When your business needs cash quickly — whether for payroll, inventory, repairs, or a time-sensitive opportunity — waiting weeks for a bank loan isn’t an option. That’s where same-day business loans come in.
These financing solutions are designed for speed, often providing approvals within hours and funding within 24 hours or less. While they can come with higher costs than traditional loans, they’re a powerful tool when time is of the essence.
In this guide, we’ll explore the best same-day business loan lenders in 2025, how they work, what to expect, and how to choose the right one for your business.
Speed is the biggest advantage. Traditional bank loans can take weeks — sometimes even months — to process, but same-day business loans can put money in your account within hours. This is especially useful if you need to:
Cover payroll or emergency expenses
Purchase inventory during a flash sale
Repair critical equipment
Fund a sudden growth opportunity
Bridge a temporary cash flow gap
While faster funding often comes with higher costs, the ability to seize opportunities quickly can outweigh the extra expense.
Here are some of the top lenders offering same-day funding — along with their key features and benefits.
1. OnDeck
Funding speed: Same-day if approved early in the day
Loan types: Term loans, lines of credit
Highlights: Competitive terms, strong reputation, and flexible repayment options
OnDeck is one of the most well-known online lenders, and for good reason. Businesses that qualify and submit complete documentation early can receive funding the same day. Their platform is ideal for companies with at least one year in business and consistent revenue.
2. Credibly
Funding speed: Approvals in as little as 2 hours, funds within 4 hours
Loan types: Short-term loans, working capital
Highlights: Fast approvals, excellent option for urgent cash needs
Credibly is built for speed, often approving loans in just a few hours. It’s a good choice for small businesses that need quick working capital, especially for short-term expenses.
3. Kapitus
Funding speed: Approvals in about 4 hours, funds in 24 hours
Loan types: Term loans, lines of credit, revenue-based financing
Highlights: Flexible repayment schedules (daily, weekly, or monthly)
Kapitus is known for its wide range of financing options and rapid funding. Its flexible repayment structures make it easier to match payments with cash flow, which is ideal for seasonal or fluctuating revenue businesses.
4. Headway Capital
Funding speed: Next business day
Loan types: Lines of credit
Highlights: Flexible draw amounts, revolving access to capital
Headway Capital offers fast access to funding and is especially useful for businesses that want ongoing, flexible access to cash. You can borrow, repay, and borrow again as needed, making it a good choice for recurring expenses.
5. National Funding
Funding speed: Within 24 hours
Loan types: Short-term loans, working capital
Highlights: Fast approval process, wide range of loan amounts
National Funding is a great option for small to mid-sized businesses looking for flexible loan amounts and fast funding. They also offer prepayment discounts, which can help reduce the cost of borrowing if you repay early.
6. SBG Funding
Funding speed: Decisions under 24 hours, same-day funding available
Loan types: Term loans, lines of credit, equipment financing
Highlights: High loan limits (up to $5 million), multiple financing types
SBG Funding is ideal for businesses seeking larger loan amounts without sacrificing speed. They also offer industry-specific financing solutions, which can make it easier to qualify.
7. Fora Financial
Funding speed: Often within 1 business day
Loan types: Short-term loans, merchant cash advances
Highlights: Fast approvals and funding, suitable for businesses with lower credit scores
Fora Financial is known for approving loans quickly — often within 24 hours — even for businesses with less-than-perfect credit. This makes it a solid choice if you need cash fast and don’t qualify for traditional financing.
Gather financial documents and bank statements in advance
Apply early in the business day for faster processing
Choose lenders known for same-day approvals
Ensure your business meets basic requirements
Sign and return documents quickly to speed up funding
While same-day funding is possible, preparation is key. Follow these tips to improve your chances of getting approved and funded quickly:
Apply early in the day: Many lenders have same-day cut-off times.
Have documents ready: Bank statements, tax returns, and financial statements should be prepared before you apply.
Check eligibility requirements: Meeting revenue, time-in-business, and credit requirements speeds up the process.
Respond quickly: Delays often happen when businesses take too long to review and sign loan documents.
Pros:
Rapid funding for urgent needs
Minimal documentation required
Useful for emergencies or time-sensitive opportunities
Cons:
Higher interest rates and fees
Shorter repayment terms
Lower borrowing limits than traditional loans
It’s important to note that “same-day” often means funding within hours after approval, not necessarily within minutes. Several factors can affect the timeline, including:
Time of application — Applying late in the day may delay funding to the next business day.
Document completeness — Missing paperwork slows the process.
Bank processing times — ACH or wire transfers can take additional hours.
If you need funds urgently, communicate with the lender to understand exactly when the money will arrive.
In business, timing is everything — and when cash flow issues or opportunities arise, a same-day business loan can make all the difference. Whether you need quick capital to cover expenses, seize a growth opportunity, or bridge a short-term gap, lenders like OnDeck, Credibly, Kapitus, and National Funding make fast funding possible.
Just remember to weigh the costs carefully. Same-day loans are powerful tools, but they often come with higher interest rates and shorter terms. By comparing lenders, preparing your documents, and applying strategically, you can secure the funding you need — exactly when you need it.