Honest comparison of features, costs, and best use cases. Updated 2026.
| Factor | SBA Loan | Online Business Loan |
|---|---|---|
| Approval Time | 60-120 days | 24-72 hours |
| Min Credit | 680+ FICO | 500+ FICO |
| Time in Business | 2+ years | 6 months |
| Documents | Tax returns, P&L, plan, projections | Bank statements, ID |
| Rates (APR) | 7-12% | 8-30% |
| Loan Amounts | Up to $5M | Up to $5M |
| Best For | Established profitable businesses | Fast funding, lower credit |
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