LendingTree is a platform that helps borrowers quickly identify the financing solution they require. The company facilitates an instant comparison of several business loan providers showing different options and a wide range of credit and financing solutions. Although LendingTree is not directly a lender, customers can narrow down the available choices and select the right loan to match their needs.
OnDeck offers small business loans and lines of credit. This lender stands out by getting money in your account in as little as the same business day. OnDeck has a low minimum credit score requirement, but it’s important to note that with OnDeck, you’ll need to back your loan with a business lien and personal guarantee.
Biz2Credit is a small business loan funding provider that connects you with term loans, startup funding, and commercial real estate loans. The company offers a simple and fast application process and its loans are typically approved within 24 hours.
If you’re seeking to expand your business or have been hit by an unforeseen expense, Rapid Finance offers multiple financing options for borrowers across industries. The company operates a simple, transparent application process and your funds could be available as soon as the same day.
BlueVine provides fast financing solutions for small businesses in need of working capital. With flexible loan amounts up to $250,000 and simple invoice factoring options, the company is a viable alternative to traditional lenders. Fewer fees, short terms, and automatic payment options make BlueVine an accessible choice for many small businesses.
Headway Capital is an online lender providing credit to small business owners. Built around the principle of flexibility, the Chicago-based company offers loans between $5,000 and $100,000, with 12, 18, or 24 month repayment terms. Revolving lines of credit also enable business owners to draw funds (up to their available credit limit) when they need to, without having to reapply for credit.
Torro offers five types of business funding for new and existing companies, including startup funds, working capital loans, and merchant cash advances. The application process is simple, approval is fast, and funding is usually received within 48 hours. After gathering your basic personal and business information, Toro’s automated matching process connects you to a selection of suitable lenders.
Since 1999, National Funding has supported business owners by lending them over $2 Billion to boost their growth. Over the years, National Funding has become one of the nation’s most reputable business lenders by catering to the specific needs of each business, providing funds quickly, and offering early payoff discounts. When borrowing from National Funding, businesses are creating a lasting partnership with professionals in the industry.
Fundera was founded in New York in 2014 as an alternative to traditional bank loans. Conventional financing is often expensive and out of reach for small or newly established businesses.
Credibly is a dedicated business lender and marketplace catering mainly to small and medium businesses. Over the years, it has provided more than $1 billion in funding to American businesses. Credibly exists primarily to provide working capital loans, business expansion loans, and merchant cash advances. In addition, it offers a range of alternative funding options such as lines of credit, equipment financing, invoice factoring, and SBA loans.
Funding Circle is a direct to small-business lender founded in 2010. Since its inception, the company has lent over $15 billion to more than 100,000 small businesses. Funding Circle offers small businesses flexible business term loans with affordable monthly payment options and competitive rates. The lender offers online applications and can make a funding decision in just 24 hours. Funding Circle has a 4.5-star rating with Trustpilot.
Fundbox offers a revolving line of credit up to $150K for new businesses. You only need $50K in annual revenue and 3 months of invoicing history to qualify for a loan. The application process is entirely online and only takes a few minutes, and you can get money as soon as the next business day.
First Down Funding is a small business lender that offers loans and working capital ranging from $4,000 to $300,000. You can apply online in just a few minutes and get money in your bank account within 2 business days. The company works with new businesses with just a few months of history and owners with poor credit. First Down Funding charges a flat fee for your loan rather than an interest rate and doesn’t charge prepayment penalties.
SuperMoney connects you to personalized business loans from the top lenders. Whether you have an LLC, small business, or large business, you can receive funding for a variety of business needs. SuperMoney started off as a financial services comparison website in 2013 and has become a leader in the field.
Fora Financial helps businesses find access to capital through small business loans and merchant cash advances. With excellent service for small businesses of most standings, it's a great option if you're looking for quick funding.
LoanMe provides working capital, fixed payback, and Prime loans to small businesses with less-than-perfect credit, and offers predictable fixed payments. Quick approval and cash transfer can keep your business going in an emergency, but high interest rates may offset the benefits of fast funds.
Kickpay offers business financing based on the sales that e-commerce businesses expect to have over the next 16 weeks. Instead of using complex financial statements and projections to determine how much money to lend, Kickpay lends money based on the amount of inventory the business ships over the next 16 weeks. Businesses do not pay interest expense on the amount borrowed; instead, they pay a flat fee of 3-7%.
Seek Business Capital is a lending marketplace for small businesses, offering loans of as little as $10,000 all the way up to $150,000. With an easy application process and funds for a variety of needs, it’s a good option for any small business in search of funding.
SmartBiz helps your small business navigate the SBA process by checking whether you prequalify and by matching you with a lender. Because SmartBiz only works with companies that have solid finances and good credit histories, its lending partners tend to offer low interest rates. Plus, the company can speed up the SBA loan process so your business can get the money it needs within a few weeks.
Reliant Funding is a smart choice for small businesses looking for a short-term loan, merchant cash advances or equipment financing solutions. The quick and simple application process helps businesses needing to balance cash flows or exploit a growth catalyst receive approval in just a few hours.
LendingClub is one of the most flexible lenders on the market. The company offers an online application process that can be finished in minutes, funding issued within a few days, and manageable, pre-agreed monthly payment schedules.
By providing access to highly customizable short-term business loans, LoanBuilder, A PayPal Service, offers borrowers the freedom to design loans according to their needs and specific circumstances. It may be an excellent choice for businesses needing access to short-term cash injections and the flexibility to choose unique repayment solutions with weekly payments.
Credibility Capital is a great choice for many small or medium sized businessed. The loan terms are designed for shorter term loans, with autopay. Credibility has an outstanding customer service system in place, with a call line guaranteeing response within 1 day. The top feature is excellent rates, competitive for the industry.
Kabbage provides credit lines to businesses that need help covering expenses. Once approved, borrowers have instant access to funds and can draw on the approved amount at will. Kabbage lays out clear terms, and there are no hidden fees. Loans are structured as credit lines, and the Kabbage Card ensures easy and instant access to funds.
Plastiq enables you to pay any bill using your business credit card. Have a vendor that only accepts bank transfers? You can pay with your credit card and Plastiq will send out a check on your behalf. The benefit is that you don’t need to have cash on hand to fund transactions, making cash flow easier. Plastiq charges a 2.85% fee per credit card transaction and 1% per debit card transaction.
QuickBridge is a marketplace alternative lender who offers a variety of business loans to small businesses. They offer a streamlined online application process and boast both fast approvals and quick funding once your loan is approved. They offer a variety of loan types and serve small businesses across a number of industries.
Credible is a free online personal loan brokerage service perfect for anyone with a high credit rating looking to consolidate debt, finance a major purchase, or open a business.
Marcus, a new personal loan provider by Goldman Sachs, offers loans that are fee-free and can be tailored to suit each individual customer. Fast funding is also a crucial component of the Marcus strategy, and many Marcus customers receive funds in as little as 3 days.
SoFi’s low interest rates and dedication to customer education make it a top choice when it comes to getting a personal loan. It’s an excellent alternative for young professionals who are looking to build their credit through responsible borrowing, as well as aspiring homeowners or those seeking to refinance loans with unfavorable terms.