Startup Business Loans

You’ve got the startup, now get the funding.


Get to Know Startup Business Loans

Be your own startup accelerator with a startup business loan. It’s a financial cushion that can take some unnecessary stress and backbreaking work out of building a business.

LOAN AMOUNT

$500-$750,000

TIME TO FUND

2-4 Weeks

LOAN TERMS

Up to 25 Years

INTEREST RATE

0-17%

Launch your startup to greatness

Transforming your business from an idea into reality can be expensive, but a startup business loan might be exactly what you need to make it happen. Fortunately, we’re here to help you find the perfect one and easily apply.

Check Eligibility

Before You Apply for a Startup Loan

Before committing to your startup loan, it’s essential you identify your business needs, determine how much you can actually afford, and know exactly what you bring to the table.

Know How Much You Can Afford

Borrowing only what you know you can repay is always a good idea, but it’s especially important when you’re starting a business. Before signing on the dotted line, make sure you’ve calculated how much financing your small business can afford.

In addition to your loan amount, startup loans are determined by your interest rate, term, and collateral. These factors can vary substantially depending on the type of startup loan you choose. You can use our startup loan calculator to estimate your monthly payments.

Calculate your loan

Minimum requirements for a loan.

“>If your business doesn’t match any of the qualifiers below, you may not be able to receive funding from our lending partners.

CREDIT SCORE

680 or higher

AVG. MONTHLY REVENUE

at least $6K

TIME IN BUSINESS

3 months or more


Not qualified yet? We can help

Lendio has the accounting software tools to get your start-up business ready for financing.

Easily track your company’s health and identify any capital shortcomings you may face.
Understand the financial health of your business with reports like profit and loss, balance sheet, tax summary, customer statements, and accounts receivable.
Create personalized invoices and allow your customers to pay by credit card with our free software.

Options for Startup Financing

Business Term Loans


LOAN AMOUNT

$5,000 – $2,000,000

TIME TO FUNDS

As little as 24 hours

SBA Loans


LOAN AMOUNT

Up to $5,000,000

TIME TO FUNDS

30 – 90 days

Business Line of Credit


LOAN AMOUNT

$1,000 – $500,000

TIME TO FUNDS

As little as 24 hours

Business Credit Cards


LOAN AMOUNT

Limit Varies

TIME TO FUNDS

Just a swipe away

How to Apply for a Startup Business Loan

Sure, you can go the bank route with a long application process and 75% rejection rate. But if you’re looking for financing in this lifetime, Lendio offers a faster, easier application process.

STEP
1
Fill out the 15-minute online application.

It’s secured with bank-grade encryption and SSL technology, so you know your information is safe.

STEP
2
Receive matches.

We pair you with loan options from our network of 75+ lenders. Our dedicated funding managers can help you weigh the pros and cons of each option.

STEP
3
Get funded.

Once you’re approved, you’ll be able to access your capital in as little as 24 hours.

Apply Now

Why use Lendio?

$12+ BILLION

funded through us

75+

lenders in our network

300,000+

loans funded

“The Lendio process was amazing”

Sterling Hannemann
Co-Owner of Seven Brothers

“Lendio literally saved my business.”

Chloria Chandler
Owner of Bobbee O’s BBQ

Startup Loan FAQs

A startup loan empowers you to invest in your own business. Instead of giving up equity to investors, a startup loan lets you keep it while providing access to the working capital your startup needs. That means you’ll have the freedom to move into a larger office space or order the inventory you need to fulfill those massive purchase orders that keep rolling in.

Startup loans are awarded based on the business owner’s personal credit history. That’s one of the aspects that makes startup business loans such an accessible financing option for new businesses.

If you have a poor credit history, you may still qualify. Before you commit to a startup loan, you’ll want to consider what’s affected your credit history in the past. If you have a history of late payments, it’s in your best interest to consider whether you can afford the loan and if you can meet the payment schedule. For those looking to build credit, a business credit card can be an excellent fit because it provides access to financing and an opportunity to build credit for your business—and you’re not required to use the capital.

The process to get a startup loan or something exciting like an SBA or government loan can be a stressful venture. Fortunately, rather than spending days or weeks hunting for the right loan, you can easily apply through Lendio, and we’ll help you choose the best startup solution for your unique situation.

Loan types and amounts vary depending on your situation. Through Lendio, you can find loan options that offer up to $2,000,000. With that chunk of change, you could build the business of your dreams, but the first step is to apply.

While some loans may require some money upfront, you likely won’t need to worry about that with many of your startup lending solutions. That said, the best way to know for sure is to get your free application in and speak to one of our loan experts.

Quickly Compare Loan Offers from Multiple Lenders

Applying is free and won’t impact your credit

Talk to a rep at (855) 853-6346
Mon-Fri 7:30am-5pm MST