Term Loan
One lump sum, a fixed rate, and a repayment schedule you can plan against.
- Amount
- $20,000 – $1,000,000
- Term
- 12 – 36 months
- Cost
- From 5.5%
- Funded in
- 1 – 2 days
A marketplace of 80+ lenders
Read the offerbefore you take it.
Republic Business Loans does not issue credit. It is a financing marketplace: it takes one application, puts it in front of 80+ lending partners, and reads back what they offer. The lender decides; Republic's job is that you understand what has been decided.
- One application, 80+ lenders
- A soft inquiry only
- Nothing payable to Republic
- No obligation to accept
Start the application (844) 528-8696
About fifteen minutes, and a funding expert reads every offer with you.
Six things on every offerAnd which of them move
80+lenders the application reaches
10,000+businesses funded through the network
$1.5B+delivered through the network
93%of Republic's applications reach an offer
The anatomy of an offer
Before you see an offer, this is what one says.
Republic does not lend. It puts one application in front of 80+ lenders and brings back what they will actually do, which arrives as a set of offers rather than as a number. Six things are stated on every one. Knowing which of them move — and which do not — is most of what a funding expert is for.
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The amount
What the lender will advance. It is set by revenue and time trading more than by what you asked for, and it is the figure most likely to come back lower than the range on a programme page.
Moves with the lender
-
The cost
A rate on five of the six programmes and a factor on the cash advance. These are not the same thing and cannot be compared: a rate falls as the balance falls, a factor does not.
Moves with your file
-
The term
How long you have to repay. A longer term lowers the payment and raises the total cost; a shorter one does the reverse. This is the trade-off most owners have not been shown.
Often negotiable
-
The repayment
Monthly, weekly, or daily by ACH. Daily repayment on a business with lumpy takings is the single most common reason a funded business struggles, and it is a structure question rather than a price one.
Often negotiable
-
What secures it
Five of the six are unsecured. Equipment financing is normally secured on the equipment it buys. A personal guarantee is a separate question and is the lender's to require — no broker can promise it away.
Set by the programme
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What it costs to get
Nothing. There is no application fee, no processing fee and nothing payable to Republic at any stage. Applying is a soft credit inquiry and leaves no mark; a hard inquiry only follows if you take an offer forward.
Fixed at zero
An offer is not a quote until a lender has read the application. Everything on this site is the range a programme is written across, which is the most any marketplace can tell you before it has asked.
The six programmes
Five priced as a rate, one as a factor.
Figures as this site publishes them, and “not published” where it publishes none. Five are priced as a rate and the cash advance as a factor; the note beside the table says why that matters.
Business Line of Credit
A facility you draw on when you want it and pay for only when you use it.
- Amount
- Up to $1,000,000
- Term
- 6 months – 3 years
- Cost
- From 4.5%
- Funded in
- 1 – 2 days
Short-Term Business Loan
A term loan on a short runway, for something that will pay itself back quickly.
- Amount
- $10,000 – $1,000,000
- Term
- Up to 24 months
- Cost
- From 6%
- Funded in
- 1 – 2 days
Working Capital
Funding for payroll, rent, stock and the weeks that do not line up.
- Amount
- Up to $1,000,000
- Term
- Not published
- Cost
- From 4.5%
- Funded in
- 1 – 2 days
Equipment Financing
The longest term here, and the only programme secured on what it buys.
- Amount
- Up to $250,000
- Term
- 1 – 5 years
- Cost
- From 8%
- Funded in
- Not published
Business Cash Advance
A sum against future sales, repaid as a share of them.
- Amount
- $5,000 – $500,000
- Term
- Not published
- Cost
- 10% – 35% factor
- Funded in
- 24 – 48 hours
The cash advance is priced as a factor and the other five as a rate, and the two do not compare. A factor of 1.2 on $100,000 is $120,000 to repay whether it clears in six months or eighteen — settling it early does not make it cheaper. Interest falls when the balance does. Any comparison that puts a factor beside a rate is comparing two different things.
Three steps, and what each one costs you
Apply, compare, fund.
Three steps. The only one that can touch your credit score is the last, and only if you take an offer forward.
Step 01
Apply
About fifteen minutes online, at any hour. Questions about the business, its revenue, how long it has traded and what the money is for; recent bank statements or a P&L may be asked for. It is a soft credit inquiry and leaves no mark on the owner's score. Nothing is payable and nothing is committed.
Step 02
Compare
The application goes to 80+ lenders and a funding expert goes through what comes back with you — what each offer costs, what it asks for, and where the trade-offs are. There is no obligation to accept any of them, and an offer you decline costs nothing.
Step 03
Fund
Once an offer is accepted the money goes to the business account, usually within 24 to 48 hours of approval. A hard credit inquiry may be run by the lender at this stage; that is the first point at which anything touches the owner's score.
Straight answers
What owners ask before they apply
Will applying hurt my credit?
No. The application is a soft credit inquiry used to pre-qualify and it does not affect the score. A hard inquiry only happens later, if you choose to take a particular lender's formal offer forward.
How much can I qualify for?
The six programmes span $5,000 to $1,000,000. Where a business lands inside that depends on its revenue, how long it has traded and its credit profile — which is why the honest answer before an application is a range rather than a figure.
How long does funding take?
Most approved applicants have the money within 24 to 48 hours of accepting an offer. The cash advance is usually the fastest; equipment financing, which has an asset to value, is usually the slowest.
Is anything secured?
Five of the six are unsecured. Equipment financing is normally secured on the equipment it buys. A personal guarantee is a separate question and is the lender's to require — no marketplace can promise one away.
Do I have to accept an offer?
Never. Applying is free and non-binding. Read the offers, ask as many questions as you want, and take one forward only if the terms make sense for the business.
Can I qualify with lower credit?
Often, yes. Stronger credit opens more options and better rates, but the network includes lenders serving a wide range of profiles, and the cash advance in particular is approved on revenue rather than on the credit file.
The application
One application. 80+ lenders. Fifteen minutes.
About fifteen minutes. One application reaches 80+ lenders, costs nothing, commits nothing, and leaves no mark on the owner's credit score.
Rather talk to somebody first? (844) 528-8696, Mon–Fri, 8am – 8pm.