A quick funding process that offers same day business loans to business owners.
Last Updated on April 9, 2025
Shield Funding TeamShield Funding has been providing fast business loans for over a decade. We understand that sometimes you need cash fast, and we can help. Whether you need it within the next week or absolutely as fast as possible, we’ll work with you to get you the money you need. Some business owners have been funded in one to two hours so as long as the minimum documentation is readily available your business loan can be secured quickly.
Traditional business bank loans have some serious disadvantages. One of those disadvantages is that they’re slow. It can take a very long time to get your cash—and if you need it fast, you’re out of luck. For this reason, we began the same-day funding program. We’re an alternative lender, so we can get you money faster than a bank. And that has some big benefits. The process is very fast and extremely flexible so apply online and see how much you are approved for immediate business funding.
What Do I Need to Qualify?
Below is a list of the general requirements to get approved for business funding with our basic program.
How Do I Apply?
Applying has never been easier. You can either call our toll free number 24 hours 7 days a week at:
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This is a short term small business loan that you can use for any type of expense. You can use it to cover seasonal swings in business, pay a new employee, or open a completely new location. You can even receive funds the same day. Whatever you need for your business, these short term business loans will help you get it.
We offer up to $1,000,000 in funds for business owners. And with interest rates of 12–45%, you can get a better deal than you would with some traditional lenders. As long as you’ve been in business for two months, earn $8,000 or more per month, and have a credit score of 500 or more, you can qualify for one of these loans.
Our terms range from 12–36 months, so you can get the amount and terms that work for you. You can also receive funds within 24 hours directly to your account so you can take care of your business needs quickly.
The reality is that many small business owners learn financial management the hard way. It’s common for first-time businesses to use credit cards and multiple loans to fund their business at the beginning. But multiple forms of open credit, plus an occasional missed or late payment, could have hurt your credit score.
If this is your situation, you might need to work with an alternative lender to apply for a bad credit business loan. Alternative lenders offer these loans to borrowers with lower credit scores, often borrowers that banks reject out-of-hand. They’ll work with you if your credit score is as low as 500.
While your credit score could disqualify you for a bank loan, other factors could also lead to a bank rejecting your loan application – such as how long you’ve been in business or lower revenues. Or, sometimes borrowers chose to work with alternative lenders because they don’t have the months to devote to getting a loan approved at a bank.
Alternative lenders can approve loans within 24 hours and disburse funds in days. Businesses with monthly revenues above $8,000 can qualify for financing with an alternative lender. Shield Funding funds loans straight to your account the same day, in amounts ranging from $5,000 to $1 million, at rates of 12% to 45%, and you can take two to eighteen months to repay the loan. With the advantage of same day funding you can get your funds as quickly as possible to take care of any business emergency.
Businesses have a lot of day-to-day expenses, and that’s what working capital funding is for. Whether it’s covering payroll, stocking inventory, or taking advantage of a marketing or advertising opportunity, these loans help you with the more mundane expenses of running a business.
Like our term loans, you can get up to $1,000,000 in working capital. You still get the option of terms between 12 and 36 months and interest rates from 9–45%. You’ll need to have two months in business, and at least $10,000 in monthly revenue to qualify. You’ll also need a credit score of 650 or better.
If you meet these qualifications, you can get the funding you need the same day to cover any expense you might come across, from an emergency repair to making sure your inventory is full.
We know that businesses have a tough time receiving working capital. If you try to get a loan from a traditional lender, you’ll get denied fast. We don’t think any factor should disqualify you from getting funding for your business. At Shield Funding we can approve and fund your loan within 24 hours.
So we offer short term merchant cash advances of up to $1,000,000 to business owners with credit scores above 500. You’ll pay 12–45% interest on terms up to 36 months. As long as your business has been open for a few months and you have $8,000 in monthly revenue, you can qualify and even receive funds the same day.
Apply for Same Day Business Loans!
Work with Shield Funding to bring the market’s direct lenders to the table and have them compete for your business. You can save money and get funded the same day in many cases.
The SBA 7(a) loan program offers long-term financing for businesses, with repayment terms extending up to 10 years for working capital, and up to 25 years for real estate. The interest rates on the 7(a) program are typically low, ranging from 11.5% to 16.5%, based on the prime rate plus a markup. In order to be eligible the applying business should be operating for profit within the U.S., meet SBA size standards, and have a reasonable amount of invested equity. You will also have to demonstrate the need for the loan, and that need should be a sound business purpose. SBA lenders have stringent requirements and thoroughly scrutinize credit scores, business revenue, and financial history. These loans are only available through SBA-approved lenders.
Same day business loans are an excellent option for business owners who need quick access to capital to keep their operations running smoothly. Whether you’re covering payroll, rent, utilities, or unexpected expenses, there are no restrictions on how you use the funds. These loans are unsecured, so no collateral is required, and amounts range from $10,000 up to $1 million. A credit score of around 650 and a fair credit history is typically needed to qualify.
