Immediate access to capital is essential, and it is important to have transparent options. This section outlines how online lenders expedite the underwriting process for quick business loans, enabling you to secure funding within 24–48 hours, with certain lenders providing same-day decisions for smaller amounts.
OnDeck may fund same-day loans up to $100,000 if you apply before 10:30 a.m. ET (not in California or Vermont). Bluevine offers lines up to $250,000 with instant access when paired with a checking account. Credibly can approve applications in about four hours and provide same-day funding for qualified applicants.
You’ll see which products—lines of credit, short-term financing, equipment financing, invoice factoring, and merchant cash advances—match time-sensitive needs. We’ll also cover credit, revenue, and term trade-offs so you can pick fast funding without overpaying.
Topic Basics
What counts as a “quick” business loan today
Define “quick business loans” as funding that lands in your operating account within one to three business days. Many lenders advertise same-day or next-day disbursement, but actual speed depends on cut-offs, state rules, and loan size.
Time to funding benchmarks in the United States (present)
Typical windows run 1–3 business days. Some firms can complete decisions and wire funds the same day for small amounts if you meet cut-offs and submit required documents early.
Why timing varies: ACH and wire schedules, state restrictions, and lender thresholds shape when cash arrives.
How online lenders streamline approval and disbursement
- Online lenders speed the application process for quick business loans with linked bank data, soft credit checks, and minimal initial paperwork. Instant transfers and integrated checking accounts can compress funding to hours for approved lines. Preapproval can be instant; actual funding may follow verification.
- Faster approvals often mean shorter terms, more frequent payments, and higher rates.
- To avoid delays, upload statements, authorize account access, and answer requests promptly.
Editor’s picks: Best quick business loans at a glance
Here are top picks that balance speed, eligibility, and total cost for immediate needs. Use this roundup to narrow options by credit profile, funding timing, and purpose.
Same-day standouts
OnDeck can fund true same-day up to $100,000 if you apply before 10:30 a.m. ET; it’s not available in CA or VT. Minimum credit score: 625.
Bluevine offers lines up to $250,000 with instant draws when paired with Bluevine checking. Terms: 6 or 12 months; rates start near 7.80%. Note: $15 instant transfer fee to external accounts and some state restrictions.
Lower-credit options
Credibly approves in about four hours and may fund the same day for qualified applicants. The minimum credit score required is 500, and the factor-rate pricing has a limit of $600,000.
Greenbox Capital provides secured notes and factors in funding in as little as one business day. This service is available across 50 states, Puerto Rico, and Canada.
High-limit and specialized financing
Fora Financial funds $5,000–$1.5M, often within 24–48 hours, with revenue-advance options and prepayment discounts.
Taycor Financial focuses on equipment financing and leasing up to $5M with funding in 4–24 hours.
altLINE offers invoice factoring advances of 75%–90%, fees from 0.75%–3.50%, and funding in 1–2 business days.
| Lender | Typical funding | Min credit | Notes |
|---|---|---|---|
| OnDeck | Same day (cutoff) | 625 | Up to $100,000; state limits |
| Bluevine | Instant with checking | Varies | LOC to $250,000; transfer fee |
| Credibly / Greenbox | Hours to 1 day | 500 / varies | Lower-credit paths; factoring options |
- How to pick: match lender speed to your credit, revenue, and the type of financing you need.
- Tip: lines of credit give reusable access; factoring and equipment deals speed funding when collateral exists.
OnDeck: Fast approvals with true same-day funding
For urgent funding, OnDeck combines automated underwriting with clear cutoffs to deliver rapid results. You get clear eligibility signals up front and a short application process that you can complete in about ten minutes.
Loan amounts, terms, and credit requirements
Loan range: $5,000 to $250,000. Terms run up to 24 months, with daily or weekly repayment schedules.
Core criteria: minimum credit score of 625, at least 12 months in operation, and minimum annual revenue of $100,000. These signals shape approval and pricing.
