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loan process

Access to the right financing options for your business

Our streamlined loan process blends innovative technology with personalized service.

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Only takes 5 minutes and doesn't impact your credit score1

How it works - smartbiz loans

How it works

From pre-qualification through approval, we’re with you every step of the way.

1. application (1)

Complete one single, streamlined application

You’ll find out if you’re pre-qualified in five minutes, with zero impact to your credit score.1

2. Finance options

Find the financing that’s right for you

Our team and technology work together to recommend the right financing options for your specific needs.

3. Your Funded

Access your capital and put it to work

After we support you through the application process, we connect you directly to the lender that's right for you.

We connect you with the loan that’s right for you

See if you pre-qualify, without impacting your credit score.1

We take your privacy seriously

  • Bank-level 256-bit encryption protects your personal data. 
  • Trusted by more than 230,000 American entrepreneurs.
  • And we’ll never (ever) sell your information to marketers.
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Frequently asked questions

Who can apply for a loan with SmartBiz?
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Most U.S. based small businesses older than 2+ years are eligible to apply. Successful applicants can prove they are able to make a monthly loan payment. SmartBiz connects many businesses that don’t yet qualify for SBA or bank term loans with custom financing solutions.

Which type of loan is right for me?
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The fastest way to find out which type of financing is best for your business is to apply. Our intuitive application assesses your unique profile, needs, and challenges and presents you with the best solutions for your specific situation.

What do I need to have ready before I apply?
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You can start your application right now and see if you pre-qualify before gathering any documentation at all. Our smart technology requests only the documents you actually need.

How much will this cost?
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SmartBiz does not charge customers for applying or processing their SBA loan application. Successful applicants will be charged one-time fees by the lender and SBA. Bank Term loans offered through SmartBiz include a 3% referral and 3% package fee. Any fees charged by our custom financing lending partners will be disclosed by the lender. All fees, as well as closing costs, are charged only on funded loans and deducted at the time of funding.

Trusted & Loved

Prompt and pleasure to work with.

Loan Application Made Easy AND Enjoyable. Working with SmartBiz Loans made applying for an SBA loan quick and easy. Their team was prompt, professional, and a pleasure to work with. I want to apply for more loans just to be able to work with them again!

Chad N

Rates are good. Service is Excellent.

Good experience with SmartBiz, rates are good, service is excellent. It is refreshing to work with experienced pros on the many moving parts of an SBA loan. This was a good move for my business.

Tim Campbell

On top of everything!

It couldn't have gone any better…stayed on top of everything and got us through the process easily. We will definitely be contacting for advice as we grow our small family business. Thank you, SmartBiz!

Rori Prushinski

Meet the 2022 SmartBiz Grant Awardees

The recipients each received a $5,000 award and were chosen from a pool of eligible minority, women, or veteran-owned U.S. businesses.

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SmartBiz Awards $25,000 in Grants to Minority-Owned Small Businesses in 2021

The Program was established to support minority, women, and veteran business owners to help equip entrepreneurs with reliable access to smart capital.

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Have 5 minutes? Apply online

See if you pre-qualify without impacting your credit score.1

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  1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan.