Funding from non-bank lenders and investors. Faster and more flexible than banks, priced higher; read total payback carefully.
Check my optionsFinancing options
Private business loans come from non-bank sources: online lenders, revenue-based funders, private credit firms, individual investors and specialty finance companies. They trade the low cost of bank lending for speed, flexibility and access.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
You can apply at 500; stronger credit opens more products.
Advances, lines of credit and second-position options in one place.
A human reads the file, not just an algorithm score.
Existing balances of $100,000 or less can be bought out.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
The category is broad. Online term lenders and line-of-credit providers use technology to underwrite quickly, often within days. Revenue-based funders and merchant cash advance providers underwrite mainly on bank deposits. Specialty lenders focus on equipment, real estate, invoices or specific industries. Private credit funds and individual investors make larger, negotiated loans to established companies. Each has different costs and criteria.
Compared with banks, private lenders typically decide faster, require less documentation, accept lower credit scores and serve younger businesses. Revenue-based funders, for example, consider credit from 500 and several months of deposits. In exchange, costs are usually higher and terms shorter, and payments may be daily or weekly rather than monthly.
Regulation differs as well. Banks are federally or state chartered and supervised; many private commercial lenders operate under state lending or commercial financing laws, and several states now require standardized cost disclosures for certain commercial financing. Ask whether the provider is licensed or registered where required and request the disclosure.
Because the category varies so much, comparison matters more than with banks. Put each offer into net cash, total payback, payment amount and frequency, term and early-payoff terms, and read reconciliation, default and guarantee sections.
A marketplace such as MFE gives access to multiple private funders through one application, making that comparison faster.
Private lenders also vary in how they handle problems. Before signing, ask what happens if a payment is missed, whether the lender offers modifications or reconciliation, and how collections are handled. Clear, reasonable answers are a good sign; vague or aggressive ones are a reason to look elsewhere.
Here is a private, revenue-based offer in plain dollars. Illustrative numbers.
| Amount funded | $25,000 |
| Factor rate | 1.35 |
| Total payback (amount × factor) | $33,750 |
| Fees deducted at funding (2%) | $500 |
| Net cash you receive | $24,500 |
| Weekly payment over 52 weeks | $649 |
| Same total as daily debits (~260 business days) | $130/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Online term and line lenders | Fast, moderate credit |
| Revenue-based / MCA funders | Deposits-based, credit from 500 |
| Equipment and specialty lenders | Asset- or industry-focused |
| Invoice factors | Receivables-based |
| Private credit and investors | Larger, negotiated deals |
Good fit:
Probably not yet:
Financing from a non-bank source such as an online lender, revenue-based funder or private investor.
Generally yes, in exchange for speed and access.
Many operate under state laws; several states require cost disclosures.
Often days, and revenue-based options can fund the next business day.
It varies; revenue-based funders consider scores from 500.
Net cash, total payback, payment, term and key contract terms.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding