What Credit Score Is Needed for a Business Loan?
The credit score needed for a business loan ranges from about 500 to 680+, depending on who is lending. There is no single cutoff, and that is the most useful thing to understand before you apply.
Last updated · Reviewed by Cody Dreis
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The Full Answer
Banks sit at the strict end: most want a personal FICO of 680 or higher. SBA 7(a) lenders typically look for 680+, though some approve strong files down to 640–650, and SBA Express programs often work at 650+. Online term loan lenders commonly approve from 600, and revenue-based products like merchant cash advances underwrite on your deposits rather than your score, funding owners in the 500s.
Two things matter as much as the number itself. First, lenders pull your personal score even for business loans, because nearly all small business lending carries a personal guarantee. Second, strong monthly revenue can offset a weak score. A 580 with $60K in consistent monthly deposits often gets funded when a 700 with thin revenue does not.
How Quordx Helps
Instead of guessing which lender fits your score, let the matching do the work. Quordx reads your full profile, credit, revenue, and time in business, and routes it to the 3–7 lenders in its 50+ network most likely to approve you. It is free to borrowers, always.
Find the lenders that fit your credit profile: apply free in about 10 minutes.
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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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