When business owners are looking to get a business loan, they’re usually looking for a large sum of cash, which can be repaid (with interest & fees) in fixed installments over the course of several months or years. These types of loans are called term loans, which is the most common type of small business loans. Unfortunately, not all business owners can qualify for a business loan from a bank because they may have a low credit score, or they haven’t been in business long enough. Other businesses need to get money quickly and don’t have the time to wait for a bank to make a decision. This is why alternative lenders such as Building Block Capital offer online financing to help business owners that do not qualify for or don’t have time for, traditional small business loans from banks.
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$150+ Million funded
Rates and Fees
Time in Business
The top small business loans offer the money you need with a realistic repayment term. Funding can be used for any business needs, but are generally used for the following expenses.
Building Block Capital is a non-bank lender. Unlike traditional bank financing — which regularly has strict requirements and can take weeks or months long for the application and funding process — getting financing from non-bank lenders can provide a faster and smoother application and funding process.
Our online application requires little to no paperwork. We require applicants to fill out some business details and submit the last 3 months of business bank statements. Once you are approved and the contract is signed, your funds can be transferred to the desired bank account the next business day or sooner.*
Below is an example of the costs that are associated with every small business loans that we fund.
Of Loan Amount
No origination fees or prepayment penalties
Customers that are in good standing and pay off their loan early receive a 35% discount on non-accrued interest.
If you are to get approved for a second loan before paying back your first, we'll discount 100% of unpaid interest on your first loan and will roll over any of the outstanding principal from your first loan. Eligible customers can apply for additional funding as soon as 60 days.