Starting a business is exciting—but finding funding when you’re just getting started can feel impossible, especially if your revenue is still low (or non-existent). The good news? There are options out there specifically designed for startups that don’t have a long track record or major sales yet.

In this post, we’re breaking down 7 business loan options that are accessible for early-stage entrepreneurs who need capital to launch, grow, or stabilize their business.

1. Business Credit Cards

Business credit cards are often the easiest form of funding to qualify for—especially if your personal credit is strong. While not technically a “loan,” they provide immediate purchasing power and can be a bridge while you build up business credit or revenue.

Why it works for startups:

• Approvals are based primarily on personal credit

• Can be used for everyday business expenses

• Many offer 0% intro APR for 6–18 months
  

2. Personal Loans Used for Business

If your business doesn’t yet qualify for funding, you may be able to use a personal loan to fund your operations. Many lenders will allow you to use personal loan proceeds for business purposes.

Why it works for startups:

• Based on your personal credit and income

• Often faster to obtain than business loans

• Useful for service businesses or consultants
  

3. Business Lines of Credit (Secured or Unsecured)

A line of credit gives you flexible access to capital—you only pay interest on what you draw. Some lenders offer unsecured lines of credit that are perfect for startups, especially if you can show potential growth or contracts in place.

Why it works for startups:

• Great for managing cash flow

• Revolving access to funds

• Doesn’t require consistent high revenue to get started
  

4. Equipment Financing

Need to buy tools, vehicles, or machines to get started? Equipment financing allows you to borrow against the equipment itself—so your business revenue or credit score matters less.

Why it works for startups:

• The equipment secures the loan

• Easier approval process for asset-heavy businesses

• Often available even with fair credit
  

5. Invoice Financing (for B2B Startups)

If you’re a B2B startup that’s waiting on invoices to be paid, invoice financing lets you borrow against your outstanding invoices. It helps cover operational costs while you wait for payment.

Why it works for startups:

• Based on invoice value, not business age

• Ideal for contractors or agencies

• Fast funding based on receivables
  

6. SBA Microloans

The Small Business Administration (SBA) offers microloans up to $50,000, ideal for startups and underserved communities. These loans are provided through nonprofit intermediaries and often come with coaching or mentorship.

Why it works for startups:

• Designed for early-stage businesses

• Low-interest, longer terms

• Helps build financial credibility
  

7. Friends & Family Funding (Structured Like a Loan)

This one’s less traditional—but still incredibly common. If you’re raising startup capital from friends or family, consider structuring it as a loan with clear terms and a repayment plan. This adds professionalism and avoids misunderstandings.

Why it works for startups:

• Based on trust and relationship

• Flexible repayment terms

• Can open doors when traditional lenders say no

Bonus Tip: Prepare Before You Apply

Before you pursue any of these funding options, make sure you:

• Have a business plan and use of funds ready

• Know your personal and business credit scores

• Have basic financials or projections to show
  

Need Help Finding the Right Loan?

There’s no one-size-fits-all loan—especially when you’re just starting out. If you’re unsure where to begin or want to explore pre-qualified funding options, we can help.

👉 Schedule your free consultation today and see what funding your business may already qualify for.