Top business loans compared

About Top business loans compared

This ranking covers business loans from 404 brands, and the trade-off at the top is a simple one: quick access and light paperwork on one side, predictable cost on the other. The middle of the table is where the numbers diverge most. Typical amounts here sit around €1,315.44 with a median term of 42, while the middle APR of 11.7% hides a spread from 5.99% to 18.5% and beyond. Most brands here run a hard credit check (67.4%), keep the rate fixed (80.7%) and let you repay early at no charge (78.5%). What separates them is size, speed and who ends up holding the money: a lender, a broker or a marketplace. Brokers and marketplaces decide faster and ask for less, while a lender usually prices more clearly. Read the fees, then check the account type each one attaches to.

How we picked

Scores come from published terms, product pages and company registry records, and every brand is judged on weighted grounds in fixed proportions: cost at 35%, offer at 25% and trust at 40%. Cost covers the arrangement fee, the interest rate and the term, so a brand that buries its fee in the amount disbursed does not score well for looking cheap. Offer covers the size of the facility, the types of loan, whether a credit line is available, how fast an answer and money arrive, and how easy the account is to run. Trust covers the credit check, the support channels, the early repayment terms and the legal entity behind the brand. Partners are listed first, in the order set for this page, and every other brand follows by score. Where a brand publishes a worked example, that example is read against its own fee and rate rather than taken at face value, and market context comes from the distributions for this category rather than a single average.

Our top picks

1. 1. Sofkredit

   Sofkredit is in this ranking for a different reason to the brand above: bigger sums at a stated cost. Facilities of €12,000 to €300,000 carry an APR of 10.74% to 18.06% over 6 to 240, and the arrangement fee of 6% to 9% is charged by the collaborating lender, so the broker's own service costs the borrower nothing. The trade-off is pace. Money lands weeks after approval, with the same-day route tied to the notary signing, far slower than Montonio. It also serves secured, debt-consolidation and business borrowers, and works with a soft prequalification for thin credit files, though a mortgage-guaranteed loan needs a property that is owned and unencumbered or with most of the mortgage already repaid. Against Andacredito below it, Sofkredit offers far larger sums and much longer terms.

   • APR: 10.74% to 18.06%
   • Loan amount: €12,000 to €300,000
   • Term: 6 to 240 months

   Pros

   • Sofkredit's own service costs nothing, so the only charge to weigh is the lender's arrangement fee of 6% to 9%.
   • The loan range €12,000 to €300,000 and the term range 6 to 240 suit both renovation projects and debt consolidation.
   • Eligibility leans towards weaker files, with the credit needed listed as poor, and the credit check is soft prequal.
   • The range 0.5 to 20 lets a borrower fix the rate for a short stretch or a long one.
   • Same day funding is listed as same day funding once the notary signs.

   Cons

   • The arrangement fee of 6% to 9% is a large share of the loan, and the product fee on a small mortgage guaranteed loan runs €900 to €1,350.
   • Maximum loan to value is 30%, well below the 90% across listed lenders, so equity of your own is required.
   • Sofkredit is a broker, so the contract sits with the collaborating lender rather than the site you apply through.
   • Support runs on email, phone and help centre, with no chat or community channel listed.

2. 2. Andacredito

   Andacredito is in this ranking for speed rather than size. Loans of €100 to €5,000 can be funded in 10 minutes, the opening fee is 0 EUR, and early repayment costs nothing, so a short bridge can be cleared early at no extra charge. The limits keep it below the brands above: 2 to 3 of repayment and a modest ceiling for stock or equipment, with the top of the APR range reaching 0% to 36%. It works as a broker under Fininity OU and lists business lending among personal, payday, car, student and consolidation loans. Support runs on email only, which is thinner than the channels at the brand above. Compared with Creditilia below it, both books share short repayment windows and an opening fee of 0 MXN on the Mexican side too, but Creditilia runs a hard credit check.

   • APR: 0% to 36%
   • Loan amount: €100 to €5,000
   • Term: 2 to 3 months

   Pros

   • An APR of 0% to 36% and an arrangement fee of 0 EUR keep the headline cost at the cheap end.
   • Funding in 10 minutes suits a bill that lands today rather than next month.
   • Early repayment is free, so an unexpected windfall clears the balance at no extra cost.
   • Built for poor credit, so a file other lenders decline still has a route.
   • Brokers are 20.6% of the listings here, so a matching service is a real alternative.

   Cons

   • The term is 2 to 3, so the balance must clear quickly and a gap suits better than a cost spread over years.
   • The rate is variable, so the figure you finish on is exposed to a rate move.
   • Support runs on email only, so every question and dispute is handled in writing.
   • As a broker, the final rate comes from the partner, so 0% to 36% is a starting point.

3. 4. Wannacash ES

   Wannacash ES earns a place in this ranking on access, and its ceiling is why it sits low. The amounts on offer are €50 to €900, which suits a gap in cash flow rather than a stock order, with 1 of repayment, a credit check listed as none and 0 EUR - WannaCash charges the applicant nothing charged to the applicant. It works as a broker, needs a Spanish bank account and recurring income, and asks for neither payroll papers nor a guarantor. Support runs on email and phone. Against Paysera below it, the contrast is the sharpest in this ranking: this one asks for nothing on file and advances a small sum, while Paysera prices a full revenue-based facility against a merchant's sales.

   • Loan amount: €50 to €900
   • Term: 1 month
   • Arrangement fee: 0 EUR - WannaCash charges the applicant nothing

   Pros

   • A fee of 0 EUR - WannaCash charges the applicant nothing means the arrangement adds no cost to the borrowing.
   • Funding is quick: money lands in the account minutes after approval, usually the same day as the application.
   • The credit check is none, and eligibility rests on a Spanish bank account and recurring income, with no payroll or guarantor required.
   • The lending types are broad, personal, payday and credit line, so the same broker covers a personal loan, a credit line, a car loan or a student loan.
   • Same-day funding is a normal feature on the site, appearing in 82.9% of loans, so fast payout sits in the mainstream here.

   Cons

   • The cap on €50 to €900 sits far below €100 to €5,000 at Cashspace ES, so anyone covering a larger cost needs a different lender.
   • The credit needed is poor, which tells you the pricing is aimed at applicants with a weaker credit history rather than the strongest files.
   • WannaCash is a broker, so the offer you receive is set by a third party lender rather than by the broker you apply through.
   • Support runs on email and phone, so there is no live chat when a payment date is pressing.

4. 5. Qonto ES

   Qonto belongs in this ranking for size and structure rather than speed. Loans of €750 to €1,000,000 sit at an APR of 19.5% over 1 to 12, offered as a credit line, and because the rate is fixed a company's monthly cost does not drift when the market moves. The entry requirements are the strictest in this ranking: a registered office in Spain, a company registered for at least a year, a minimum monthly turnover and a Qonto account, alongside a hard credit check and a credit standing described as good. An answer comes within a couple of days and the money lands in the Qonto account shortly after. Support runs on chat, email and phone. Against Wannacash ES below it, the sums are far larger and the rate is fixed, though the checks are heavier.

   • APR: 19.5%
   • Loan amount: €750 to €1,000,000
   • Term: 1 to 12 months

   Pros

   • The rate is fixed (fixed), so the cost of drawn credit does not reset with market moves.
   • The facility is a credit line (credit line) as well as a business loan (business and credit line), so one relationship covers a repeating need and a single large draw.
   • Amounts run €750 to €1,000,000, wide enough for an equipment purchase or a payroll bridge.
   • Support runs on chat, email and phone, so help is not confined to email and a help centre.

   Cons

   • The rate of 19.5% sits above the 12% median across the site and up in the 24.92% band, which makes it an expensive way to borrow.
   • The credit check is hard (hard) and the bar is good credit (good), so a thin file has no route here.
   • The facility runs 1 to 12, so a drawn balance has to clear inside a short window rather than be spread over years.
   • Qonto works as a broker (broker), so the terms of the credit line sit with a partner lender rather than with the brand you apply through.

