Our business loan rates and fees
We believe you deserve a more transparent lending experience, which is why we’ll always be upfront about the true cost of your loan.Get your personalized rate
Our fixed annual interest rates make your repayment schedule predictable – just a consistent, once-monthly payment over the life of your loan. Your rate is based on the strength of your credit profile.
Our interest rates range from 4.99% - 22.99% and our APR ranges from 11.67% - 36%. Our seasoned team of underwriters use their small business expertise as well as hundreds of traditional and alternative data points to determine your rate.
Our pricing structure is simple and transparent. We won’t try to nickel-and-dime you by tacking on additional surprise fees that can add up quickly.
|Origination fee||3.49% to 6.99%||A single one-time fee to cover our costs of evaluating and originating your loan. The fee is based on the strength of your credit profile and is deducted from your total loan proceeds, which means you do not pay this fee if you do not receive a loan.|
|Prepayment fee||None||Unlike some other lenders, we don’t charge you anything if you repay your entire loan early. Plus, you only have to pay interest for the time you borrow!|
|Late payment fee||5% of missed payment||If your monthly payment is late, you will be charged a fee on the missed payment. This fee is added to your original monthly payment, withdrawn from your account and passed directly onto investors.|
Learn more about your options for small business loans & financing
Small business loans for women
We’re invested in helping women-owned businesses get affordable loans from $25K to $500k.Learn more
Minority business loans
Discover loan options specifically designed for small businesses owned by minorities.Learn more
Consolidating business debt
Learn why it might be worth consolidating your business debt into a single monthly payment.Learn more
Learn about different business financing options available for small business owners.Learn more
Business acquisition loans
Browse through different types of acquisition loans and examine the pros and cons of each.Learn more
Small business term loans
Learn about our short and long term loans - up to $500k with rates as low as 4.99%.Learn more