Exact same-day criteria and state limits
Same-day funding is possible when you apply before the 10:30 a.m. ET cutoff on a business day and the wire amount is $100,000 or less. This is an excellent option for those seeking quick business loans, ensuring you get the funds you need without unnecessary delays.
Same-day service is not available in California or Vermont. Some loans are funded by OnDeck’s partner bank, which can affect eligibility for same-day wires in certain states.
- Typical funding if you miss the cutoff: two to three business days.
- Daily or weekly payments can help match cash flow but may strain tight periods.
- Use OnDeck for urgent inventory buys, repairs, or time-sensitive vendor offers—but compare the total cost to other options.
Bluevine: Flexible business line of credit with rapid access
If you want reusable credit with fast access, Bluevine’s business line of credit is worth a close look.
How it works: Bluevine offers revolving credit up to $250,000 with 6- or 12-month terms, making it an excellent option for those seeking a quick business loan. You can draw multiple times and repay, then draw again as needed.
Credit lines, starting interest rates, and instant transfers
Well-qualified applicants see starting interest rates near 7.80%. Costs accrue per draw, so plan withdrawals to limit interest on unused balances.
Instant access is available when you pair a line with Bluevine business checking. External instant transfers carry a $15 fee. Standard transfers, or ACH, can extend funding for one to three business days.
Eligibility: time in business, monthly revenue, and geography
- Minimum credit score: 625
- Time in operation: at least 12 months
- Minimum annual revenue: $120,000
- Not available in NV, ND, SD, or U.S. territories
Consider weekly versus monthly payments when you take larger draws. That choice affects cash flow and total cost.
Use cases: payroll gaps, marketing pushes, and inventory turns benefit from a reusable line. Prepare bank statements and tax records to speed approval and improve your chance of near-immediate funding from online lenders.
Credibly and Greenbox Capital: Quick working capital for lower credit profiles
Lower credit scores don’t automatically block rapid funding—some lenders design paths for that exact need. Below are two providers that serve lower-credit applicants and move cash fast for operating needs.
Credibly: working capital, lines of credit, equipment financing
Credibly offers approvals in under four hours and can fund the same day for qualified applicants. Programs include working capital, lines of credit, and equipment financing with factor-rate pricing (for example, 1.11) and daily or weekly repayments.
You may qualify with a minimum credit score of 500, at least six months in operation, and about $180,000 in annual revenue. Offer sizes go up to $600,000, giving room for larger short-term needs.
Greenbox Capital: secured options, invoice factoring, merchant cash advance
Greenbox Capital provides term loans, LOCs, invoice factoring, and merchant cash advances. Secured loans reach $250,000; total funding can hit $500,000.
Funding can arrive in as little as one business day. Greenbox serves all 50 states, Puerto Rico, and Canada and requires at least five months in operation.
“Compare factor-rate vs. interest-rate structures so you can translate pricing into an apples-to-apples cost view.”
- Tip: gather bank statements and revenue docs to speed underwriting.
- Weigh daily/weekly repayments against cash flow before you accept a business loan.
Fora Financial, Fundbox, Headway Capital, National Funding: Fast financing tailored to your needs
These four lenders offer rapid funding paths that match different cash flow cycles and credit profiles. You can pick a revenue-based advance, a startup-friendly line, or a reusable credit option depending on your needs.
Fora Financial: Large amounts and revenue-based advances
Fora Financial funds $5,000–$1,500,000 with approvals in about 24 hours and funding in 24–48 hours.
Expect revenue-advance pricing, variable payments that track sales, and origination or wire fees. Typical minimum credit sits near 570, and minimum annual revenue is about $240,000. You must be in operation at least six months.
Fundbox: Startup-friendly lines of credit
Fundbox offers a business line up to $250,000 with next-business-day funding. Terms run 12 or 24 weeks, with costs starting near 4.66% (12-week) or 8.99% (24-week).
