Which third-party lenders actually pay quickly and integrate with your sales flow?

Traditional banks have the lowest rates but also the slowest approval and funding timelines. They may take weeks to underwrite a loan and often want collateral and a thick file of financial statements. Online lenders and fintech platforms can pre-approve and fund a line of credit within days, but their APRs are higher.

SBA Express lines of credit cap the loan at $500k; they’re backed by the government and lenders aren’t required to take collateral for the first $50k. For customer-financing programs, compare processing times: some lenders fund you as soon as the customer signs, while others wait until equipment is installed.

Ask about integration with your CRM, how they handle declined applicants and whether they offer mobile apps for field quoting. Speed matters, but so does service—choose a partner that doesn’t leave your customer on hold during a heatwave.