Small Business Loans Up To $250,000
Simple application. Simple process.
Simple application. Simple process.
Do you need a loan for your business? Balboa Capital offers small business loans, and we make the entire process a snap. You can apply for a small business loan from your computer or mobile device. We keep our application straightforward so you can complete it quickly.
We will review your loan application promptly and provide you with a decision right away during our regular business hours. If your application is approved and you decide to move forward, one of our helpful business funding specialists will contact you to discuss your options and answer any questions you have. You can then get back to doing business as usual and go about your day because your cash will soon be on its way.
These are some of our minimum lending requirements, and meeting them does not constitute a business loan approval.
Should you apply for a small business loan, additional lending criteria will determine if you qualify.
Balboa Capital understands that business owners often need quick funding for things like inventory, payroll, supplies, emergencies, or time-sensitive business opportunities. If you are in a cash crunch and cannot afford to wait, we might be able to help. We are known for our ability to provide fast business loans.
Our minimum requirements are one year in business, $300,000 or more in annual revenue, and a FICO credit score of 620 or higher. We will also look at other factors when evaluating your loan application.
Not only does Balboa Capital have competitive rates. We also have payment options that are designed to work with your budget. For example, you can repay your Balboa Capital loan daily or weekly through an automated clearing house (ACH) transfer from your business’s bank account.
This is a popular option because it saves money and is entirely automated. You can also prepay your loan anytime without a penalty.
Pay suppliers
Business expansion
Employee payroll
Marketing efforts
Inventory
Business taxes
One of the best advantages of our loans is flexibility. You can use your funds for just about any business need or expense you have. After all, it is your loan, and we think you should use it however you want. That said, it is a good idea to only take out a loan for things that are important for your business.
Also, it is worth noting that paying back your loan on time might give your credit score a nice boost. A higher credit rating can lead to more considerable borrowing power and lower interest rates in the future.
Partial list of loan options that Balboa Capital offers.
How to get a business loan in 5 easy steps
Find out what is needed to get a loan request approved.
Five factors that affect loan interest rates
These factors affect almost every borrower’s interest rate.
Why loans for small businesses get rejected
Learn the most common reasons why loans get rejected.