Fundbox accepts newer firms—three months in business—and lower monthly revenue thresholds (about $30,000). Minimum credit is roughly 600.
Headway Capital: Repeat-access line without service fees
Headway Capital provides a line from $5,000 to $100,000 with no monthly or annual service fees and funding as soon as the next day.
Terms span 12–24 months. You generally need at least 12 months in operation and about $50,000 in annual revenue to qualify.
National Funding: Higher limits for newer companies
National Funding approves up to $500,000 with next-day funding and factor rates starting near 1.11.
Terms run 4–24 months. Minimum credit is about 600, time in business is six months, and minimum annual revenue is around $250,000. Early-payoff discounts may reduce cost if you can repay sooner.
| Lender | Funding speed | Range / min credit | Key eligibility |
|---|---|---|---|
| Fora Financial | 24–48 hours | $5K–$1.5M / ~570 | 6+ months; ~$240K annual revenue; revenue-based payments |
| Fundbox | Next business day | Up to $250K / ~600 | 3 months in business; ~$30K annual revenue; short-term weekly cadence |
| Headway Capital | The next day | $5K–$100K / varies | 12 months in business; ~$50K annual revenue; no service fees |
| National Funding | The next day | Up to $500K / ~600 | 6 months in business; ~$250K annual revenue; early-payoff discounts |
- How to choose: match product type—revenue advance, business line, or term financing—to your cash conversion cycle.
- Document plan: prepare bank statements, tax returns, and sales records to speed approvals and repeat draws.
- Tip: map payment cadence to monthly revenue before you accept an offer so affordability is clear.
U.S. Bank: Quick loans with in-person support and competitive terms
U.S. Bank blends branch access with rapid underwriting to deliver funding that fits larger, planned projects.
What you can expect: secured quick loans reach up to $250,000 with terms up to 84 months. Unsecured options go to $50,000 with terms up to 48 months. Decisions often arrive in minutes, and funding typically follows in 1–5+ business days depending on documentation.
Secured vs. unsecured: amounts, terms, and rate trade-offs
Secured loans generally offer lower rates because collateral reduces lender risk, making them an attractive option for quick business loans. U.S. Bank uses UCC filings and first-lien positions on collateral, which can extend the paperwork but improve pricing and maximum term length.
Unsecured options move faster in some cases and avoid liens on assets, but they cap amounts and usually carry higher rates. Choose secured loans when you need larger sums of money or longer repayment periods for expansion or real estate improvements.
Eligibility, collateral, and personal guaranty insights
Most quick loan offers require a personal guaranty. That means your personal credit and liabilities matter alongside your company metrics.
Eligibility depends on state rules and how long you’ve banked with U.S. Bank. New customers in certain states face different product availability. If you need clarity, apply online or speak with a branch banker for tailored guidance.
| Feature | Secured Quick Loan | Unsecured Quick Loan |
|---|---|---|
| Max amount | $250,000 | $50,000 |
| Max term | Up to 84 months | Up to 48 months |
| Collateral / filing | Yes—UCC filing, first lien | No collateral |
| Decision & funding | Minutes decision; 1–5+ business days funding | Minutes decision; 1–5+ business days funding |
| Personal guaranty | Required | Required |
- Prepare documents: financial statements, tax returns, and legal paperwork to minimize delays.
- When to pick U.S. Bank: choose in-person support for complex purchases or when you want longer terms and competitive rates.
- Compare: weigh SBA alternatives if you can wait longer for lower overall cost.
Types of fast financing you can get
Fast funding comes in several forms—each suits a specific need. Match the tool to the purpose and your cash rhythm before you apply.
Business line of credit for ongoing working capital
Lines from Bluevine, Fundbox, and Headway give reusable access up to $250,000 with same-day or next-day draws.
Use a line for recurring costs and opportunistic purchases. You pay only when you draw, so it fits working capital needs with flexible repayment.
