How Does LendingTree Get Paid?

Headway Capital Business Loans Review

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  • Starting interest rate: ’s fast funding and flexible eligibility may suit newer businesses. However, it’s not available in all states, and some businesses will qualify for lower-cost financing from other lenders.


Pros and cons of

Pros

  • No annual or monthly service fee
  • No prepayment penalties
  • Can receive funds the next business day

Cons

  • Not available to businesses in certain states
  • Only one product offered
  • Limited transparency on credit score and documentation requirements

small business loans review

Who is does not offer its product everywhere.

small business financing at a glance

ProductLoan amountsRepayment termEstimated interestFees
Business line of credit monthsMinimum monthly interest
  • 2% draw fee
  • Late fee

Line of credit

borrower requirements

Minimum annual revenue
Minimum time in business to 1 year
Minimum credit score

Getting a business loan with

Alternatives to

may not be the best fit for:

  • Business that need more than in funding
  • Borrowers seeking low-cost financing
  • Companies in states doesn’t serve

If you’re looking for more financing options, you can consider the following lenders. 

How Does LendingTree Get Paid?
Minimum credit score
Loan products offeredBusiness line of credit
  • Business line of credit
  • Term loan
  • Business line of credit
  • Term loan
  • SBA loan
Time to fundingNext business dayWithin two business days
  • As soon as the next business day
  • Within hours for an additional $15 fee
Starting interest rate monthly for months
Maximum loan size
Minimum annual revenue

vs.

Both and offer a business line of credit that can be received quickly; the next business day upon approval for or within two business days for . Newer businesses can qualify for startup business loans from , since the lender only requires of business history. However, eligibility for is determined by more than just a credit score, while has a minimum credit score requirement, so Headway may be the better option for businesses with credit issues.

vs.

offers a higher maximum loan size than , making it ideal for small businesses in need of more funds. However, requires a business to have a minimum annual revenue of , which can be difficult for some companies. But if you need money fast, can get it to you within a few hours of approval for an additional wire fee.

Compare business loan offers