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Compare 7 business loans like PayPal Working Capital

The top alternative providers to PayPal Working Capital for business loans.

Short-term business loans with PayPal Working Capital are some of the fastest loans for PayPal-based e-commerce businesses. But it caps its no credit check loans at $150,000 for first-time borrowers and it’s for businesses that use PayPay to process their sales and have a PayPal business account history. If that doesn’t fit your needs, consider these alternatives instead.

7 loans like PayPal Working Capital

Alternative for lines of credit: Backd


4.4 / 5 ★★★★★

Backd offers lines of credit up to $750,000 to businesses that have been in business for at least one year with at least $100,000 in annual revenue. This limit is much higher than PayPal's maximum limit of $250,000 for repeat borrowers.

If you're approved with Backd, you can get funds as soon as one to two business days. With its lines of credit, you can pay back each draw with fixed monthly or weekly payments over 6 or 16 months. After you repay, the funds are available for you to draw from again.

  • High unsecured loan amounts
  • Low 600 credit score requirement
  • Relaxed requirements
  • Origination fee up to 3%
  • Not all industries qualify
  • Stricter eligibility requirements
Loan amount$10,000 – $2,000,000
Loan term6 to 16 months
Requirements1+ years in business, $100K+ annual revenue, 600+ FICO, business bank account, US based business

Alternative for comparing loans: Lendio

Lendio business loans

4.8 / 5 ★★★★★

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Lendio is a business loan marketplace connecting over 75 lenders to business owners. Lendio's partners offer a much wider range of loans and financing options than PayPal Working Capital, including SBA and term loans, cash advances, equipment financing, flexible lines of credit and more.

Just fill out a single online form with your information to get connected with multiple lenders. Depending on the loan type, some lenders may even work with credit scores as low as 500. But be prepared to receive a large number of marketing calls and emails afterwards.

  • Network of 75+ lenders
  • Wide range of financing options
  • Options for poor credit
  • Not a direct lender
  • Fees and rates vary by lender
  • Marketing communications may continue
Loan amount$1,000 – $5,000,000
APRStarting at 3%
Min. Credit Score500
Loan term3 months to 25 years
RequirementsOperate business in US or Canada for 6 months or more, have a business bank account, minimum 500 personal credit score, at least $20,000 in monthly revenue

Alternative for fast funding: OnDeck

OnDeck short-term loans

4.6 / 5 ★★★★★

Unlike PayPal, OnDeck offers two types of loans: term loans and lines of credit (LOC). Depending on the state, its term loans and lines of credit can be funded as soon as same-day. But rates can run high, with an average term loan rate of 60.9% APR and an average rate of 52.6% APR for its LOCs.

To qualify, your business must have been operating for at least one year with $100,000 in annual revenue. But you only need a minimum credit score of 625 to qualify, and there are no prepayment penalties on its term loans or draw fees on its line of credit (LOC), which can help you save.

  • Low-doc application
  • Same-day funding possible
  • No prepayment penalties or draw fees
  • Potentially high APRs
  • Weekly repayments on LOC
  • Not available to all industries
Loan amount$5,000 – $250,000
APRAverage is 60.9%
Min. Credit Score625
Loan term3 to 24 months
RequirementsCompanies in business at least 1 year, $100,000+ in gross annual revenue, majority owner with a 625+ personal credit score, active business checking account

Alternative for SBA loans: SmartBiz

SmartBiz business loans

4.5 / 5 ★★★★★

SBA term loans provide longer term funding than PayPal, with repayment terms up to 25 years and competitive rates. With SmartBiz, you can speed up the SBA application process by filling out a single form and getting matched with multiple banks and online lenders that offer SBA loans.

SBA loans through SmarBiz typically take just one month for funding, instead of the regular two to three month waiting period for SBA loans. Prequalification takes a few minutes, but the process isn't free: SmartBiz charges a 2% referral fee and 2% packaging fee if your loan is approved.

  • Help with SBA loan applications
  • Online prequalification available
  • Good customer reviews
  • Up to 4% in fees
  • Minimum loan amount is $30,000
Loan amount$30,000 – $500,000
APRPrime Rate, plus 2.75% to 3.75%
Loan term10 years
Requirements650+ credit score, 2+ years in business, $50,000+ in annual revenue, no bankruptcies or foreclosures in past 3 years

Alternative for merchant cash advances: Credibly

Credibly business financing

3.8 / 5 ★★★★★

Offering advances up to $400,000 and with a factor rate of 1.11, Credibly is one of the less expensive options out there for merchant cash advances. If you're approved, you can get funds as soon as 24 hours after approval and repay the advance from your future sales.

