Which Business Loans Company Is Right for Me? Result #20

3. Lending ClubScores Hzntl (8)


  • Term Length: 1-5 Years
  • Origination: 0.99%-5.99%
  • Standard Loans and Lines of Credit Offered
  • Interest Rate: $0.32/Dollar
  • A+ BBB Rating
  • $300,000 Loan Max.

Since 2007, Lending Club has provided over $13 billion to small businesses that can’t qualify for funding from traditional banks. Lending Club offers extremely flexible loan terms, which is good for borrowers needing more time to pay loans off. Furthermore, Lending Club offers up to $300,000 in funding for qualifying applicants, and requires zero collateral for loans under $100,000. Potential borrowers should be aware, however, that Lending Club requires at least seven days before funds can be delivered.

4. OnDeckScores Hzntl (7)

ondeck reviews

  • Term Length: 3-24 Months
  • 2.5% Max. Origination Fee
  • Standard Loans and Lines of Credit Offered
  • Interest Rate: $0.36/Dollar
  • A+ BBB Rating
  • $250,000 Loan Max.

Since its start in 2007, OnDeck has lent over $2 billion to small businesses spanning 700+ industries. OnDeck will lend to applicants with FICO scores as low as 500, and funds will be transferred in as little as 24 hours. While OnDeck does charge a small origination fee, customers will not need to worry about prepayment penalties; on the contrary, for customers who pay off their loans early, OnDeck will provide a discount and other benefits. However, OnDeck does require either personal or business collateral in exchange for the loan, and will only lend to companies making at least $100,000 in annual revenue. Applicants will need to be in business at least a full year before signing up.

15. Bond StreetScores Hzntl (14)


  • Term Length: 1-3 Years
  • 3% Origination Fees
  • Standard Business Loans Offered
  • Interest Rate: $0.025/Dollar
  • Not Rated by the BBB
  • $500,000 Loan Max.

Bond Street has been in business since 2014, and has helped several small businesses secure the funding they need. The company charges zero prepayment penalties should a borrower pay off the loan before the terms have expired, and customers can receive funding in as little as seven days. Bond Street offers one of the highest loan maximums in the industry at $500,000. However, potential borrowers should take note that Bond Street has set very high standards on its loans. Borrowers must be in business for more than two years, have a credit score of at least 640, and make at least $200,000 in annual revenue. Customers should also be aware that Bond Street has not been rated by the Better Business Bureau, and is not available in Nevada, North Dakota, South Dakota, and Vermont.