Best LLC loans in April 2025

National Funding: Best for early payoff

4.4

Bankrate Review

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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

  • Limited information on website
  • $250,000 minimum annual revenue required
  • Potentially high interest rates

• Additional requirements

  You can apply online or by phone. National Funding charges an origination fee of between 1 and 3 percent for working capital loans and requires a personal guarantee. Repayment schedules are daily and weekly, but select applicants may qualify for a monthly repayment option. If the working capital loan is repaid within the first 100 days, borrowers receive a 7 percent discount on the remaining balance. 

  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

iBusiness Funding: Best for building business credit

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 starting rates
  • Repayment terms up to 7 years
  • No prepayment penalties

  Cons

  • High origination fee
  • Required credit score of 660
  • Tough for newer businesses to qualify

• Additional requirements

  The average borrower has 11 years in business and $1.4 million in annual sales. Personal guarantees required from anyone with 20% or more ownership. No bankruptcies within the past 7 years. A one-time origination fee of 4.49% to 10.49% applies, which is high compared to other lenders.

  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

QuickBridge: BEST FOR LOAN VARIETY

4.2

Bankrate Review

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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

Bluevine: Best for LLC line of credit

4.4

Bankrate Review

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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

  • Fast funding
  • Open to fair-credit borrowers
  • Minimal fees

  Cons

  • Unavailable in three states
  • Short repayment period of 6 or 12 months

• Additional requirements

  What to know

  The $120,000 minimum annual revenue is for weekly payments and $960,000 for monthly payments. Lines of credit aren’t available in Nevada, North Dakota or South Dakota. You’ll need to be registered as a corporation or LLC and not have any bankruptcies in the past year. 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:1 year

  Minimum business annual revenue:$480,000

4.5

Bankrate Review

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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

  • Same-day funding
  • Reports to credit bureaus
  • Early repayment incentives

  Cons

  • High interest rates
  • Not available in all states
  • Short repayment periods

• Additional requirements

  Interest rates for term loans start at 27.30%, with an average rate of 56.10%. There’s also an origination fee of up to 4%. Repayment terms are short, going up to 24 months. Loans aren’t available 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

SMB Compass: Best for term loans

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

$25k-$5M

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 6.99%

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

  • Offers nine types of loans
  • Low starting rates
  • High borrowing limits

  Cons

  • Closing fee of 1% to 3%
  • Uses factor rates for some loans
  • Some loan types take weeks to fund

• Additional requirements

  What to know

  Term loans have repayment periods of 2 to 25 years with starting interest rate of 6.99%. Invoice financing can be funded in as little as 24 hours with starting interest rates of 12%. Lines of credit only need a 600 credit score and $100,000 in annual revenue. A closing fee of 1% to 3% applies to most loan types.

  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.

  680

  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:$500,000

Triton Capital: Best for equipment loans

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

  • Fast access to funds
  • Low starting rates
  • Offers Lowest Payment Guarantee

  Cons

  • High maximum rates
  • High annual revenue requirement
  • Potentially high fees

• Additional requirements

  What to know

  Loans can be approved quickly and funded within one to two days. Equipment financing has a minimum credit score requirement of 600 and interest rates of 5.99% to 24.99%, but the annual revenue requirement is high at $350,000.

  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

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-$1M

Term: 4 - 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.

Factor rate from 1.10 - 1.36

Fastest funding

1 business day

Apply now

on BusinessLoans.com

Disclosures

Marketing Bullets:

• Application-Only Financing from $500 to $350,000
• Approvals are good for 90 days
• Concierge Experience: You’ll work with the same Taycor Finance Professional from start to finish
• Funding in as little as 24 hours

Disclosures:

Taycor Financial has been a partner to the small & medium-sized business community for nearly three decades. We provide commercial financing and leasing to buyers across North America. Taycor offers innovative financial services and products that are flexible, affordable, and tailored to our customers’ specific needs.

Irrespective of your business goal, we have a product that can help you achieve it. It doesn’t matter if it’s a business line of credit or perhaps you’re seeking to funds to buy software, machinery, equipment, a vehicle or device, we have the financial tools to help you get the job done at rates and terms that lead to a long-standing relationship with our clients.

• Pros and cons

  Pros

  • Low credit score requirement
  • Fast access to funds
  • Variety of loans to choose from

  Cons

  • Limited information on website
  • High factor rates for some loan types
  • Documentation fee may apply

• Additional requirements

  What to know

  Eligibility requirements vary by loan type. Multiple loans may be unsecured up to $500,000. Equipment financing is available with a credit score of 550, no down payment required and no annual revenue requirement for loans under $250,000. Interest rates for equipment loans range from 4.99% to 35%.

  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:3 months

  Minimum business annual revenue:$96,000

Bank of America: Best for LLC bank loans

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

Starting at $10k

Term: 6 - 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 9.50%

Fastest funding

1 business day

Read our review

on Bankrate

• Pros and cons

  Pros

  • Free business credit score
  • No collateral needed
  • Low interest rates

  Cons

  • Requires good credit
  • Slow application process
  • Limited access to online application

• Additional requirements

  What to know

  Applicants with a Bank of America Online Banking ID can apply online. Otherwise, you’ll have to make an appointment by calling or using the online scheduler to connect with a business lending specialist. Loans are available in all 50 states and Washington, D.C. There is a $150 origination fee.

  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.

  N/A

  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

Live Oak: Best for SBA loans

3.0

Bankrate Review

Hover to learn more about our Bankrate scores.

Bankrate Score = 3.0/5
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

$115k-$15M

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.

Not disclosed

Fastest funding

Not disclosed

Read our review

on Bankrate

Disclosures

Disclosures:

• Maximum interest rate based on limits set by SBA for variable loans

• Pros and cons

  Pros

  • Offers SBA 7(a) and SBA 504 loans
  • SBA Preferred Lender
  • No prepayment penalties on select loan products

  Cons

  • Extensive application process
  • Limited information on website
  • No online access to loans

• Additional requirements

  What to know

  Live Oak offers SBA 7(a) and 504 loans up to $5 million with loan terms of up to 25 years. The lender is an SBA Preferred Lender and may be able to provide loans 3 to 4 weeks faster than non-Preferred lenders. You’ll need to connect with a lending expert to learn more about the eligibility guidelines and start the loan application process. 

  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.

  N/A

  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:N/A

  Minimum business annual revenue:N/A

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