Top 10 No-Credit-Check Capital Loans You Can Apply for Today

You need fast funds, but a low credit score or a thin credit history can lock you out of a business line of credit. PayPal Working Capital, Credibly and Kiva offer no-credit-check loans like cash advance and accounts receivable financing.

This post covers ten top tools, from working capital loans to revolving credit lines, so you can pick the right fit for your small business. Keep reading.

Key Takeaways

• Credibly gives small firms $5,000–$600,000 in 3–24-month loans. It asks for a 500 credit score, six months in business, and $15,000 in monthly revenue. You get an answer in four hours and often same-day funds.
• Kiva offers $1,000–$15,000 zero-interest microloans for up to 36 months. U.S. residents (except NV and ND) need no credit check. You also get a six-month grace period and repay only the principal.
• PayPal Working Capital lends $1,000–$200,000 (up to $300,000 on repeat) without credit checks. You pay one flat fee plus 5%–10% of sales every 90 days. Most sellers see funds in days.
• Square Loans fund $100–$350,000 with no credit check or fees. Square takes a fixed share of daily sales until you repay over 18 months. This option won’t risk your credit score.
• Invoice financing providers like FundThrough (2.75%–8.25% fees) and AltLINE (0.8% factor rates) turn unpaid invoices into cash. Giggle, BlueVine, OnDeck, and National Business Capital also give revenue-based capital up to $5 million with fast approvals.

Credibly: Best for Businesses with Bad Credit

Credibly gives small businesses with shaky credit a second chance. It offers long-term loans, working capital loans, business lines of credit, and merchant cash advances. Loan amounts range from $5,000 to $600,000 with terms from 3 to 24 months.

It serves firms open at least six months with $15,000 in monthly revenue and operates in all 50 states and D.C.

The online loan application provides approval within four hours, and many receive same-day funding to boost cash flow. Lenders require only a 500 credit score and assess overall business health rather than focusing solely on credit reports.

They maintain a revenue threshold, so firms must average $15,000 monthly. Interest rates remain competitive, but businesses pay for speed and flexibility.

Kiva: Best for Microloans

Kiva runs a peer to peer platform for microloans. It lets you borrow between $1,000 and $15,000 at zero interest. Terms can run up to 36 months. Lenders back you with no credit check or minimum credit score.

You must be 18 and a U.S. resident. You cannot have active liens, bankruptcies, or foreclosures. Over 1.6 million people lend money through this service.

It waives interest and all fees, so you repay only the principal. You also get a six month grace period before any payments start. That setup helps small businesses, startups, and freelancers juggle cash flow.

Only residents of Nevada and North Dakota cannot apply. Many borrowers use funds to buy equipment, cover payroll, or boost working capital.

PayPal Working Capital: Best for PayPal Business Users

PayPal Working Capital gives up to $200,000 in working capital for sellers on the payment platform. Borrowers can tap between $1,000 and $200,000, and get up to $300,000 if they draw again.

A Business or Premier account must sit for 90 days and bring in $15,000 in annual sales; Premier accounts need $20,000. The program skips credit score checks. It acts as an alternative financing tool for cash flow and short-term growth.

This merchant cash advance uses your sales data for repayment. It charges a single fee plus 5% or 10% of sales every 90 days until the balance clears. You track fees and payments in the PayPal dashboard, and most first timers see cash in days.

Repeat applicants enjoy instant capital. North Dakota, South Dakota and Virginia do not get access.

Square Loans: Best for Square Sellers

Square Loans serve sellers on Square, offering business loans with fast funding. You can borrow $100 to $350,000, making these one of the most flexible small-business loans with no credit check.

Square deducts a share of daily sales until you repay in 18 months. The deal has no interest or processing fees, no late charges, and no credit score impact.

These loans feel like a lifeline when your cash flow dips. They suit small-business financing and stand apart from merchant cash advances, credit cards, payday loans, and other no credit check business loans with high interest rates.

No minimum credit score makes this an easier-to-borrow option among online lenders and alternative financing. Auto-deduction and a flat fee help you focus on income, not loan repayment terms.

FundThrough: Best for Invoice Factoring

FundThrough offers invoice factoring by buying your unpaid invoices. This approach pushes your cash flow fast. The service skips any credit check. You share accounts receivable, bank statements, and tax history.

Funds arrive as soon as the next day. The company needs at least $100,000 in receivables. Fees range from 2.75% to 8.25%, based on net terms.

Small outfits tap into FundThrough’s platform. It links to accounting software and bank data via Plaid. No lump sum loan or business line of credit sits on your books. Firms that need working capital find this useful.

The platform rates each invoice, then sends funds. Many online lenders can’t match this speed.

