Compared to a traditional business loan, lines of credit or other types of financing, the startup loan offers established professionals with stable income the ability to continue their day jobs while pursuing entrepreneurial passions and investments. With loan amounts up to $500,0001,2 with extended payment terms up to 12 years1, a startup loan gives you the flexibility to invest in a business, buy into a partnership, generate passive income, or even acquire real estate.
Customized financing to consolidate high-interest debt or fund major purchases or expenses.
Tailored commercial financing that supports all your business needs to help you grow quickly.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Tailored for entrepreneurs that want to establish additional active and passive income streams.
Customized financing to consolidate high-interest debt or fund major purchases or expenses.
Startup Loans
Establish additional active and passive income streams
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Large loan amounts: Up to $500K1,2
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Fixed affordable payments: Terms up to 12 years1
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Fast funding: In as few as 3 days3
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Concierge service: U.S.-based loan specialists for every application
How much are you looking to finance?
Please enter a value between $20,000 - $500,000
VIEW MY ESTIMATE
No application fees, commitment, or impact on personal credit to view your estimate.
Image is an example only and does not reflect actual customer information.
Startup Loans Average Customer Stats
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Annual personal income $268K+
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12 years of professional experience
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Personal FICO 752
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Average loan amount $108K
Ways to use your loan
What is a startup loan?
If you've ever considered the idea of being an entrepreneur, buying into a practice, or simply pursuing a passion venture without leaving your day job, then our startup loan is for you. BHG Financial uses your W-2 or personal salaried income to make a lending decision while most lenders require a new business pro forma/P&L. We believe your professional success is an indication of your future entrepreneurial success.
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Partnership buy-in
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Real estate investment
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Launch a side hustle
A Hassle-Free Process
How our startup loans work
As a busy professional, your time is valuable. At BHG Financial, we’ve streamlined the application process to get you funded fast so that you can get back to business.
1. Start an application
Unlike other lenders, we won't ask for unnecessary paperwork. It’s easy and there’s no impact to your credit score to apply.
2. Get your funding decision
Approval can take as little as 24 hours.3 Our dedicated loan specialists will review your application and qualifications, tailoring a loan solution for your financing needs.
3. Receive funds fast
If approved, you will receive your funds in one lump sum in as few as 3 days.3
To achieve continued success, the country’s top professionals and business owners rely on BHG Financial for exceptional financing, a simplified lending process, and personalized service.
$18 Billion +
Loans funded
23 years
Lending experience
A+ Rating
BBB
170,000 +
Customers funded
How our startup loans generate additional active and passive income
BHG Financial is committed to the success of our customers.
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Startup Loan FAQs
Applying for a startup loan with BHG Financial is as easy as 1-2-3.
- Fill out an online application quickly or call us directly to speak to a loan specialist.
- We'll gather the necessary documentation for you, which may include income verification documents such as tax returns and bank statements. If anything else is needed to process your application, we’ll reach out to work with you.
- After we’ve received all the necessary information and documents, our team will review your qualifications and notify you promptly regarding approval.
The average BHG Financial startup loan customer has an income of $268K, a 752 FICO score, has been in business for 12 years and receives $108K in funding.
Approval for a startup loan from BHG Financial is based on your W-2 or salaried income. We don't require a new business pro forma/P&L. The lending decision is based on your personal current income and credit profile, because we believe what has made you successful will continue to make you successful.
Important note: If your income or employment status changes after being funded with a loan, you must still pay it back per the existing loan terms. We strongly advise against leaving your current employer to begin a startup business using a BHG Financial loan.
BHG Financial offers secured loans and does not charge pre-closing costs. BHG Financial files a lien on the business via a Uniform Commercial Code (UCC) filing.
Additionally, applying for a startup loan will not impact your personal credit score. BHG Financial only performs a soft pull of your credit when you submit your application.
After you're funded, your BHG Financial startup loan will not be reported to the credit bureaus. However, BHG Financial can report the trade line to the bureaus if your account becomes delinquent.
A startup loan is not intended for an existing business owner looking to access funds to maintain day-to-day operations, pay off business debt or expand a business. A startup loan is intended for successful, high-earning professionals that do not plan to leave their job but want to pursue entrepreneurship on their own by beginning a business, investing in a business, generating passive income via real estate, or pursuing a side hustle.
View your estimate
There is no cost, commitment, or impact on personal credit to see your estimate.
¹ Terms subject to credit approval upon completion of an application. Loan sizes, interest rates, and loan terms vary based on the applicant's credit profile. Finance amount may vary depending on the applicant's state of residence.
² BHG Financial business loans typically range from $20,000 to $250,000; however, well-qualified borrowers may be eligible for business loans up to $500,000.
³ This is not a guaranteed offer of credit and is subject to credit approval.
Business Loan Repayment Example: A $94,695 commercial loan with a 9-year term and an APR of 14.8% would require monthly payments of $1,633.
Testimonial(s) based on unique customer experience. Individual customer experiences may vary.
For California Residents: BHG Financial loans made or arranged pursuant to a California Financing Law license - Number 603G493.
IMPORTANT INFORMATION ABOUT ESTABLISHING A NEW CUSTOMER RELATIONSHIP
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies every customer. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. If all required documentation is not provided, we may be unable to establish a customer relationship with you.