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To determine the best small business loan services, Bankrate looked at a wide range of factors and features to determine the best options of 2025. While some lenders are partners, this did not influence our selection process.

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation of . Read more about how we scored the 2025 Bankrate Awards winners in .

See our top picks

2025 Bankrate Awards Winner Badge

Best CDFI for small business loans

Accion Opportunity Fund

Accion Opportunity Fund

Learn more in our Bankrate review
Highlights Flexible repayment terms Welcoming to startups and those with bad credit Generous loan amounts

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for bad credit

Fundible

Fundible

Learn more in our Bankrate review
Highlights Low credit score requirements Works with businesses in many different industries Long repayment terms

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for good-to-excellent credit

Wells Fargo

Wells Fargo

Learn more in our Bankrate review
Highlights Unsecured credit lines available Top-ranked SBA lender Favorable interest rates

Why they won

Top features

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Awards
2025 Bankrate Awards Winner Badge

Best small business lender for newer businesses

Taycor Financial

Taycor Financial

Learn more in our Bankrate review
Highlights Open to businesses with bad credit Favorable repayment terms Wide range of equipment loan options

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for equipment loans

Creditfy

Creditfy

Learn more in our Bankrate review
Highlights Low revenue requirements High loan amounts Accepts bad credit

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for business lines of credit

Fundible

Fundible

Learn more in our Bankrate review
Highlights Welcoming to startups Fast funding No collateral required

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for fast business loans

Creditfy

Creditfy

Learn more in our Bankrate review
Highlights Loans of up to $10 million available High loan amounts Unsecured loan options

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for SBA loans

Huntington National Bank

Huntington National Bank

Learn more in our Bankrate review
Highlights Top-rated SBA lender Flexible repayment terms High loan amounts available

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for short-term business loans

Backd

Backd

Learn more in our Bankrate review
Highlights Repayments from six to 16 months Loan amounts up to $2 million Fast funding available

Why they won

Top features

2025 Bankrate Awards Winner Badge

Best small business lender for startups

OnDeck

OnDeck

Learn more in our Bankrate review
Highlights Fast funding Early repayment incentives Loans as low as $5,000

Why they won

Top features

Explore the best of the best

Check out the 2025 Bankrate Awards winners across our top categories.