5. 6. Finmercado

   Finmercado sits in the middle of this ranking as a marketplace that compares Mexican lenders rather than lending from its own balance sheet, and the rate is what stops it climbing. Amounts reach MXN 500 to MXN 200,000, an application takes minutes, and partner lenders deposit into the borrower's bank account, but the informative APR is from 677.47%, the heaviest figure among the brands shown, and the repayment windows of 2 to 12 are short. The opening fee is 0 MXN and the prequalification is soft, so the full search waits until an offer. Support runs on email, chat and help centre. It suits borrowers in a single market, Mexico, with an INE and an active bank account. Compared with Qonto below it, the reach is wider but the cost of borrowing dominates the total.

   • APR: from 677.47%
   • Loan amount: MX$500 to MX$200,000
   • Term: 2 to 12 months

   Pros

   • No fee for taking out a personal loan, since the origination fee is 0 MXN
   • same day funding is offered and the deposit goes straight to your bank account
   • The online application takes a few minutes, and partner lenders answer in minutes
   • poor credit is accepted, and checks are a soft prequal rather than a full application
   • Loans of MXN 500 to MXN 200,000 cover a wide spread, and personal, payday and secured are all available through partners

   Cons

   • Fees are not the problem, interest is: from 677.47% is an informative rate and the representative example shows a total repayable well above the amount borrowed
   • Terms run 2 to 12, so a larger balance has to be cleared quickly
   • Support runs on email, chat and help centre only, with no phone line
   • Checks are a soft prequal and poor credit is accepted, so the route is aimed at thin files rather than strong ones

6. 7. Creditilia

   Creditilia takes its place in this ranking as the Mexican option, and its limits are what hold it below the brands above. Loans of MXN 1,000 to MXN 150,000 run at an APR of 0% to 36%, an answer arrives within a day with some offers in minutes, and the opening fee is 0 MXN, so nothing is added to the amount borrowed. It works as a marketplace under The Way Media LLC and covers business, personal, car, secured and consolidation lending, so a company can weigh a shop loan against other products from the same provider. The catch is the check and the clock: credit is run as a hard search, heavier than the approach at the brand above, and 2 to 3 of repayment is short for inventory or equipment. It suits adults in the Mexican market. Next to Creditilia ES, the model and the opening fee look alike, but the Spanish book prices at a fixed rate.

   • APR: 0% to 36%
   • Loan amount: MX$1,000 to MX$150,000
   • Term: 2 to 3 months

   Pros

   • The origination fee is 0 MXN and 0%, so nothing is added on top of the quoted rate at the point of arrangement.
   • Rates run 0% to 36%, and the representative example shown costs nothing extra, which keeps the total repayable close to the amount borrowed.
   • Answer in under 24 hours; some offers in minutes covers the answer, so a decision does not depend on waiting a full working week.
   • A marketplace, so the rate on offer is set by the lenders it works with rather than a single list.
   • poor means the product is built for borrowers whose credit history is thin, a group many direct lenders skip.

   Cons

   • A hard credit check on hard means an application leaves a mark that a declined application cannot erase.
   • Terms are 2 to 3, which is short enough that the balance is cleared quickly but leaves little room to stretch a larger amount.
   • The representative example is drawn from the smallest end of MXN 1,000 to MXN 150,000 over 2 to 3, so the headline cost picture describes the smallest loans on the book rather than a typical one.
   • Home improvement is the only use listed on home improvement, so a borrower covering a bill or clearing a balance sits outside the stated purpose.

