Expertise
Randa Kriss is a senior writer and NerdWallet authority on small business. She has nearly a decade of experience in digital content. Prior to joining NerdWallet in 2020, Randa worked as a writer at Fundera, covering a wide variety of small-business topics and specializing in the lending and banking spaces. Her work has been featured by The Washington Post, The Associated Press and Nasdaq, among others. Randa earned a bachelor's degree in English and Spanish at Iona University (formerly Iona College).
More about RandaWe’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.
SBA 7(a) loan
Best for large loan amounts
with NerdWallet Small Business
Pros
Cons
SBA 7(a) loans stand out as an affordable option for businesses that can’t qualify for bank financing, but still have good credit and finances. 7(a) loans offer low interest rates, long repayment terms and large funding amounts. These loans can also be used for a variety of purposes, including working capital, business expansions or purchasing equipment and supplies.
Bank of America Business Advantage Unsecured Term Loan
Best for low interest rates
with NerdWallet Small Business
Pros
Cons
Bank of America’s unsecured term loan offers competitive interest rates and flexible repayment terms — with no collateral required. This loan can help established businesses with good credit expand their operations, purchase equipment or make other long-term investments. Preferred Rewards members may be able to access discounted rates.
Triton Capital - Equipment financing
Best for purchasing a truck or other equipment
with NerdWallet Small Business
Pros
Cons
Triton Capital stands out as an online equipment lender for borrowers with lower credit scores. Triton Capital can finance new or used equipment in a variety of industries. The lender offers competitive interest rates, long repayment terms and flexible payment options. You may be able to get approved and receive funding in as fast as one business day.
OnDeck - Online term loan
Best for fast financing
with NerdWallet Small Business
Pros
Cons
OnDeck’s short-term loan is a good option for making one-time investments in your business, such as opening a new location or renovating your space. This loan offers fast funding (sometimes as quickly as the same day) for borrowers who may not qualify for more traditional financing options. OnDeck’s short-term loan can also be used to establish and build business credit — as the lender reports your payment history to the three commercial credit bureaus.
Fundbox - Line of credit
Best for working capital needs
with NerdWallet Small Business
Pros
Cons
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.
Fora Financial - Online term loan
Best for bad credit
with NerdWallet Small Business
Pros
Cons
Fora Financial stands out as a fast funding option for borrowers who may fall short of qualifying for traditional bank financing. The lender can work with startups and borrowers with bad credit — as long as they have strong revenue. Fora offers large maximum loan amounts and can provide prepayment discounts for those who repay early.
SBA 7(a) loans offer up to $5 million, which can be used for working capital and equipment purchases. Nearly 3,800 7(a) loans were issued to transportation and warehouse companies in fiscal year 2025.
Low interest rate
SBA 7(a) loan
with NerdWallet Small Business
Pros
Cons
Trucking businesses can use Bank of America’s unsecured term loan for a variety of purposes. Interest rates start as low as 6.5%. You’ll need good credit and multiple years in business to qualify.
Bank of America Business Advantage Unsecured Term Loan
with NerdWallet Small Business
Pros
Cons
Triton Capital offers up to $250,000 to buy used or new equipment for your business. Because this financing is secured by the equipment you purchase, it may be easier to access than more traditional loan options.
Triton Capital - Equipment financing
with NerdWallet Small Business
Pros
Cons
OnDeck’s short-term loan can be a good option for one-time, specific investments in your trucking business. You can complete the application in as little as 10 minutes, and if approved, you may be able to get same-day funding.
May fund quickly
OnDeck - Online term loan
with NerdWallet Small Business
Pros
Cons
Fundbox’s flexible line of credit can be used to cover general working capital needs, as well as emergency expenses. It’s a particularly good choice for startups and businesses that are still building their revenue.
May fund quickly
Fundbox - Line of credit
with NerdWallet Small Business
Pros
Cons
Fora Financial only requires a minimum credit score of 570 — the lowest of any lender on our list. You might consider this short-term loan if you have a lower credit score, but strong revenue.
Fora Financial - Online term loan
with NerdWallet Small Business
Pros
Cons
Business Loans with NerdWallet
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