Fundera business loans
Get connected with short-term funding, SBA loans, lines of credit and more.
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When your credit score is good — generally defined as 670 to 739 — it opens up a lot more business loan opportunities than what is available to borrowers with lower scores. And if your score is very good to excellent — 740 to 850 — you have the best chance of qualifying for the lowest rates. Of course, you’ll still need to meet the lender’s minimum revenue and time-in-business requirements as well.
The lenders we chose for our list have a wide range of loan options and competitive rates for borrowers with good credit scores.
9.6 Excellent
Lendio is a business loans marketplace, with multiple options for good-credit borrowers, including term loans, lines of credit, equipment financing and more. With a single application, you can get exposure to more than 75 lenders and some of the most competitive rates in the market. But some loan options are expensive, and marketplaces can open you up to a lot of loan solicitation
| Loan amount | $1,000 – $5,000,000 |
|---|---|
| APR | Varies by lender |
| Min. Credit Score | 580 |
| Loan amount | $1,000 – $5,000,000 |
|---|---|
| APR | Varies by lender |
| Min. Credit Score | 580 |
7.5 Great
Rapid Finance offers a range of short-term financing solutions, including merchant cash advances, business lines of credit and invoice factoring. And, while some of these options don't hinge on having good credit, it can certainly help you qualify for more competitive rates — especially for a line of credit. But not every type of funding is suitable for all businesses, it doesn't disclose rates and fees and some options may require weekly or even daily repayments.
| Loan amount | $5,000 – $1,000,000 |
|---|---|
| APR | Not stated |
| Min. Credit Score | 600 |
| Loan amount | $5,000 – $1,000,000 |
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| APR | Not stated |
| Min. Credit Score | 600 |
Huntington Bank is an SBA preferred lender, meaning the application is fully in-house, and it can get you funded faster than a non-preferred lender. It offers SBA 7(a), 504 and Express loans, with amounts reaching as high as $5 million and competitive rates, particularly if your credit is good to excellent. But it doesn't give many details about eligibility, revenue and credit requirements. And, despite its preferred lender status, SBA loans can still take weeks to process. If you need fast funding, you may want to explore other options.
| Loan amount | $5,000 – $5,000,000 |
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| APR | Varies |
| Loan amount | $5,000 – $5,000,000 |
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| APR | Varies |
8.6 Great
Bluevine offers business lines of credit (LOC) up to $250,000. And, unlike much of the competition, it doesn't charge set-up, maintenance, prepayment or account closure fees. It also offers competitive rates for good-credit borrowers, starting as low as 7.8%. But loan terms are shorter than some options — a maximum of 12 months — and you may be required to make weekly repayments.
| Loan amount | $5,000 – $250,000 |
|---|---|
| APR | Starting at 7.8% |
| Min. Credit Score | 625 |
| Loan amount | $5,000 – $250,000 |
|---|---|
| APR | Starting at 7.8% |
| Min. Credit Score | 625 |
8 Great
Wells Fargo caters to borrowers with good to excellent credit and offers business LOCs and SBA loans up to $15 million. It has competitive rates starting at the prime rate + 0.50%, and it offers both secured and unsecured options. But loans require either a personal guarantee or collateral, you need at least a 680 credit score to qualify — or higher, to qualify for the best rates — and rates can reach as high as 16.75%.
| Loan amount | $5,000 – $100,000 |
|---|---|
| APR | Prime + 0.50% to Prime + 9.75% |
| Min. Credit Score | 680 |
| Loan amount | $5,000 – $100,000 |
|---|---|
| APR | Prime + 0.50% to Prime + 9.75% |
| Min. Credit Score | 680 |
Finder’s editorial experts review dozens of business loan providers before selecting the best lenders for borrowers with good to excellent credit. We pick lenders with a range of loan options, good customer service and competitive rates. We also review each company’s Better Business Bureau (BBB) reviews and Trustpilot ratings.
We weigh lenders and financing companies against these factors:
Once you’ve found the type of business loan you need, compare these factors to find the lender that offers the best terms.
Good-credit business loans are virtually any type of business financing that will give you the most competitive rate based largely on your personal credit score — as long as you meet the other requirements, too, of course.
While borrowers with good credit have access to some of the widest range of funding options available, gearing your search toward traditional bank term loans or lines of credit can help you find the lowest rates and fewest fees. But it’s always worth a look at online lenders as well because some may beat bank rates, especially if your credit is excellent.
Consider these lenders that may have options for good-credit borrowers.
We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score crunches 12+ types of business loans across 35+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best business loans for startups loans, you can see how each business loan stacks up against other business loans with the same borrower type, rate type and repayment type.
Here’s a breakdown of the most common types of business loans, how much you can typically borrow and what they’re best for.
| Type | Typical loan amounts | Typical term lengths | Best for |
|---|---|---|---|
| SBA Loans | $13,000 to $5 million | Up to 25 years | Established businesses with decent credit that don’t qualify for other types of funding |
| Equipment financing | Up to 100% of the cost of the equipment | 3 to 10 years | Businesses that need heavy equipment or other expensive machinery |
| Term loans | Up to $5 million | 1 to 10 years | Businesses with good credit, looking for large loan amounts and predictable monthly payments |
| Business lines of credit | $2,000 to $250,000 | 6 months to 5 years | Businesses looking for immediate short-term funding or want a renewable lending source |
| Microloans | $500 to $50,000 | Up to 6 years | Startup businesses or women- or minority-owned firms |
| Invoice factoring | 70% to 90% of unpaid invoices | 1 to 3 months | Business-to-business (B2B) companies with a lot of outstanding invoices |
| Invoice financing | 70% to 80% of unpaid invoices | 1 to 3 months | B2B companies with a lot of outstanding invoices |
| Merchant cash advance | $5,000 to $200,000 | 3 to 12 months | Retail businesses or others that have a lot of credit card sales |
Lenders usually evaluate your credit score, revenue and how long you’ve been in business. You’ll typically need to exceed the lender’s minimum criteria to get the most competitive deal.
Follow these steps to apply:
Best financing options for trucking companies to cover licensing, new trucks, insurance, vehicle maintenance and more.
We look at eligibility requirements, potential costs, SBA options and more.
Compare $50,000 no-doc business loans for an expedited lending process.
Compare $5,000 business loans and what you need to qualify.
Compare different lenders to secure a $400,000 business loan with favorable terms.
Find a $40,000 business loan for your business and calculate the cost before you apply.
Buy real estate, another business or expand your enterprise.
You’ll have an easier time qualifying if you have strong credit and high revenue.
Find financing to grow your business — or even buy another.
Stay away from big banks for a loan of this size.