SMALL BUSINESS LOANS REVIEWS
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SmallBusinessLoans.com: 2025 Review

Written by
Emily Maracle
Edited by
Rob Watts
Updated on Jan 17, 2025
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At a glance

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4.4
Bankrate Score
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Accessibility
Affordability
Customer experience
Transparency
Flexibility
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Overview

SmallBusinessLoans.com is a small business loan marketplace that connects business owners in various industries with funding partners. Its lending partners specialize in funding up to $500,000 for borrowers with fair to excellent personal credit.

Lender Details

  • Money Bag Icon

    Loan amount

    $5,000-$5.5 million

  • Rates Icon

    Interest rate

    Starting at 10%

  • Clock Wait Icon

    Term lengths

    Up to 25 years

  • Dollar Icon

    Min. annual revenue

    $300,000

  • Briefcase Icon

    Min. time in business

    6 months

Who SmallBusinessLoans.com is best for

SmallBusinessLoans.com is best for business owners with fair to excellent personal credit scores who are still determining what financing they need or qualify for. Once you fill out a SmallBusinessLoans.com application, the company will match you with the lending partner and business loan that best suits your needs. 

Business owners looking for fast funding could also benefit from SmallBusinessLoans.com's services, as you could receive funds in as little as 24 hours. Speed of funding will vary based on the lender you are matched with, among other factors.

Who SmallBusinessLoans.com may not be best for

SmallBusinessLoans.com may not be the best option for businesses that have a specific lender in mind. That said, if you’re willing to consider other options, this website could help you consider the best funding solution regardless of the lender.

Apart from this, SmallBusinessLoans requires a minimum personal credit score of 660, so bad credit borrowers won’t be eligible for funding with their lending partners. 

Additionally, businesses in Nevada, Oregon, Rhode Island, North Dakota, South Dakota and Vermont are only eligible for sales-based financing products, which may not be ideal for some business owners. 

SmallBusinessLoans.com: in the details

Loan amount
$5,000-$5.5 million
Interest rate
Starting at 10%
Term lengths
Up to 25 years
Fastest funding
24 hours
Min. annual revenue
$300,000
Min. time in business
6 months
Personal credit score
660

SmallBusinessLoans.com pros and cons

Pros

  • Checkmark Icon

    Potential for fast funding

  • Checkmark Icon

    Quick application

  • Checkmark Icon

    Personalized funding options

  • Checkmark Icon

    Partners with multiple lenders

Cons

  • Limited information online

  • Must fill out an application to know what you qualify for

  • Availability depends on location

Business loan types offered

The requirements to qualify with SmallBusinessLoans.com partner lenders aren't disclosed. You'll need to fill out an application to learn what financing options are available. 

Loan quick facts

  • Amounts: $5,000 to $500,000
  • Terms: Not disclosed
  • APR/interest/factor rate: Not disclosed

Short-term loan overview

Short-term loans are business loans typically offered by online and alternative lenders. As the name implies, they have shorter repayment periods, often six to 24 months. Repayments could be monthly, weekly or daily, depending on the loan and lender. Short-term loans usually have a faster funding timeline, with some short-term loan lenders offering same-day funding. SmallBusinessLoans.com advertises that you could receive funding within 24 hours from its lending partners.

While the eligibility requirements for SmallBusinessLoans’ partners aren’t disclosed — apart from stating they lend to borrowers with fair to excellent personal credit — short-term loans often have lower eligibility requirements than longer term loans or those offered by traditional lenders.

Loan quick facts

  • Amounts: $5,000 to $500,000
  • Terms: Not disclosed
  • APR: 10.00% to 90.00%

Business line of credit overview

With a business line of credit, you’ll receive a set credit limit that you can borrow up to. As you repay what you borrow, your credit line replenishes. With short-term business lines of credit, most lenders offer repayment terms of up to 18 months, and you’ll have a set period of when you can draw from it. You’ll typically only pay interest on what you borrow. 

Loan quick facts

  • Amounts: Up to $5.5 million
  • Terms: Up to 25 years 
  • APR: 11.00% to 16.00%

SBA loan overview

SBA loans are small business loans backed by the U.S. Small Business Administration, making them less risky for lenders who offer them. They have set maximum interest rates and often come with high loan amounts. That said, they aren’t a good option for businesses looking for fast funding, as approval and funding can take 30 to 90 days. 

While SBA lenders have some control over eligibility requirements, the SBA typically requires that small businesses exhaust other financing options, have a fair to excellent personal credit score and meet the SBA’s definition of a small business.

Loan quick facts

SmallBusinessLoans.com offers a variety of loans to cover nearly any funding need you have. It doesn’t give many specifics about each loan type, but additional loans it offers include:

  • Long-term loans
  • Equipment financing
  • Semi-truck financing
  • Medical and farming loans
  • Merchant cash advances

Do you qualify?

