7 Best Business Loans for LLCs in 2026

Whether you’re an established LLC or a newer company building credit, nearly every major business lender will work with a limited liability company. The real question is which lender fits your situation — your credit, revenue, how fast you need funds and how much you need to borrow.

Best LLC business loans

• Best for SBA and non-SBA options: Fundera business loans
• Best marketplace: Lendio business loans
• Best for lines of credit: Bluevine business lines of credit
• Best for fast funding: OnDeck short-term loans
• Best for startups and new LLCs: Fundbox term loans
• Best for large loan amounts: Fundible
• Best direct lender for working capital: National Funding business loans

Finder Score	Loan amount	Loan term	APR
Best for SBA and non-SBA options
9.5 Excellent Fundera business loans	9.5 Excellent	$2,500 – $5,000,000	Varies by lender	Varies by lender	Go to site View details Compare product selection Compare	loading	Why we like it Fundera, a NerdWallet company, is a lending marketplace that connects LLC owners with vetted business lenders. It's especially useful for LLCs exploring SBA loans alongside faster non-SBA options — Fundera's advisors help guide borrowers through SBA eligibility and can match them with SBA Preferred Lenders. Products include SBA 7(a) loans, term loans, lines of credit, equipment financing and invoice factoring. Free to apply and only requires a soft credit check to browse offers. Pros & cons Pros Specialist guidance for navigating SBA loan options Wide range of loan types Free to apply; soft credit check only Strong customer reviews for advisor support Cons Not a direct lender — rates and terms set by partners SBA loan approval and funding can take 30–90 days Not every applicant will receive a match
Best marketplace
9.6 Excellent Lendio business loans	9.6 Excellent	$1,000 – $10,000,000	Varies by lender	Varies by lender	Go to site View details Compare product selection Compare	loading	Why we like it Lendio is a lending marketplace, not a direct lender, connecting LLC owners with 75+ partner lenders through one free application. It covers the widest range of financing types on this list, including SBA loans, term loans, lines of credit and equipment financing. Minimum requirements for most products include six months in business, a 520+ credit score and $8,000 in monthly revenue, though partner lenders may require more. Pros & cons Pros One free application reaches 75+ lenders Widest range of loan types, including SBA loans Works with lower credit scores and newer businesses Loan specialist assigned to help review your options Cons Not a direct lender — rates won't be disclosed until you're matched Some users report post-application marketing calls and communication issues Certain restricted industries may not qualify
Best for lines of credit
8.6 Great Bluevine business lines of credit	8.6 Great	$5,000 – $250,000	Not listed	Not listed	View details Compare product selection Compare	loading	Why we like it Bluevine is a fintech company — not a bank — specializing in business lines of credit. It explicitly requires your business to be structured as a corporation or LLC (sole proprietors are not eligible). Qualify with a 625+ FICO score, 12+ months in business and $10,000 in monthly revenue. No origination, draw or maintenance fees. Funding is instant with a Bluevine Business Checking account, or within a few hours via a $15 wire. Not available in Nevada, North Dakota, South Dakota or US territories. Issued by Celtic Bank. Pros & cons Pros Explicitly available to corporations and LLCs Rates start at 7.8% — competitive for online lenders No origination, draw or maintenance fees Credit decisions in as little as 5 minutes Cons Not available to sole proprietors or in all 50 states Terms max out at 12 months; weekly repayments required on some plans APR can be significantly higher than the advertised simple interest rate
Best for fast funding
9.2 Excellent OnDeck short-term loans	9.2 Excellent	$5,000 – $400,000	12, 18, or 24 months	Not listed	View details Compare product selection Compare	loading	Why we like it OnDeck is a direct online lender offering term loans and lines of credit with some of the fastest funding times available. Same-day funding is available on qualifying term loans, and line of credit draws can be delivered instantly via debit card. OnDeck also reports to Experian Business, which helps LLCs build credit over time. Not available in North Dakota. Pros & cons Pros Same-day funding available on qualifying term loans Instant draw access via debit card on lines of credit Reports to Experian Business — helps build LLC credit Reduced fees and rates for repeat borrowers Cons APRs can be high — average rates reported well above 40% Maximum repayment term of only 24 months on all products $20/month maintenance fee on lines of credit
Best for startups and new LLCs
Not scored yet Fundbox term loans	Not scored yet	Up to $250,000	12 or 24 weeks	Not stated	View details Compare product selection Compare	loading	Why we like it Fundbox offers revolving lines of credit with the lowest eligibility bar on this list. LLCs with as little as three months in business, $30,000 in annual revenue and a 600+ credit score may qualify. Fundbox uses AI-powered underwriting that analyzes your bank account and accounting software data alongside your credit report. Funding typically arrives within two business days. The Flex Pay feature gives you three extra days to repay any draw without fees. Pros & cons Pros Accepts LLCs with as little as 3 months in business Minimum revenue of just $30,000/year No origination, draw, maintenance or prepayment fees Credit decision in minutes; no hard pull to check offers Cons Short repayment terms only (12 or 24 weeks) Maximum line of $250,000 — lower than most competitors Weekly repayments required
Best for large loan amounts
9.8 Excellent Fundible	9.8 Excellent	$1,000 – $6,000,000	5 months to 10 years	Starting at 1% per month	View details Compare product selection Compare	loading	Why we like it Fundible is a lending marketplace connecting LLCs with lenders offering up to $6 million in financing — one of the highest limits available online. Products include term loans, lines of credit, SBA loans, equipment financing and invoice factoring. Minimum requirements include a 500+ credit score, $8,000 in monthly revenue and six months in business, though individual lenders may require more. Funds can be available within 24 hours, depending on the lender. Pros & cons Pros Access to up to $6 million through its lending network Wide range of loan types, including SBA loans Low minimum credit score Funding available within 24 hours, depending on lender Cons Not a direct lender — rates and terms set by partners Rates not disclosed upfront Origination fees may apply, depending on lender
Best direct lender for working capital
9.6 Excellent National Funding business loans	9.6 Excellent	$5,000 – $500,000	4 to 24 months (working capital); 2 to 5 years (equipment)	Not listed	View details Compare product selection Compare	loading	Why we like it National Funding is a direct lender with over 20 years in business and $4.5 billion funded to 75,000+ businesses. It offers working capital loans and equipment financing, with funding possible in as little as 24 hours. No hard credit pull is required to apply, and a dedicated Funding Specialist is assigned to each applicant. Early payoff discounts are available, but rates are not publicly disclosed. Pros & cons Pros Direct lender; 20+ years in business Funding in as little as 24 hours Dedicated Funding Specialist for your application No hard credit pull to apply; early payoff discounts available Cons Rates not publicly disclosed Short loan terms (12–18 months) — not suited for long-term needs Not available in New York for the XPRS product

