LLC loans: how do they work?
LLC loans work like standard business loans: your LLC is the borrower, the debt sits on the business, and lenders qualify you on the LLC's revenue, time in business, and, in most cases, your personal credit as the owner. There's no special "LLC loan" product; an LLC can access the full menu, from term loans to SBA financing. The common misconception worth clearing early: forming an LLC does not, by itself, separate your personal credit from business borrowing. Most lenders still require a personal guarantee. Quordx Capital matches LLCs to the lenders most likely to approve their specific profile, from a network of 50+.
This guide is part of our full library on Business Loans. Start there for the complete lineup, then come back for the deep dive on your situation.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
How Lenders Underwrite an LLC
When your LLC applies, lenders evaluate two intertwined profiles:
The business: Monthly revenue (alternative lenders typically want ~$10K+), time in business (3-6 months minimum for revenue-based products; 2+ years strengthens bank and SBA applications), bank statement health, and industry.
You: Most small-business lenders check the owner's personal credit and require a personal guarantee, a promise that you'll repay if the LLC can't. SBA lenders generally look for scores of 650+; some revenue-based lenders approve from around 500-550. The LLC's liability shield protects you from many business risks, but a signed guarantee is a contractual exception to it.
Paperwork is standard: your LLC's articles of organization and operating agreement, EIN, 3-6 months of business bank statements, the most recent business tax return, your ID, and a voided business check. Keeping LLC finances in a dedicated business account isn't just good hygiene: it's what lenders underwrite from.
What Your LLC Can Qualify For
Business term loan ($10K-$500K+): Best for defined investments with fixed payments over 1-5 years.
Business line of credit ($10K-$250K+): Best for cash-flow management; interest only on what you draw.
SBA 7(a) (up to $5M): Best low-cost growth capital for established LLCs: current variable rates run roughly 10.5%-14%.
Equipment financing ($5K-$5M+): Best for vehicles and machinery; the asset is the collateral, which eases approval for younger LLCs.
How Quordx Capital Works
Your LLC applies once, about 5 minutes, and uploads its documents to a secure, SOC 2 compliant platform. Quordx Capital's matching process weighs the business and owner profile together, then surfaces 3-7 lenders from the 50+ lender network ranked by approval probability. Lender decisions typically return in 24-48 hours, and funded deals usually wire in 3-7 business days.
What to Expect
Expect your personal credit to matter even though the LLC is the borrower: that's the norm, not a red flag. Expect transparency on every term, including exactly what any personal guarantee covers. And expect zero cost for the matching itself: no fees, no obligation, and no penalty for simply finding out where your LLC stands.
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No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
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Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
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