If your credit isn’t perfect, we also offer options for business owners with bad credit. If you’ve been denied traditional financing, our merchant cash advance can be a great alternative, giving you access to same-day funding without the strict credit requirements. And if you don’t process credit cards, our bad credit business loans can help meet your funding needs just as quickly. No matter your credit situation, we work to provide fast business loans to keep your business moving forward.
Same day business loans offer fast, flexible funding that can be used for a wide range of business needs. One of the most common uses is to buy inventory quickly, especially ahead of busy seasons, so you can take advantage of bulk pricing and meet customer demand. These loans can also be used to hire additional staff, whether you’re expanding your team or giving part-time employees more hours to keep up with growth.
Same day funding is also great for jumpstarting marketing efforts, such as running online ads or launching social media campaigns to boost visibility and sales. If you’re looking to expand into a new location or grow your operations, getting access to capital fast can help you act on opportunities right away. Whether it’s to solve an urgent issue or to invest in growth, same day business loans give you the speed and flexibility to move your business forward.
Before committing to a same day business loan, it’s important to carefully evaluate your cash flow and ability to repay. Take a close look at your monthly revenue, expenses, and profit margins to determine how much you can realistically afford in payments. Since same day loans are designed for speed, they may come with higher rates or shorter repayment terms, so it’s essential to understand the total cost, including any fees. While quick funding can solve urgent needs or support short-term growth, borrowing more than you can manage may strain your finances. Make sure the repayment schedule fits your budget and won’t disrupt your daily operations.
Before getting a same day business loan, it’s important to have a clear plan for how you’ll use the funds. These loans are designed for speed and flexibility, making them perfect for urgent needs like buying inventory, covering payroll, launching a marketing campaign, or bringing on extra help during busy periods. You can also use the funding to take advantage of a last-minute opportunity or to support a quick expansion, like opening a new location. Knowing exactly what you need the loan for helps you borrow the right amount, choose terms that work for your business, and avoid taking on unnecessary debt. A focused plan ensures the loan supports your goals and keeps your business moving forward.
Our same day business loans are a great option if you need quick working capital for a short period of time and want access to some of the best rates and terms we offer. This type of financing typically requires a fair credit score, so if your credit is below 650, we recommend exploring our business cash advance options. Same day loans are ideal if you don’t qualify for traditional financing, but there are important factors to consider before applying. Since the repayment period is short, the payments can be higher compared to a longer-term loan for the same amount. It’s also essential to evaluate the total cost of the loan and determine whether it will truly support your business goals or add financial pressure. Thinking through these questions will help you decide if same day funding is the right move for your business.
Several factors determine whether you qualify for a same day business loan. While your credit history is reviewed, it usually plays a smaller role than with traditional loans. Lenders focus more on your business performance, including how long you’ve been in operation, your monthly cash flow, banking activity, and the overall health of your business. They may also consider your industry, any seasonal revenue patterns, and your ability to consistently manage financial obligations. Because these loans are designed to be funded quickly, lenders rely on a strong snapshot of your current financial stability to make fast approval decisions.
The amount you can qualify for with a same day business loan is mainly based on your monthly revenue and business bank deposits. In most cases, lenders approve up to 70% or more of your average monthly deposits. For instance, if your business deposits $50,000 each month, you may be eligible for a loan of around $35,000 or more. Lenders look closely at your cash flow, deposit history, and overall business stability to determine how much funding you can receive. A strong and steady financial track record increases your chances of securing higher same day funding.
With a same day business loan, repayment usually begins shortly after funding and is made through daily or weekly automatic withdrawals from your business bank account. If you’re on a daily plan, payments are typically debited on a five-day business week, excluding weekends and holidays. For weekly plans, one payment is withdrawn each week for the set amount. This structure allows you to repay the loan in smaller, manageable amounts, helping you maintain steady cash flow while keeping up with your loan obligations. It’s designed to make repayment simple and predictable for busy business owners.
This is likely one of the most important benchmarks you will use to compare lending options. If one lender offers a better interest rate than the other and all other things remain the same you can have a good idea of the rate comparison. You must keep in mind that different products such as credit cards or car loans work using traditional financing interest rates and APR, but many alternative funding programs quote in a factor rate or annualized interest rates so try to compare options based on the types of loans they are most similar to. And ultimately it will come down to what you have to pay back when all is said and done.
When comparing lending options, whether quoted in factor rates, interest rates, or any other framework, what is most important is what you will pay back when all is said and done. For this reason you should always try to look at what you will pay over the entire life of the loan.
Absolutely! If you’re prepared and meet the criteria, you can get the funds deposited into your account the same day. Quick responses and complete documentation are key.
You can get approved quickly! If you meet our requirements and provide the necessary documents, your application can be processed within hours. Be sure to submit everything we need for the fastest approval.
To qualify, you’ll need:
Having these ready speeds up the process!
Same-day funding is available for several loan types, including merchant cash advances, working capital loans, and short-term business loans. Check with us to see which one fits your needs best.
The fastest way is to complete your application early in the day and have all required documents ready to go. Once everything is submitted, you can receive approval and funding in just a few hours!
Don’t just take our word for it…
