Best Startup Business Loans

Introduction

Getting funded as a startup is harder — but not impossible. The most accessible options rely on personal credit, collateral, or innovative revenue metrics rather than business history.

1. SBA Microloan

SBA Microloans are specifically designed for startups and early-stage businesses, with nonprofit intermediaries providing both capital and support. **Pros:** 0 days in business accepted; Credit-flexible; Technical assistance included **Cons:** Capped at $50K; Requires business plan **Best for:** First-time entrepreneurs needing starter capital plus hands-on business guidance. **Terms:** Up to $50K; 8–13%; up to 6 years

2. Startup Business Credit Card

Business credit cards with 0% intro APR periods are often the easiest first credit product for a startup with good personal credit. **Pros:** Instant access if approved; 0% intro APR available; Builds business credit **Cons:** Low limits initially ($5K–$25K); Rate spikes after intro period **Best for:** Founders with 680+ personal credit needing immediate small-scale working capital. **Terms:** $1K–$25K; 0% intro 12–18 months; then 18–28% APR

3. Equipment Financing

Equipment loans accept startups because the purchased asset secures the loan — reducing lender risk and lowering the credit bar. **Pros:** Day-one startup approval possible; Equipment is collateral; Preserves cash **Cons:** Equipment-specific use; Personal guarantee required **Best for:** Startups that need equipment to generate their first revenue. **Terms:** $5K–$500K; 2–7 years; 8–25% APR

4. Personal Loan for Business

Personal loans based on personal credit can fund startup expenses when business history is zero — but mix personal and business risk. **Pros:** No business history required; Fast funding; Unsecured options available **Cons:** Caps at personal loan limits ($50K); Mixes personal and business finances **Best for:** Solo founders with strong personal credit (700+) launching a first business. **Terms:** $1K–$50K; 1–7 years; 8–35% APR

5. Revenue-Based Financing (Early-Stage)

Some RBF platforms fund businesses as young as 6 months with $5K+ monthly revenue, bridging the gap before traditional loans are accessible. **Pros:** 6 months in business accepted; No equity dilution; Flexible repayment **Cons:** Minimum revenue threshold; Higher cost than bank financing **Best for:** Startups with measurable early revenue needing growth capital before hitting the 2-year mark. **Terms:** $10K–$250K; 6–24 months; factor 1.10–1.30

Frequently asked questions

Can I get a business loan with no revenue?

Yes — SBA microloans, equipment financing, and personal loans for business do not require prior revenue. See our dedicated no-revenue page.

How much can a startup borrow?

Most startup-focused products cap at $50K–$150K without revenue history. With 6+ months of revenue, amounts climb to $500K+.

Does a business plan help get startup funding?

Absolutely — SBA microloans and CDFI lenders require a business plan, and a strong plan can overcome thin credit or revenue history.