Estimated Business Loan Term
2 to 36 Months
Rates
4% to 49%*
Time in Business Required
4 Months
Min Credit Score Require
500
Min Monthly Deposits Required
2
Min Monthly Revenues
$10,000
Min Business Loan Amount
$5,000
Max Business Loan Amount
$1,000,000
Max Number of Negative Days
6 Within a Month
*Rates depend on duration of funding
Shield Funding has been helping small and medium-sized businesses secure business loans for nearly two decades. Through our network of trusted direct lenders, we match each applicant with the most suitable funding partner and program—offering white-glove, personalized service every step of the way. Our expansive list of tailored funding options covers nearly every solution available in the industry, allowing you to access the best rates and terms without a hard credit pull or the hassle of being flooded by multiple brokers. With an A+ BBB rating, excellent reviews, and a streamlined process, Shield Funding makes securing business capital fast, easy, and affordable.
Short term business loans are for business owners that are looking for immediate funding that will be paid back over a short period of time. These loans are structured where the borrower receives funding and the payback amount and any fees is determined up front. As far as rates and terms this is the best alternative financing option for business owners that do not meet bank requirements. This type of business loan is short term so the payment plan will be spread out anywhere from one year to three years but it can offer weekly or monthly payments if you have a really good credit profile.
Loan Term
6 to 36 Months
Rates
12% to 36%*
Minimum Credit Score
650
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Bad credit business loans are for business owners with poor personal credit or weak business financials. This type of funding features daily or weekly payments and the fees are determined before funding takes place. This product has very few document requirements and funding can take place as fast as the same day. This financial product is a great option when traditional financing is not a possibility.
Loan Term
2 to 18 Months
Rates
12% to 45%*
Minimum Credit Score
500
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
Same Day Business Loans are designed to meet your urgent financial needs. With our streamlined application process, various quick funding products, minimal paperwork, and flexible qualification criteria, you can often have access to funds within hours. This type of service has allowed our clients to seize new opportunities, address emergencies, or maintain smooth business operations.
Loan Term
2 to 36 Months
Rates
12% to 45%*
Minimum Credit Score
500
Minimum Loan Amount
$10,000
*Rates and fee depend on the duration of funding
Unsecured business loans are a great option for small business owners that require funding for their business but do not have collateral. This product features daily, weekly, and monthly payment options and funding can take place as fast as 24 to 48 hours. A wide variety of Shield Funding options are unsecured so there will be a lot of flexibility in what unsecured funding option to choose.
Loan Term
6 to 36 Months
Rates
12% to 45%*
Minimum Credit Score
600
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
This type of funding option is a great option for small business owners that want to get approved for funding but not necessarily want to use all of the funds and increase interest costs. The payment terms feature weekly or monthly payment options, and the overall cost of financing will be based on how much the borrower decides to utilize. Financing can take place in as little as 1 to 3 days depending on the size of the line of credit but the amount generally goes up to 250k or less.
Loan Term
2 to 36 Months
Rates
4% to 25%*
Minimum Credit Score
660
Minimum Loan Amount
$5,000
*Rates and fee depend on the duration of funding
This is the best option for borrowers that do not want the burden of fixed payment schedules. Payments are withdrawn from a small percentage of the business revenue until the advance is paid back. That percentage can range from approx. 10-30% and usually comes as a daily or weekly payment. This feature can possibly give merchants the ability to pay less during slower business cycles and more when business is better. Funding can take place as quickly as the same business day as there are very few document requirements.
Loan Term
2 to 36 Months
Rates
12% to 49%*
Minimum Credit Score
500
Minimum Loan Amount
$8,000
*Rates depend on duration of funding
Working capital loans are a great resource for small business owners that require funding to help finance the daily operational expenses of the company. Various funding options can be used for working capital so it will just come down to a tailored working capital solution that fits your needs. Working capital loans offer flexible payment structures so daily, weekly, and monthly options can potentially be available. Funding process can take place as quickly as the same day
Loan Term
12 to 36 Months
Rates
12% to 45%*
Minimum Credit Score
650
Minimum Loan Amount
$10,000
*Rates and fee depend on the duration of funding
When operating a business it is often possible to have multiple lines of credit and different types of business loans or merchant cash advances. Shield Funding has been helping business owners consolidate their business debt for almost two decades. We know how important it is to get competitive rates, and flexible terms, and to work with a lender you can trust. There are several ways to either pay off or consolidate business debt and Shield Funding can offer a custom tailored solution for your business.
Loan Term
6 to 36 Months
Rates
12% to 45%*
Minimum Credit Score
650
Minimum Loan Amount
$20,000
*Rates and fee depend on the duration of funding
SBA Business Loans are a great way for business owners to secure low cost business financing through banks based on guarantees from the federal government. There is a wide variety of funding programs offered by the SBA and the stringent requirements and paperwork can often leave business owners afraid of the process. Shield Funding wants business owners to exhaust this option as a first stop in business lending and we can be there for additional funding. Our loan experts can advise you here as well if this is an option you are considering.
Loan Term
Typical 5 to 30 yrs
Rates
2.25% to 15%+
Minimum Credit Score
680
Minimum Loan Amount
$25,000
*Rates and fee depend on lender and prime rate
We offer a variety of custom tailored business funding options for California business owners. We strictly adhere to the established rules and regulations of the local government and can work with your business to get the business funding you need.
