behind our commitment to continuously provide small businesses with low cost financing. If you find a lower payment than ours, we'll beat it or pay you $250
• We provide transparent, cost-effective equipment loans up to $250K. We’ve helped 1200+ businesses in over 175 industries acquire equipment to increase efficiency and expand operations

• Pros and cons

  Pros

  • Available to new businesses
  • Streamlined online application process
  • Competitive interest rates

  Cons

  • Documentation fee
  • Not all industries eligible for funding
  • High minimum annual revenue

• Additional requirements

  What to know

  All owners with at least a 10 percent ownership stake must apply and provide a personal guarantee, though the company also supports “corp only” requests. Triton Capital charges a $150 to $750 documentation fee. Equipment loans are secured by the equipment financed.

  Ineligible industries include the adult, gaming, cannabis, CBD, hemp, day trading and cryptocurrency industries.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  600

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  600

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:2 years

  Minimum business annual revenue:$350,000

SmallBusinessLoans.com: Best for personalized funding

4.4

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$500K

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

8.49%+

Fastest funding

1 business day

Apply now

on partner site

• Pros and cons

  Pros

  • Low minimum annual revenue requirement
  • Variety of lending partners
  • Personalized funding options

  Cons

  • Must fill out an application to know what you qualify for
  • May not be eligible for every product
  • Limited information online

• Additional requirements

  SmallBusinessLoans.com is a loan marketplace that matches small business owners with lending partners and products. Several funding options are available, including lines of credit, equipment financing and leasing, merchant cash advances and term loans. Funding amounts and repayment terms will vary depending on the lender and product you're matched with.

  It's easy to apply online, and business owners can receive funds in as little as 24 hours.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  660

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  No

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$150,000

Lendzi: BEST FOR ALTERNATIVE FINANCING

4.3

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 4.3/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Loan amount

$5k-$5M

Term: 3 - 15 months

Interest rate

Hover to learn more about our interest rates.

Interest will typically be quoted as an annual percentage rate (APR), which reflects interest rate and any other charges and fees you may have to pay.

1.1 - 1.5 factor rate

Fastest funding

1 business day

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

In a lending landscape filled with obstacles, Lendzi shines as a beacon of transformation. We rewrite the script by:

• Welcoming Bank Turndowns: When banks decline, we step up, offering a second chance for success.
• No Credit Check, No Limits: We see beyond credit scores, enabling businesses to thrive without unnecessary barriers.
• Lightning-Fast Approvals: In under two hours, opportunities are unlocked, and growth accelerates.
• Tailored Solutions: Personalized plans cater to your unique business needs.
• Empowering with No Obligation: Explore without commitment, ensuring the right choice for your business.
• With Lendzi, "no" evolves into "now." We're not just financiers; we're partners in your journey to triumph.

• Pros and cons

  Pros

  • High loan amounts
  • Accepts bad credit
  • 24-hour funding

  Cons

  • High rates and fees
  • Short repayment terms for some loans

• Additional requirements

  WHAT TO KNOW

  Merchant cash advances from Lendzi only require six months in business, $100,000 in annual revenue and a credit score of 550 or higher. Required total ownership of 50% is also required.

  Business credit score:

  Hover to learn more about our business credit score.

  There are four companies that assess business credit scores: Dunn & Bradstreet (D&B), Experian, Equifax and FICO. Each calculates their own scores based on various scales. D&B and Experian rank on a 1-100 scale. FICO scores on a 0-300 scale. Equifax generates 3 separate scores based on business payment index (1-100), business credit risk (101-992), and business failure (1,000 - 1,880).

  N/A

  Personal credit score:

  Hover to learn more about our business credit score.

  A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator of the loans you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

  550

  Personal guarantee requirement?:

  Hover to learn more about our personal guarantee requirement

  This is a form of protection for lenders requiring the borrower to repay the loan from their personal assets if the business defaults. A personal guarantee can help some businesses access credit that typically wouldn't qualify.

  Yes

  Minimum time in business requirement:6 months

  Minimum business annual revenue:$100,000