Business Loans

Below you will see a variety of business loans and business loan providers. Business loans, no matter what the size of your business, can be an ideal way to get your firm on the path to success. If you are a small start-up company, you may rely heavily on funding so that your business can get its first foot on the ladder. For larger firms, business loans can be used to further the corporate goals or acquire new assets. Use the chart to compare the most important features of different business loans. Weigh up the products and lenders against each other and consider which ones are offering you the business loan that suits you and your corporate requirements the most. What is the interest rate being charged? What are the general loan terms? Will you / your business be eligible on the application? You can view each business loan in more detail by clicking on the 'detail information' link. Click on the More button to apply for one the business loans listed or make an enquiry.

If you wish to speak to someone: Contact Us or Enquiry Line: +1 212 796 5747

COMPANYTYPE

TYPE

Lender / Broker

APR

APR

The term annual percentage rate describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate

LOAN AMOUNT

LOAN AMOUNT

Amount you can borrow

MIN TERM

MIN TERM

Minimum borrowing period

MAX TERM

MAX TERM

Maximum borrowing period

TERMS

TERMS

Terms and conditions of loan

SUITABLE

SUITABLE

Applicants the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

SECURED LOAN

SECURED LOAN

Loans secured with an asset

UNSECURED LOAN

UNSECURED LOAN

Loans which are not secured with an asset

MORE INFO

Prosper Business Loan
Prosper Business Loan

BrokerFrom 6.59%$2000 to $250001 year5 yearsTerms

Terms

See website for details

Suitable For

Suitable

For those with an average to good credit rating seeking an unsecured loan

Restrictions

Restrictions

To qualify for an AA Prosper Rating, applicants must have excellent credit and meet other conditions.

NoYesProsper Business Loan
Prosper is America's leading social lending marketplace. Prosper is the market leader in peer-to-peer lending—a popular alternative to traditional loans and investing options. They connect people who want to invest money with people who want to borrow money. Their members have invested over $400,000,000 in thousands of people just like you. Post your loan request and watch as dozens of Prosper members invest together to get you the money you need. Prosper allows people to invest in each other in a financially & socially rewarding way. DETAIL INFORMATION >>Services

Services

Prosper is the market leader in peer-to-peer lending—a popular alternative to traditional loans and investing options. We cut out the middleman to connect people who need money with those who have money to invest...so everyone prospers!


Advantages

Advantages

1. APRs by Prosper Rating range start at 6.59% (AA)

2. Repeat borrowers may qualify for discounted rates.
3. It's Simple to Apply for a Personal Loan: Give us some basic information about yourself, check your rates and review your loan options and once lenders invest in your loan, money is deposited directly into your bank account.
4. Loans Through Prosper are Unsecured - No Collateral Required
5. You Can Use Your Loan for Almost Any Purpose: Debt Consolidation, Home Improvement, Personal Loans for Business Use, Auto and Vehicle Loans, Short term and Bridge Loans, Green Loans - see website for full list.
6. If accepted - Your monthly loan payments are fixed and will be automatically deducted from your bank account. There are no hidden fees or prepayment penalties, and your loan’s interest rate will never change.
7. The Prosper community does not require "perfect credit." If you have an average to an above average credit rating, one way to expedite your loan funding is to ask another Prosper member (especially a lender) to endorse you 
8. Prosper is America's leading online destination for borrowing money and investing in loans. Join the over 1,320,000 members with over $335,000,000 in loans funded.


Disadvantages

Disadvantages

1. APRs by Prosper Rating can be as high as 35.84% (E) for first time borrowers.

2. Eligibility for a loan is not guaranteed and requires that a sufficient number of investors commit to fund your loan.
3. Most lenders will look at your credit history, and Prosper lenders are no exception. If you are sure you have bad credit, you may want to consider improving it before you apply. If you are not sure of your credit score, we can help you find out now, for free, with no obligation.

If you wish to speak to someone: Contact Us or Enquiry Line: +1 212 796 5747

Compare Business Loans

If you need funding for your business why not get a business loan today to help you fulfil your company’s aspirations?

What is a Business Loan?

A business loan is a loan for a business. Whether your business is just getting started or you want to expand a business loan can help you reach your aspirations. Often getting the right finance is critical to the success of any business. Whatever the size or type of your business you can find a wide range of loans that can suit your corporate requirements. There are lenders that specialize in finding both short term and long term financial solutions for business owners, regardless of their personal credit status. The amount you can borrow will depend on your business and each lender will have its own criteria. The exact amount you can borrow is usually based on the size or type of your business but could also be determined by what you need the money for.

What can a Business Loan be used for?

A business loan can be used for a variety of means but in general they are usually utilised in order to expand a business’s earning potential in some way. If you are starting a new business a business loan can help you get started. Business loans can be used for a wide range of purposes and can be a real help to progress your business further. Business loans give businesses instant access to money allowing companies to expand their potential profitability.

When you take out a business loan, companies are able to get hold of the assets they need in order to rent or buy offices, purchase necessary equipment and inventory, employ more staff, promotion for your business or simply make sure you are covered for any potential unforeseen expenses.

What do I need to get accepted for a Business Loan?

Be prepared to be required to submit a business plan when applying for a loan to provide information to the lenders on the performance and future plans for your business. You may have to go into a lot of detail about how you are going to use the money and discuss your profitability. Lenders will examine your costs and margin control.

How do I find the Business Loan that is right for me?

The right loan for you will depend on your individual corporate requirements. You need to think about how much money you need, what you are going to do the money and how you will repay the money you borrowed. To avoid getting into debt you need to make sure you know when you are expected to pay and make sure you pay on time. This will also help protect your credit rating.

Business loans can have many flexible aspects so take your time and compare the different loan offers. You should choose a lender that has experience in helping business customers get the financing they need. Watch out for any hidden or upfront fees that might be attached to the loan and always read the terms and conditions thoroughly.

Business Loans - Latest News News and Charts

Find the right business loan

24 April 2013
Mark Maffia

Maybe you just are about to start a small business, maybe you want to expand an already established firm – to get the right finance determines the further success.

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Looking For A Loan For Your Business?

14 June 2012 09:30am
Victoria Wedderburn

A business loan is a loan for a business, whether it is just getting starting or you want to expand. Whatever the size or type of your business you can find a wide range of loans that can suit your corporate requirements.

READ ARTICLE

BLG Business Loan

30 March 2012 12:00PM
Which Way to Pay

Looking for a loan for your business? The Business Loan Group offer a business loan now available for you to compare at Which Way To Pay. The Business Loan Group specializes in finding both short term and long term financial solutions for all business owners, regardless of their personal credit status.

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