What Do You Need to Be Eligible to Apply for Small Business Loans?
1. One (1) year in business:
Even as a young, growing business, you can still find financing options
2. $120K in annual revenue:
To qualify, your business must be generating a minimum of $10,000 monthly revenue
3. 580+ Credit Score Required:
We have financing options for businesses with excellent and bad credit.
To apply for small business loans, the first thing that you will need to consider is the lender. Lenders may have different guidelines, requirements, and application processes. With LoanGIANT, you can apply for small business loans online by filling out a 60-second application form, and select from multiple loan options within our marketplace.
Showing a profit helps, but is not always essential to receive financing. We focus on your business’s potential, rather than your history.
SBL - What Do You Need to Be Eligible to Apply for Small Business Loans?
Grow Your Business
Financing gives you access to the cash you need to fast-track projects and scale your business. You can use funding to open a new location, hire new employees, invest in marketing campaigns, upgrade internal processes, and much more.
