PayPal Business Loans Review: Fast, Short-Term Funding (2026)
PayPal business loans isn't available on Finder right now.
- Min. Amount
- $5,000
- Max. Amount
- $300,000
- APR
- Charges a fixed loan fee (amount not disclosed)
Our verdict
PayPal’s short-term business loans offer speed and simplicity, but strong-credit borrowers may find cheaper options elsewhere.
PayPal business loans and LoanBuilder loans offer fast, short-term financing to companies with at least nine months in business and $33,300 in annual revenue. They are essentially the same product, except PayPal business loans offer higher loan amounts and require a PayPal business account. Funds arrive as soon as the next business day, but effective APRs may be high, and weekly repayments are required.
Pros
-
Only need to be in business for nine months
-
Low $33,300 annual revenue requirement
-
Funding as soon as the next business day
Cons
-
Effective APRs may be high
-
Weekly repayments required
-
No savings for early repayment
Is PayPal legit?
Yes, PayPal is a legitimate business loan provider, though technically, it’s not a lender. Like many online loan providers, the loans are funded by a different financial institution. In the case of PayPal, its loans are funded by WebBank, which is a member of the FDIC, meaning it meets federal standards.
As an online payment processor, PayPal takes precautions to make sure your transactions are protected, like encrypting its online forms. Its website follows industry standard protections to keep your and your business’s information safe from hackers.
What makes PayPal business loans shine?
- Lower time-in-business requirement. Some businesses may qualify with as little as about nine months of operating history, which is less than many banks and traditional lenders allow.
- Modest revenue requirements. Its revenue requirement of just $33,300 is much lower than what banks and online lenders require, making this option more accessible for smaller or newer businesses.
- Simple, fully online application. You can complete the entire process online in just a few minutes.
- Fast access to funds. Once approved, funds can be deposited as soon as the next business day, which can help cover short-term needs quickly.
- No origination fees. Unlike most business lenders, PayPal doesn’t charge a loan origination fee.
- Higher borrowing limits for repeat customers. Businesses that successfully repay a loan may qualify for larger loan amounts on future applications.
Where PayPal business loans fall short
- High effective borrowing costs. Although the loan uses a fixed fee instead of interest, short repayment terms can result in an effective APR that’s much higher than many bank and online loan options.
- Weekly repayments can pressure cash flow. Fixed weekly payments leave little flexibility and may be difficult for businesses with seasonal sales or uneven revenue.
- Short repayment terms. Repayment periods generally top out at around one year, which can limit flexibility compared with lenders that offer longer terms.
- No benefit for early payoff. Paying the loan off ahead of schedule doesn’t lower the total cost since the lending fee is fixed.
- Personal guarantee required. Borrowers must personally guarantee the loan, which is common for short-term business financing. However, some lenders offer options that don’t require a personal guarantee.
- Mixed customer feedback. Reviews of PayPal frequently mention difficulty resolving issues and poor customer support, which can be a concern even if they’re not specific to its business loan products.
PayPal business loan details
| Loan amounts |
|
| Terms | 17 to 52 weeks |
| APR | Charges a fixed loan fee (amount not disclosed) |
| Turnaround | As soon as the next business day |
| Minimum credit score | Not disclosed |
| Other requirements |
|
| Fees |
|
| Availability | Not available in: North Dakota, South Dakota |
PayPal contact information
| Phone number | 800-941-5614 |
| Customer service hours | Weekdays: 8 a.m. to 6 p.m. ET |
| Online | Use PayPal’s Message Center |
| service@paypal.com | |
| X, formerly Twitter | @PayPal |
| @PayPalUSA |
How to qualify for PayPal business loans
You and your business must meet the following requirements to qualify for a PayPal business loan.
- PayPal business account
- At least $33,300 in annual revenue
- At least nine months in business
If you don’t have a PayPal business account, apply for a PayPal LoanBuilder loan instead. It’s practically the same product as PayPal’s business loans, only with smaller loan limits and no business account required.
How to apply
You can apply online by following these steps.
- Go to the PayPal business loans or LoanBuilder website and select Apply Now or Check eligibility. If you’re applying for a PayPal business loan, you’ll be prompted to sign into your PayPal business account.
- Fill out the form with basic information about yourself and your business. Read the terms and conditions before choosing Continue.
- Follow the directions to complete forms with more details about yourself and your business and to verify your identity.
- Review the application before submitting it to PayPal.
- Look over the terms once you’re approved, then sign the offer if you agree. Funds should arrive by the next business day.
How PayPal business loans compare to other lenders
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseWhat is the Finder Score?
The 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.
PayPal reviews and complaints
| BBB accredited | Yes |
|---|---|
| BBB rating | B+ |
| BBB customer reviews | 1.11 out of 5 stars, based on 1,710 customer reviews |
| BBB customer complaints | 30,715 customer complaints |
| Trustpilot Score | 1.3 out of 5 stars, based on 36,389 customer reviews |
| Customer reviews verified as of | 07 January 2026 |
PayPal has many negative online reviews, but the majority relate to its general payment services, not experiences with its business loans. The issues customers complain about most are poor customer service, accounts closing without warning, allowing fraudulent charges and failure to resolve disputes. The few who leave positive reviews — only 9% of customers on Trustpilot — say they’ve used PayPal for years with zero incidents and always use it to make payments.
What do people on Reddit say?
Redditors mention how easy it is to apply and how quickly funding is received. A couple of people warn that effective APRs are high, but otherwise, they had a good experience with PayPal business loans.
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Christi Finder
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