Find the Right Business Loan for Your Stage and Goals
This free loan finder tool helps small business owners quickly identify financing options that match their revenue, credit profile, and funding needs. Answer five simple questions below and we’ll point you toward the loan programs most likely to approve your business.
Business Loan Eligibility Quiz
Loan Types We Help With
Not every loan fits every business. Here is a quick comparison of the most common small business financing programs so you know what to expect before you apply.
| Loan Type | Min Credit Score | Time in Business | Max Amount | Funding Speed |
|---|---|---|---|---|
| SBA 7(a) Loan | 650 | 2+ years | $5,000,000 | 30–90 days |
| SBA Microloan | 620 | Startups eligible | $50,000 | 30–60 days |
| Equipment Financing | 600 | 6+ months | $500,000+ | 2–7 days |
| Business Line of Credit | 620 | 6+ months | $250,000 | 1–5 days |
| Working Capital Loan | 580 | 6+ months | $500,000 | 1–3 days |
| Merchant Cash Advance | 500 | 3+ months | $500,000 | 24–48 hours |
| Invoice Factoring | 530 | 3+ months | Varies by invoices | 1–3 days |
| Startup Loan | 640 | Pre-launch eligible | $150,000 | 7–21 days |
How Our Loan Matching Works
We keep the process simple. Here is exactly what happens when you use this tool:
- Answer five quick questions. Tell us about your time in business, monthly revenue, credit score, how much you need, and what you plan to use the funds for. No personal data is collected at this step.
- Get matched to relevant programs. Your answers are used to connect you with lenders and financing programs that fit your actual profile — not just the options that look good on paper. This means fewer rejections and faster decisions.
- Review your options and apply. You will see real loan products with estimated rates and terms. Choose the offer that makes the most sense for your business and complete a full application with your chosen lender. Most lenders can give you a decision within one business day.
Frequently Asked Questions
What credit score do I need to qualify for a business loan?
It depends on the loan type. Traditional bank loans and SBA programs generally want a personal credit score of 650 or higher. Online lenders and alternative financing products like merchant cash advances or invoice factoring can work with scores as low as 500. Your business revenue and time in operation also factor into approval, so a lower credit score does not automatically disqualify you.
Can a startup qualify for business financing?
Yes, though your options are more limited than an established business. SBA Microloans, startup-specific loan programs, and some equipment financing options are open to businesses that have not yet launched or are in their first year. Lenders will typically place more weight on your personal credit score and business plan when your company has little operating history to show.
How long does it take to get funded?
Funding timelines vary widely. Alternative lenders and merchant cash advance providers can sometimes deposit funds within 24 hours of approval. Business lines of credit typically fund within one to five business days. SBA loans take the longest, usually between 30 and 90 days due to the government guarantee process. If speed is a priority, make sure you select a loan type that matches your timeline.
Do I need collateral to get a business loan?
Not always. Many online lenders offer unsecured business loans that do not require specific assets as collateral. However, lenders may still require a personal guarantee, which means you are personally responsible if the business cannot repay. SBA loans often require collateral for amounts over $25,000. Equipment loans use the purchased equipment as built-in collateral, which can make approval easier even with a lower credit score.
What documents will I need to apply?
Most lenders ask for three to six months of business bank statements, a valid government-issued ID, and basic information about your business structure. For larger loan amounts or SBA programs, you may also need two years of business and personal tax returns, a profit and loss statement, and a business plan. Having these documents ready before you start your application can speed up the review process significantly.
Ready to Move Forward?
Use the quiz above to identify your best-fit loan options, then
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Sources referenced on this page
Authoritative references consulted for lender-program details, rate ranges, and eligibility requirements discussed above. See our research sources policy for how we verify claims.