What Are the Standard Requirements for Business Loans?
A lender’s requirements for business loans help them decide if you should be approved or not. Here are five requirements to be prepared for.
The Fastest and Easiest Way to Fund your Business
Unlock up to $2M in funding at competitive rates customized for your business growth
Or give us a call at (737) 256 7458
See how other business owners feel about working with us.
Featured In
Our Products
B2B Buy Now, Pay Later
Cover your invoice upfront and spread your costs over installments allowing you to use working capital on growing your business.
- Take control of your cash flow
- Spend up to $1.5M
- Never fall behind with automatic weekly payments
Business Line of Credit
Get instant access to revolving credit with unlimited terms, and the best rates for your business.
- Draw funds anytime
- $10K - $750K
- Unlimited terms, incredible rates
- Soft credit pull that doesn't affect your credit score
Working Capital Advance
Easy payment structures offer amounts with fast turnaround, Simple and easy process to access working capital.
- Flexible - no collateral required
- $10K - $2M
- Terms up to 16 months
- Automatic daily or weekly, or semi-monthly payments
Backd utilizes a soft credit pull so your credit score is never affected when applying for the funding you need. Funds offered start from $10K.
How We Help Your Business
You're the Boss
As a business owner, you know your business best. When working with our dedicated team, we'll help create a solution that is best suited to your needs.
Your Terms
We can help tailor your funding to fit your business, adjusting payment options for daily, weekly, or semi-monthly payments.
Easy Application
Our application is fast and easy. It takes just a few minutes to get the process started; your pre-approval is just minutes away!
Backd in 3 Easy Steps
Apply Online
Secure financing for your business by completing our online application.
Receive Decision
Receive pre-approval immediately once your business financials are submitted electronically.
Get Backd!
Once approved, you'll receive the funding in less than 24 hours!
Our Track Record
We work hard to empower and support small businesses - the backbone of the economy - that‘s why we believe in reinvesting our success, to help fuel yours.
$1B+
of financial backing
approved to small businesses
10,000+
businesses have worked with Backd to obtain the funding they need
Apply in 3 minutes or less…
With no impact to your credit score!
We want to make business funding as easy as possible. Our fast, online application process, same day decisions, competitive rates, and flexible terms make it happen.
What do we require?
- 1 year in business minimum
- $100K annual revenue minimum
- A business bank account
- A U.S. based business
Partner with Backd
We have income opportunities for brokers, affiliate partners, and client-facing institutions to help their clients source the funding they need.
Backd has multiple financial solutions to help businesses and partners grow.
Get in Touch
Resources from our Blog
Where to Apply for Business Loans in Arizona
If your business is located in the Grand Canyon State and you need funding, read on to learn about the available business loans in Arizona.
Is Embedded Finance The Secret To Growing Your Business?
Explore how embedded finance fuels business growth and innovation. Gain insights in our informative blog on the secrets to success as well as how Backd can help!
Funding Glossary: Common Fees Associated With Business Financing
Demystify business financing fees: Explore common costs and charges in our funding glossary for informed financial decisions. Get the insights you need!
Business Lines of Credit: A Comprehensive Guide
Unlock Growth Potential with Business Lines of Credit! Explore Benefits, Cautionary Tips, and Smart Financing Strategies in Backd's Comprehensive Guide!
A Comprehensive Guide on Long-Term Business Loans
Long-term business loans give you the ability to make larger purchases and spread out the cost over multiple years. Learn more about how these loans work.
What Is B2B BNPL for Small Businesses, and What Are Its Benefits?
You might be familiar with it in the B2C space, but how does B2B BNPL for small businesses work? Learn the answer and the advantages of this payment option.
How Do Business Loans Work? Your 5-Step Guide to Funding
How do business loans work? Find out by reviewing the five main steps of the loan process from choosing the right funding option to paying back the loan.
Types of Short-Term Business Loans and How They Work
Do you need business funding quickly to bridge a gap or cover unexpected costs? Discover how a short-term business loan could be the solution for you.
What Are the Standard Requirements for Business Loans?
A lender’s requirements for business loans help them decide if you should be approved or not. Here are five requirements to be prepared for.
Where to Apply for Business Loans in Arizona
If your business is located in the Grand Canyon State and you need funding, read on to learn about the available business loans in Arizona.
