Loans like Lendio

Like Lendio, Lendzi is a business loans marketplace that lets you compare 60+ lenders with a single application and no hard credit check. While it's a relative newcomer to the business loans marketplace space, it gets high marks from customers for outstanding service.

Lendzi offers a wide range of long- and short-term loans and, unlike Lendio, doesn’t charge a funding fee for its service. It gets overwhelmingly positive reviews on Trustpilot, Google reviews and the Better Bureau website, which praise the company’s loan officers and service. But rates aren’t disclosed on its website.

Businessloans.com is a highly rated marketplace featuring a simplified form you can fill out in just a few minutes with no hard credit check. Unlike Lendio, there’s no minimum credit score requirement, although your loan options may be more limited if your score is below 500.

However, you won’t find any information about its partner network, and interest rates and fees aren't disclosed. And unlike Lendio, there’s no phone number to call if you need help. But if you're looking for a quick and straightforward way to search multiple lenders online, it's a good place to start your search.

Biz2Credit is a loans marketplace geared toward established businesses. It offers fast turnaround term and working capital loans starting at $25,000 and reaching up to $2 million. But you’ll need at least $100,000 in annual revenue to qualify, and it charges an underwriting fee if your loan goes through.

For business owners who stayed open during Covid, it offers Employee Retention Tax Credit (ERTC) loans that can help you access your tax credit funds faster. It also has a commercial real estate backed loan (CRE loan) up to $6 million that you can pay back in interest-only payments over three years.

LendingTree is a popular loans marketplace with a whopping 500 lending partners across its different categories. It partners with many of the top names in the business lending space and lets you easily compare loans with a single form – and doesn't charge funding fees if you get a loan though its service.

While it doesn’t disclose its eligibility requirements for business loans, it has a wide network of business lending partners, some of which may accept scores as low as 500. It states that it offers loans to cover small, medium or large expenses, so you’ll have a good chance of getting matched up if you qualify.

The GoKapital marketplace offers 15 types of short- and long-term loans, including SBA loans, term loans, lines of credit, merchant cash advances and more. And if you’re in a high-risk industry, you may have better luck finding funding through GoKapital than with Lendio.

GoKapital works with high-risk businesses, including cannabis, healthcare and construction. It also doesn't have any personal credit requirements for business owners, and you can get connected in as little as a few minutes — potentially getting funds in as little as one day.

Kiva is a non-profit microlender that offers small dollar, 0% APR crowdfunded loans to any credit type. But you'll have to have some support from friends — you're required to get at least 10 people you know to contribute to your campaign before it opens to the wider Kiva community.

If that's workable for you, it's one of the best deals in terms of rates. But it’s not the best option if you need cash sooner than later. Funding could take as long as 60 days from the time you submit your application.