Small Business Loans

Reliable, flexible funding to help your business grow — with clear terms and manageable repayment options.

500M+

Funding Disbursed Nationwide

300+

Happy Business Owners

150+

Businesses Supported

Funding options built around your business needs.

Virtuous Funding Line of Credit

A 24/7 revolving line you can draw from anytime, with near-instant access.*

Virtuous Funding Term Loan

Receive a one-time lump sum for significant expenses, with the option to apply for more.

Understanding Small Business Financing Options

Business loans give your company the capital it needs to grow, handle operational expenses, or prepare for future opportunities. They can be used for everything from expanding your team to purchasing equipment or smoothing out seasonal cash flow challenges.

Virtuous Funding offers different types of funding to suit your needs. A term loan provides a fixed amount upfront that you repay over a set schedule, while a business line of credit allows you to access a revolving credit limit, borrowing only what you need and replenishing funds as you make payments. Choosing the right option depends on your goals and cash flow requirements.

To get started, you’ll provide basic financial and business information. Lenders review details like your revenue, time in business, and credit history to determine eligibility. Once approved, you’ll receive your funds and follow a clear repayment plan that aligns with your business’s schedule. Tools like repayment calculators can help estimate costs and plan ahead.

Choosing Between Funding Options: Virtuous Funding vs. Government-Backed Loans

Government-backed loans, such as those supported by the Small Business Administration (SBA), are offered through banks and specialized lenders. They often come with lower interest rates and longer repayment periods, making them appealing for businesses that qualify.

These loans, however, usually require extensive documentation and a longer approval process, which can delay access to capital. Virtuous Funding does not offer SBA loans, but understanding how they differ can help you decide which financing approach best meets your business goals and timing needs.

Virtuous Funding

SBA Loans

Loan Amounts

Minimum Credit Requirements Funding Time

Repayment

Collateral

Term Loan: 5K – $400K; Line of Credit: $6K – $200K

Personal FICO® score 625; business annual revenue $100K

Term loans are repaid on a daily or weekly schedule over 6 to 24 months. Lines of credit have flexible repayment options, with weekly or monthly payments across 12, 18, or 24-month terms.

Lines of credit are generally unsecured, while term loans are backed by a general lien on your business assets.

$500 to $5.5 million, depending on the program.

Undefined; need to prove creditworthiness (ability to repay).

Microloans typically have repayment terms of up to 7 years, while 504 and 7(a) government-backed loans can extend up to 25 years.

For loans up to $50,000, collateral is not required. For larger loans, providing collateral can be beneficial but is typically optional.

Funding that works when you need it

Apply Online

Check if you qualify without affecting your credit score.

Select the right option

An in-house advisor helps you choose the best funding for your business.

Get your Funds

After signing your agreement, your funds are available as per approved terms, giving you reliable access to capital when you need it.

Eligibility Check

1+

year in business

Business

checking account

$100k

annual revenue

625

personal FICO® score

FAQs: Small Business Loans

What types of small business loans are available?

Small businesses have access to several financing options. Common choices include term loans, which provide a set amount of funding repaid over time, and business lines of credit, which offer revolving access to funds up to a credit limit. The right option depends on your business goals, cash flow needs, and how you plan to use the funds.

How quickly can I receive a business loan?

Funding timelines vary depending on the lender, your qualifications, and the type of financing you choose. Online lenders typically offer a streamlined application and review process, while traditional banks may take longer due to additional documentation requirements.

What do I need to qualify for a small business loan?

Qualification requirements differ by lender, but most review factors such as time in business, annual revenue, credit history, and overall financial stability. Providing accurate business and financial information helps speed up the approval process.

What is typically the easiest type of business loan to obtain?

Financing options with flexible qualification criteria—such as certain online term loans or lines of credit—may be more accessible than traditional bank loans. However, eligibility ultimately depends on your business’s financial profile and creditworthiness.

Are small business loans secured or unsecured?

Some loans require collateral, such as business assets, while others may not. Secured loans are backed by collateral, which can sometimes result in different terms. Unsecured options typically rely more heavily on your business and credit profile.

Are business loans revolving or installment-based?

It depends on the product. Term loans are installment-based, meaning you repay a fixed amount over a set schedule. Lines of credit are revolving, allowing you to borrow, repay, and reuse funds up to your approved limit.

Do small business loans have fixed or variable rates?

Loan terms vary by lender and product. Some financing options come with fixed rates and predictable payments, while others may have variable rates that can change over time. Reviewing your agreement carefully ensures you understand how your payments are structured.