AltLINE: Best for Invoice Financing Options

AltLINE taps into your unpaid invoices to boost cash flow. It funds up to 90% of your receivables. You can borrow as much as $5 million monthly. Factor rates start at 0.8%. This alternative financing tool works like invoice factoring for accounts receivable.

Owners who hold a 10% stake must sign a personal guarantee. AltLINE skips credit checks, credit scores, revenue caps and time-in-business tests. The Southern Bank backs this direct division.

You pay clear fees, not sky-high interest rates. Local outfits grab working capital without bank headaches.

Giggle Finance: Best for Freelancers and Independent Contractors

Giggle Finance grants quick working capital for freelancers and independent contractors. It offers same-day funding on loans up to $5,000. The service asks for a business history of at least three months and annual revenue above $36,000.

It uses bank statements for approval, not credit scores, so founders with poor credit can apply.

This option counts as alternative financing or a merchant cash advance, though it charges factor rates instead of APR. The site does not disclose fixed fees on its page, so borrowers must check loan repayment terms closely.

Approvals rely on deposit records and cash flow patterns, not credit reporting. Applicants complete online loan applications in minutes.

BlueVine: Best for Fast Working Capital

This lender skips credit score checks and speeds up funds. It checks monthly revenue and business health instead of FICO. It offers a business line of credit up to $250K with APRs from 4.8% to 51%.

This plan suits firms with poor credit. This no credit check loan can boost cash flow in days.

It ranks high among online lenders thanks to a clear online dashboard. This alternative financing suits small business loans needs. The process feels less intrusive on personal finances.

It behaves like a merchant cash advance or a revolving line of credit. Owners in a startup phase can match loan repayment terms to revenue requirements.

OnDeck: Best for Short-Term Business Loans

OnDeck issues short-term business loans for varied financing needs. It offers no credit check capital loans and skips FICO hurdles. Lenders use revenue data and future sales potential, instead of credit scores, to set loan repayment terms.

Approval comes fast, even if your business credit stays low.

Funds arrive in days through an online lender platform. Owners tap working capital or buy equipment, all under clear fixed fees. OnDeck boosts cash flow, so you can invest in inventory, cover payroll, or expand services.

It stands out among alternative financing options for firms with poor credit.

National Business Capital: Best for Large Loan Amounts

National Business Capital offers big loans with no credit check for small business needs. The team reviews cash flow and revenue potential. You could tap up to five million dollars in funds.

A fast online form can yield approval in two days. Staff uses predictive analytics and bank data to judge risk.

Many owners pair this option with a merchant cash advance or equipment financing. Terms last six to eighteen months, with higher interest rates. Loan repayment terms run tight to ease lender risk.

Funds arrive fast, so cash flow never stalls. This alternative financing works alongside a business line of credit or small business loans.

Types of No-Credit-Check Business Loans

With a revenue advance, you give a slice of future sales for cash now, at set fees or interest rates, while receivables financing platforms turn unpaid invoices into working capital, boosting your cash flow.

Asset leasing agreements fund your gear, spread out payments, and let you dodge strict credit checks with ease.

Merchant Cash Advances

This option gives businesses quick funds in exchange for a share of sales. Providers charge triple-digit APRs and apply automatic repayments from your credit card processor account.

Lenders approve these advances with no minimum credit score, so no credit check business loan hurdles block you. You tap a merchant cash advance when you need urgent cash flow, but you face high interest rates and fixed fees.

Equipment Financing

Lenders look at equipment value as collateral, not credit score. A company with poor credit can still qualify. Online lenders set rates based on machinery worth. No credit check financing makes funding strong machines easier.

Applications move fast, often within 24 hours. Funds hit accounts quickly to protect cash flow. Companies avoid downtime from broken gear. Comparing equipment financing options helps find low fees and clear repayment terms.

Vendor Financing

Vendor financing lets you snag inventory or gear on credit without a credit check, and it fuels equipment financing and cash flow. An enterprise resource planning program links orders to your vendor payment schedule and gets you funds in days.

You tap it for a sudden stock need or expansion. Many sellers cut you flexible terms with clear loan repayment terms; they rate you by monthly revenue not FICO. A quick draw beats slow bank processes on small business loans.

Purchase order financing rides on vendor deals, so you skip most poor credit issues. It even builds your business line of credit if you pay on time. You pair it with an accounting program for real time tracking of cash flow, so you spot a shortfall fast.

This funding solution feels like trading goods with a handshake backed by numbers.

How to Compare No-Credit-Check Loan Options

Comparing loan offers helps you choose smart funding solutions. You can match rates, fees, and terms to your needs.

