Loan Pros Business Funding FAQ

Traditional banks usually offer a small set of products with one set of rules. Loan Pros works as a funding partner with access to a large network of business lenders. Your advisor can compare multiple programs—term loans, lines of credit, equipment financing, revenue-based funding and more— to help you find what fits your situation instead of forcing you into a one-size-fits-all product.

To see examples of the programs we work with, visit our Funding Options page.

No. Many of our top programs have no minimum FICO requirement. Lenders also look at your time in business, monthly revenue, cash flow, and industry.

If your credit isn’t perfect, we recommend reading our guide to qualifying for business funding with less-than-perfect credit for a deeper dive into what lenders actually review.

Many businesses receive initial approvals within 24–48 hours once documentation is complete, and some programs can fund shortly after that. Exact timing depends on the type of funding, how quickly documents are provided, and lender review.

If you’re on a tight timeline, an advisor can help you focus on the faster underwriting options.

The initial step to see your funding options is designed to be quick and low-friction. You can review potential programs and directions before deciding how you’d like to proceed with a lender.

For a more detailed explanation of how credit plays into approvals, see our Bad Credit Guide.

We help business owners explore a range of commercial funding options, including:

• Small business term loans
• Business lines of credit
• Equipment financing
• Revenue-based working capital / merchant cash advance
• SBA loan programs
• Real estate and fix-and-flip funding options

You can see an overview of these on our Funding Options page, and then talk with an advisor about which paths fit your situation.

Most business funding programs are flexible and may allow you to use capital for:

• Working capital and cash flow management
• Buying equipment or vehicles
• Inventory and supplies
• Marketing and advertising
• Hiring or covering payroll
• Opening a new location or adding a new service line

Your advisor can clarify any restrictions based on the specific lender program.

No. Loan Pros focuses on business and commercial funding only. Your business should either be operating or in the process of getting set up, and funds are intended for business purposes—not personal use.

To get the ball rolling, most business owners start with:

• Basic business details (name, address, industry, time in business)
• Estimated monthly revenue
• Contact information

As you move forward, lenders may request recent business bank statements and standard identification documents. Our Smart Biz Funding Guide walks through how to prepare so you’re ready before you apply.

Approval amounts depend on your monthly revenue, time in business, existing obligations, industry, and program type. Some businesses qualify for smaller working capital advances, while others may be eligible for larger, longer-term financing.

Your Loan Pros advisor will review your numbers and help you understand realistic ranges before you commit to any offer.

Loan Pros works as a funding partner and advisor. In many cases, compensation comes from the lender when a deal is completed, similar to how brokers are paid in other industries.

Your advisor can explain how compensation works for any specific program you’re considering so you can make an informed decision.

That’s exactly what your Loan Pros advisor is here for. Together, you’ll look at:

• How quickly you need funds
• Your monthly cash flow and seasonality
• Whether you prefer flexibility, lowest payment, or lowest total cost

If you’d like to do some homework first, our Smart Biz Funding Guide and our Bad Credit Guide are great places to start.

You can begin in two ways:

• Fast track: complete the quick online application to see your options.
• Questions first: Reach out on our Contact page and we’ll follow up.