What Credit Score Is Needed for a Small Business Loan?
Credit score requirements vary by lender and loan type.
- Traditional banks: usually require 680+
- Online lenders: may accept scores as low as 550–600
- Government-backed loans: often require 620–650
Both personal and business credit scores may be reviewed, especially for small or new businesses.
A higher credit score generally results in lower interest rates and better loan terms.
