Whether you're planning for growth, covering operational expenses, or just exploring how to get working capital for small business needs, choosing the right loan can have a lasting impact. With a wide range of lenders and loan products available in 2025, finding the best fit means more than just comparing rates—it's about aligning financing terms with your business goals.
To help you make an informed decision, our team evaluated 25 top lenders, scoring them across key categories. We focused heavily on loan costs, including interest rates and fees, followed by loan terms, funding amounts, and accessibility. Below, we break down the best small business loans of 2025, offer tips on borrowing, and highlight key trends in the financing landscape.
Top Small Business Loan Lenders in 2025
BlueVine is best for fast working capital. They offer lines of credit and invoice factoring, with rates starting at 6.2%. Loan amounts go up to $250,000 with terms ranging from 6 to 12 months. BlueVine stands out for same-day approvals and transparent pricing, making it ideal for managing short-term cash flow gaps.
OnDeck is ideal for short-term loans. They provide term loans and lines of credit with rates starting at 9.2%. You can borrow up to $250,000 with terms between 12 and 24 months. Their fast application process and daily repayment structure make OnDeck a strong choice for businesses with consistent revenue.
Lendio excels as a loan comparison platform. They connect borrowers to SBA loans, term loans, equipment financing, and more. Rates vary by lender, and loan amounts range from $1,000 to $5 million with terms from 1 to 25 years. Lendio is an excellent option for those researching how to get working capital for small business projects through various loan types.
Fundbox is known for short-term credit lines. They offer lines of credit with rates starting at 4.66%, lending up to $150,000. Repayment terms are either 12 or 24 weeks. Fundbox’s easy application process and quick funding make it well-suited for businesses in need of flexible, short-term financing.
American Express Business Loans are best for existing Amex cardholders. They provide unsecured term loans with rates ranging from 6.98% to 19.97%. Loan amounts fall between $3,500 and $150,000, and terms include 12, 24, or 36 months. If you already use Amex, their simple digital experience and lack of origination fees can be a strong advantage.
What to Consider When Choosing a Loan
When selecting a small business loan, it’s important to look at several factors. Interest rates and fees can vary significantly depending on your credit score, revenue, and loan type. You should also consider the loan terms, including repayment length and frequency, as well as whether there are penalties for early payoff. Some lenders can fund your loan within 24 hours, while others, such as banks or SBA lenders, may take several weeks.
The loan amount should align with your needs and not encourage excessive borrowing. Finally, each lender has its own eligibility requirements, often including a minimum amount of time in business, specific revenue thresholds, or a minimum personal credit score.
Tips for Getting Approved
To improve your chances of approval, start by strengthening your credit score, as most lenders require a personal score of at least 600. Organize your financial documents ahead of time, such as recent tax returns, bank statements, and income records. Be ready to explain your loan purpose clearly, whether it's for inventory, payroll, or expansion. This helps lenders see you as a responsible borrower. Don’t settle for the first offer you get—platforms like Lendio and Fundera make it easier to shop around without harming your credit score.
Trends in Small Business Lending in 2025
In 2025, artificial intelligence is playing a larger role in underwriting, helping lenders make faster and more accurate lending decisions. Flexible repayment models are becoming more common, offering alternatives to traditional loans, such as revenue-based financing and embedded lending within financial platforms. Additionally, there’s increasing support for underserved business owners, with new federal and state initiatives improving access for minority- and women-owned small businesses.
Final Thoughts
Understanding how to get working capital for small business in 2025 means being proactive and informed. With competition among lenders growing and interest rates fluctuating, small business owners must carefully compare their options to find the best fit. The right loan can be a powerful tool—not just to keep your business running, but to set it up for long-term success.
