Which Business Loans Company Is Right for Me? Result #3

1. CAN CapitalScores Hzntl


  • Term Length: 4-14 Months
  • No Hidden Costs
  • Standard Loans and MCAs Offered
  • Interest Rate: $0.35/Dollar
  • A+ BBB Rating
  • $150,000 Loan Max.

As one of the largest small business lending alternatives in the nation, CAN Capital has assisted over 100,000 small- and medium-sized-business owners receive the funding necessary to move their business ideas forward. Those who qualify can receive funding at competitive interest rates in as little as two days. CAN Capital offers flexible terms, and can assist companies that have been in business as little as four months. Borrowers will not need to worry about hidden origination or prepayment fees, and CAN Capital will even provide a discount to borrowers who pay off their loans early. However, potential applicants must bear in mind that CAN Capital will only finance companies with at least $4,500 in monthly revenue coming in. The company will also not accept applicants with credit scores lower than 550.

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.