Short-term loans for inventory and cash flow gaps
OnDeck and National Funding fund quickly and often require daily or weekly payments.
Choose these for one-time needs like inventory buys or bridging payroll until receivables clear.
Equipment financing and leasing for essential assets
Taycor and similar lenders fund equipment deals fast—sometimes within 4–24 hours for approved applications.
Match the term length to the asset life so payments align with productivity gains.
Invoice factoring for unpaid invoices and faster cash
altLINE advances 75%–90% of invoice value and funds in 1–2 business days, with fees from 0.75% to 3.50%.
Factoring converts accounts receivable into immediate cash without adding new debt to your balance sheet.
Merchant cash advances and revenue advances: When they fit
Greenbox Capital and Fora Financial deliver quick capital tied to card sales or revenue.
These products are suitable when the speed of funding and flexible repayment options are more important than the cost. Expect higher charges and variable take rates.
| Type | Speed | Typical providers | Best use |
|---|---|---|---|
| Line of credit | Same day–next day | Bluevine, Fundbox, Headway | Recurring working capital, opportunistic buys |
| Short-term loan | Same day—48 hours | OnDeck, National Funding | Inventory, payroll bridge |
| Equipment financing | 4–24 hours | Taycor | Asset purchases, matched-term repayment |
| Invoice factoring/revenue advance | 1–2 business days | altLINE, Fora, Greenbox | Convert AR to cash; seasonal needs |
Quick tip: gather bank statements, AR aging, and equipment quotes to cut underwriting time. Use the right tool for the right job to protect cash flow.
Costs decoded: Interest rates, factor rates, fees, and repayment cadence
Understanding true cost means looking past the headline rate to fees, repayment cadence, and factor-rate math. You need to see how pricing and timing affect your cash flow before you sign.
Interest vs. factor rates and true APR comparisons
Factor rates like 1.11 (common at Credibly and National Funding) are not annual interest. Convert them into APR or total dollars to compare with a 7.80% quoted rate from Bluevine.
Example: a short advance with a 1.11 factor can cost more per year than a low interest rate once fees and term length are included.
Daily/weekly repayments and cash planning
Daily or weekly payments (OnDeck, Credibly, National Funding) pull cash frequently. Align payments with receivables to help avoid the risk of overdrafts.
Fundbox terms (12–24 weeks) Shorten exposure while managing weekly pressure; consider timing around peak sales.
Fees to watch: origination, wire, transfer, and maintenance
Watch origination and wire fees on revenue advances and a $15 instant transfer fee at Bluevine. Ask about maintenance or account fees and negotiate prepayment discounts where available.
- Action: translate fees into dollars, build a repayment calendar, and test ROI for any inventory or marketing spend before borrowing.
Eligibility signals lenders look for
Approval speed and offer size often hinge on three measurable business traits most lenders verify. These signals help underwriters decide whether to approve, how much to offer, and how quickly to fund.
Minimum credit score, time in operation, and revenue floors
Credit matters. Many online lenders set a minimum credit score threshold: OnDeck and Bluevine target about 625, Credibly can accept 500, and Fundbox often sits near 600.
Revenue and history also shape results. Some lenders require 12 months and $100k+ annual revenue, while Fundbox accepts three months and about $30k. Match your profile to lender floors before applying.
Bank account health, cash flow, and collateral valuation
Healthy deposits and regular activity in your bank account help accelerate the approval process. Lenders scan deposit cadence, NSF history, and inconsistent transfers that raise flags.
Cash flow stability affects both approval and pricing. High debt load lowers available credit and can push pricing up. Secured offers use collateral value and UCC filings to set limits and terms.
“Prepare bank statements, tax returns, and AR/AP aging to shorten underwriting and improve offers.“
- Benchmark common credit scores and revenue floors to gauge readiness.
- Gather bank statements, tax returns, and entity docs before you apply.
