Comparing 4 offers. Updated June 2, 2026.
LightStream is the online lending division of Truist Bank offering unsecured personal loans up to $100,000 with some of the lowest APRs in the US market.
LendingClub is one of America's largest personal lenders, offering loans up to $40,000 with joint application options and direct creditor payments.
Bluevine provides fast business lines of credit up to $250,000 with same-day approval, focused on small businesses with 2+ years in operation.
OnDeck is a leading US small business lender offering term loans and lines of credit with weekly payments and same-day funding.
Business loans in the US fund working capital, equipment, expansion, payroll, and inventory for small and medium businesses. Common types are SBA loans, term loans, business lines of credit, equipment financing, and merchant cash advances.
SBA loans are partially guaranteed by the US Small Business Administration. The 7(a) program is the most popular, offering up to $5 million with terms up to 25 years. SBA microloans go up to $50,000. APRs range from prime plus 2.25 to 4.75 percent.
Established options include Bluevine for fast business lines of credit, OnDeck for term loans and revenue-based products, LendingClub Bank for SBA and standard term loans, and Fundbox, Funding Circle, and Lendio as marketplaces. Major banks (Wells Fargo, Chase, Bank of America) lend to established borrowers with strong revenue.
Most online business lenders require 6 to 12 months in business, $100,000 plus in annual revenue, a personal FICO of 600 or higher, and a US business bank account. Banks and SBA lenders ask for more documentation and higher scores.
SBA 7(a) loans are partially guaranteed by the US government and offer larger amounts (up to $5 million), longer terms (up to 25 years), and lower APRs (prime plus 2.25 to 4.75 percent). They take 30 to 90 days to fund. Online term loans from Bluevine or OnDeck fund in 1 to 3 days at higher APRs.
Most online lenders require at least 6 to 12 months in business and $100,000 in annual revenue. SBA microloans (up to $50,000) are more flexible for startups. Personal credit and collateral can substitute for business history at credit unions.
A line of credit (Bluevine, Fundbox) suits ongoing working capital needs. You draw, repay, and redraw within the credit limit. A term loan suits one-time large purchases like equipment or expansion where you know the exact amount and want a fixed payment schedule.
Almost always for small business loans under $250,000. The personal guarantee makes you personally liable if the business cannot repay. Some SBA loans waive personal guarantees, but most online lenders require one regardless of business structure.