Loan Term
12 to 36 Months
Loan Term
12% to 45%*
Loan Term
650
Loan Term
$10,000
*Rates and fee depend on the duration of funding
PayPal offers two simple financing options for small businesses: the PayPal Business Loan and PayPal Working Capital. The Business Loan provides up to $150,000 with fixed weekly payments and no collateral required—eligibility depends on time in business and annual revenue. The Working Capital loan offers up to $300,000, with repayments made as a percentage of your PayPal sales, making it flexible with your cash flow. This option requires a PayPal Business or Premier account and has no credit check. Both loans are designed to provide fast funding with clear terms to help businesses manage expenses and grow.
Bank of America offers several small business credit cards to fit different needs. The Customized Cash Rewards card gives 3% cash back in a category you choose, 2% on dining, and 1% on everything else. The Unlimited Cash Rewards card offers 1.5% cash back on all purchases, and the Travel Rewards card gives 1.5 points per dollar spent with no point expiration. You can also boost your rewards by 25% to 75% by joining their Preferred Rewards for Business program.
PNC Bank offers a variety of business credit cards to fit different needs. Options include cash back cards like the PNC Cash Rewards card, which gives 1.5% back on purchases (and 3% for the first year), and the PNC points card, which earns 5 points per $1 spent. For travel, the Travel Rewards card earns miles on every purchase. There’s also a Visa Business Card with a 0% intro APR for 13 billing cycles, and the BusinessOptions card for companies spending $50,000 or more annually. All cards offer online account access and free employee cards.
The USDA’s Rural Microentrepreneur Assistance Program (RMAP) provides financial support to Microenterprise Development Organizations (MDOs), such as nonprofits, tribes, and educational institutions, to assist rural businesses with 10 or fewer full-time employees. MDOs can receive loans between $50,000 and $500,000 to establish revolving loan funds for microloans to these small businesses, and grants up to $100,000 annually to provide technical assistance and training. Microloans can be used for working capital, equipment purchases, debt refinancing, and real estate improvements. Eligible businesses must operate in rural areas with populations under 50,000. Applications are accepted on an ongoing basis.
Small business loans are a flexible and reliable way for business owners to access the funding they need to manage daily operations or grow their company. Whether you need capital to cover payroll, pay bills, invest in inventory, or handle emergency repairs, these loans can help without placing restrictions on how the money is used. Loan amounts typically range from $10,000 to $1 million, and many options are unsecured—meaning you won’t need to put up collateral. Generally, a credit score of around 650 and a fair credit history are required to qualify.
If you have bad credit or have been turned down by traditional lenders, we offer alternative solutions like merchant cash advances. These can provide fast access to funds based on your business’s revenue, not just your credit score. Even if you don’t process credit cards, we also offer bad credit business loan options that could work for your situation. No matter your financial background, we aim to help you secure the capital you need to keep your business running strong.
Small business loans are a valuable resource for covering day-to-day expenses and keeping your operations running smoothly. You can use them to manage payroll, rent, utilities, inventory, or even unexpected costs like equipment repairs. These loans are also helpful for launching marketing efforts, bridging cash flow gaps, or getting through slower seasons. Many businesses rely on small business loans to take advantage of short-term growth opportunities or make minor upgrades without dipping into savings. While they’re not meant for long-term investments like buying real estate, small business loans are a flexible solution for immediate financial needs.
Before applying for a small business loan, it’s essential to know exactly how you plan to use the funds. Are you looking to grow your business, manage daily expenses, handle a short-term cash crunch, or invest in marketing or equipment? Having a clear purpose will help you decide how much money to borrow and what kind of repayment plan works best for your situation. It’s also important to think about whether the loan will positively impact your business—such as increasing profits or helping you stay steady during slower months. A focused plan ensures you borrow wisely and avoid taking on debt that doesn’t support your goals.
When considering the payback for a small business loan all the additional fees must be factored into your calculations. It is important to note that each lender is different and can have their own set of fees completely different than every other lender. Although Shield Funding does not charge most of these fees listed below they are common with many lenders.
The origination fee covers the cost for processing the loan. This includes administrative costs, verifying an application, and other costs associated with approving your application and getting the funds in your business bank account. This fee is generally quoted as a percentage, generally between 1% and 5% although some lenders charge a flat fee
This fee is charged for processing your application whether or not you receive an approval. It helps cover the costs for running credit checks and basic administrative costs for initiating the small business loan process. This fee is typically waived when the borrower receives funding although there are many lenders that do not even charge an application fee.
This fee is charged when a borrower fails to make a payment on the due date. Many loan programs today have automatic payment options so the borrower does not formally submit payments, but if there are insufficient funds in the account some lenders can charge a late payment fee for every attempt to draw the payment that has been rejected.
A prepayment fee or penalty is a fee that some lenders charge when a loan is paid back in full before it matures. However, this does not exist in the alternative financing industry. In fact, it is the exact opposite. Some lenders actually offer a discount for prepaying your loan. Be sure to know your prepayment options before accepting the funding.
We have had small business owners who have received funding in the same business day that they applied. It just depends on how prepared the applicant is with their documents as well as several other factors.
Shield Funding does not sell information to other lenders. We handle everything in-house so you do not have to worry about receiving unwanted phone calls from multiple lenders.
Yes. There are no restrictions on how you utilize the funds.
No. We have programs for all credit types. It is more important that you have a business with revenue and the 4 most recent banking statements to verify the revenue.
Shield Funding does not sell information to other lenders. We handle everything in-house so you do not have to worry about receiving unwanted phone calls from multiple lenders.
No. You do however have to own at least fifty one percent of the business.
A minimum of 4 months is required, however, there can b e an exception for slightly less if the business has good cash flow.
No. In fact, in some cases you may receive a discount.
