Giggle Finance is specifically designed to offer small amounts of capital to freelancers, contractors and self-employed individuals. The company provides same-day funding through a simple application process. Giggle is also a standout option for borrowers with bad credit — as the company does not check your credit and instead uses your bank information to underwrite your application.

• Minimum credit score: All credit scores may be accepted (ranging from 300 to 850).
• Minimum time in business: Three months.
• Minimum annual revenue: $18,000.

Fundbox is one of the best online line of credit options for startups. Businesses with just three months in business may be able to qualify. Fundbox is also a good option for borrowers with bad credit and businesses with low revenue. The lender offers a flexible short-term line of credit that can fund within two business days after approval.

• Minimum credit score: 600.
• Minimum time in business: 3 months.
• Minimum annual revenue: $30,000.

Accion Opportunity Fund (AOF) stands out as an affordable option for business owners who can’t qualify for traditional financing. AOF offers competitive interest rates, long repayment terms and flexible qualification requirements. Startups and borrowers with bad credit may qualify. This lender also targets its funding efforts toward minority-, women- and low-to-moderate-income entrepreneurs.

• Minimum credit score: 620.
• Minimum time in business: 24 months.
• Minimum annual revenue: $300,000.

Headway Capital offers a fast and flexible business line of credit that’s a good option for those who can’t qualify for traditional financing. The lender can work with startups and businesses with low revenue. Headway can fund applications as fast as the next day after approval. Unlike some online lines of credit, however, you’ll likely have to pay a draw fee to access your funds from Headway.

• Minimum credit score: 625.
• Minimum time in business: Six months.
• Minimum annual revenue: $50,000.

If you’re looking for an online loan to fund larger purchases, Quantum Lending Solutions may be a good option. The lender offers larger loan maximums and longer repayment terms than some other online lenders. Quantum also works with borrowers with good credit, but provides faster funding than bank or SBA lenders.

• Minimum credit score: 680.
• Minimum time in business: 12 months.
• Minimum annual revenue requirement: $50,000.

SBA microloans are funded by the U.S. Small Business Administration and issued through approved intermediaries, typically nonprofit and community lenders. Microloans stand out as a choice for traditionally underserved businesses, such as startups, women-owned companies and businesses located in low-income communities. Although SBA microloans only provide up to $50,000, they offer competitive interest rates and repayment terms. They also have flexible eligibility requirements — making them a good option for borrowers who can’t qualify for other business loans.

• Be a U.S. business.
• Show your ability to repay the loan.
• Personal guarantee and collateral likely required.
• Specific financial qualifications determined by individual lender.

iBusiness Funding is a good option for qualified business owners who don’t want to wait for bank financing. The lender offers competitive interest rates and long repayment terms, but can fund much more quickly than traditional lenders. And with a large maximum funding amount, this loan can be used for a variety of long-term expansion projects, as well as refinancing existing debt.

• Minimum credit score: 660.
• Minimum time in business: 24 months.
• Minimum annual revenue: $50,000.
• No bankruptcies in the past seven years.

JR Capital stands out as a specialized equipment financing lender that can fund equipment in a variety of industries. The lender offers competitive rates and repayment terms, as well as flexible payment options. JR Capital also has higher funding maximum than other online competitors and doesn’t require a down payment.

• Minimum credit score: 620.
• Minimum time in business: Typically 24 months, but can prioritize industry experience in some cases.
• No minimum annual revenue requirement.

Bank of America’s Cash Secured Line of Credit is designed specifically for startups. After providing an initial deposit, you can use your credit line to cover working capital needs and establish business credit. If you use your credit line responsibly and make regular payments, Bank of America may be able to transition you to an unsecured line of credit.

• Minimum time in business: Six months.
• Minimum annual revenue: $50,000 per year.
• Bank of America checking or savings account required.
• Minimum deposit of $1,000.