Grow your
business -
in 24 hours
- Apply in 3 minutes
- no FICO
- from 1% per month
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Our rates
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With no collateral required, no restrictions on the use of funds and a lightning-fast turnaround, unsecured short term loans are among our most flexible and popular products.Short Term Loan
- $1K - $100K
- Term 3-12 months
- Get loan in 24 hours
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Get instant access to revolving credit with unlimited terms, and the best rates for your business.Line of credit
- $10K - $750K
- Draw funds anytime
- Soft credit pull that doesn't affect your credit score
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A merchant cash advance is our easiest product to get approved for and can be very useful when funds are needed very quickly.Merchant Cash Advance
- $1K - $50K
- Term 3-12 months
- Automatic daily or weekly, or semi-monthly payments
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It can be used for a wide range of business purposes and because the SBA guarantees a large portion of the loan, interest rates are lower than other loan types.SBA Loan
- Loans up to $5,000,000
- Funding within 90 Days
- Term lengths up to 10 years
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No repayments are made with this type of financing. When the invoice is paid, the lender releases the balance minus their fee.Invoice factoring
- Flexible - no collateral required
- $5K - $750K
- Term 3-18 months
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Similar to traditional automobile financing; at the end of a loan, you own the equipment outright and at the end of a lease, the equipment normally must be returned.Personal Loan
- $5K - $50K
- Term 3-12 months
- Funding in 24 hours
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customers success stories
How it works?
Receive money today - fill out an application within
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1. APPLYFILL THE APPLICATIONIt takes only 3 minutes
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2. SECURITY 100%CONNECT YOUR BANK ACCOUNTor attach business statements for the last 6 months
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3. GET LOANGET MONEY IN 24 HOURSThe fastest and easies way to funding your business
What do we require?
- 6 months in business minimum
- $50K annual revenue minimum
- A business bank account
- A US based business
FAQ
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What is Loan23 ?Loan23 is a dedicated financial service provider that aims to empower all small business owners by assisting them with their financing needs. We understand the unique challenges faced by small businesses, and we are committed to offering tailored lending solutions to support their growth and stability.
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What is the minimum annual revenue requirement to apply for a loan?The minimum annual revenue required for a business to apply for a loan from Loan23 is $50,000. This requirement helps ensure that your business has the financial stability necessary to repay the loan.
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Can businesses outside the US apply for a loan from Loan23?No, only businesses based in the United States are eligible to apply for a loan from Loan23. We currently do not offer services to businesses located outside the US.
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What is the minimum period a business should be operational to apply for a loan from Loan23?Your business needs to be operational for a minimum period of six months to qualify for a loan from Loan23. This requirement helps us verify that your business has a track record and is not a startup without any operating history.
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How long does it take for Loan23 to review my application and approve a loan?The process from application review to loan approval typically takes 24 hours. Once you submit all required documents and information, our team will review the application and you should receive a decision within this time frame.