The basic requirements to apply with SmallBusinessLoans.com are these, but the exact requirements may vary by lender:

  • 660 personal credit score
  • $300,000 in annual revenue
  • 6 months in business

In addition to these requirements, SmallBusinessLoans.com may restrict your loan options based on where you live. Restrictions include:

  • Applicants in Nevada, Oregon, North Dakota, Rhode Island, South Dakota and Vermont are only matched with sales-based financing options.
  • Applicants in New Mexico are eligible for loans of $10,000 and up.
  • Applicants in Ohio are eligible for loans of $5,000 and up.

While there are no restricted industries listed, if you are hoping to be matched with a lender offering SBA loans, there are ineligible industries, including:

  • Nonprofits.
  • Financial businesses, like banks or finance companies.
  • Businesses engaged in illegal activities.
  • Speculative or unstable businesses.
  • Businesses that earn more than a third of profits from legal gambling.

What we like and what we don’t like

SmallBusinessLoans.com matches you with potential lenders, giving you the best offers that meet your funding needs. That said, there isn’t much information on its lending partners, and customer service is limited to email inquiries. 

What we like

  • Potential for fast funding: SmallBusinessLoans.com states funding could happen in as little as 24 hours.
  • Quick application: The application is fully online and only takes a few minutes to complete. 
  • Personalized funding options: After filling out an application, you’ll only be matched with lenders who meet your funding needs. 

What we don’t like

  • Limited information on its site: SmallBusinessLoans.com doesn’t list much information about what its partner lenders offer. Contacting someone may also be difficult as it doesn’t have a dedicated customer service phone number. Instead, you’ll need to fill out a contact form or email the company.
  • Must fill out an application to know what you qualify for: Since minimum requirements for its partner lenders aren’t listed, you’ll have to apply to know what type of loan you may be able to get.
  • Availability of products depends on location: Not all products from its lending partners are available in every state. 

How SmallBusinessLoans.com compares to other lenders

4.4

Bankrate Score

  • Loan amount

    $5,000-$5.5 million

  • Interest rate

    Starting at 10%

  • Term lengths

    Up to 25 years

  • Min. time in business

    6 months

  • Min. business annual revenue

    $300,000

4.6

Bankrate Score

  • Loan amount

    $1,000-$10 million

  • Interest rate

    4.63%-60.00%

  • Term lengths

    3 months-25 years

  • Min. time in business

    6 months

  • Min. business annual revenue

    $50,000

Read our review

on Bankrate

4.7

Bankrate Score

  • Loan amount

    $5,000-$10 million

  • Interest rate

    0.75% Monthly rate | 5.00% to 18% Simple interest

  • Term lengths

    1-10 years

  • Min. time in business

    6 months

  • Min. business annual revenue

    $100,000

Read our review

on Bankrate

SmallBusinessLoans.com vs. Lendio

Like SmallBusinessLoans.com, Lendio doesn’t directly lend to businesses but matches them with partner lenders. Both offer fast funding, potentially receiving funds within 24 hours. 

That said, Lendio is far more transparent with the application process, requirements and the number of lenders it works with. Lendio currently has more than 75 partner lenders and a robust FAQ section detailing much of the information you need as a prospective applicant. 

Businesses with fair to excellent personal credit looking for a variety of loan options may benefit from applying with SmallBusinessLoans.com, whereas business owners looking for higher loan amounts or longer terms should consider applying with Lendio.

SmallBusinessLoans.com vs. Fundible

Fundible is another lender with a partner network, like SmallBusinessLoans.com, but they also offer in-house financing. Both lenders offer various financing options, but Fundible and its partners have higher lending amounts, with funding up to $10 million and terms up to 10 years. SmallBusinessLoans.com’s lending partners offer funding up to $500,000 for most loans and terms up to 60 months, or $5.5 million and 25 years for SBA loans.

Businesses with bad credit will likely have better luck applying with Fundible, as a spokesperson stated Fundible accepts a FICO score of at least 450. While SmallBusinessLoans.com doesn’t disclose much information about its lending partner’s requirements, it does require a minimum personal credit score of 660 to apply. 

If you’re looking for fast funding, either lender will meet your needs as they have fast application processes, and state funding could occur in as little as 24 hours.

How to apply for a loan with SmallBusinessLoans.com

You can easily apply for funding through SmallBusinessLoans.com. To begin, you’ll need to provide the amount of funding you need, what the funding is for and your name and email. You’ll answer a few more questions about your business and financials, which will likely include its annual revenue, time in business and your personal credit score. Once you match with lenders, more documentation and information may be required.

If you have any questions, you can fill out an online form through their website or contact them at info@smallbusinessloans.com. 

SmallBusinessLoans.com frequently asked questions

How Bankrate rates SmallBusinessLoans.com

Overall Score 4.4
Accessibility 4.8 SmallBusinessLoans.com works with lending partners to match business owners with funding that meets their needs.
Affordability 4.0 While rates aren’t disclosed, some partners offer SBA loans, which cap interest rates that lenders can charge.
Transparency 3.7 Very little information about lending partners is disclosed on its site.
Customer experience 4.4 This lender gets points for its highly rated app and its online application.
Flexibility 5.0 SmallBusinessLoans.com offers a variety of payment options.

