Funding solutions designed to fit your business.
Excell Advance offers two flexible business funding options: a line of credit and a term loan. Both are structured to help small businesses access working capital when it matters most. Our online application is straightforward and easy to complete. If approved, you will work directly with a U.S.-based loan advisor to choose the funding amount and terms that best align with your business needs. Funding availability is subject to approval and selected terms.
Excell Advance Line of Credit
Access a 24/7 revolving credit line anytime to fund your business.
- Credit limits from $6K – $200K
- Flexible repayment plans: 12, 18, or 24 months
- Ideal for having funds ready when you need them
Excell Advance Term Loan
A one-time lump sum to cover major expenses, with the option to apply for more later.
- Loan amounts from $5K – $400K
- Repayment up to 24 months
- Perfect for bigger business investments
How do small business loans work?
Small business loans give you access to financing you can use to invest in or grow your business. Whether you need additional working capital to expand, or want to smooth out cash flow during slower periods, small business financing can help you move forward.
There are different types of business financing available. A term loan offers a lump sum of cash upfront that you repay over time. A business line of credit gives you access to a set credit limit you can draw from as needed — and as you repay, funds become available again. Understanding your financing options can help you choose the one that fits your goals.
To get a small business loan, you can apply with traditional lenders like banks and credit unions, or use an online lender that offers a streamlined application and a clear decision process. To prepare, begin by gathering the necessary documents and researching minimum requirements.
Each lender’s approval process varies, but they typically evaluate factors such as credit score, time in business, revenue and other financial details to make a decision. Once approved, you will receive your funding and repay your loan according to your repayment schedule. A business loan calculator can help you estimate costs.
Compare Business Loan Options: Excel Advance vs. SBA Loans
SBA loans are government-backed loans supported by the U.S. Small Business Administration and issued through banks and approved lenders. They are often known for lower interest rates and longer repayment terms compared to other financing options.
To get a small business loan, you can apply with traditional lenders like banks and credit unions, or you can work with an online lender that provides a simple application and guided approval process. To prepare, begin by gathering the necessary documents and researching minimum requirements.
Excel Advance
SBA Loans
Excel Advance
5K – $400K for term loan; $6K – $200K for line of credit.
$500 to $5.5 million, depending on the program.
Funding Time
Once approved, you may be able to get same-day funding.†
Varies. Generally 2 – 10 business days.
Minimum Credit Requirements
Repayment
Collateral
Funding that moves at your pace
Apply Online
Complete the short application in just a few minutes.
Get expert guidance
Work with a loan advisor to find the funding that fits your goals.
Receive your funds
Sign your agreement digitally proceed with the funding process.
Check if you qualify:
minimum requirements
- 1 year in business
- $100K annual revenue
- Business checking account
- 625 personal FICO® score
Small Business Loans FAQs
What are the different types of small business loans?
Common options include term loans, lines of credit, merchant cash advances and equipment loans. Each serves different needs — from major investments to routine operational expenses.
Can I get a same-day business loan?
With Excell Advance, qualified applicants may receive funds as soon as the same day after approval.†
How do I qualify for a small business loan?
Qualification typically depends on credit score, business revenue, time in business and financial history. Lenders usually require documentation like bank statements and tax returns.
Are small business loans secured or unsecured?
Some loans are secured (backed by a general business lien), and others are unsecured. Terms vary by lender and product.