Best Business Loans for Low-Revenue Companies in 2024

What are the best business loans for low-revenue companies? When you want to apply for a loan for your business, most lenders require that your business have a good amount of revenue. Although this helps to protect the lenders, it makes getting capital very difficult for many businesses. It will be difficult to find a loan to help lift your business before you have started bringing in revenue.

Best Business Loans for Low-Revenue Companies

Currently, many lenders offer business loans to low-income companies. To help you with the search, we have compiled a list of the best Business Loans for Low-Revenue Companies. We have evaluated their factors, including fees, interest rates, loan amounts, borrower requirements, regional availability, and more.

7 Best Business Loans for Low-Revenue Companies

In this section is our list of the best business loans for low-revenue companies, so you can choose an option that meets the needs of your business.

American Express

Formally referred to as Kabbage, American Express Blueprint is a good one for micro businesses due to its requirements for low annual revenue. You just need an average monthly revenue of $3,000, which comes to revenue of $36,000 per year. It is also a good choice for its wide range of loan amounts.

Lines of credit for businesses are available in amounts ranging from $2,000 to $250,000. However, the amount of money you can borrow is determined partially by your repayment term. Keep in mind that repayment terms go up to 18 months only. And if you want to pay back your line of credit over 12 or 18 months, you need to borrow about $10,000. To borrow, you need to be in the business for at least a year, have a Fisco score of at least 640, and have an average monthly revenue of about $3,000.


Ondeck has various business lending products and same-day funding. This lender offers a term loan ranging from $5,000 to $250,000 with repayment terms of about 24 months. You can get access to a credit limit of about $6,000 to $100,000 through the line of credit. With a year-to-month repayment term that resets after every withdrawal. To borrow, you will need a minimum credit score of 625, to be in business for at least one year, and a minimum revenue of $100,000 in a year.


Lendio is a loan marketplace, not an actual lender. It helps match business owners with over 75 lenders. Lendio partners with lenders to offer loans such as accounts receivable funding, business lines of credit, SBA loans, short-term loans, business term loans, business cash advances, equipment financing, commercial mortgages, startup loans, business acquisition loans, and business credit cards. Thanks to the different loan options offered, almost any business can find a loan that works for them.

Just so you know, the loans come in various terms and amounts. Unlike other lenders, some of the partners offer loans with a credit score as low as 600. This means that even if you have a spotty credit record, you can get financial help for your business. To borrow, you will need to have revenue of at least $8,000 monthly. And I must be in business for about 6 months.


Fundbox is an AI-powered lending platform for businesses to help speed up the application and funding processes. It gives it a decision within 3 minutes, and the funds will be received the next business day. Borrowers have two financing options through this online lender. Business owners can apply for a business credit of about $150,000 with repayment terms of 3 or 6 months. Your available credit will go back as you repay the line of credit. To borrow, you will need a minimum credit score of 600, a minimum revenue of $100,000 a year, and a time in business of 6 months.


Biz2Credit is an online funding platform that offers three funding options: commercial real estate, term loans, and revenue-based financing loans up to $1 million. It only takes a few minutes to apply for this loan. It offers third-party options to eligible borrowers when it cannot provide them with a financial product. To borrow from Biz2Credit, you will need a minimum credit score of 650, 18 months in business, a minimum revenue of $10,000 per year for revenue-based financing, and $250,000 per year for term loans.

Bank of America

Bank of America provides various financing choices, mainly for new businesses. They have three options: a regular line of credit, a secured line of credit, and a term loan.

Getting an unsecured line of credit or term loan requires being in business for at least two years. And having a good personal credit score. But these loans offer more money, lower interest rates, and longer payback times, unlike other lenders.

The secured line of credit is good for new businesses with lower incomes. You can start with a security deposit as low as $1,000 to build your business credit. Once you meet certain requirements, like years in business and minimum revenue, you can switch back to an unsecured credit line.

If you do not qualify for a term loan or line of credit, other alternatives are worth considering. They include crowdfunding, peer-to-peer lending, and a credit card. You can also work on boosting your business revenue and apply again.