Small Business Loans Loans for Established Businesses Reviews & Prices

Small business loans from direct online lenders can be a great resource for small business owners who need money as quickly as possible, without getting bogged down in tons of paperwork and dealing with a long waiting period. Choosing the right loan service for your needs depends on how much you want to borrow, as well as whether you meet the qualifications. During our reviews of these loan services, we looked at the difference in loan amounts, APRs and term lengths offered, as well as what requirements a business owner and business must meet in order to qualify. While we did not take out any loans, we did contact customer service and requested quotes to get a feel for how using the service will be for the borrower. Learn more about small business loans by reading our FAQs.

Updated 10-04-2017

Loans for Established Businesses Comparison Chart

Service Name & RatingMinimum/Maximum Loan AmountAPRTerms AvailableOrigination FeeMinimum Business Age RequiredMinimum Annual Revenue RequiredOwner's Credit RatingBottom Line
Lending Club Small Business Loan $5,000 - $300,0005.9% - 25.9%12 - 60 months0.99% - 6.99%2 years$75,000~660+ Peer-to-peer lending service offers a simple application process and competitive rates for business owners with fair or better personal credit
StreetShares $2,000 - $100,000Varies3 - 36 months3.95% or 4.95%1 year$25,000600+ Peer-to-peer lending platform with a special emphasis on military veteran loans; highly personal loan applications; good for established businesses with lower revenue
Fundation $20,000 - $500,000+7.99% - 29.99%12 - 48 monthsUp to 5%1 year$100,000700+ Loans up to $500,000 for short-term or long-term growth; fixed rates with low APRs; seamless online application process; ideal for established businesses
Funding Circle $25,000 - $500,0004.99% - 27.79%6 - 60 months0.99% - 6.99%2 years$150,000620+ Best for established businesses with a steady cash flow; loans are secured with long repayment periods; quick and simple application process
OnDeck $5,000 - $500,0009.99% - 99%3 - 36 months2.5% - 4%1 year$100,000500+ Variety of rate and term options; fixed-rate payments are daily or weekly rather than monthly; good option for newer as well as more established small businesses
Service Name & RatingMinimum/Maximum Loan AmountAPRTerms AvailableOrigination FeeMinimum Business Age RequiredMinimum Annual Revenue RequiredOwner's Credit RatingBottom Line
Dealstruck $25,000 - $350,0009.99% - 27.99%12 - 48 months2.99% - 5.99%1+ years$150,000600+ Flexible loan rates and terms with a high-tech application process; ideal for profitable businesses whose owners have good credit or better; customer service is lacking

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