Best Working Capital Loans of September 2025
Compare different lender options to find the best working capital loan for your needs. Select your business type to get started.
| Lender | NerdWallet rating | Best For | Max loan amount | Min. time in business | Min. interest rate | Term length | Learn more |
|---|---|---|---|---|---|---|---|
 with Fundera by NerdWallet | Read expert review | Best for large loan amounts | $5,000,000 | 24 months | 10.25% | Up to 25 years | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for bad credit borrowers | $1,500,000 | 6 months | Undisclosed | 4 to 18 months | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for no credit check | $10,000 | 3 months | Undisclosed | Undisclosed | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for lines of credit | $250,000 | 12 months | 14% | Up to 6 months | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for startup businesses | $250,000 | 3 months | 36% | 3 to 6 months | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for established businesses that need fast financing | $500,000 | 24 months | 15.22% | 6 months to 5 years | with Fundera by NerdWallet |
 with Fundera by NerdWallet | Read expert review | Best for flexible repayment options | $100,000 | 6 months | 35% | 12 to 24 months | with Fundera by NerdWallet |
best working capital loans: More details
U.S. Small Business Administration: Best for large loan amounts
Low interest rate
SBA 7(a) loan
with Fundera by NerdWallet
Max loan amount
$5,000,000
Min. credit score
650
Term length
Up to 25 years
Pros
- Large borrowing maximums.
- Interest rates are capped.
- Long repayment terms available.
Cons
- Collateral is typically required.
- Longer processing times than online lenders.
Pros
- Large borrowing maximums.
- Interest rates are capped.
- Long repayment terms available.
Cons
- Collateral is typically required.
- Longer processing times than online lenders.
with Fundera by NerdWallet
Fora Financial: Best for bad credit borrowers
Fora Financial - Online term loan
with Fundera by NerdWallet
Max loan amount
$1,500,000
Min. credit score
570
Term length
4 to 18 months
Pros
- Cash can be available quickly.
- Get a discount for prepaying.
- No collateral required.
- Low minimum credit score requirement.
Cons
- Charges a factor rate that makes it more difficult to compare costs with other lenders.
- Can’t build business credit.
- Longest loan term is 18 months.
- Charges an origination fee.
Pros
- Cash can be available quickly.
- Get a discount for prepaying.
- No collateral required.
- Low minimum credit score requirement.
Cons
- Charges a factor rate that makes it more difficult to compare costs with other lenders.
- Can’t build business credit.
- Longest loan term is 18 months.
- Charges an origination fee.
with Fundera by NerdWallet
Giggle Finance: Best for no credit check
Giggle Finance - Merchant cash advance
with Fundera by NerdWallet
Max loan amount
$10,000
Min. credit score
300
Term length
Undisclosed
Pros
- No minimum credit score requirement.
- Same-day funding available.
- Specifically designed for freelancers and self-employed individuals.
Cons
- Funding maxes out at $10,000 ($20,000 for repeat customers).
- Factor rate and fee information not available on website.
- Charges an origination fee.
Pros
- No minimum credit score requirement.
- Same-day funding available.
- Specifically designed for freelancers and self-employed individuals.
Cons
- Funding maxes out at $10,000 ($20,000 for repeat customers).
- Factor rate and fee information not available on website.
- Charges an origination fee.
with Fundera by NerdWallet
Bluevine: Best for lines of credit
May fund quickly
Bluevine - Line of credit
with Fundera by NerdWallet
Max loan amount
$250,000
Min. credit score
625
Term length
Up to 6 months
Pros
- Cash can be available within 12 to 24 hours.
- Can be used to build business credit.
- Low minimum credit score requirement.
Cons
- Requires weekly payments.
- Not available in North Dakota, South Dakota or Nevada.
- Rates can be high compared with traditional lenders.
Pros
- Cash can be available within 12 to 24 hours.
- Can be used to build business credit.
