Backd Business Loans Review 2026
Buy Side’s take on QuickBridge business loans
QuickBridge’s fast funding is attractive, especially for short-term business loans to cover immediate expenses. The lender also works with various credit profiles, so applicants with lower scores might be eligible for QuickBridge loans.
QuickBridge has an accessible time in business requirement of six months, but its $250,000 annual revenue requirement is high. Additionally, rates and fees aren’t available online, so you must apply to confirm your terms, even after seeing potential offers. This makes comparing loan options difficult.
How to apply for a QuickBridge business loan
Completing a QuickBridge loan application takes a few minutes. Submit information about your business, including bank statements to verify revenue. There is no hard credit pull to view potential financing options with QuickBridge. However, if you don’t qualify, the lender might connect you with partners that perform hard inquiries.
A QuickBridge funding specialist discusses financing offers with you. Choose one that suits your needs and accept the loan agreement. Funds disburse as soon as one business day after approval.
How QuickBridge compares to other lenders
QuickBridge short-term loans have appealing features, including early payoff discounts. However, other business lenders offer a wider variety of financing that might better suit some borrowers.
QuickBridge vs. OnDeck
OnDeck offers short-term business loans and business lines of credit. Its repayment periods of up to 24 months are slightly longer than those of QuickBridge, but its $400,000 borrowing limit is slightly lower. OnDeck also has a lower minimum annual revenue of $100,000, though it requires at least one year in business.
QuickBridge vs. Fora Financial
Fora Financial offers various business loan types, including short- and long-term loans, SBA loans, revenue advances and credit lines. Its short-term loan features the same maximum repayment term as that of QuickBridge at 18 months. Fora Financial has a much higher funding limit of $1.5 million.
Fora Financial requires six months or more in business, annual revenue of $240,000 or higher and a credit score of at least 570 to qualify for its short-term business loan.
How Buy Side rates business lenders
We evaluated more than 34 small-business lenders, focusing on key areas such as affordability, loan options, underwriting requirements, transparency and customer experience. Advertisers and partners don’t influence our methodology or ratings, as our research and editorial team maintains independence in using data-driven processes. We assessed each lender based on characteristics business owners might find appealing, such as offering traditional business loan products, discounts, application guidance, bad-credit options and solutions for short-term funding needs. We focused on lenders with at least $1 billion funded that have been in business for five years or more. We also verified that the traditional and online lenders offer loans in most states. Learn more about how Buy Side rates the best small-business loans using data-driven methodologies.
