Startup Business Loans
Financing options for businesses under 2 years old
- Financing options for businesses 6+ months old
- No lengthy history required — revenue-based approval
- Apply free — no impact to your credit score
At a Glance
Startup Business Loans
Getting a business loan as a startup is more challenging — but it's far from impossible. Approvd works with lenders who specifically focus on early-stage businesses with 6+ months of operating history. We'll match you with the financing options most likely to work for your situation and help you understand what you can do to strengthen your application.
Best Loan Options for Startups
We match you to the right product based on your specific situation — not just credit score.
Revenue-Based Financing
Most accessible for startups — 6 months of consistent revenue is often enough to qualify
Business Line of Credit
Smaller revolving credit lines are available to businesses with 6–12 months of history
Business Term Loan
Micro and small term loans are available for newer businesses with strong monthly revenue
SBA Financing
SBA microloans (up to $50K) are specifically designed for startups and new businesses
Tips to Improve Your Approval Odds
Wait Until 6 Months In
Most lenders require a minimum of 6 months in business. If you're close, wait until you hit that milestone before applying.
Use Strong Personal Credit
For startups, your personal credit score carries more weight. A 680+ personal score significantly improves your odds.
Build Business Credit Early
Open a business bank account, get a business credit card, and establish trade lines as early as possible to build your business credit profile.
Show Consistent Revenue
Even $10K–$15K/month in consistent deposits is compelling to lenders. Avoid large unexplained withdrawals before applying.
Minimum Requirements
General requirements across our lender network. Actual requirements vary by product and lender.
See Your Options — Free
Our free 5-minute application matches you with lenders who specialize in your situation.
- No hard credit pull to check options
- Specialized lenders for your situation
- 75+ lenders reviewed at once
- Free, no-obligation process
Frequently Asked Questions
Can a startup business get a loan?
Yes, with the right approach. Most lenders require at least 6 months in business and consistent monthly revenue. Revenue-based financing and SBA microloans are the most accessible products for startups. Having a strong personal credit score (680+) also significantly helps.
What is an SBA microloan?
SBA microloans are small loans up to $50,000 specifically designed for newer businesses and startups. They're administered by nonprofit intermediary lenders and typically have more flexible requirements than traditional SBA loans. Approvd can connect you with SBA microloan lenders.
How much can a startup borrow?
Most startups under 1 year old can qualify for $5,000–$100,000, depending on monthly revenue. Businesses with 12–24 months of history and $15K+ monthly revenue may qualify for up to $500,000.
What if my startup has no revenue yet?
If your business has no revenue, traditional business loans are not yet accessible. Focus on SBA microloans, personal loans used for business purposes, business credit cards, angel investors, or crowdfunding. Once you reach $10K+ monthly revenue, come back and apply.
Rate Disclosure: APR and total cost of capital vary by lender, loan type, credit profile, and other factors. Rates shown are representative examples only and do not constitute an offer. Actual rates are determined by lenders at the time of application. Applying does not guarantee approval or any specific rate or term.
Ready to Find Your Best Loan Option?
Apply free in 5 minutes. Compare offers from 75+ lenders. No impact to your credit score.