In business since 1998, LendingTree operates an online lending service connecting borrowers with their network of reputable lenders, banks, and credit partners. When applying for a business loan, lenders will compete to provide the best offer. That means businesses can shop around for ideal rates and terms.
Through LendingTree, businesses can secure a loan between $2,000 to $1,000,000. Once approved, LendingTree borrowers can receive their money as quickly as 24-48 hours. APRs vary between each applicant and typically range between 6.5% to 9%. The service offers a variety of different business loan types including small business loans, SBA loans, short and long-term loans, business line of credit, working capital loans, equipment financing, accounts receivable financing, and business credit cards.