Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Crestmark Bank business loans

Last updated:  

No-frills financing for high-risk industries — though you won’t find much information online.

  • Best for business owners in high-risk industries who want a one-stop shop for a variety of funding solutions.
  • Pick something else if you want in-person support and don't live in one of the five states it has branches.


First, do I qualify?

Qualifications vary depending on the type of loan you’re applying for, though Crestmark Bank doesn’t disclose what these are online.

Generally speaking, you’ll need the following to begin the application process:

  • Completed online or in-person application
  • Accounts receivable (A/R) aging
  • Accounts payable (A/P) aging
  • Articles of incorporation
  • Company customer list
  • Your customer’s financials
  • A sample of three invoices, including a purchase order of contracts
  • Purchase orders from your five largest customers

What makes Crestmark Bank unique?

Crestmark Bank provides working capital to dozens of manufacturing, business-to-business, service, and distribution industries — some not generally served by many other lenders.
You can use the funds for everything from expansion and restructuring to refinancing. It also helps with risk management and credit analyses.
However, Crestmark Bank doesn’t provide APRs, terms, fees or eligibility criteria on its website. For that information, you’ll have to call 888-999-8050 and speak with one of its business loan reps. And, even at that, there’s a different department for each loan type.


  • Wide range of funding solutions
  • 24-hour turnaround to fund invoices
  • Online application and funding
  • Don’t have to be a Crestmark Bank customer to qualify


  • Takes a full day to approve your application
  • Have to wait seven to 10 days to get your funds for a business loan
  • Physical branches in only five states
  • Doesn’t disclose fees, APRs, terms or eligibility requirements online
  • Customer service may not return calls

Compare other business loan options

Updated February 28th, 2020
Name Product Filter Values Min. Amount Max. Amount Requirements
LoanBuilder, A PayPal Service Business Loans
Annual business revenue of at least $42,000, at least 9 months in business, personal credit score of 550+.
Customizable loans with no origination fee for business owners in a hurry.
First Union Lending Unsecured Long-Term Business Loan
450+ credit score, 1+ year in business, $25,000+ monthly revenue, no open bankruptcies
Unsecured funding and more for all credit types.
National Business Capital Business Loans
Your company must have been in business for at least 6 months and have an annual revenue of at least $100,000.
Get a large business loan to cover your financing needs, no matter what the purpose is.
OnDeck Small Business Loans
600+ personal credit score, 1+ years in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
BlueVine Business Loans
6+ months in business, $10,000 in monthly revenue, 600+ personal credit score.
Get approved for a business loan in as little as 5 minutes. Applications won't affect your credit score.
First Down Funding business loans
Varies by type of loan
Alternative financing up to $300K with highly competitive rates.
Kabbage Small Business Line of Credit
1+ years in business, $50,000+ annual revenue or $4,200+ monthly revenue over last 3 months
A simple, convenient online application could securely get the funds you need to grow your business.
Become Business Loan Marketplace
12+ months in business and $10,000+ monthly revenue
Compare loan offers from top lenders using this marketplace. It’s free & won’t affect your credit.
Sheer Funding Business Loans
6+ months in business, 550+ credit score, $150,000+ annual revenue, eligible industry
Multiple financing options available for business owners with less-than-perfect credit scores.
Efundex long-term business loans
2+ years in business, 620+ credit score, not a sole proprietorship or nonprofit, strong financial history
Financing for high-risk industries with transparent rates and terms.
Lendio Business Loan Marketplace
Must operate a business in the US or Canada, have a business bank account and have a personal credit score of 560+.
Submit one simple application to potentially get offers from a network of over 75 legit business lenders.

Compare up to 4 providers

How do I apply?

To apply for a business loan, you can fill out an online application or visit one of Crestmark Bank’s branches. Follow these steps to get started online:

  1. Visit the Crestmark website and scroll down to the contact form.
  2. Enter your personal information, company description, average monthly sales, average A/R balance and how you found Crestmark.
  3. Click Submit.

Once you submit the form, a Crestmark Bank representative should be in contact with you shortly.

How do repayments work?

Repayments vary by the type of financing you opt for. Most business term loans are paid back monthly over a set period of time, which should be outlined in your contract. However, some financing solutions, like factoring or accounts receivable financing, might be paid back weekly, biweekly or even daily.

If it’s an option, ask to sign up for automatic payments. This way, it’s one less thing you have to worry about. Some lenders even offer an interest rate discount for this. Keep an eye on your bank account and loan balance. If you notice anything off, reach out to Crestmark Bank as soon as possible.

Want to compare other lenders before deciding? Check out our guide to business loans where you can weigh your options to find the right loan for you.

Expert review

Kathryn Pomroy

Review by

Kathryn Pomroy is a writer at specializing in loans. She has written for dozens of major publications, small businesses and many well-known personal finance companies, including LendingTree, Money Crashers, Quickbooks/Intuit, BankRate, LendEDU and more. Kathryn holds a BA in Journalism and drinks super bold coffee while eating peanut butter and honey toast. Yum.

Expert review

Crestmark Bank is the commercial financing division of MetaBank. It’s ideal if you’re in a high-risk industry like insurance, manufacturing or staffing and have struggled to qualify with traditional lenders.

It provides a wide range of financial solutions, including SBA and startup loans, lines of credit, term loans and asset-based lending. You can also tap into accounts receivable financing, factoring, vendor and equipment financing and more.

But if you prefer to do your business banking in person and don’t live in Michigan, Florida, Tennessee, Louisiana or California, you’re out of luck — those are the only states it has physical branches.

You also won’t find much information available online, which can be frustrating — especially when you’re shopping around. I even tried calling and speaking with a business loan representative three times to no avail. Each time, I left my number and they said someone would call me back, but they never did. If responsive customer service is important to you, you should probably look elsewhere.

Not sold on Crestmark Bank? Compare other business loan options below.

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site