How much do you need?
We’ll start with a brief questionnaire to better understand the unique needs of your business.
Once we uncover your personalized matches, our team will consult you on the process moving forward.
Here are 7 emergency business loans
Lender | NerdWallet Rating | Max loan amount | Min. credit score | Next steps |
---|---|---|---|---|
Fora Financial - Online term loan with Fundera by NerdWallet | 4.5/5 Best for Emergency business loans for bad credit | $1,500,000 | 500 | with Fundera by NerdWallet |
OnDeck - Line of credit with Fundera by NerdWallet | 5.0/5 Best for Emergency business loans for working capital | $100,000 | 625 | with Fundera by NerdWallet |
Bluevine - Line of credit with Fundera by NerdWallet | 5.0/5 Best for Same-day emergency business loans | $250,000 | 625 | with Fundera by NerdWallet |
Fundbox - Line of credit | 5.0/5 Best for Emergency business loans for startups | $150,000 | 600 | Read Review |
Funding Circle - Online term loan with Fundera by NerdWallet | 5.0/5 Best for Emergency business loans for established businesses | $500,000 | 660 | with Fundera by NerdWallet |
OnDeck - Online term loan with Fundera by NerdWallet | 5.0/5 Best for Emergency short-term business loans | $250,000 | 625 | with Fundera by NerdWallet |
National Funding - Equipment Financing with Fundera by NerdWallet | 4.5/5 Best for Emergency equipment financing | $150,000 | 600 | with Fundera by NerdWallet |
Here are 7 emergency business loans
Best for Emergency business loans for bad credit
Best for Emergency business loans for working capital
Best for Same-day emergency business loans
Best for Emergency business loans for startups
Best for Emergency business loans for established businesses
Best for Emergency short-term business loans
Best for Emergency equipment financing
Our pick for
Emergency business loans for bad credit
Fora Financial offers short-term loans that can be approved and funded in 24 to 48 hours. You may be able to qualify with a minimum credit score of 500.
Fora Financial - Online term loan
Max loan
$1,500,000
Min. Credit score
500
Our pick for
Emergency business loans for working capital
OnDeck’s line of credit is available in amounts up to $100,000. You may be able to get approved and receive funding in as little as 24 hours.
OnDeck - Line of credit
Max loan
$100,000
Min. Credit score
625
Apr range
39.90-77.90%
Our pick for
Same-day emergency business loans
When you apply for a Bluevine line of credit, you may be able to receive a decision and get funded within hours.
Bluevine - Line of credit
Max loan
$250,000
Min. Credit score
625
Apr range
20.00-50.00%
Our pick for
Emergency business loans for startups
If your new business needs capital quickly, Fundbox can offer funding as soon as the next business day. You may be able to qualify with only six months in business.
Fundbox - Line of credit
Max loan
$150,000
Min. Credit score
600
Apr range
10.10-79.80%
Our pick for
Emergency business loans for established businesses
Funding Circle offers competitive interest rates and can fund applications in as fast as 48 hours. You’ll need at least two years in business to qualify.
Funding Circle - Online term loan
Max loan
$500,000
Min. Credit score
660
Apr range
15.22-45.00%
Our pick for
Emergency short-term business loans
OnDeck offers business loans with repayment terms up to 24 months. You may be able to get same-day funding on loans up to $100,000.
OnDeck - Online term loan
Max loan
$250,000
Min. Credit score
625
Apr range
35.40-99.90%
Our pick for
Emergency equipment financing
If you need to replace business equipment, National Funding offers equipment loans up to $150,000. Funding can be available in as little as 24 hours.
National Funding - Equipment Financing
Max loan
$150,000
Min. Credit score
600
Business term loans
Business lines of credit
Invoice factoring
Merchant cash advances, or MCAs
SBA disaster loans
- Home and personal property loans. Replace or repair your home or personal property after a disaster.
- Business physical disaster loans. Replace or repair business property, such as machinery, equipment, fixtures or inventory, after a disaster.
- Economic injury disaster loans. Help businesses meet financial obligations and operating expenses that they could typically meet if not for a disaster.
- Military reservist injury loans. Help businesses meet operating expenses because an essential employee was called to active duty.
- Pay for essential expenses during a slow down or change in operations.
- Replace broken or damaged equipment.
- Repair property damaged in a disaster.
- Take advantage of an unexpected opportunity.
- Your need for capital isn’t immediate — especially if you can qualify for more competitive rates and terms by waiting.
- Taking on debt will actually harm your financial situation instead of helping.
1. Evaluate your financing needs
2. Check your qualifications
3. Research and compare lenders
4. Complete and submit your application
- Business and personal bank statements.
- Business and personal tax returns.
- Business financial statements.
Wondering if you qualify?
It’s possible to get a business loan even if you have bad credit. Bad-credit business loans are available from alternative sources, like online or nonprofit lenders.
Frequently Asked Questions
- Repairing physical damage to your business location.
- Restoring or restocking damaged inventory.
- Replacing broken or damaged equipment.
- Covering essential expenses when you experience a seasonal slow down, change in operations or have to close your business during an emergency.
- Covering loss of revenue or additional expenses associated with losing a key employee.