The Small Business Administration (SBA) is recommending to clients who are running into the same situation that they consider taking their application to SBA Paycheck Protection Program (PPP) approved participant “FinTechs.” These online lenders do not require prior customer/account status and other requirements preventing access to the PPP product.
The following organizations are SBA approved PPP Lenders and are approving highly effective and efficient in originating and funding PPP opportunities. Most of these online entities are currently accepting applications.
| Funding Circle | Get fast, affordable business loans from Funding Circle, the 2019 LendIt Top Small Business Lending Platform. Business financing with rates as low as 4.99%. |
| ondeck | Your go-to for small business loans. Short term loans up to $500K and lines of credit up to $250K. A hassle-free experience tailored to small business owners. |
| Kabbage | Need a small business loan to get the working capital you need? Learn why Kabbage is the simplest and fastest way to get up to $250,000 for your business. |
| Loan Builder | Build Your Own Business Loan | Small Business Loans | LoanBuilder |
| Blue Vine | Need fast funding for your business? BlueVine offers flexible business line of credit, invoice factoring, and term loan options tailored to your needs. |
| Lendistry | Lendistry offers the SBA Payment Protection loan, Small Business Loans and Lines of Credit to help with all your business needs. |
| Lendio | Lendio is a free & simple way to see all your loan options and find the best rate. We make small business loans simple. Get funded in as little as 24 hours! |