Pick from a variety of loan options — but be prepared to reach out for more details.

finder.com’s rating: 4.3 / 5.0


  • Best for business owners who want help navigating the borrowing process.
  • Pick something else if you need money fast — it can take up to two weeks to fund your loan.


    Min. Amount


    Max. Amount


    • Four months of bank statements
    • Credit card processing statements
    • Business tax returns
    • Profit and loss statements
    • Business balance sheets


    Product Name First Union Lending business loans
    Min. Amount $5,000
    Max. Amount $5,000,000
    Loan Term 3 to 7 years
    Min. Credit Score 450
    APR Starting from 6.75%
    Requirements 450+ credit score, 1+ year in business, $25,000+ monthly revenue, no open bankruptcies
    Phone number 863-825-5626
    Twitter @firstunionlend
    Facebook @firstunion

    How much will this loan cost me?

    First Union Lending’s term loans last between three to seven years. Loan amounts run from $5,000 to $5,000,000 — but your business will likely only qualify for a loan up to eight times its monthly revenue. Rates start at 6.75%, and First Union Lending doesn’t list the types of fees it charges.

    You can use the calculator below to estimate your monthly payments and ensure a loan from First Union Lending fits your business’s budget.

    Monthly repayments calculator

    Calculate how much you could expect to pay each month

    Your loan
    Loan amount
    Loan terms (in years)
    Interest rate

    Fill out the form and click on “Calculate” to see your estimated monthly payment.


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    How it works

    Your loan terms will be based on your business’s financial situation and your personal credit score. If you only just meet First Union Lending’s minimum requirements, you’re unlikely to qualify for its low starting rates — and may not qualify for a long-term loan at all. If you have a higher credit score, decent revenue and an established business, you may be able to score a larger loan at a competitive rate.

    What do I need to qualify?

    You must meet the following requirements at a minimum to qualify for a business loan from First Union Lending:

    • At least a 450 personal credit score
    • In business for at least three months
    • At least $15,000 monthly revenue
    • No open bankruptcies

    What information do I need to apply?

    To complete First Union Lending’s online application, you will need to submit the following information:

    • Last month’s revenue
    • Annual revenue
    • EIN or tax ID number
    • Social Security number
    • Date of birth

    You may also need to submit the last six months of your business bank states and credit card processing statements, if applicable.

    What industries does First Union Lending work with?

    First Union Lending bills itself as an alternative lender, but it isn’t clear which industries it works with. If your business is involved in a nontraditional field, like cannabis or adult entertainment, reach out to a representative to see if First Union Lending can provide financing.

    What other types of financing does First Union Lending offer?

    Beyond term loans, First Union Lending offers seven other options — but rates and terms will depend on your business’s financial situation.

    • SBA Express loans
    • Short-term loans
    • Commercial real estate loans
    • Lines of credit
    • Business debt consolidation loans
    • Bridge loans
    • Equipment financing
    • Invoice factoring


    • Borrow up to eight times your monthly revenue
    • All credit types OK
    • Works with new businesses and startups


    • Limited information available online
    • Potentially long turnaround of three days to two weeks
    • May act as a connection service, not a direct lender

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