Eligibility requirements
Three basics apply to everything. Beyond that, each product has its own bar. Here is what lenders typically look for.
Do you qualify?
If the business meets these three, there is very likely a product that fits. If it meets two, there may still be. Two minutes tells you.
Check your eligibility- Business located in the United States
- Beneficial owner is a U.S. citizen, U.S. national or lawful permanent resident
- In business for more than six months, with positive cash flow
By product
Who typically qualifies for each product. Strong revenue can offset weaker credit on most of them.
SBA Loans
$50K to $5M · 30 to 90 days
- Two or more years in business
- Owner credit in the mid 600s or better
- Positive cash flow and a documented use of funds
- U.S.-based, for-profit business within SBA size standards
- Owner equity injection, usually 10 to 20 percent
Business Term Loans
$25K to $2M · 2 to 7 days
- Twelve or more months in business
- Owner credit around 600 or better
- Consistent monthly revenue shown in bank statements
- No open bankruptcy or recent default
Business Line of Credit
$10K to $500K · 1 to 5 days
- Six or more months in business
- Owner credit around 600 or better
- Steady deposits in the business bank account
- A business checking account in good standing
Working Capital
$10K to $500K · As fast as 24 hours
- Six or more months in business
- Monthly revenue of $10K or more
- Owner credit of 550 or better
- Three or more months of business bank statements
- No more than one existing advance position
Equipment Financing
$10K to $5M · 2 to 10 days
- A vendor quote or invoice for the equipment
- Twelve or more months in business for most lenders, with startup programs available
- Owner credit around 600 or better
- Down payment of 0 to 20 percent depending on the file
Invoice Factoring
70 to 95 percent of invoice value · 1 to 3 days
- Invoices to creditworthy business or government customers
- Work that is complete and invoiced, not progress billing
- No existing lien on receivables, or one that can be subordinated
- Business credit is secondary; the customer's credit carries the file
Commercial Real Estate
$250K to $10M · 30 to 60 days
- Down payment of 10 to 25 percent depending on program
- Debt service coverage from the business or the property's rents
- Two or more years in business for owner-occupied programs
- Owner credit in the mid 600s or better
Ecommerce Funding
$10K to $1M · 1 to 5 days
- Six or more months of platform sales history
- Monthly sales of $10K or more
- A connected store or marketplace account for verification
- Consistent order volume rather than a single spike
Gig and 1099 Funding
$5K to $150K · 1 to 3 days
- Six or more months of 1099 or platform income
- Deposits that show consistent monthly earnings
- A checking account where the income lands, business or personal
- Owner credit of 550 or better for most programs
Home Equity Line of Credit
$25K to $500K · 2 to 6 weeks
- Home equity, typically keeping combined loans under 80 to 90 percent of value
- Personal credit in the high 600s or better
- Verifiable income to service the payment
- A lender that permits business use of proceeds
Ranges are typical for this type of financing. Your amount, term and pricing depend on the lender and your business profile.
Not sure you qualify?
Two minutes tells you. A specialist reviews the answers and says plainly what fits, and what would move you into a better product.