Loan Products

We are here for businesses that don’t qualify for traditional loans or for businesses that have urgent short term cash needs.

Apply Now

Let’s Talk Numbers

Not all applicants will qualify for our loan products or for the lowest interest rate for a particular loan product. Pricing and the amount qualified for will vary, depending on the business and the owner’s situation. Choose your state for a full scope of Product details.

Select Your State

Do I qualify for a LoanMe Small Business Loan?

To qualify for a LoanMe Small Business loan from $3,500 – $250,000, you must meet the following requirements:

  • For-profit business, open 90+ Days, with income
  • A business bank account, in name of business
  • 25%+ ownership of the business
  • Voided Check†

  • Driver’s License, valid ID/US Passport)†
  • Authorization to Obtain Credit*
  • 18+ years of age*
  • Business EIN*

* Required for Online Application

† All other documents may be requested by a loan agent after the online application is completed for loan approval & verification.

How to Use Your LoanMe Small Business Loan Responsibly



Example Scenario of a Small Business Loan

Loan Size $15,000
Origination Fee 10% of $15,000 = $1,500
Total Funds Wired $13,500
Interest Rate 54%
Terms of the Loan 120 Months
Minimum Monthly Payments $678.45


Example Payoff Scenarios

Scenario A


Time to Payoff 10 Days
Total Payments $15,225.00
Total Financing Costs
(Incl. Fee) 
Total Financing Costs
(as % of Funds Wired)


Scenario B


Time to Payoff 6 Months
Total Payments $17,449.05
Total Financing Costs
(Incl. Fee) 
Total Financing Costs
(as % of Funds Wired)



Scenario C


Time to Payoff 120 months*
Total Payments $81,413.75
Total Financing Costs
(Incl. Fee) 
Total Financing Costs
(as % of Funds Wired)


*Pay Minimum Monthly Payments for Full Term of Loan. **We suggest you pay off early, even though you can keep the loan for 120 months.


Can I Repay Early?


Yes. Repaying your loan early can save you in interest expense, so we do recommend you pay off the loan as soon as possible. Many customers who cannot afford to pay off the loan all at once, make additional payments on top of their regularly scheduled monthly payment. This helps to lower the loan’s principle balance, and allows them to payoff in a shorter period of time. Remember, you are only charged interest for the time period you are borrowing funds, so take advantage of our no “pre-payment penalty” policy. If you would like to make prepayments or pay the loan off early, call us at (844) 566-0808 and one our agents will gladly assist you. For payment options, please refer to our FAQ.

Can I Borrow Again?


We only allow one loan at a time, so you will have to repay your existing loan before we can offer you another loan.* By repaying your loan responsibly you can maintain or build healthy credit to help qualify for lower origination fees, lower rates and a higher borrowing limit on subsequent loan(s).

*Of course, prior loan approval does not guarantee subsequent loan approvals. You will need to re-qualify based on the current guidelines in effect at the time of reapplying.

Representative Example


Amount of 2nd Loan
(If Qualified)
Origination Fee

5% = $1,500


Total Funds Wired $28,500


**NOTE: Lower origination fee does not apply to the fixed payback loan program.

Still have questions?

Our Loan Specialists are standing by to guide you through the loan process.


Apply Today!

“Business Never Stops. Neither Should You.”

Get Started