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Business Loan

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Small Business Loans

Explore Your Lending Options

Business loans are available to cover startup costs, seasonal support, expansion, and unexpected losses. If you need additional funding for your venture, there are many different loan types to consider. Inventory loans, equipment loans, expansion loans, cash flow loans, and business lines of credit are just a handful of options.

SBA business loans, including the 7(a) and 504 loan programs, make it easier to secure funding with capped interest rates and lenient down payments.

Helpwithmyloan has a 95% loan approval rate, which is almost double the industry average. We work hard to connect you with the right lender and help you secure funding even faster. Our vetted network includes more than 300 financial partners, so you can access business loans from banks and private investors.

300+ Financial Partners

Highlight: Small Business Loan Programs

Browse competitive rates and attractive loan offers from our vetted lending partners:

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Business Term Loans (Tier 1 – Low rates with stricter requirements)

Loan Amount:
$25,000 – $1,000,000

FICO:
660 Minimum

Minimum Time in Business:

2 Year Time in Business Required

Documentation Type:

Full Documentation with up to 2 years tax returns required

Business Cash flow requirement:

Must be greater than 1.15x

Collateral Type:

Unsecured & Secured Options available

Terms:

Up to 5 Year Fixed Terms and amortization

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 20-30 days

Business Term Loans (Tier 2 – higher rates with less requirements)

Loan Amount:
$25,000 – $250,000

FICO:
620 Minimum

Minimum Time in Business:

1 Year Time in Business Required

Documentation Type:

Full Documentation with up to 2 years tax returns or Bank Statements required

Business Cash flow requirement:

Must be greater than 1.00x

Collateral Type:

Unsecured & Secured Options available

Terms:

Up to 5 Year Fixed Terms and amortization

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 20-30 days

Business Lines of Credit

Loan Amount:
$10,000 – $1,000,000

FICO:
680 Minimum

Minimum Time in Business:

3 Year Time in Business Required

Documentation Type:

Full Documentation with up to 2 years tax returns required

Business Cash flow requirement:

Must be greater than 1.25x

Collateral Type:

Unsecured & Secured Options available

Terms:

Up to 5 Year draw period

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 20-30 days

Loan Guidelines:

  • Monthly payment are Interest Only

Business Equipment Lease & Finance Loans

Loan Amount:
$25,000 – $250,000

FICO:
680 Minimum

Minimum Time in Business:

2 Year Time in Business Required

Documentation Type:

Application Only – No tax returns required

Business Cash flow requirement:

No Cashflow Requirements

Collateral Type:

Equipment Secured Collateral

Invoice for the equipment is required for funding.

Terms:

Up to 7 Year Fixed Terms and amortization

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 20-30 days

SBA Express – Term Loan

Loan Amount:
Up to $350,000

FICO:
640 Minimum

Minimum Time in Business:

Minimum 2 years’ time in business for operating company

Documentation Type:

Full Documentation WITH 3 YEARS of Tax returns is required

Terms:

Up to 10 Year Fixed Terms

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 21-30 days

Loan Guidelines:

  • Business must be U.S. based and owned by US citizen or lawful permanent resident who is at least 21-years old
  • No outstanding tax liens and no recent charge offs/settlements
  • No bankruptcies or foreclosures in the past 3 years
  • Current on government-related loans

Use of proceeds include:

  • To provide long-term working capital to use to pay operational expenses, accounts payable and/or to purchase inventory
  • Short-term working capital needs, including seasonal financing, contract performance, construction financing and exporting
  • Revolving funds based on the value of existing inventory and receivables, under special conditions
  • To purchase equipment, machinery, furniture, fixtures, supplies or materials
  • Other uses include Partner buyouts, Business Acquisition and book of business purchases for professionals and medical professionals 

SBA 7a Business Term Loan

Loan Amount:
Up to $6,000,000

FICO:
680 Minimum

Minimum Time in Business:

Minimum 3 years’ time in business for operating company

Documentation Type:

Full Documentation WITH 3 YEARS of Tax returns is required

Terms:

Up to 10 Year Fixed Terms

Contact Time:

24-48 hours to have a lender matched

Time to Close:

Close in 21-30 days

Loan Guidelines:

  • Business must be U.S. based and owned by US citizen or lawful permanent resident who is at least 21-years old
  • No outstanding tax liens and no recent charge offs/settlements
  • No bankruptcies or foreclosures in the past 3 years
  • Current on government-related loans

Use of proceeds include:

  • To provide long-term working capital to use to pay operational expenses, accounts payable and/or to purchase inventory
  • Short-term working capital needs, including seasonal financing, contract performance, construction financing and exporting
  • Revolving funds based on the value of existing inventory and receivables, under special conditions
  • To purchase equipment, machinery, furniture, fixtures, supplies or materials
  • Other uses include Partner buyouts, Business Acquisition and book of business purchases for professionals and medical professionals 

Loan Breakdown

Use our loan calculator to estimate monthly payments, compare interest rate options, and calculate costs for different terms. Amortization schedules outline the total cost of principal payments and interest over time.

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FAQ

What information do I need to apply for a business loan?

The specific lender, loan type, and amount will determine your application process. Some lenders have minimum FICO score and revenue requirements. Your credit score, collateral, tax returns, and business plan will likely be part of the conversation.

Click here to use our loan search engine and see what options are available to you in as little as 24 hours.

What’s the difference between secured and unsecured?

With a bird’s-eye view, there are two main types of business loans: secured and unsecured. Secured business loans require collateral, including your assets, furniture, or equipment, whereas unsecured loans are based solely on your credit history and integrity to repay the loan.

Will I be denied for a loan if my needs are urgent?

Helpwithmyloan has a 95% loan approval rating, and we are committed to helping you secure funding. However, it’s always best to anticipate your financial needs. If you’re already in trouble and facing a crisis, it will be much harder to get a loan, especially with competitive rates.

Do I have to designate a specific use for the capital?

Yes – most lenders will review your business plan, and you will need to be transparent about how you plan to invest the funds.

Do business loans require a down payment?

Not always. Secured loans require collateral, rather than a down payment. Some unsecured loans also don’t require down payments, but you’ll be charged higher interest rates. A small business line of credit might be a good option for flexible funding without a down payment or multiple loan applications.

Explore More Loan Types

Helpwithmyloan is a full spectrum lending platform. Looking for a different type of funding? We’ll help you search for the best loan and get approved even faster.

Commercial Loans

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Residential Loans

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Personal Loans

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Still Have Questions? Let’s Talk.

We’re eager to help you find the right lending options to meet your needs. Connect with a real person for one-on-one loan advice and support. Or start by filling out our fast, free questionnaire to apply for a loan and match up with our finance partners.

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Helpwithmyloan’s platform is for individuals, brokers, business owners and banks needing assistance in the full spectrum of lending.

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Suite 200
Pasadena, CA 91105

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California loans made pursuant to the California Finance Lenders Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through Helpwithmyloan and a licensed finance lender/broker, California Finance Lenders License No. 60DBO-84212.