Best Reviews TopConsumerReviews.com Best Business Loans Best Reviews
Best Reviews
      April 7, 2020

Home  >  Business Loans

Best

Business Loans

  1. Funding Circle
  2. LendingClub
  3. Kabbage
  4. National Funding
  5. Balboa Capital
  6. Nat Business Capital
  7. CAN Capital
  8. Advanced Comm Capital
  9. Capital Loan Hub

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Latest Reviews

Andropause

Auto Parts

Auto Warranties

Bad Credit Loans

Credit Monitoring

Home Gyms

Online Backup

Popcorn Clubs

Rowing Machines

Vehicle Inspections

 

Individual Reviews

On Deck

Funding Circle

LendingClub

Kabbage

National Funding

Balboa Capital

National Business Capital

CAN Capital

Advanced Commercial Capital

Capital Loan Hub

 

 

 

 

 

Protect Your Home with FrontPoint Security Today!

 

 

 

 

Make Your Next Jewelry Purchase at Blue Nile!

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Best Business Loans Better Business Bureau Reliability Seal

Best Business Loans

With all the difficulties in today's economy, many people are choosing to open their own business instead of working for a traditional employer. Whether you're just starting your business, expanding your already-established business, or even hanging out a shingle as an online company, it's likely that at some point you'll need a business loan to successfully meet your customer's needs and your business goals.

In the past, small business owners relied heavily on traditional brick-and-mortar banks in order to finance their business loans. Often that meant that borrowers had to rely on their own reputation and relationship with their local bank. Getting the lowest possible interest rate was also more challenging, since there were few lending options from which to choose.

Continue reading below reviews

Best Reviews


2020

Business Loan Reviews

5 stars
On Deck

ON DECKTopConsumerReviews.com Best-In-Class Blue Ribbon Award

In business since 2007, OnDeck specializes in providing short- and long-term business loans and lines of credit, and has helped more than 50,000 small businesses access the funds they need to grow. For businesses looking to borrow funds with extremely competitive rates, OnDeck is an excellent choice. They earn our highest rating.

Read Full Review Visit Site
4.5 stars
Funding Circle

FUNDING CIRCLE

Started by small business owners in response to their own frustrations with securing business loans to grow their company, Funding Circle uses peer-to-peer lending to fund small business loans. With no hidden fees, clear interest rates, and an A+ rating as an accredited business with the Better Business Bureau, Funding Circle is a great choice for people seeking business loans.

Read Full Review Visit Site
4.5 stars
LendingClub

LENDINGCLUB

LendingClub is a trusted lender for those seeking business loans from $5,000 to $300,000. With very competitive interest rates and an uncomplicated application process, LendingClub is an excellent choice for business owners who need a loan to grow their company.

Read Full Review Visit Site
4 stars
Kabbage

KABBAGE

Kabbage uses a unique verification system for businesses looking to qualify for a business loan, making the application process incredibly quick and access to funds almost immediate. While their requirements make them unsuitable for startups, and their total loan amount is smaller than some other lenders, their low fees of 12% or less make them an attractive option for established businesses that need a business loan.

Read Full Review Visit Site
4 stars
National Funding

NATIONAL FUNDING

With loan options ranging from $5,000 to $500,000, National Funding is one of the only providers of business loans who can meet the needs of companies big and small (as long as you have annual gross sales of at least $100,000). They custom-design a loan specific to each customer, and even have options for those with bad credit. While we'd like to see more details about National Lending's fees and typical interest rates, a solid reputation with the BBB and ample 5-star ratings from loyal clients indicate that this provider can be trusted to offer business loans that are fair, affordable, and funded in as little as 24 hours.

Read Full Review Visit Site
3.5 stars
Balboa Capital

BALBOA CAPITAL

Serving customers since 1998, California-based Balboa Capital has funded nearly $5 billion in financing solutions since its inception. Though some borrowers have expressed frustration with fees and other fine-print items, Balboa's A+ rating with the Better Business Bureau and established history make them a company to consider when looking for a business loan.

Read Full Review Visit Site
3.5 stars
National Business Capital

NATIONAL BUSINESS CAPITAL

National Business Capital provides financing to businesses in a variety of industries and credit histories, specializing in helping those who have previously been turned down by banks and other lenders. They maintain an A+ rating with the Better Business Bureau and have a number of convincing testimonials on their website. Information on their loan terms is hard to come by, and we'd like to see more details with respect to loan amounts, eligibility requirements, and interest rates.

Read Full Review Visit Site
3 stars
CAN Capital

CAN CAPITAL

Georgia-based CAN Capital has been providing business loans for nearly 20 years and maintains a perfect A+ rating with the Better Business Bureau. However, interest rates aren't readily available, and our research indicates that they may be as high as 85%. We recommend that prospective borrowers make sure to calculate their APR before making a commitment to borrow from CAN Capital.