7. 8. Creditilia ES

   Creditilia ES is in this ranking because it stretches the Spanish offer to €500 to €50,000 over terms of 3 to 96 on a fixed-rate structure, so instalments stay predictable, and its worked example repays a loan in monthly payments with nothing charged for opening, study or early repayment. The catch is the spread. The APR runs 4% to 289%, which puts the friendliest offers far below the dearest, and credit is run as a hard search. The book is aimed at people of legal age living mainly in Spain who can present an identity document, with a passport also taken. Support runs on email only. Against Finmercado below it, this book is easier to plan around, because the rate is fixed and early repayment costs nothing, while Finmercado's rate is not fixed.

   • APR: 4% to 289%
   • Loan amount: €500 to €50,000
   • Term: 3 to 96 months

   Pros

   • Fees of EUR 0 - no opening, study or early repayment fee on the personal, payday, consolidation, business, guarantor and car loans, and free early repayment, so clearing a balance ahead of schedule costs nothing.
   • Offers are shown immediately with an answer within a day, and same day funding is listed as a feature (same day funding).
   • Pricing is fixed: the rate type is fixed and the model is fixed rate, so the monthly payment holds for the whole term.
   • A wide spread of lending types (personal, payday and debt consolidation) plus lending earmarked for home improvement (home improvement).
   • Terms of 3 to 96 sit either side of the 36 month median across the market, so a short loan or a long one is both on the table.

   Cons

   • Creditilia ES is a marketplace, so the rate is set by the partner lender you are matched with rather than published as one figure, and the range it quotes runs 4% to 289%.
   • The top of that range is punishing, sitting far above the 12% median across the market, so a poor credit profile can land you at the wrong end of it.
   • Applications use a hard credit search (hard), which leaves a full mark on your file rather than a soft prequalification.
   • Support runs on email only, so there is no phone line for a question about a payment or a rate.

8. 9. Credy CO

   Credy CO completes this ranking with a catalogue that reaches past one product. Its listed lending spans personal, debt consolidation and car, so business borrowers can weigh a shop loan against car, student, secured and consolidation products from the same provider, and home improvement sits among its stated uses. What sets it apart from Paysera, directly above it, is breadth rather than structure: Paysera sets out a fee of 11% on €9,000 with a repayment window of up to 12 tied to sales, while Credy CO serves readers who want to compare across loan types and uses before settling on business finance. In a ranking shaped by cost, safety of the money and how the account works, a wide catalogue is a sensible place to weigh options before the detailed tables.

   • Loan types: Personal, Debt-consolidation, Car, and 3 more
   • Use cases: Home-improvement

What to look for

Cost first, not the headline rate

A rate means little without its fee. The middle APR in this category is 11.7%, with a lower quartile of 5.99% and an upper quartile of 18.5%, so read the arrangement fee, the interest rate and the term together, and check whether the fee is deducted from the sum paid out or added to your repayments.

Which account the fee is attached to

Some brands quote a percentage with no interest at all, others take a flat charge and call it an administration fee. Ask what the fee covers and which loan type it sits on, then check the exit terms. Most brands in this category allow free early repayment (78.5%) and most keep the rate fixed (80.7%), which keeps instalments steady.

Size and term against the order you need to fund

Median amounts here are €1,315.44 and the median term is 42. A facility well above that can outrun what the business earns, and a term under 13.5 can turn a stock order into a monthly squeeze rather than a loan.

The credit check and what it leaves on file

67.4% of brands in this category run a hard check, so several applications in a short window can weigh on the file. A soft prequalification (25.1%) or no check (7.5%) costs less in that respect, though the offers may be narrower.

Who lends and who brokers

Most of these brands are direct lenders (75.3%), while brokers (15.6%) and marketplaces (9.1%) put another party between you and the money. A broker can be quicker and cheaper on paper, but the contract is with the lender, so read the legal entity and where the money is credited.

Access when payroll is due

An offer that arrives the same day is worth more than one that takes a week when wages are due. 68.8% of the brands here advertise same-day funding and 48.6% offer a revolving line. Check support too: 90.7% run a phone line, which is the channel most readers reach for first.

Frequently asked questions

Top business loans compared by country

• Australia
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• Mexico
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• Spain
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• United Kingdom
• United States

The data behind this ranking

All data and the CSV