Business Loan Lenders

There are many alternative business finance companies but not all offer unsecured term loans. We put together a list of lenders that do offer a business loan product that go directly to the merchant or that have a large ISO client base for deal flow. Rates, maximum funding amount and terms vary. Some are funding companies who recently introduced a loan and others who have been doing so for quite some time, but they may also offer lines of credit, merchant cash advances, equipment financing or other business financing products.

We suspect there will be more to add to this list in the future as funders start to diversify their product offering in order to stay competitive, keep the merchant in the product life cycle or adjust in the quickly changing market of alternative business financing and fintech overall. Several companies have started following the term loan product that is structured legally as a simple interest loan but seems very similar to a factoring product like an MCA. The key is in the language and terms in the contract which should be thoroughly explained by ISOs and brokers to the merchant..

This is not an endorsement for these companies so please perform your own due diligence before working with them.

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BlueVine is among the online lenders that offer business term loans. Along with competitive rates, BlueVine offers up to $250,000 over 6 or 12 months and keeps fees low: they don’t charge early repayment fees, which is beneficial for you as a small business owner. You can apply for a business term loan directly through BlueVine in a few minutes, and find out if you’re approved often within a day.

Breakout Capital

Built on the pillars of transparency, honesty, and doing what’s right for small business. And we mean that. We’re working for small businesses every day, providing responsible working capital solutions tailored specifically for your business. Our tagline says it all: Empowering Small Business. We want to put the financial control back into the hands of small business owners and allow you to focus on what you do best: running and growing your business.

Credibility Capital

In today's banking environment, obtaining financing can be difficult for a majority of these businesses, even for those with good credit histories and strong balance sheets. Our platform matches businesses with institutional investors to fund loans ranging from $25,000 to $350,000.

Funding Circle

When Funding Circle was founded, we could see that businesses weren’t being given the finance to grow, while investors were making poor returns. We had a simple idea — let them support each other. Businesses get fast, easy access to financing to grow, create jobs, support local communities and drive the economy forward.
Every day, thousands of successful business owners struggle to get loans to grow their businesses, battling endless streams of paperwork and complex loan options. We believe small businesses deserve better.
Apply through Funding Circle to get a term loan exclusively made for small businesses.


Whether things are slow or you need to grow, LoanMe is here. What is clear now more than ever before is that our success as a company comes second to our customers’ success in securing the resources they need to create a path forward for themselves.
Need a new piece of equipment? Waiting on a receivable but need cash now? We help business owners like you get the job done. 
Our talented business specialists can help you get the funds you need fast.


Newtek Business Services Corp. (NASDAQ: NEWT) and its portfolio companies are premier providers of business solutions that are designed to help organizations grow sales, reduce costs, and minimize risk. 
We can often do what banks can not — including loans of up to $15 million, payback terms as long as 7 to 25 years, and dynamic solutions that combine term and lines of credit to satisfy short and long term financing needs.


Created to support and empower small businesses, OnDeck is 100% committed to serving our customers with the smartest financing solutions and world-class service. OnDeck is the secure financing service that business owners everywhere can truly rely on.