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Business Loan Readiness Calculator

Answer 10 questions about your business and get a Financing Readiness Score — with matched loan types, lenders that fit your profile, and specific next steps.

Most borrowers apply to the wrong lender first. This calculator helps you identify the right fit before you waste time on an application you cannot win.

Your business profile

Country
Funding purpose
Industry
Loan amount needed
Time in business
Annual revenue
Credit score
Collateral available
Urgency
Co-signer available

Frequently Asked Questions

What does the Financing Readiness Score measure?

The score (0–100) estimates how strong your loan application looks against typical lender underwriting criteria. It weights five factors: time in business (25%), annual revenue (25%), credit score (20%), collateral (15%), loan-to-revenue ratio (10%), and co-signer availability (5%). A score of 70 or above puts you in the “Strong” tier where SBA and conventional bank options are likely available.

Is this score the same as a credit score?

No. This is an educational estimate based on general lending criteria — it is not a credit score, a credit inquiry, or a lending decision. It does not affect your credit report. Individual lenders apply their own underwriting criteria, which may differ significantly from the weights used here.

What is the minimum credit score to get a business loan?

SBA 7(a) lenders in the US generally require a minimum personal credit score of 680. Scores above 720 improve your terms. Below 650, most SBA lenders will decline — you are in alternative-lender territory, where rates are significantly higher. Some online lenders accept scores as low as 550–600, but at APRs that can exceed 60%. The most efficient path is to build your score to 680 before applying.

How long does a small business loan take to fund?

SBA preferred lenders can approve in 30–45 days from a complete application. Non-preferred SBA lenders add 2–4 weeks. Conventional bank loans are similar. Online alternative lenders can fund in 24–72 hours — but at rates 2–4× higher than SBA loans. If you need capital in under a week, you are limited to the most expensive products. Plan your financing 60–90 days ahead when possible.

What loan options are available in Canada?

Canadian small business borrowers have access to the Canada Small Business Financing Program (CSBFP) — the Canadian equivalent of the US SBA 7(a), providing loans up to $1.15M through participating banks. The BDC (Business Development Bank of Canada) offers complementary financing for businesses that don't qualify at their primary bank. Alternative lenders like SharpShooter Funding, Journey Capital, and Merchant Growth serve borrowers with shorter history or lower credit who need faster approval.

FundBizPro is an educational resource, not a licensed lender or financial advisor. Information here is for general education only — consult licensed professionals before making financing decisions.