However, it has a $15,000 monthly minimum revenue requirement, which is higher than PayPal's $15,000 annual requirement – but you're not restricted to advances based on PayPaly sales. Credibly comes highly rated by past customers and only requires a 500 credit score to qualify.

  • Same-day funding available
  • Requires only 6 months in business
  • Low credit score requirement
  • Doesn't disclose remittance percentage
  • Admin fee of $50 per month
Loan amount$5,000 – $400,000
APRNot applicable
Loan term3 to 15 months
Requirements6+ months in business, $15K+ in monthly deposits, 500+ credit score, Need business bank account

Alternative for equipment financing: National Funding

National Funding business loans

4.6 / 5 ★★★★★

National Funding offers new and used equipment financing and leasing up to $150,000 through its network of lending partners. It funds up to 100% of the equipment cost with no down payment required, which means you can save your cash for other purposes.

It also guarantees you won't find a lower monthly lease payment elsewhere, or it pays $1,000 toward the equipment lease. National Funding advertises fast approvals and funding in as soon as 24 hours, with early payment discounts and excellent customer reviews.

  • Quick turnaround funding
  • No down payment required
  • Highly rated by customers on Trustpilot
  • Low maximum loan amount
  • Rates not advertised
Loan amount$5,000 – $500,000
APRStarting at 6.25%
Min. Credit Score600
Loan term24 to 60 months
RequirementsIn business 6+ months and make at least $250,000 in annual sales. Other loan types have additional requirements.

Alternative for startups: Finance Factory

Finance Factory business loans

4.1 / 5 ★★★★★

Startup financing can be harder to find, but with Finance Factory, you can search multiple starting financing options with a single form. Entrepreneurs can find a range of loans and financing options between $5,000 and $350,000 that can be used to fund a new business.

While it's not a direct lender, it's transparent about its terms and rates, with APRs ranging between 0% and 15%. But you may need good to excellent credit to qualify with Finance Factory, and funding can take a few weeks.

  • Multiple options for startups
  • Transparent with rates
  • Award-winning support team
  • Not a direct lender
  • Few options for fair or bad credit
  • Funding may take longer than other lenders
Loan amount$5,000 – $350,000
APR0% to 15%
Loan termUp to 7 years
Requirements600 to 800 credit score, no required years in business or monthly cashflow, though $1,000 to $5,000 monthly is preferred

How does PayPal Working Capital compare?

PayPal Working Capital is a business loan based on your PayPal business account history that you repay with a share of your PayPal sales. Eligibility requirements are much lower than with other types of loans. There’s no credit check and you only need $15,000 in annual PayPal sales to qualify.

Loan amounts are flexible, and can be as little as $1,000 or as high as $250,000 for repeat borrowers. Repayments come out of your sales, and you choose how much of a percentage for PayPal to deduct. But rates can run high and it’s only for PayPal customers, making it more limited than other types of business loans. However, you’ll want to compare the best working capital loans to find the best deal.


  • No credit check
  • Get approved in seconds
  • Low minimum loan amount


  • Fees not disclosed
  • For PayPal business customers only
  • Non-PayPal revenue doesn’t count
  • Can’t save by repaying loan early because of fee structure

Compare business loans

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Name Product Filter Values Min. Amount Max. Amount APR Requirements
Lendio business loans
Finder Score: 4.8 / 5: ★★★★★
Lendio business loans
Starting at 3%
Operate business in US or Canada for 6 months or more, have a business bank account, minimum 500 personal credit score, at least $20,000 in monthly revenue
Submit one simple application to potentially get offers from a network of over 75 legit business lenders.
Finder Score: 4.9 / 5: ★★★★★
Rates start at 1% per month
500+ FICO score, $200,000 annual revenue, 6 months in business, most recent business bank statements
Same day approval
Finder Score: 4.7 / 5: ★★★★★
Starting from 3.9%
525+ credit score, one year in business, at least $50,000 annual revenue
Compare lending options and get funded fast.
Finder Score: 4.4 / 5: ★★★★★
Varies by loan type and lender
Must have been in business between 1 to 2 years, have a minimum revenue of $75,000 to $250,000 and have a minimum credit score of 500 to 650.
Complete a three-minute form to see loans that fit your business’s needs. Compare offers without a hard credit check.

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