APRs starting at 8.99% for merchant cash advance refinancing and more.
- Best for businesses looking to refinance an expensive merchant cash advance.
- Pick something else if you don’t want to potentially work with a third-party lender.
$75,000
Min. Amount
$500,000
Max. Amount
Details
| Product Name | Noble Funding BankLite Long-Term Loans |
|---|---|
| Min. Amount | $75,000 |
| Max. Amount | $500,000 |
| Min. Credit Score | 650 |
| APR | Starting from 8.99% |
| Requirements | 650+ credit score, 18+ months in business, positive net income for at least one of past two years, no past bankruptcies, no open state or federal tax liens |
- 650 personal credit score or higher
- At least 18 months in business
- Positive net income for at least one of past two years
- No previous bankruptcies
- No open tax liens
First, do I qualify?
You and your business must meet the following criteria when applying for a Noble Funding business loan:
- 650 personal credit score or higher
- At least 18 months in business
- Positive net income for at least one of past two years
- No previous bankruptcies
- No open tax liens
What makes Noble Funding business loans unique?
Noble Funding long-term business loans are one of a handful of products that are designed with merchant cash advance refinancing in mind — though you can use the funds for any legitimate purpose. With rates starting at 8.99% APR, it offers a competitive deal for an online business lender. While it doesn’t require collateral, you can choose to back your loan for a better rate.
Pros
- Fair credit OK
- Secured and unsecured options
- No prepayment penalties
- Positive customer reviews
Cons
- No funding under $75,000
- Not always a direct lender
- Not as fast as other online lenders
