Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

Compare sites like Biz2Credit

A secure business lender connection platform that could help you get up to $6,000,000 to finance your small business.

Pros

  • Network of legit business lenders with a wide variety of financing options.
  • Fast funding options available.

Cons

  • Not a direct lender.
  • $250 – $400 underwriting fee if you accept a loan their platform.
  • Typically requires good personal credit.

Looking for a direct lender for your small business loan?

Kabbage

Kabbage small business loans


4.4 / 5
★★★★★

Get access to ongoing funds for your small business with a Kabbage line of credit of up to $250,000.

Pros
  • Link your business accounts for added convenience when applying.
  • Borrow only what you need and pay it back on your own schedule.
  • Three ways to withdraw funds: online, mobile app, and card.
Cons
  • Monthly fee could be as high as 10% of the borrowed amount.
  • Business must have minimum monthly revenue of $3K
Loan amount$2,000 – $250,000
APRN/A
Min. Credit ScoreNo set minimum
Loan Term6-month term: 0.25% to 3.50%
12-month term: 0.25% to 2.75%
18-month term: 0.25% to 2.50%
Requirements1+ years in business, 640 minimum credit score, a valid checking account and $3,000 minimum monthly revenue

OnDeck

OnDeck short-term loans


4.6 / 5
★★★★★

OnDeck offers term loans of up to $250,000 and lines of credit of up to $100,000 with fast application processing and funding.

Pros
  • Fast application, approval and funding process.
  • Available in all 50 states.
  • Loyalty benefits for returning customers.
Cons
  • Business revenue of $100,000+ per year required.
  • Some industries not eligible for a loan.
Loan amount$5,000 – $250,000
APR29.9% to 99.9%
Min. Credit Score625
Loan Term3 to 24 months
Requirements625+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account

LendingClub Business Loans

LendingClub business loans


4.5 / 5
★★★★★

Offering fixed-rate loans of up to $500,000, your business can get the affordable financing it needs.

Pros
  • Prepay without penalties.
  • Fixed interest rate.
  • Quick approval.
Cons
  • Lien required for higher amounts.
  • Check fee of $7 per payment.
  • Not for new businesses.
Loan amount$5,000 – $500,000
APR12.15% to 29.97%
Min. Credit ScoreFair or better
Loan Term12 to 60 months
Requirements12+ months in business, $50,000+ in annual sales, no bankruptcies or tax liens, at least 20% ownership of the business, fair personal credit score or better

SmartBiz SBA Loans

SmartBiz business loans


4.5 / 5
★★★★★

Looking to grow your business? You could qualify for up to $5,000,000 with a low interest rate, longer term SBA loan.

Pros
  • Prequalify in minutes.
  • Quick turnaround for smaller loans.
  • Long repayment terms.
  • Connects you with multiple options.
Cons
  • Fee for prepayment.
  • Longer turnaround time for large loans.
  • Good personal credit required.
  • Restrictions on how funds can be used.
Loan amount$30,000 – $5,000,000
APR7% to 9.25%
Loan Term10 to 25 years
Requirements660+ personal credit score, US citizen or permanent resident, 2+ years in business, $50,000+ annual revenue, no outstanding tax liens, no bankruptcies or foreclosures in past 3 years

Wise Business Loans

Wise business loans

Qualify for a business loan of up to $2,000,000, even if you have bad personal credit.

Pros
  • Fast turnaround, with minimal paperwork required.
  • No prepayment penalty.
  • Apply with a low personal credit score, even in the 500s.
Cons
  • No pre-approval.
  • Daily loan repayment could eat into cash flow.
  • High rate of loan renewals, which could indicate inability for borrowers to repay high rates.
  • $100,000+ minimum annual revenue required.
Loan amount$10,000 – $2,000,000
Requirements1+ year in business, $100,000+ annual revenue, 500+ credit score

See how other top providers compare to different lenders by checking out A-to-Z directory.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com 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.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site