- Decide if you need to improve eligibility or choose a lender that fits your current profile.
How to get business funding fast without overpaying
Organize first, then apply. A clean submission and rapid replies cut underwriting time and reduce emergency markups. Start with a short checklist so you can compare offers and avoid costly surprises.
Application checklist
- Owner IDs: EIN or SSN and driver’s license or passport.
- Financials: profit & loss, balance sheet, and recent bank statements.
- Tax returns: last one to two years for faster underwriting.
- Account access: link your business bank to speed verification.
Speed factors
Underwriters are able to fund more swiftly when the documentation is complete and responses are prompt. Collateral valuation or missing files can add days.
Tip: answer lender requests within minutes during funding windows to preserve same-day or next-day options.
Compare offers: lines, term loans, factoring
| Product | Best for | Cash cadence |
|---|---|---|
| Line of credit | Ongoing needs | Draw as needed |
| Term loan | One-time spend | Monthly |
| Invoice factoring | AR conversion | Immediate advance |
To proceed, obtain multiple quotes (marketplaces like LendingTree can assist), convert the associated fees into APR equivalents, and select the smallest amount necessary to address your urgent need while minimizing costs.
quick business loans: When to use them and smarter alternatives
Immediate funding can save a sale or cover an emergency, but it usually costs more than slower options.
Good use cases: Emergencies, opportunities, and short-term gaps
Use fast funding when timing directly creates revenue: equipment breakdowns, urgent inventory buys, or a limited-time vendor discount.
Also consider payroll gaps and short seasonal spikes when immediate cash avoids lost customers.
Alternatives if you can wait: SBA, banks, and credit cards
When you have time, apply for an SBA or a bank term product for lower rates and longer repayment. These options can cut long-term costs even if funding takes weeks.
For small, urgent purchases, credit cards or a short card promo can offer instant purchasing power. But watch APRs if you carry a balance.
A simple decision framework
- Urgency: Will delay lose revenue or create fines?
- Cost vs. ROI: Estimate additional fees and compare to expected gain.
- Repayment cadence: Can daily or weekly draws fit cash flow?
- Asset life: Match the term to the useful life—use equipment financing or real estate loans for long-lived assets.
Rule of thumb: choose rapid financing only when the expected profit exceeds the premium you’ll pay for speed.
Conclusion
Use speed as a tool, not the only criterion, when you pursue urgent funding. Fast options like OnDeck, Bluevine, Taycor, and altLINE can deliver same-day or 24–48 hour access. U.S. Bank adds quick decisions with branch support for larger needs.
Weigh total cost, repayment cadence, and impact on cash flow before you take a loan. Choose the smallest, right-sized amount that meets the need and protects working capital.
Prepare documents, shortlist lenders, and time your application to hit cutoffs and speed verification. Check factor rates versus interest so your comparison shows true dollars, not confusing labels.
When urgency passes, build toward lower-cost financing or an SBA product. That two-step approach helps you solve today’s gap while improving credit and options for future growth.
FAQ
What counts as a “quick” business loan today?
A “quick” loan delivers approval and funding far faster than traditional bank products. You can expect to receive approval within a few hours to a few business days, and funding typically occurs the same day or within 1 to 3 business days for most online lenders. Common fast products include short-term loans, lines of credit, merchant cash advances, and invoice factoring.
How fast can you get funds—what are the typical time-to-funding benchmarks?
Time for funding varies by product and lender. Same-day or next-business-day funding is possible with some online lenders and merchant cash advances. Once approved, many lines of credit and short-term loans receive funding within 1–3 business days. More complex products or bank loans can take several weeks.
How do online lenders streamline approval and disbursement?
Online lenders use automated underwriting, digital document uploads, and instant bank verification. That reduces manual review and speeds decisions. You can often link your bank account for quick income verification and e-sign documents to get funds faster.
Which lenders offer same-day funding standouts?