1. Scan interest rates closely. Many online lenders set high interest rates on no-credit-check business loans.
2. Review loan amounts range. You will see offers from $5,000 to $250,000 based on monthly revenue requirements.
3. Evaluate repayment plans. Some draw cash flow daily, while others use fixed monthly payments.
4. Factor in all fees. Origination charges, fixed fees, and invoice factoring costs can add up fast.
5. Check revenue requirements. Square loans need steady sales, PayPal Working Capital ties funding to your merchant cash advance history.
6. Use a business loan calculator. This tool shows total interest payments and fees over your term.
7. Confirm inquiry type. Soft pulls keep your FICO score safe; hard checks may ding your credit score.
8. Note minimum business age. Many online lenders ask for at least six months of operation, some want two years.
9. Assess funding options type. Cash advance, equipment financing, vendor financing, peer-to-peer lending, or crowdfunding platform loans come with different costs.
10. Prepare accurate application. Complete, correct paperwork cuts processing delays and speeds funding for your small business.

Pros and Cons of No-Credit-Check Business Loans

Take a peek at the pluses and pitfalls of no-credit-check business loans.

Alternatives to No-Credit-Check Loans

Kickstarter and LendingClub help you raise cash, with no credit check. SBA grants give free funds if you meet the rules.

Crowdfunding Platforms

Small businesses tap crowdfunding platforms to raise money without a credit check. These sites let many backers give small amounts, so you can gather funds even with poor credit or no revenue.

Some campaigns offer perks like early product samples or branded swag. Peer-to-peer crowdfunding platforms like Kiva connect entrepreneurs to 1.6 million lenders.

Entrepreneurs boost visibility by sharing campaigns across social media channels. Many owners see a reward-based crowdfunding approach as an alternative financing option to traditional small business loans.

The platforms charge fixed fees, not the high interest rates banks demand. You keep control and avoid debt while you grow your business.

Small-Business Grants

The Small Business Administration, state agencies, and private foundations offer grants. These awards boost cash flow and cover payroll, equipment, or marketing costs. SBIR, a program for R&D firms, funds research and development projects.

Grant funding does not require a credit check or repayment.

You must craft a clear business plan to qualify. Some grant programs demand revenue projections, cost estimates, or project goals. Online portals list hundreds of funding solutions each day.

Search Grants.gov or state commerce portals for open opportunities.

Tips for Applying for a No-Credit-Check Loan

Follow these tips and speed your funding process. They help you apply for loans that skip credit reviews with less stress.

1. Gather accurate application materials, such as bank statements and tax returns, to cut processing delays.
2. Check revenue requirements, including monthly revenue and time in business, this aligns with lender specifics.
3. Review interest rates and fixed fees across no credit check business loans and merchant cash advance offers to spot high costs.
4. Use an online business loan calculator to compare funding solutions, loan amounts, and repayment terms.
5. Verify lender legitimacy via reviews and Better Business Bureau listings to avoid predatory lenders.
6. Align equipment financing or other loan options with your cash flow and business plan to secure a sustainable deal.
7. Improve credit reports by disputing inaccuracies, paying bills on time, and lowering credit card utilization.
8. Maintain credit mix by keeping old business credit cards open and adding a vendor financing line if needed.
9. Limit new inquiries to a few trusted online lenders to preserve credit histories and speed approvals.
10. Craft a clear loan summary that shows revenue-based projections and your repayment capacity.

Takeaway

This list shows ten options to fuel your cash flow fast. Some plans use invoice factoring or merchant cash advances. Others pop up on a microlending platform or an online wallet lender.

You match needs to payback terms. Small shops and home offices use these tools to tackle lean revenue days.

FAQs on No-Credit-Check Capital Loans You Can Apply

1. What are no credit check business loans?

They let you borrow without a credit check, you pay back by linking to your monthly revenue, and they work for firms with poor credit.

2. How does invoice factoring help cash flow?

You sell unpaid bills to online lenders, you get cash right away, and you pay a fixed fee later.

3. What is a merchant cash advance?

It gives you a lump sum now in exchange for a cut of your daily sales. It can carry high interest rates and fixed fees, so read the terms.

4. Can I get working capital from PayPal or a merchant platform loan?

Yes, PayPal working capital or a merchant platform loan use your sales data, they skip your credit score check. They set loan amounts by your revenue requirements, and you pay as you earn.

5. What other alternative financing options exist?

You can try P2P microlending, Kiva loans, revenue-based financing or angel investors. Each option has its own loan repayment terms, interest rates, and fees.

6. How do I pick the best plan to leverage funds?

Think of choosing a loan like picking the right tool from a toolbox. Match your business plan to the loan, try a machine lease for gear needs, watch interest rates, track fixed fees, and guard your financial health.