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 8 working capital loans
Lender | NerdWallet Rating▼ | Max loan amount▼ | Min. credit score▼ | Next steps |
---|---|---|---|---|
SBA 7(a) loan with Fundera by NerdWallet | Best for SBA working capital loans | $5,000,000 | 650 | with Fundera by NerdWallet |
Funding Circle - Online term loan with Fundera by NerdWallet | 4.5/5 Best for Working capital loans for established businesses | $500,000 | 660 | with Fundera by NerdWallet |
OnDeck - Online term loan with Fundera by NerdWallet | 4.7/5 Best for Fast working capital loans | $250,000 | 625 | with Fundera by NerdWallet |
Fora Financial - Online term loan with Fundera by NerdWallet | 4.5/5 Best for Working capital loans for bad credit | $1,500,000 | 570 | with Fundera by NerdWallet |
Fundbox - Line of credit | 4.9/5 Best for Unsecured working capital loans | $150,000 | 600 | Read Review |
Accion Opportunity Fund - Small Business Working Capital Loan | 4.6/5 Best for Working capital loans for women- and minority owned businesses. | $250,000 | 570 | Read Review |
American Express® Business Line of Credit | 4.6/5 Best for Working capital loans for American Express customers | $250,000 | 660 | Read Review |
PayPal Working Capital Loan | Best for PayPal Premier or Business account holders | $250,000 | 300 | Read Review |
Here are 8 working capital loans
Best for SBA working capital loans
Best for Working capital loans for established businesses
Best for Fast working capital loans
Best for Working capital loans for bad credit
Best for Unsecured working capital loans
Best for Working capital loans for women- and minority owned businesses.
Best for Working capital loans for American Express customers
Best for PayPal Premier or Business account holders
I'M INTERESTED IN:
Our pick for
SBA working capital loans
The SBA 7(a) loan program includes term loans as well as line of credit options that you can use for working capital, seasonal expenses or costs to cover supplies and labor while completing a contracted project.
SBA 7(a) loan
Max loan
$5,000,000
Min. Credit score
650
Apr range
11.50-15.00%
Our pick for
Working capital loans for established businesses
Funding Circle’s loans can fund within a matter of days, but 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
Fast working capital loans
OnDeck’s same-day business loans are available to business owners with credit scores of 625 or more.
OnDeck - Online term loan
Max loan
$250,000
Min. Credit score
625
Apr range
27.20-99.90%
Our pick for
Working capital loans for bad credit
Fora Financial offers working capital loans to borrowers who have a personal credit score of 570 or higher.
Fora Financial - Online term loan
Max loan
$1,500,000
Min. Credit score
570
Our pick for
Unsecured working capital loans
Fundbox offers working capital lines of credit up to $150,000. You do not need to put up physical collateral, but the lender does require a UCC lien, and in some cases, a personal guarantee.
Fundbox - Line of credit
Max loan
$150,000
Min. Credit score
600
Apr range
36.00-99.00%
Our pick for
Working capital loans for women- and minority owned businesses.
You may be able to qualify for a working capital loan from Accion with three months or more in business.
Accion Opportunity Fund - Small Business Working Capital Loan
Max loan
$250,000
Min. Credit score
570
Apr range
8.49-24.99%
Our pick for
Working capital loans for American Express customers
American Express offers business lines of credit that can be used as a working capital loan to make business purchases, address cash flow issues and other purposes.
American Express® Business Line of Credit
Max loan
$250,000
Min. Credit score
660
Our pick for
PayPal Premier or Business account holders
PayPal Working Capital loans are available to PayPal Premier or Business account holders. Loan amounts range from $1,000 to $250,000.
PayPal Working Capital Loan
Max loan
$250,000
Min. Credit score
300
A closer look at the best working capital loans
SBA 7(a) loan
- Borrowing maximums of $5 million.
- Interest rates capped at 15%.
- Personal guarantee required.
Funding Circle
- Funding available within two business days.
- Loan terms up to seven years.
- Minimum 660 credit score required.
OnDeck
- Funding may be available within the same business day.
- Minimum credit score requirement of 625.
- Daily or weekly repayments are required.
Fora Financial
- Minimum credit score: 570.
- Prepayment discounts available.
- High minimum revenue requirements.
Fundbox
- Minimum credit score requirement of 600.
- Six month time in business requirement.
- Loan amounts up to $150,000.
Accion Opportunity Fund
- Loan amounts up to $250,000.
- Rates as low as 8.49%.
- Minimum 570 credit score required.
American Express® Business Line of Credit
- Monthly repayment schedule.
- Minimum credit score of 660.
- Line of credit amounts up to $250,000.
PayPal Working Capital Loan
- No credit check required.
- Funding can be available within minutes.
- Low minimum revenue requirements.
🤓 Nerdy Tip
Working capital is the amount of money available at any given time to meet short-term, or day-to-day, business needs. Net working capital is calculated by subtracting current liabilities from current assets. Current liabilities and assets are generally more liquid things like accounts payable, salaries, cash on hand or accounts receivable. Seasonality, growth stage and industry can all influence the ideal amount of working capital for your business.