Small Business Loans Online

YOU CAN GET THE WORKING CAPITAL YOU NEED TO FUEL THE GROWTH OF YOUR BUSINESS WITH A SHORT-TERM SMALL BUSINESS LOAN. In as little as 24 hours, apply online for a small business loan from Biz Loans and get funded.

What is a Small Business Loan Online?

Most small business loans with shorter terms and lesser amounts are turned down by traditional lenders like banks. As an alternative lender, Biz Loans may offer a variety of online small business loans, such as business lines of credit, collateral loans, merchant cash advances, and alternative small business loans, to support the expansion and success of your company. Our alternative business loans range from $3,000 to $500,000, depending on your company's needs. Typically, they are between $20,000 and $60,000.

Our experienced Funding Advisors will get in touch with you to go over all of your funding possibilities after you submit your initial one-page application. They will support you during the entire process if you have any queries and will assist you in selecting the option that is ideal for your company.

Small Business Online Rates

Instead of using a standard interest rate, the majority of alternative company funding options employ something called a factor rate. Factor rates are straightforward decimal numbers that indicate how much "extra" you will have to pay over the loan's original amount. Your risk assessment is the basis for calculating your factor rate. Factor rates typically range from 1.1 to 1.5.

Who Should Apply for a Small Business Loan Online?

Alternative financing for small businesses are best used by:

Companies seeking to expand

Companies looking to buy new furniture, supplies, equipment, or extra inventory

Companies looking to transition to new technologies

Companies that require financial flow in a cyclical upswing or downturn

Attorneys, medical facilities, builders, restaurants, merchants, business services, and more can all profit from alternative small business loans. Regardless of the sector you work in, our knowledgeable finance Advisors will collaborate closely with you to determine the optimum finance solution that will enable you to meet your objectives without compromising cash flow.

How Small Business Loans Online Work

1 Apply

Collect three months' worth of bank statements and other documentation. Give us secure access to the transactional data from your bank account so we can approve it more quickly.

2 Choose Funding

Within an hour (during regular business hours), a financing advisor will get in touch with you to finish your application and go over your funding alternatives.

3 Get Funded

Your money can be authorized and deposited within 24 hours after you and your funding advisor decide which funding option is best for your company.

4 Set Repayment

Your company's debit and credit card sales on a daily or weekly basis will be automatically subtracted to cover payment. The amount of your payment will depend on your sales.

How to Use Small Business Loans Online

The application of alternative small company financing is unrestricted. Usually, these loans work best when applied to:

Finance expansion plans, new machinery, and other expensive yet very profitable purchases

Fund a business purchase, merger, or expansion

Finance an acquisition, merger, or growth of a company