Triumph Business Loans Review
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How much do you need for your business?$60,000
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Minimum credit score Typically - for unsecured lending products
- Not disclosed for other products
Loan products offered - Invoice factoring
- Equipment financing
- Asset-based lending
- Lines of credit
- Term loans
- Equipment financing
- Equipment leasing
- Secured and unsecured term loans
- Secured and unsecured lines of credit
- Cash-secured lines of credit
- Business auto loans
- Equipment financing
- Commercial real estate loans
- SBA loans
Time to funding As soon as same day As quick as 24 hours Not disclosed
Starting rate Not disclosed Not disclosed - Unsecured term loans:
- Secured term loans and equipment financing:
- Unsecured lines of credit:
- Secured lines of credit:
- Business auto loans: APR
APR includes the cost of the interest rate and any other standard fees
- Commercial real estate loans:
- SBA loans: Rates vary, subject to SBA maximums
Maximum loan size Not disclosed Not disclosed
Minimum annual revenue - for equipment financing
- Not disclosed for other financing products
- Cash-secured lines of credit:
- Unsecured products:
- All other conventional loan products:
vs.
If you’re a trucker who needs to purchase or lease equipment, may be a better fit. It doesn’t offer invoice factoring, but it does offer loans and leases, and it offers loans at lower amounts. While , , making it a better fit for individual truckers.
vs.
is a traditional bank that works with business owners in many different industries, not just transportation. It also offers a wide range of small business financing products, including some options that aren’t offered by , such as SBA loans and commercial real estate loans. However, if you need invoice factoring, that’s missing from the bank’s list.
Still, does disclose some of its qualifying requirements, which may make it easier to tell if you’re a good fit for one of the funding options that the bank offers.
| Minimum credit score | Typically |
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| Loan products offered |
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| Time to funding | As soon as same day | As quick as 24 hours | Not disclosed |
| Starting rate | Not disclosed | Not disclosed |
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| Maximum loan size | Not disclosed | Not disclosed | |
| Minimum annual revenue |
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