Question 1

What is GBB Loans and how can you help my business?

Accepted Answer

GBB Loans is a direct business funding marketplace that connects small business owners with fast, flexible financing solutions. We offer over a dozen loan products ranging from short-term loans to SBA loans and equipment financing. Our team specializes in matching you with the right funding option based on your industry, revenue, and goals — whether you need working capital, equipment, or expansion funds.

Question 2

Is GBB Loans a direct lender or a broker?

Accepted Answer

GBB Loans operates as a direct funding marketplace. We work with a curated network of lending partners to ensure you get the most competitive rates and terms available. Unlike traditional brokers, we handle the entire process in-house — from application to funding — so you get a seamless, transparent experience with a single point of contact throughout.

Question 3

Is my personal and financial information secure with GBB Loans?

Accepted Answer

Absolutely. We use bank-level 256-bit SSL encryption to protect all data transmitted through our platform. Your personal and financial information is never sold to third parties. We maintain strict data privacy policies and only share your information with lending partners when you choose to move forward with a specific offer.

Question 4

What documents do I need to apply for a business loan?

Accepted Answer

For most of our loan products, you'll need 3-6 months of business bank statements, a valid government-issued ID, and basic information about your business such as revenue and time in operation. Unlike traditional banks, we don't require tax returns, financial statements, or lengthy paperwork for most products including SBA loans and equipment financing.

Question 5

What are the minimum requirements to qualify for funding?

Accepted Answer

Generally, you'll need at least 6 months in business, $10,000 or more in monthly revenue, and a business bank account. Credit score requirements vary by product — some options are available with scores as low as 500. We evaluate the overall health of your business, not just your credit score, which means more businesses qualify than you might expect.

Question 6

Do you finance startups or new businesses?

Accepted Answer

While most of our products require at least 6 months of operating history, we understand that newer businesses have unique funding needs. If you've been in business for fewer than 6 months but have strong revenue, we may still have options available. We recommend applying so our advisors can assess your specific situation and explore all available paths to funding.

Question 7

How long does the application process take?

Accepted Answer

Our online application takes just 3-5 minutes to complete. Once submitted, most applicants receive preliminary offers within hours — not days or weeks. The entire process from application to funding can happen in as little as 24 hours for many of our products. There's no obligation to accept any offer, and applying does not impact your credit score.

Question 8

Can I get a business loan with bad credit?

Accepted Answer

Yes. We specialize in working with business owners who have less-than-perfect credit. Many of our lending partners focus on your business revenue and performance rather than your personal credit score alone. Options like merchant cash advances, revenue-based financing, and secured loans are specifically designed for businesses with credit challenges. Scores as low as 500 may qualify.

Question 9

Does applying for a business loan affect my credit score?

Accepted Answer

No. Our initial application uses a soft credit pull, which does not impact your credit score in any way. A hard credit inquiry may only occur if you decide to accept a specific loan offer and move forward with a lender. This means you can explore your options risk-free without worrying about any negative effect on your credit profile.

Question 10

How can I improve my chances of approval with a low credit score?

Accepted Answer

There are several strategies to boost your approval odds. Providing additional months of bank statements demonstrating strong, consistent revenue can help significantly. You might also consider a secured loan backed by business assets or equipment. Applying with a co-signer who has stronger credit is another option. Our advisors work with you to find the best path forward based on your unique situation.

Question 11

What types of business loans does GBB Loans offer?

Accepted Answer

We offer a comprehensive suite of financing products including short-term loans, long-term loans, SBA loans, business lines of credit, equipment financing, merchant cash advances, working capital loans, commercial business loans, secured business loans, and small business cash advances. Each product is tailored for different business needs, from daily operating expenses to major equipment purchases.

Question 12

What is the difference between a merchant cash advance and a term loan?

Accepted Answer

A merchant cash advance provides a lump sum of capital in exchange for a percentage of your future credit card sales. Repayment adjusts automatically based on your daily sales volume, making it ideal for businesses with fluctuating revenue. A term loan, on the other hand, provides a fixed amount with set monthly payments over a defined period. Term loans typically offer lower rates but require more predictable cash flow.

Question 13

How much can I borrow with a business loan from GBB Loans?

Accepted Answer

Loan amounts range from $5,000 to $5 million depending on your business revenue, time in business, credit profile, and the type of financing you choose. Commercial business loans and SBA loans offer the highest limits for established businesses. Working capital loans and merchant cash advances typically range from $5,000 to $500,000. Our advisors help you determine the right amount for your needs.

Question 14

What are the requirements for an SBA loan through GBB Loans?

Accepted Answer

SBA loans through GBB Loans typically require at least 2 years in business, a credit score of 650 or higher, annual revenue of $100,000+, and a solid business plan. While SBA loans have stricter requirements than other products, they offer the lowest interest rates and longest repayment terms available — up to 25 years. Our team guides you through every step of the SBA application process.

Question 15

How fast can I get funded after approval?

Accepted Answer

Most applicants receive funding within 24-48 hours of approval. In many cases, especially with merchant cash advances and working capital loans, funds can be deposited into your business account the same day you're approved. SBA loans and equipment financing may take 1-3 weeks due to additional documentation requirements. We always communicate timelines clearly so there are no surprises.

Question 16

What happens after I submit my application?

Accepted Answer

After you submit your application, our team reviews your information and matches you with the best available offers — usually within a few hours. You'll receive a call or email from a dedicated advisor who will walk you through your options, answer any questions, and help you choose the right product. Once you accept an offer and complete any final verification, funds are typically disbursed within 24 hours.

Question 17

What are your interest rates and fees?

Accepted Answer

Interest rates vary by product and your business profile, generally ranging from 7.49% to 35.99% APR. We never charge upfront application fees, and all costs are disclosed transparently before you accept any offer. Factors that influence your rate include credit score, revenue, time in business, and loan amount. Our advisors help you understand the total cost of any financing option.

Question 18

Are there any upfront fees or hidden costs?

Accepted Answer

No. There are never any upfront fees, application fees, or hidden costs to apply with GBB Loans. You'll see all terms, rates, and fees clearly outlined before you accept any offer. We believe in complete transparency — what you see is what you get. If you decide not to move forward with an offer, there's absolutely no obligation or penalty.

Question 19

How are repayment terms structured?

Accepted Answer

Repayment terms depend on the type of financing you choose. Short-term loans typically run 3-18 months with daily or weekly payments. Long-term loans and SBA loans offer terms up to 10-25 years with monthly payments. Merchant cash advances use a percentage of daily sales, so payments adjust with your revenue. Business lines of credit offer revolving access where you only pay interest on what you draw.

Question 20

Can I pay off my business loan early?

Accepted Answer

In most cases, yes. Many of our loan products allow early payoff with no prepayment penalties, which can save you significantly on interest charges. Some products, particularly merchant cash advances, have fixed payback amounts regardless of timing. We always disclose early payoff terms upfront so you know exactly where you stand before accepting any offer.

Question 21

What happens if I miss a payment?

Accepted Answer

We understand that cash flow can be unpredictable. If you're having difficulty making a payment, we encourage you to contact your advisor as soon as possible. In many cases, we can work with our lending partners to find a solution such as a modified payment schedule. Communication is key — reaching out early gives us the most options to help you stay on track.

Question 22

Can I refinance or renew my business loan?

Accepted Answer

Yes. Many business owners refinance or renew their loans after building a positive repayment history. Refinancing can often secure you better rates, higher amounts, or longer terms. After making consistent payments for 3-6 months, you may qualify for additional funding or improved terms. Our team proactively monitors your account and reaches out when better options become available.

Question 23

What industries does GBB Loans specialize in?

Accepted Answer

We serve over 30 industries including construction, restaurants, trucking, retail, medical practices, auto repair, e-commerce, professional services, manufacturing, and many more. Each industry has unique financing needs, and our advisors understand the specific challenges and opportunities your business type faces. This industry expertise allows us to match you with the most relevant and beneficial financing options.

Question 24

Do you offer specialized financing for construction or trucking businesses?

Accepted Answer

Absolutely. Construction and trucking are two of our strongest specialties. For construction businesses, we offer equipment financing, working capital for materials and labor, and project-based funding. For trucking companies, we provide fleet financing, fuel advances, and cash flow solutions designed around the unique payment cycles of the transportation industry.

Question 25

How does a merchant cash advance work for restaurants?

Accepted Answer

A merchant cash advance is one of the most popular financing options for restaurants because repayment is tied to your daily credit card sales. During slow days, you pay less; during busy days, you pay more. This flexible structure aligns perfectly with the seasonal and fluctuating nature of restaurant revenue. Funds can be used for renovations, equipment, inventory, staffing, or any business purpose.

Frequently Asked Questions

General Questions

Application Process & Eligibility

Bad Credit & Credit Score

Loan Types & Financing Options

Funding Speed & Process

Rates, Fees & Terms

Repayment & Early Payoff

Industries We Serve

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