Small Business Loans Just Starting Out
Looking for small business loans when you're just starting out means working around the one thing you don't have yet: a financial track record. Most traditional lenders want 2+ years in business, but that doesn't shut every door, newer businesses can lean on personal credit, early revenue, or asset-based financing instead. Quordx Capital is honest about what's reachable this early and matches your profile to lenders in our 50+ network who actually fund businesses in their first months. Free to apply, decisions in 24-48 hours.
Part of our guide to Business Loans.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
How Lenders Evaluate a Brand-New Business
Without years of statements, lenders weigh other signals: your personal credit score, any revenue you've already generated, collateral, and a credible plan. A 680+ personal score and a few months of deposits open more doors than owners often assume.
Asset-based options dodge the history problem entirely, the equipment or invoice secures the financing, so the lender's risk drops. Some lenders will fund at $10K/month in revenue, which is reachable early, while others want $50K+ before they'll commit.
Which Funding Options Fit a New Business?
Equipment Financing: Secured by the asset, easing the history bar, with rates near ~7-20%. Best for buying machinery, vehicles, or gear early.
Business Line of Credit: Smaller revolving access for qualifying newer files, drawn as needed. Best for managing early cash swings without a fixed loan.
Business Credit Cards: Accessible early and builds credit history. Best for covering startup expenses as revenue grows.
Estimate your funding
Answer a few questions about your business to see a likely range.
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