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Loan Amount Slider
$5,000 $200,000

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Weekly Payment Amount

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The Business Backer is temporarily not accepting new applications.

This loan calculator assumes approximately a monthly interest expense of 1.7%1 and an origination fee of 3%.+ Interest expense and loan amount may vary based on your application information.

Small Business Loans

Financing designed to meet the everyday
needs of small business owners.

Online Business Loans for Larger Expenses

When business owners need a business loan, they’re typically looking for a lump sum of cash that is repaid (with interest and fees) in fixed installments over the course of several months or years. These types of business term loans are the most common type of small business loans. But not every business owner can qualify for a business loan from a bank. They may not have a high enough credit score, or they haven’t been in business long enough. Some businesses just need money quickly and don’t want to wait for a bank to make a decision. That’s why non-bank lenders such as The Business Backer offer online financing that can help business owners who don’t qualify for (or don’t have time for) traditional small business loans.

Finance With a Lender That Understands Your Needs

Running a small business takes determination and hours of hard work. That’s why we crafted our small business loans to help you spend less time worrying about financing and more time driving your business toward success.

The Business Backer’s small business loan is a term loan, meaning you get a lump sum payout that you pay back over a set repayment period, plus interest and any fees. Our application process takes just minutes, and as long as we have all the required documentation needed, you can receive a decision within hours. We also make sure you have the flexibility to choose the repayment schedule that best fits your small business’s finances.


Maximum Loan Amount

4 – 18 months

Repayment Period

Daily or Weekly

Payment Frequency

Interest Expense Starting at 1.7% per Month of the Funded Amount1 + 1% – 8% Origination Fee+

Rates and Fees

Minimum Qualifications

1 Year

Time in Business


Annual Revenue


Credit Score

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The Business Backer is not accepting new applications.

Why Choose Alternative Financing Over Traditional Bank Financing?

Compared to a traditional bank loan, our loans:

Have straightforward qualification requirements

Are decided same-day

on applications received before 10 a.m. ET

Require little paperwork

(None if connected to Plaid)

Offer next business day funding

Cater to new businesses open for at least 1 year

The Business Backer is a non-bank lender. Unlike traditional bank financing — which often has stringent requirements and a weeks-to-months-long application and funding process — financing from non-bank lenders can offer a faster and smoother application and funding process.

Our online application requires minimal or no paperwork. Applicants can either submit the last 3 months of business bank statements, or they can connect to our e-bank provider, Plaid. If approved and contract signed, funds can be delivered to the desired bank account in 1-2 business days.

Breaking Down the Cost of a Small Business Loan

This is an example of the costs that are a part of every small business loan we fund.

Average 2%
Monthly Interest1

Of Loan Amount

3% Origination Fee+

One-time fee that will be deducted from your loan proceeds.

Our Small Business Loan Advantages

Pay Back Early and Save

Customers in good standing who pay off their loan early get a 35% discount on non-accrued interest.

Borrow More When You Need

If you're approved for a second loan before repaying your first, we'll discount 100% of unpaid interest on your first loan and only roll over the outstanding principal from your first loan. Eligible customers can apply for additional funds in as quickly as 60 days.

Apply for Funding

The Business Backer is not accepting new applications.

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