Check your rate on a small business loan in minutes
No paperwork to check your rate.
Funds in as fast as 1 business day.²
No hidden fees or prepayment penalties.
Won't affect your credit score¹
Why choose Upstart for your small business loan?
Our digital-first approach allows you to check your rate quickly with no paperwork required.
Quick rate check
Submit a few details online, connect your bank account, and get a rate in minutes.
Transparency
You’ll know all costs up front—plus, no hidden fees or prepayment penalties.
Easy process
After you input your information, we'll verify the rest. Get your funds in as fast as 1 business day after signing and approval.²
How do I qualify?
You can apply for a small business loan if you’ve been a registered business for longer than 12 months (no sole proprietorships) and you agree to personally guarantee the loan.
Won't affect your credit score¹
We’ve helped more than 2.4 million customers³
Apply for a loan in 3 easy steps
Check your rate
Submit a few details, connect your bank account, and check your rate in minutes.
Select your terms
Select desired loan amount and terms. Then we’ll do the rest to verify your details.
Get funded
Receive funds in as fast as 1 business day after approval and signing.²
Won't affect your credit score¹
Small business loan FAQs
What is a small business loan?
A small business loan gives you access to capital so you can invest it into your business to help cover short term cash flow needs, purchase inventory, or expand.Why should I consider a small business loan?
Many small business owners rely on borrowed capital to start, run, and grow their business; but may not be aware of it as an option versus taking out a personal loan. Our competitive loan terms and completely digital application process prioritizes speed, efficiency, and ease—so you can get your funds and grow your business.Will checking my rate impact my credit score?
No. It’s completely free to see what your rate could be on a small business loan. If you decide to move forward with a loan offer, that’s when your credit score may be affected.¹How long is the process?
Our completely digital application process is designed for speed and convenience. Once you’ve completed the application process— you can get funded in as little as 1 business day after approval and signing.²What documents do I need to apply?
We do the heavy lifting for you by leveraging external data sources to verify information such as verify your EIN/TIN number so you don’t have to upload many documents. We also verify your registration with the state without you needing to upload a registration certificate or other details.What fees apply?
We will let you know upfront the total cost of your loan based on interest rate, APR, and the origination fee. No hidden fees or prepayment penalties. Late fees may apply for missed payments.
Let us help you grow your business today
Won't affect your credit score¹
1. When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information may be reported to the credit bureaus.
2. If you accept your loan by 5pm EST (not including weekends or holidays), your funds will be sent on the next business day.
3. As of 6/30/2022, across the entire Upstart marketplace.
Small business loan amounts range from $5,000 - $200,000. Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Small business loans not available in NV, NH, MD, WV, IA.