Methodology

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47
years in business
Credit Card Search Icon
30+
lenders reviewed
Loan Icon
22
loan features weighed
Rates Icon
770+
data points collected

To select the top small business lenders, Bankrate considers more than 20 factors. These factors include loan amounts, approval and funding times, credit requirements, APR or factor rate ranges, fees, and easy-to-find rate and fee disclosures. Bankrate reviewed more than 30 lenders and gave each a rating, which consists of five categories:

  • Accessibility: Factors considered in this category include minimum loan amounts, approval and funding speed, minimum annual revenue and minimum credit score.
  • Affordability: This section measures interest or factor rates and fees.
  • Transparency: How easy it is to find important rates, fees and eligibility requirements are considered in this category.
  • Customer experience: Customer service hours, online applications and app availability are considered in this category.
  • Flexibility: This category considers factors like the number of loan products and ability to change payment due date.

Editorial disclosure: All reviews are prepared by Bankrate.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.

What small business owners think

CTA SmallBusinessLoans.com has 13 reviews

SmallBusinessLoans.com has 13 reviews

Dive into community reviews below and see what others think about SmallBusinessLoans.com.

3.8 Star Icon
13 ratings
Info Icon
Score breakdown
5 stars
15%
4 stars
54%
3 stars
23%
2 stars
8%
1 star
0%
Score by category
Customer experience 4.2 / 5
Accessibility rating 4.2 / 5
Affordability rating 4.1 / 5
Transparency rating 4.2 / 5
Flexibility rating 4.2 / 5

Community Reviews

See what users like you are saying about SmallBusinessLoans.com.
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Overall
Did you feel that the lender was knowledgeable about their product and loan terms? Why or why not?
Yes. They were very helpful and knowledgeable. They helped me through out the entire loan process and were very friendly and easy to deal with.
Score by category
Flexibility rating 4 / 5
Transparency rating 4 / 5
Accessibility rating 4 / 5
Affordability rating 4 / 5
Customer experience 4 / 5
Overall
Was the lender receptive to your business unique needs? If so how? If not, why not?
They offered comparable rates to other options but not better than other alternatives
Score by category
Flexibility rating 3 / 5
Transparency rating 3 / 5
Accessibility rating 3 / 5
Affordability rating 3 / 5
Customer experience 2 / 5
Overall
Did you feel that the lender was knowledgeable about their product and loan terms? Why or why not?
yes they provided very good information on their terms and policy's for the loan that I took out they are very professional
Score by category
Flexibility rating 4 / 5
Transparency rating 3 / 5
Accessibility rating 4 / 5
Affordability rating 5 / 5
Customer experience 4 / 5
Overall
Did you feel that the lender was knowledgeable about their product and loan terms? Why or why not?
Yes I did feel that the lender was knowledgeable and it answered all my questions within a reasonable time
Score by category
Flexibility rating 4 / 5
Transparency rating 5 / 5
Accessibility rating 2 / 5
Affordability rating 1 / 5
Customer experience 4 / 5
Overall
Were you able to contact the lender for customer support? What was the process like?
The lender's customer support was exceptional, with a responsive and knowledgeable representative answering my call within 2 minutes, providing clear guidance and resolving my loan application issue efficiently and professionally.
Score by category
Flexibility rating 4 / 5
Transparency rating 5 / 5
Accessibility rating 5 / 5
Affordability rating 5 / 5
Customer experience 4 / 5
Overall
Were you able to contact the lender for customer support? What was the process like?
Yes. I sent them an email and they called me within 4 hours.
Score by category
Flexibility rating 3 / 5
Transparency rating 3 / 5
Accessibility rating 4 / 5
Affordability rating 4 / 5
Customer experience 5 / 5
Overall
Did you feel that the lender was knowledgeable about their product and loan terms? Why or why not?
Yes, I felt the lender was knowledgeable, clearly explaining loan terms, interest rates, and repayment options, demonstrating expertise and transparency, which eased my concerns and built trust throughout the borrowing process.
Score by category
Flexibility rating 5 / 5
Transparency rating 4 / 5
Accessibility rating 5 / 5
Affordability rating 4 / 5
Customer experience 5 / 5
Overall
What was your biggest pain point during the application process?
My biggest pain point was navigating the lengthy, cumbersome paperwork and documentation requirements, which caused frustration and delays, wishing for a more streamlined, digital, and user-friendly experience.
Score by category
Flexibility rating 5 / 5
Transparency rating 4 / 5
Accessibility rating 5 / 5
Affordability rating 4 / 5
Customer experience 5 / 5
Overall
Was the lender receptive to your business unique needs? If so how? If not, why not?
The lender was surprisingly receptive, offering customized solutions and flexible repayment terms that catered to my business's seasonal fluctuations, demonstrating a genuine understanding of my industry's nuances through attentive communication and adaptive underwriting.
Score by category
Flexibility rating 4 / 5
Transparency rating 5 / 5
Accessibility rating 5 / 5
Affordability rating 5 / 5
Customer experience 4 / 5
Overall
Were you able to contact the lender for customer support? What was the process like?
Yes, the process was easy and convenient.
Score by category
Flexibility rating 3 / 5
Transparency rating 4 / 5
Accessibility rating 3 / 5
Affordability rating 4 / 5
Customer experience 5 / 5

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