Business Loan for New Business
Getting a business loan for a new business is one of the most frustrating funding searches an entrepreneur can run: almost every traditional product requires two years of operating history, which is exactly what a new business does not have. Through Quordx Capital's network of 50+ lenders, newer businesses have access to startup funding programs and revenue-based advances that approve based on current monthly deposits rather than years in operation. Most decisions come back the same day.
Part of our guide to Business Loans.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
Common Reasons Operators Apply
New business owners commonly use Quordx-matched funding for situations like these:
- Initial inventory, equipment, and operating capital
- Bridging the gap to consistent revenue
- Equipment financing for new businesses with limited history
- Build-out, lease, and licensing costs
Business Funding Options for Business Owners Who've Already Been Told No
If you've been through the process, bank application, SBA inquiry, direct lender, maybe more than once, and kept hearing no, the issue likely isn't your business. It's the underwriting criteria you keep running into.
Banks and traditional lenders apply a narrow set of qualifications. Business owners who fall outside those qualifications, for credit, time in business, collateral, or any other reason, get declined regardless of whether their business is actually viable.
Quordx works with a network of lenders who apply different criteria entirely.
How Lenders in the Quordx Network Evaluate Business Funding Applications
Monthly revenue is the primary factor for most lenders we work with. Not your credit score. Not whether you've been declined before. Not what assets you can put up as collateral.
If your business is generating consistent monthly deposits, you have a viable application through Quordx, even if you've been turned down before, even if your credit score is low, even if you're a newer business. A prior denial from a bank carries no weight with our lender network.
We work with businesses across every industry and every stage. Merchant cash advances, working capital loans, revenue-based financing, equipment financing, business lines of credit, no equity on any of them.
And more. If you're not sure which funding type fits your situation, Quordx's matching process determines the right option based on your goals, timeline, and specific situation, then connects you with the lenders best equipped to help.
Through Quordx, one application gets you matched with lenders whose criteria fit your business. Where one passes, another may fund.
Estimate your funding
Answer a few questions about your business to see a likely range.
What Applying Through Quordx Actually Looks Like
About 10 minutes. Recent bank statements and essential business documents are uploaded inside your secure portal. We submit, evaluate, and bring you the best offer available. Complete applications before 3pm EST receive same-day decisions. Funds in your account within 24-48 hours.
TRY QUORDX, NO OBLIGATION
No cost to apply. No obligation to accept. Initial inquiry does not impact credit.
Questions Business Owners Ask Before Applying
Is Quordx a lender?
No. We're a business funding broker. We submit your application to a network of lenders, each with different criteria, and bring you the best offer. A lender who passes on your application isn't the only one in the room.
Will my previous bank denials affect my application?
No. Our lender network evaluates applications independently. Prior denials from banks or other lenders have no bearing on what our network will offer.
What if my credit score is very low?
Several lenders in our network prioritize monthly revenue over credit score. Low credit narrows your options, it doesn't eliminate them. Apply and we'll show you exactly what's available.
Is there any risk to applying?
No cost. No obligation to accept any offer presented. Initial inquiry does not impact credit. The only risk is not knowing what's available.
Apply for Funding
No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
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Quordx Capital is a business funding broker, not a lender. Lenders make every credit decision and set the rate, fees and terms, and not every business qualifies. Quordx may be paid by a lender when a deal funds. Full disclosures