$500,000 Business Loan — Fast Approval, Multiple Options

Short answer: Yes. Revenue-based funding qualifies businesses with credit scores as low as 500.

Need $500,000 for your business? Here are your options, ranked from cheapest to fastest.

Best $500,000 Loan Options by Situation

If You Qualify for SBA Express — Cheapest Option

Best for: 2+ years in business, 680+ credit, $200K+ annual revenue.

• Amount: $500,000
• Rate: 10.5%–14.5% APR
• Term: Up to 10 years
• Decision: 36 hours
• Funding: 5–10 business days

Apply for SBA Express →

If You Need It Fast — Working Capital or Line of Credit

Best for: Any business needing cash in 24–48 hours.

• Rate: 8%–30% APR
• Term: 3–18 months (loan) or revolving (LOC)
• Decision: Same day
• Funding: 24–48 hours

Apply for Working Capital →

If Your Credit Is Under 600 — Revenue-Based Funding

Best for: Established businesses with 500+ credit but consistent revenue.

• Cost: Factor 1.1–1.4
• Term: 3–18 months
• Decision: Same day
• Funding: Same day

Requirements for a $500,000 Business Loan

Most lenders need:
– 6+ months in business (fintech) or 2+ years (SBA)
– $10,000+ monthly revenue
– 550+ credit (fintech) or 680+ (SBA)
– Business bank account
– Last 3 months of bank statements
– Driver’s license and EIN

How to Apply

1. Apply online — 5 minutes, soft credit pull
2. Get matched — See offers from multiple lenders
3. Choose your option — Compare terms side-by-side
4. Get funded — 24–48 hours for most products