Best E-Commerce business loans from online lenders

With all the market changes in the last decade, everything is transferring online hence e-commerce businesses are the future. So if are thinking about starting an e-commerce business, this is the best time to do it.

Not only do e-commerce businesses offer greater flexibility, but they also require lower up-front investment and lower finical risk. The benefits do not stop there with all the online lenders, you do not even have to pay a larger investment at once. 

You can use some of the available e-commerce business loans from online lenders to borrow the money you need and repay them as you earn your profit. 

In this article, we will go over the best loans for e-commerce business. You can also go to FinImpact to get additional information. 


Uncapped is the best overall E-Commerce business loan provider. It has specialized loan conditions for e-commerce businesses. Funding amount you can loan ranges between 10,000 dollars and goes up to $10 million dollars. Uncapped does not require a minimum credit score requirement. However, they do require 10,000 dollars in average revenue a month for at least a six-month period. Their interest rate ranges between 2% to 12% with daily and weekly repayments. 

The terms of loans are between 3 to 24 months. They also offer special terms loans for businesses where you can repay between 5% and 25% of your monthly profit until your loan has been repaid. The application process does require you to sign up and provide personal and business information. Once you connect your payment accounts, you will get a fast approval within the same day. The transfer of funds can be as quick as 24 hours or a couple of business days, depending on your bank. Uncapped does not charge additional fees for prepayments, closing, or warrants.


Kabbage offers great terms and conditions for e-commerce loans for small businesses with a fair credit score. The minimum credit score required cannot be under 640, and you must be with at least 12 or more months in business. The loan amount for business loans ranges from 2,000 dollars to 250,000 dollars. 

Kabbage does not use traditional interests. Instead, it charges monthly fees depending on the loan type and the loan term. The terms of loans can be 6, 12, or 18 months. The interest rate for 6 months is between 0.25% to 3.50%, for 12 months between 0.25% to 2.75% and for 18 months between 0.25% to 2.50%.

Repayments are charged monthly, and there are late payments and unsuccessful payment fees. You will not be charged with additional application fees, origination fees, annual fees, account maintenance fees, or documentation fees. Kabbage also does not charge a prepayment penalty. 

Kabbage application process is verily fast you do need to open an account and connect your business checking account. If the information you provide is verified, you will get a decision immediately. The funding transfer can be as soon as the same day or a maximum of three business days. The minimum withdrawal amount for six-month terms is 500 dollars, for 12-month terms is 10,000 dollars, and for 18-month terms 20,000 dollars.


Biz2Credit provides working capital and good-term loans for e-commerce businesses. Biz2credit loan amount varies from 25,000 dollars all the way to 5 million dollars. The bare minimum credit score you will need to apply is at least 660. The loan rates start at 8.99%, but they can go higher depending on your credit score.

The online loan application on Biz2credit takes less than a minute to fill out and only 24 hours to receive a decision. If the application is approved, you will receive your funds in three days. Biz2Credit only approves loans if you have been working for at least 18 months and have annual sales of at least 250,000 dollars. 

The loan terms range from 12 to 36 months, depending on the amount. You can pay up your loan daily, weekly, or biweekly. . Biz2Credit charges only simple interest, which means your interest will not compound. The only additional fee you will have to pay is the origination fee which costs around 250 dollars. They also provide you with a funding specialist who will help you figure out which loan is best for you and your business.


All these three online lenders are a great way to get financing for your e-commerce business. However, getting a loan is a big commitment, so make sure you make an informed decision.