Best Small Business Loans 2020

ElitePersonalFinance helps you find the best business loans.

    Up to $10,000,000

    Rate as low as 5.99%

    Comparing offers doesn’t affect your credit score

Your successful business can make you rich!

But what is a perfect business without funding? Nothing …

We at ElitePersonalFinance are here to tell you that there are many companies that will fund your business.

Before applying for a business loan, it is important to understand the types of business loans.

Bank Business Loans

Banks offer high amount business loans, but require collateral, and in some case cosigner. Banks offer high amount business loans, low interest rates and great terms. Unfortunately the application process is not short. In most of the cases, you can’t expect to get your loan in less than a month.

Best Business Loans from Banks
Business Loans from Credit Unions

Credit unions bank loans are like bank loans. The difference is that credit unions are more flexible. They have lower credit requirements. Instead of relying on your credit score, credit unions try to evaluate your ability to pay the loan.

Best Business Loans from Credit Union
SBA Loans

SBA loans are small-business loans guaranteed by the SBA and issued by participating lenders, mostly banks.

SBA loans are the cheapest business loans.

The SBA can guarantee up to 85% of loans of $150,000 or less and 75% of loans of more than $150,000. The average 7(a) loan amount was about $425,500 in 2018, according to the agency’s lending statistics.

The program’s maximum loan amount is $5 million.

SBA loans are provided but banks or online lenders. On their official site you can find a matching tool that will help you find the best option for you.

Learn More about SBA Loans
Business Line of Credit

A business line of credit gives access to a pool of funds to draw from when you need capital. Unlike a traditional business loan, you have the flexibility to borrow up to a set amount (typically anywhere from $50,000 to $500,000), repaying only the amount you withdraw, with interest. Draw on your small business line of credit to handle cash flow gaps, get more working capital, or address almost any other emergency or opportunity.

Learn More about Business Credit Lines
Fast Business Loans

Getting a business loan is not fast procedure. We at ElitePersonalFinance understand this problem, that’s why we created a list of business lenders that will fund you more quickly.

Fast Business Loans
1370 Reviews
Amount

$75,000 to $5 million

Min Credit Score

650

APR

5.50% to 7.75%

Annual Revenue

Cash flow must be able to support the debt

Time in Business

N/A

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1370 Reviews
Amount

$30,000 to $350,000

Min Credit Score

600

APR

9.7% to 11.04%

Annual Revenue

$50,000

Time in Business

2 years

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1370 Reviews
Amount

$2,000 to $150,000

Min Credit Score

600

APR

9% to 40%

Annual Revenue

$75,000

Time in Business

1 year

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1370 Reviews
Amount

$10,000 to $350,000

Min Credit Score

650

APR

10% to 25%

Annual Revenue

$150,000

Time in Business

18 months

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1370 Reviews
Amount

$25,000 to $500,000

Min Credit Score

620

APR

11.67% to 36%.

Annual Revenue

None

Time in Business

2 years

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that.  BadCreditLoans have helped millions to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • Minimum credit score required is 0.
  • No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
  • For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
  • People with really bad credit can’t qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit