Small Business Loans
Do you have a small business ready to be taken to the next step? Maybe, all that your business needs is access to funds: businesses need working capital in order to grow. Even though the path to obtaining financing and/or lines of credit for a business (regardless of its industry) has been difficult and full of ordeals due to macroeconomic issues, it is still possible to get a small business loan.
When you apply for a business loan, the very first thing the lender will take into account is the longevity of the business as well as the monthly income and/or sales. The total amount of funds for the approved loan will be directly related to these two characteristics. Please find below is a list of online lenders with a proven record in business loans.
| Lender | Description | Score | More |
|---|---|---|---|
|
OnDeckRates as low as 5.99%, with loans up to $500,000 and lines of credit up to $100,000 for companies with 1 year in business and credit score of 500+. |
Up to $500,000 |
|
 
|
LendioSeveral loan types from $1,000 up to $1,000,000 for all businesses with more than 6 months in business and $8,000 in gross monthly revenue. |
Up to $1,000,000 |
|
|
LendingClubPre-approval in 5 minutes with business loans up to $300,000, terms from 1 to 5 years and low fixed rates from 5.99% |
Up to $300,000 |
|
|
Capital CanalSmall business loans from $5,000 to $2,500,000 with terms from 3 months up to 10 years and APR as low 4.7%. |
Up to $2,500,000 |
|
|
Able LendingA new kind of peer-to-peer lending offering loans up to $1,000,000 from 1 to 5 years and APR from 8% to 25%. |
Up to $1000,000 |
