See what Lendza's Editorial Staff has to say about some of the top providers.
If you need quick capital for your small business, Kabbage makes the loan process very easy. With Kabbage, small businesses can request a $2,000 to $250,000 line of credit. Rather than traditional interest, Kabbage charges monthly fees based on the loan amount. These fees range from 0.25% to 3.5%.
Fundbox offers a user-friendly system for a business line of credit. With the push of a button, registered users can manage cash flow gaps and get the money they need for payroll, buying inventory, purchasing materials, and maintenance costs. Small businesses can request up to $100,000 with APR between 10.1% and 79.8%.
BlueVine provides short-term help for small businesses looking for a line of credit up to $250,000. BlueVine’s representatives are great at guiding borrowers through the loan process and answering questions if any should arise. APR typically ranges between 15% and 78%.
CAN Capital offers a quick pre-qualification form so businesses know what to expect in as little as ten minutes. Entrepreneurs can request between $2,500 and $250,000 for their small businesses. The factor rate for loans through Fora Financial ranges between 1.15 and 1.48.
With Fora Financial, entrepreneurs can request small business loans and merchant cash advances between $5,000 and $750,000. If approved, small businesses may receive funding in as little as 72 hours. The factor rate for loans through Fora Financial ranges between 1.1 and 1.9.
With Credibly, small businesses can apply for business loans, cash advances, long-term expansion loans, and SBA loans online. Borrowing amounts range between $5,000 and $40,000, with the factor rate starting at 1.15.
Easy Funding offers merchant and business cash advances between $2,000 and $350,000. No collateral is required to secure the loan, and small businesses can set up flexible repayments.
With Imperial Advance, small businesses can apply for a wide range of alternative financing options online. Some funding options include lines of credit, business term loans, merchant cash advances, and revenue-based financing of up to $5 million.
Rapid Advance offers small businesses SBA loans, commercial real estate loans, lines of credit, and invoice factoring. Entrepreneurs can borrow up to $1 million with the factor rate ranging between 1.16 to 1.30.