- Low minimum credit score requirement.
Cons
- Requires weekly payments.
- Not available in North Dakota, South Dakota or Nevada.
- Rates can be high compared with traditional lenders.
with Fundera by NerdWallet
Fundbox: Best for startup businesses
May fund quickly
Fundbox - Line of credit
with Fundera by NerdWallet
Max loan amount
$250,000
Min. credit score
600
Term length
3 to 6 months
Pros
- Financing available within two business days after approval.
- Simple application with minimal documentation required.
- Low minimum credit score, time in business and annual revenue requirements.
- No prepayment penalties, account maintenance fees or inactivity fees.
Cons
- Rates are high compared with traditional banks.
- Weekly repayments required over a short term (maximum of 24 weeks).
Pros
- Financing available within two business days after approval.
- Simple application with minimal documentation required.
- Low minimum credit score, time in business and annual revenue requirements.
- No prepayment penalties, account maintenance fees or inactivity fees.
Cons
- Rates are high compared with traditional banks.
- Weekly repayments required over a short term (maximum of 24 weeks).
with Fundera by NerdWallet
iBusiness Funding: Best for established businesses that need fast financing
May fund quickly
iBusiness Funding - Online term loan
with Fundera by NerdWallet
Max loan amount
$500,000
Min. credit score
660
Term length
6 months to 5 years
Pros
- Cash can be available within two business days.
- Competitive rates among online lenders.
- Terms up to five years.
- iBusiness Funding also offers SBA loans up to $5 million.
Cons
- Charges an origination fee.
- Must be in business for a minimum of 24 months.
- Minimum credit score is higher than some other lenders.
Pros
- Cash can be available within two business days.
- Competitive rates among online lenders.
- Terms up to five years.
- iBusiness Funding also offers SBA loans up to $5 million.
Cons
- Charges an origination fee.
- Must be in business for a minimum of 24 months.
- Minimum credit score is higher than some other lenders.
with Fundera by NerdWallet
Headway Capital: Best for flexible repayment options
Headway Capital - Line of credit
with Fundera by NerdWallet
Max loan amount
$100,000
Min. credit score
625
Term length
12 to 24 months
Pros
- Flexible qualification requirements.
- No prepayment penalties.
- Funds available by next business day after approval.
Cons
- Most borrowers are subject to a 2% draw fee.
- Not available in all U.S. states.
Pros
- Flexible qualification requirements.
- No prepayment penalties.
- Funds available by next business day after approval.
Cons
- Most borrowers are subject to a 2% draw fee.
- Not available in all U.S. states.
with Fundera by NerdWallet
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Table of contents
How we chose the best working capital loans
NerdWallet’s editorial team evaluates working capital loans based on six major categories. They include:
- Cost.
- Transparency.
- Underwriting and loan flexibility.
- Credit.
- Application experience.
- Customer service.
Working capital loans need to earn at least 4 stars to make our list.
⭐ What our star ratings mean
Which working capital loans we consider
NerdWallet’s editorial team has reviewed 60 working capital loans in 2025. We focus on loans widely available to business owners. This typically means options from major banks, like Bank of America, Wells Fargo and Chase, as well as reputable online lenders, such as OnDeck, Bluevine and Fundbox.
We research local and community loan options as well. Our writers and editors may not fully evaluate these options because of their limited availability. Still, these loan options might meet your business’s needs. For instance, community lenders tend to offer startup business loans business loans for bad credit
≡ Full list of working capital loans
How we keep our picks up to date
NerdWallet has a full-time team of small-business writers and editors. Here's how we monitor this page — and the overall small-business loan
- Review information for all loan products regularly. We do a full audit annually. We also update loan details and star ratings as soon as any changes occur.
- Survey business lenders. We ask lenders directly for information that matters to business owners, but may not be publicly available. For instance, we ask whether lenders report to the commercial credit bureaus and if they offer an online dashboard for loan management.
- Test the borrower experience. We start the loan application process online (when possible) to better understand what’s required and how long the process takes. We also call lenders directly to see what their customer service is like.
- Gather insights from experts and business owners. Our team regularly interviews experts at banks, nonprofit and community lending organizations and even the U.S. Small Business Administration. We ask them for insights into the lending industry, key trends, as well as the challenges and priorities for small-business borrowers. We also check online channels, such as Reddit, Trustpilot and the Better Business Bureau to get a sense of what people are saying about business loan products and their lending experiences.
- Monitor news and trends. We monitor news and trends using Google Alerts, outreach from public relations contacts, and AI-assisted web scraping. This helps us stay up to date on changes in loan rates, underwriting standards and financing options for small-business owners.
How to choose a working capital loan
The best working capital loan is typically the most affordable option you can qualify for that meets your needs. As you compare different options, you should consider factors such as:
💲 Maximum funding amount
📈 Interest rate
💰 Additional fees
🗓️ Loan term
⏱️ Time to fund
🤝 Lender reputation
Pros and cons of working capital loans
Pros
- Suitable for cash flow gaps and seasonal slows.
- Flexible funds that can be used for a variety of purposes
- Accessible to a wide variety of businesses.
- Can fund quickly.
Cons
- Some lenders may require daily or weekly payments.
- Can be expensive.
- Lenders may charge interest as a factor rate — which can make it difficult to understand the cost of your financing.
How to get a working capital loan
The general process for getting a working capital loan is generally similar to that of other business financing. Follow these steps:
1. Understand your financing needs. Working capital loans are typically used for short-term business needs. Start by assessing whether you need funding immediately or if you can wait to qualify for a longer-term, lower-cost loan. If you decide to seek financing now, determine how much capital you need and what you can realistically afford.
🧮 Join the 70,000+ small-business owners who get nerdy with our free business loan calculator
2. Evaluate your qualifications . Review common business loan requirements
3. Research lenders. Look for lenders that offer working capital loans suited to your business’s specific needs. Reading online reviews and testimonials can help you understand what it’s like to work with each lender.
4. Gather business documents. During the application process, you’ll need to submit financial documents, such as profit and loss statements, bank statements or tax returns, as well as business and legal documents, like your operating agreement and business plan
5. Submit your application. After you apply, online lenders may review your application within a few hours, while banks take longer. SBA loans may have the longest timelines
» Need more guidance? How to apply for and get a business loan
Frequently asked questions
What is a working capital loan?
How do working capital loans work?
Are working capital loans a good idea?
What are the rates on working capital loans?
Is a working capital loan a line of credit?
Last updated on September 24, 2025
How Fundera by NerdWallet works
Getting a business loan can be challenging, and several factors —
cost, speed, repayment schedule — can play a role in deciding which
product is right for you. Let us help you through the process.
Get started
Fill out one simple application
Answer a 3-minute questionnaire about your business to get personalized lending options. It’s free and won’t impact your credit score.
See your business loan options
Compare interest rates and repayment terms to choose the best product for your needs.
Get your loan
If the lender approves you, you’ll sign closing documents in order to receive funds. Some lenders can approve and fund loans within one business day.
Methodology
NerdWallet’s review process evaluates and rates small-business loan products from traditional banks and online lenders. We collect over 30 data points on each lender using company websites and public documents. We may also go through a lender’s initial application flow and reach out to company representatives. NerdWallet writers and editors conduct a full fact check and update annually, but also make updates throughout the year as necessary.
Our star ratings award points to lenders that offer small-business friendly features, including:
- Transparency of rates and terms.
- Flexible payment options.
- Fast funding times.
- Accessible customer service.
- Reporting of payments to business credit bureaus.
- Responsible lending practices.
We weigh these factors based on our assessment of which are the most important to small-business owners and how meaningfully they impact borrowers’ experiences.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodology for small-business loans editorial guidelines