OnDeck and Bluevine are known for very fast access. OnDeck markets true same-day funding if you meet the lender’s hourly cutoffs and criteria. Bluevine moves quickly for lines of credit and instant transfers when approved.
Are there options for lower credit profiles that still provide rapid access?
Yes. Lenders such as Credibly and Greenbox Capital focus on borrowers with lower credit scores and offer working capital and secured options. They may approve faster but often charge higher rates or require collateral.
What fast products suit larger or specialized needs?
Fora Financial, Taycor Financial, and altLINE provide higher limits or tailored financing for equipment and real estate. These options can offer rapid access for qualifying applicants but may need more documentation for large amounts.
What are OnDeck’s amounts, terms, and minimum credit requirements?
OnDeck offers term loans and lines of credit with varying limits and short-term repayment schedules. Minimum credit score expectations typically sit in the mid-600s, though eligibility depends on revenue, time in business, and cash flow.
Does OnDeck really fund the same day, and are there state restrictions?
OnDeck can fund the same day if you meet submission deadlines and provide needed documents. Some products are not available in every state due to state lending laws, so check availability for your location.
What does Bluevine offer for lines of credit and rates?
Bluevine provides revolving lines of credit with competitive starting rates and instant transfers to your bank when approved. Rates and limits vary by your revenue, credit, and time in business.
What are Bluevine’s eligibility criteria?
Bluevine typically requires at least six months in business, a minimum monthly revenue threshold, and a US business bank account. Eligibility also depends on your industry and location.
What quick products do Credibly and Greenbox Capital provide?
Credibly offers working capital, lines of credit, and equipment financing. Greenbox Capital focuses on secured options, invoice factoring, and merchant cash advances for faster access to unpaid invoices or daily sales.
Which lenders work well for startups or repeat access?
Fundbox is startup-friendly with lines of credit for newer operations. Headway Capital provides repeat-access lines without some service fees, and National Funding targets higher limits for newer businesses with growing revenue.
How do secured vs. unsecured quick loans differ at banks like U.S. Bank?
Secured loans require collateral such as equipment or real estate and often have lower rates and higher limits. Unsecured options rely more on credit and cash flow and usually cost more. In-person banks like U.S. Bank offer guidance and competitive terms but may take longer to close.
What types of fast financing can you choose from?
Fast options include revolving lines of credit for ongoing working capital, short-term loans for inventory gaps, equipment financing and leasing, invoice factoring to accelerate unpaid invoices, and merchant cash advances tied to daily card sales.
How do interest rates, factor rates, and fees affect the true cost?
Interest rate products show APRs, while factor rates on advances indicate a fixed cost that can translate to a much higher APR. Watch for origination fees, wire fees, maintenance charges, and prepayment penalties to compare true costs.
How do repayment cadences impact cash flow?
Fast funding products often require daily or weekly payments, which can strain cash flow if revenue lags. Match repayment cadence to predictable inflows, and plan a buffer in your bank account to avoid late fees or default.
What eligibility signals do lenders check most closely?
Lenders review minimum credit score, time in business (often at least six months), monthly and annual revenue, bank account history, and collateral valuation for secured offers. Strong cash flow increases approval chances and better pricing.
What documents help you secure funds quickly?
Prepare your EIN or SSN, recent bank statements, tax returns, profit-and-loss statements, and merchant account or processing statements if applicable. Ready documents cut approval time significantly.
How can you get funding fast without overpaying?
Compare offers, read the fine print, and choose a product that matches the term you need. If you can wait, consider SBA loans or bank lines with lower rates. Use short-term advances only for temporary gaps or high-return investments.
When should you use fast funding, and what alternatives should you consider for quick business loans?
Use rapid financing for emergencies, immediate opportunities, or short-term cash flow gaps. If you can wait, explore SBA loans, traditional bank financing, or business credit cards for lower costs and longer terms.
