Fundera by NerdWallet is not a direct lender. We do not finance businesses or underwrite loans. As a marketplace, we connect you with a network of vetted business lenders, allowing you to see and compare multiple options at once.
We help you find the
best loan for your
small business
Getting a business loan can be challenging. We offer personalized guidance to help you choose the right financing solution with confidence.

Why choose Fundera by NerdWallet?

It’s free
Discover all of your options in one place for free.
Compare multiple options in one place
Complete one application and prequalify for multiple loan offers at once.
Get funding, fast
Receive funding in as little as one business day.
Check out all the loan types available on our platform
SBA loans
SBA loans are partially guaranteed by the U.S. Small Business Administration and issued by lending partners, like banks and credit unions. These loans can be used for a variety of purposes and offer long repayment terms, large loan amounts and low interest rates.
Term loans
Term loans provide a lump sum of capital that you repay over a specific period of time, with interest. Short-term loans usually have repayment terms up to 24 months, whereas long-term loans can offer terms up to 10 years, or longer.
Lines of credit
A business line of credit is a flexible form of financing that gives you the ability to draw from a set amount of funds when you need capital. Unlike a traditional term loan, you only pay interest on the funds you draw — and once you’ve repaid what you’ve borrowed, you can continue to draw on the line.
Check out all the loan types available on our platform
SBA loans
SBA loans are partially guaranteed by the U.S. Small Business Administration and issued by lending partners, like banks and credit unions. These loans can be used for a variety of purposes and offer long repayment terms, large loan amounts and low interest rates.
How Fundera by NerdWallet works
1. Tell us about your business
Answer just a few questions about your business to see which lending products you qualify for. It’s free and won’t impact your credit score.
2. Compare your loan options
We match you with a variety of business loan options and provide guidance to help you choose the best one for your needs.
3. Get funded
After loan approval, you’ll sign closing documents to receive your funds. Some lenders can approve and issue funds within one business day.
Frequently asked questions
We use a soft credit inquiry to determine which loan options are a match for your business, which will not affect your credit score. If you decide to move forward with any of our lenders, you may receive a hard credit inquiry, which would impact your credit score. You’ll be notified about this during the formal application process with that lender.
With most business loans, you’ll borrow money from a lender and repay it over a specific period of time, with interest. Loan amounts, repayment terms and interest rates will vary based on your loan type, lender and qualifications.
Yes, it’s possible to get a business loan with bad credit; some lenders accept credit scores as low as 500. These loans tend to have higher interest rates and shorter repayment terms, however.
To access the widest variety of loan options, it’s helpful to have good credit, multiple years in business and strong revenue. Eligibility requirements will ultimately vary, however, based on the lender and loan type.
Although it may be more difficult, it is possible for startups to get a business loan. Some online lenders will accept startups with three to six months in operation.