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Methodology: How we chose these lenders

We evaluated lenders based on loan types and amounts, minimum credit score and revenue requirements, time-in-business thresholds, interest rates and fees, funding speed, customer reviews on Trustpilot and the Better Business Bureau (BBB), relevance to LLC business structures and nationwide availability.

We also reviewed which lenders consistently appear on top-ranking competitor pages for this keyword. All product details were verified against each lender’s own website.

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All responses are collected anonymously and used for internal data purposes only.

How to compare LLC business loans

When evaluating your options, compare these key factors:

• Eligibility fit. Check minimum credit score, time in business and revenue requirements against your current profile before applying.
• Loan type. Match the product to your need — a line of credit for ongoing cash flow, a term loan for one-time investments or an SBA loan for long-term growth at lower rates.
• True cost. Always ask for the APR — not just the simple interest rate, factor rate or weekly fee — to accurately compare borrowing costs.
• Funding speed. Online lenders can fund in 24 to 72 hours; SBA loans typically take 30 to 90 days.
• Direct lender vs. marketplace. Marketplaces let you compare multiple offers, but also add a step. Direct lenders move faster but offer fewer options.
• Personal guarantee. Most LLC loans require one, which can expose your personal assets if your business defaults — despite your LLC’s liability protections.

What is an LLC business loan and how does it work?

An LLC business loan is a standard business loan taken out by a business structured as a limited liability company. Most lenders don’t offer a separate product for LLCs, but nearly all work with this structure — and having an LLC can actually improve your odds with lenders that won’t work with sole proprietors.

Lenders evaluate your personal credit score, annual revenue, time in business and cash flow when making decisions. One important caveat: even though an LLC limits your personal liability, most lenders require a personal guarantee — meaning you remain personally responsible for repaying the loan if your LLC can’t.

Pros and cons of LLC business loans

Types of LLC business loans

How to qualify for an LLC business loan

Requirements vary by lender and loan type, but most business lenders look for:

• At least 6 to 12 months in business (banks and SBA lenders often require 2+ years)
• Minimum annual revenue from $30,000 to $250,000 or more, depending on the lender
• Personal credit score of 500–670+ (varies significantly by product)
• A business bank account in the LLC’s name
• No recent bankruptcies or active filings
• A personal guarantee from majority owners

How to apply for an LLC business loan

1. Define your needs. Determine how much you need and what it’s for. This helps narrow the right loan type.
2. Check your credit. Review your personal and business credit scores before applying.
3. Compare lenders. Use a marketplace like Lendio or Fundera, or go directly to lenders like Bluevine, OnDeck or National Funding.
4. Gather documents. Typically three to six months of bank statements, personal and business tax returns, a government-issued ID and your EIN. However, some lenders may offer no-doc loans for LLCs.
5. Apply and review. Many online lenders use a soft credit check to prequalify. Review any offer carefully — pay close attention to APR, fees, repayment schedule and personal guarantee terms before signing.

Alternatives to an LLC business loan

If you don’t yet qualify or want to explore other routes:

• Personal loans. These lump-sum loans can be used for most purposes and are typically unsecured. Most lending institutions offer personal loans, with amounts usually up to $50,000 or even $100,000. Rates run from 6% to 36%, with terms from two to seven years in most cases.
• Business credit cards. Business credit cards may be a great option for newer businesses looking to build a business credit score and get a flexible credit line.
• HELOCs. A home equity line of credit is a borrowing method that uses your home’s equity as collateral. Most lenders require at least 20% equity to qualify, and it offers a flexible way to borrow with variable interest rates. You may also want to consider a home equity loan if a lump sum loan makes more sense for your business.
• Business grants. If you’re a startup or a nonprofit business, consider looking into business grants. You don’t have to repay grants, so it’s a great way to fund a new business venture if you’re lacking capital. But grants tend to have strict eligibility requirements, and their availability is limited.

Frequently asked questions

• Do you need an LLC to get a business loan?

  No. Many lenders work with sole proprietors, partnerships and corporations, too. However, having an LLC may improve your chances with lenders that don't work with sole proprietors, and it helps build a separate business credit profile.

• Does a business loan hurt your personal credit if you have an LLC?

  Generally, no — business loan payments typically only appear on your business credit report. However, if you sign a personal guarantee and default, it can affect your personal credit and expose your personal assets.

• What credit score does an LLC need to get a loan?

  It depends on the lender. Fundbox accepts scores as low as 600, while banks and SBA lenders typically prefer 670 or higher. Marketplace lenders tend to offer more options for lower scores.

• Can a brand-new LLC get a business loan?

  It's difficult, but possible. Fundbox accepts LLCs with as little as three months in business, and marketplaces like Lendio and Fundible work with newer businesses, too. Expect higher rates and lower limits if you haven't yet reached one year in business.

• What is the difference between an LLC loan and a regular business loan?

  There is no structural difference. Lenders don't offer a separate "LLC loan" product. The term simply refers to a standard business loan taken out by an LLC.

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Lacey Stark

Writer

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Lacey Stark is a freelance personal finance writer for Finder, specializing in banking, loans, investing, estate planning, and more. She has 20 years of experience writing and editing for magazines, newspapers, and online publications. A word nerd from childhood, Lacey officially got her start reporting on live sporting events and moved on to cover topics such as construction, technology, and travel before finding her niche in personal finance. Originally from New England, she received her bachelor’s degree from the University of Denver and completed a postgraduate journalism program at Metropolitan State University also in Denver. She currently lives in Chicagoland with her dog Chunk and likes to read and play golf. See full bio

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Megan B. Shepherd

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Megan B. Shepherd is a personal finance expert and editor for loans and insurance at Finder. Her personal finance expertise has been featured on Forbes, Nasdaq, MediaFeed, Fox News, Time, Reviews.com, and carinsurance.com, adding invaluable information related to personal loans, financial strategies and smart borrowing tactics. Megan graduated from the University of Texas at Dallas with a BS in Business Administration with an entrepreneurial focus. She's worked as a certified financial adviser and has earned certificates of completion from A.D. Banker & Company. See full bio

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