Eligibility Check

Am I Eligible for a Business Loan?

Most businesses qualify for some type of funding. Find out in 5 minutes — without a hard credit pull or speaking to a salesperson.

Check My Eligibility — Free →

Takes 5 minutes  ·  No hard credit pull  ·  No obligation

Business owner checking loan eligibility
500+
Minimum credit score

Basic Requirements

Do I Qualify?

Requirements vary by loan type and lender. These are common thresholds across our marketplace of 75+ lenders.

RequirementMinimumPreferredBest Rates
Time in Business3 months1+ year2+ years
Monthly Revenue$8,000/mo$15,000/mo$25,000+/mo
Personal Credit Score500+600+680+
Business Bank AccountRequired
US-Based BusinessRequired
✓ Soft Credit Pull Only — Checking your eligibility through 1 Hour Lending does NOT affect your credit score. A hard pull only happens when you accept a specific loan offer from a chosen lender.

What If My Credit Score Is Low?

Score 500–579

Merchant Cash Advances, Invoice Financing, and equipment loans available. Higher rates apply.

Score 580–659

Most short-term products available. Competitive rates from alternative lenders who look at cash flow over credit.

Score 660+

Full marketplace access — SBA loans, term loans, lines of credit at best available rates.

Documents You’ll Need

Basic Application

  • EIN or SSN
  • Business legal name
  • Estimated monthly revenue
  • Years in business

For Most Loans

  • 3 months bank statements
  • Business bank account info
  • Government-issued ID

For SBA / Term Loans

  • 2 years tax returns
  • Profit & Loss statement
  • Business plan (SBA only)

What Business Owners Say

Real Businesses. Real Funding.

★★★★★

"I applied at 9am. By noon I had three offers in my inbox. By 2pm the money was in my account. I didn't believe it was real until I saw the deposit."

Marcus T.
Marcus T.
Owner, MT Auto Repair — Dallas, TX
★★★★★

"After three banks turned me down, I figured I was out of options. 1 Hour Lending matched me with a lender who actually understood my industry. Got $85K in equipment financing with no collateral."

Sandra K.
Sandra K.
Owner, Fresh Table Catering — Atlanta, GA
★★★★★

"My credit score was 562. I thought that was a deal-breaker. The marketplace found me a lender who looked at my revenue instead. $40K working capital in 24 hours."

James L.
James L.
Owner, Premier Landscaping — Phoenix, AZ

Ready to See What You Qualify For?

One 5-minute application. 75+ lenders competing for your business. No hard credit pull. Most businesses get matched same day.

No hard credit pull  ·  Free to use  ·  Funding from $5K to $5M