The Best Small Business Loan Companies In 2023

The Best Small Business Loan Companies in 2023

If you’re in the market for expanding your business, purchasing equipment or freeing up cash flow for payroll or other expenses, there are plenty of options available to choose from. Be sure to shop around and compare lenders based on loan amounts, repayment terms and rates before committing.

Lenders will assess your credit score, annual revenue and time in business to determine how much you qualify for. Their goal is to minimize risk and guarantee payments are manageable. The following small business loan companies below are not business loans and in some cases are not even business lenders, but they are companies and services that can help you get business financing.

Fora Financial

Fora Financial offers small business loans for various needs, like managing cash flow or purchasing equipment. These loans have repayment terms up to 15 months with no hidden fees and they’re easy to get approved quickly.

The company’s low requirements make it simple for new businesses to get approved, as well as existing ones looking to capitalize on growth opportunities. Furthermore, its minimum credit scores are lower than those set by other lenders such as Noble Funding and Biz2Credit.

Applying for a business loan from Fora Financial is an easy and fast process that requires filling out one page with basic information about your company, such as its EIN, industry, and location. You will also need to supply monthly revenue figures and details about any commercial property owned by you.

Noble Funding

Noble Funding has various loan types available and doesn’t operate directly; rather, it works through its network of funding partners to connect business owners with the right lending solution.

Loan options range from term loans and short-term bridge loans, commercial mortgage loans, accounts receivable lines of credit (A/R lines), asset-based lending to unsecured loans. Furthermore, the lender provides financing for inventory, equipment and other assets.

One of the key advantages of Noble Funding is that they don’t require personal guarantees on its products – an uncommon feature among online lenders. This gives borrowers peace of mind knowing their personal assets won’t be at risk if they default on their loans.

Noble Funding boasts an impressive customer service reputation. Its BBB rating of A+ and Trustpilot rating of 4.9 out of 5 make it a highly attractive option for anyone searching for a small business loan.


Business loans are a form of financing that can assist companies in quickly raising cash. Traditionally, these loans have been funded by banks and credit unions.

However, small businesses now have access to a range of alternative lenders. These online lenders typically assess borrowers using more relaxed lending criteria.

Fundbox is an established lender that offers a range of business financing solutions, such as lines of credit and invoice financing. Their application process is quick and effortless, using data from your financial services (like your business checking account) to assess your creditworthiness.

Even those with bad credit may qualify for a Fundbox line of credit. The lender accepts personal FICO scores as low as 600, which is much lower than the minimum requirement required by most other lenders.

Fundbox can be a great company for business owners who require fast capital. Their application process is effortless, and their website provides customer support throughout every step of the way.


Lendio is an online business loan marketplace similar to a broker that helps small businesses connect with business lenders offering a range of business financing offers. The service provides term loans, short-term loans, business lines of credit, startup loans, merchant cash advances, and equipment financing – all at no cost!

Additionally, it provides a helpful loan calculator to help you compare offers and find the most advantageous deal. Customer service can be reached via an online contact form, email, or phone.

The application process is efficient, taking only 15 minutes to finish. You answer basic questions about your business, financial history and current expenses. Afterward, Lendio will do a soft pull on your credit without impacting your score and then shop around to get offers from lenders you may qualify for.

As part of the business loan application and funding process, you’ll be assigned a funding manager by Lendio. They will assist in evaluating loan options, making recommendations, and resolving any issues that arise along the way.

Feel free to compare business lenders and loan brokers on our business financing page.

Find business lenders and loan brokers below:

  • Lendio
  • 75+ business lenders!
  • Lenders fight for you
  • Billions funded!
  • 20,000 reviews!
  • Fundwise Capital
  • Billions funded
  • Thousands of businesses
  • Multiple funding options
  • Business lines of credit
  • Business credit programs
  • National Funding
  • $3 billion funded
  • 50,000 businesses funded
  • Multiple funding options
  • Lines of credit
  • Equipment financing
  • High approvals
  • 75+ lender marketplace
  • Business loan broker service
  • Business term loans
  • Multiple financing plans
  • Business lines of credit
  • SuperMoney Business
  • One search, many options
  • Multiple financing options
  • Business loans up to $5m
  • Multiple options
  • Compare business lenders
  • Nav Business Financing
  • Business credit programs
  • Multiple vetted lenders
  • Business lines of credit
  • Business credit cards
  • Fundera Marketplace
  • Business lending programs
  • Multiple vetted lenders
  • Business lines of credit
  • Business credit cards
  • eCapital Business Financing
  • Invoice factoring programs
  • Fast, flexible funding
  • Business invoice factoring
  • Invoice factoring solutions
  • Torro business financing
  • $25k/mo minimum revenue
  • Fast business funding
  • Flexible financing options

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