Best of
Best Options for Peer-to-Peer Business Loans
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Peer-to-peer business loan options include loans from Funding Circle and StreetShares. You'll need good credit to qualify with these lenders.
While shopping for small-business loans online, you’ve likely come across companies that specialize in peer-to-peer business lending.
What is peer-to-peer, or P2P, business lending? Peer-to-peer lenders underwrite borrowers but don’t fund the loans directly. Instead, they’re an intermediary between the borrower and an individual or institutional investor such as a hedge fund or investment bank.
To help you decide if P2P is the best option for your business, we break down two popular options: Funding Circle and StreetShares. These P2P business lenders cater to established small-business owners with good credit. If your credit score falls below 600 and you need an influx of cash, check out our recommendations for bad-credit business loans.
While shopping for small-business loans online, you’ve likely come across companies that specialize in peer-to-peer business lending.
What is peer-to-peer, or P2P, business lending? Peer-to-peer lenders underwrite borrowers but don’t fund the loans directly. Instead, they’re an intermediary between the borrower and an individual or institutional investor such as a hedge fund or investment bank.
To help you decide if P2P is the best option for your business, we break down two popular options: Funding Circle and StreetShares. These P2P business lenders cater to established small-business owners with good credit. If your credit score falls below 600 and you need an influx of cash, check out our recommendations for bad-credit business loans.
Easily get real, personalized small business loan rates to compare — not just ranges or estimates.
It’s free and won’t affect your credit.
on Fundera's website
Easily get real, personalized small business loan rates to compare — not just ranges or estimates.
It’s free and won’t affect your credit.
on Fundera's website
Summary of Best Options for Peer-to-Peer Business Loans
| Lender | Est. APR | Min. Credit Score |
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» MORE: Peer-to-peer personal loans
Find and compare small-business loans
NerdWallet has a list of the best small-business loans to meet your needs and goals. We gauged lender trustworthiness, market scope and user experience, among other factors, and arranged them by categories that include your revenue and how long you’ve been in business.
Last updated on November 21, 2019