Read Full Review Visit Site
2.5 stars
Advanced Commercial Capital

ADVANCED COMMERCIAL CAPITAL

Advanced Commercial Capital is based in St. George, Utah and specializes in a particular type of business loan commonly known as factoring, in which a business sells its outstanding accounts receivable to a financial institution (a "factor") in order to get cash immediately. While this type of business loan may work for some established businesses, especially those with a physical inventory, Advanced Commercial Capital may not meet the needs of other types of businesses, including startups.

Read Full Review Visit Site
1 star
Capital Loan Hub

CAPITAL LOAN HUB

Most US-based businesses are likely to feel uncomfortable attempting to secure a loan through Capital Loan Hub. Based in the Caribbean and with no contact information other than an email address and online contact form, Capital Loan Hub serves merely as a referral service to other lenders and doesn't provide direct funding to businesses. We recommend that you consider one of the proven, trustworthy lenders that rank higher in our reviews.

Read Full Review Visit Site

Continued from above

Fortunately, business owners today can choose among many lenders to find the best terms and interest rates available. In addition to the old local options, small business borrowers now have much more and better choices through various lenders on the Internet that specialize in small business loans.

There are many factors that you should consider before selecting a lender for your business loan. Some of these include:

  • Loan size and rate. How much will you be allowed to borrow? What interest rates do they typically offer on loans of that size?
  • Loan application process. When applying for your business loan, can it be completed online? Is the lending process easy and straightforward?
  • Requirements for business history. Can a brand-new business take out a loan, or is there a minimum time that the business must have been in operation in order to qualify? What other verification and/or collateral is required to secure the loan?
  • BBB rating. Does the lender have an established history of good business practices?

TopConsumerReviews.com has reviewed and ranked the best Business Loan programs available today. We hope this information helps you find the best loan for your small business at an affordable rate!

What small business owners need to know about the $350 billion in loans from the "Paycheck Protection Program'

The federal government's Paycheck Protection Program offering $350 billion in loans to small businesses has attracted widespread interest, but it's also raised plenty of questions from both borrowers ...

Published:  Tue, 07 Apr 2020 03:02:00 GMT



Emergency small business loan program is off to shaky start amid blitz of applications

Banks are struggling to handle a massive surge of applications for loans aimed at helping small businesses keep workers on staff and pay other bills as the coronavirus pandemic takes a growing toll on ...

Published:  Mon, 06 Apr 2020 16:24:00 GMT



After a frenzied rush to file for small business loans, entrepreneurs nervously wait on bank approvals

As the government's $350 billion loan program gets underway, small business owners are anxiously awaiting notice from their lenders about loan approvals.

Published:  Mon, 06 Apr 2020 21:45:00 GMT



Small business loan program stumbles as SBA system crashes

The small business aid program - a crucial part of the government's record $2 trillion plan to rescue the economy from the coronavirus pandemic - has been snarled since it was launched Friday in large ...

Published:  Mon, 06 Apr 2020 15:04:19 GMT



Fed to Provide Financing for Small-Business Stimulus Loans

The Federal Reserve said it will create a program to help speed the flow of funds to small companies through the government's coronavirus stimulus, marking its latest step to shield the U.S. economy ...

Published:  Mon, 06 Apr 2020 15:23:00 GMT



Free Money For Small Business? Beware Legal Risks Of Paycheck Protection Loan Program Until More Guidance Issued

Until the US Treasury clarifies the standards that must be met for "forgivable loans" under the Paycheck Protection Program, law firms are warning about potential legal risks.

Published:  Mon, 06 Apr 2020 16:20:00 GMT



Houston banks exposed to $323M in small business loans outside the stimulus, SBA guarantees

Houston-area banks are exposed to hundreds of millions of dollars in non-guaranteed SBA loans as Main Street businesses nationwide struggle to pay the bills.

Published:  Mon, 06 Apr 2020 08:50:00 GMT



US Fed launches program to support small business loans

The Federal Reserve on Monday announced a program to help facilitate the government's massive lending program for small businesses devastated by the coronavirus shutdowns. It was yet another move by ...

Published:  Mon, 06 Apr 2020 11:56:36 GMT



Plaid gives lenders access to small business payroll data to speed emergency loan approval

Plaid, which is being acquired by Visa, is building a product on Monday that speeds the payroll portion of emergency loan applications from days to a matter of minutes.

Published:  Mon, 06 Apr 2020 18:10:00 GMT



Fed sets up facility to create secondary market for new small business loans

The Federal Reserve on Monday said it was setting up a facility to create a secondary market for loans from the Paycheck Protection program started late ...

Published:  Mon, 06 Apr 2020 11:10:00 GMT



Our Latest Reviews

Andropause

Andropause

Auto Parts

Auto Parts

Auto Warranties

Auto Warranties

Bad Credit Loans

Bad Credit Loans

Credit Monitoring

Credit Monitoring

Home Gyms

Home Gyms

Online Backup

Online Backup

Popcorn Clubs

Popcorn Clubs

Rowing Machines

Rowing Machines

Vehicle Inspections

Vehicle Inspections

Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure