Business Term Loan for a 620–659 Credit Score

Shopping for a business term loan with a 620–659 credit score? Fair credit plus solid revenue puts you in a strong position with a direct funder. Byzfunder underwrites from our own balance sheet, so decisions and funding move faster than a bank.

What a 620–659 score means for a business term loan

A 620–659 FICO is considered fair. It's the range where non-bank term loan pricing starts to improve meaningfully. Some SBA and bank products may be reachable with strong financials, but timelines are weeks to months — Byzfunder can typically fund in 24–48 hours after approval.

Why a term loan fits at this range

Fixed schedule, defined payoff, predictable cash flow impact. Typical range: $5,000–$500,000 for qualifying files. Baseline criteria remain 12+ months in business, $20,000+ monthly revenue, and a business bank account.

How to strengthen your file

• 3–4 months of clean business bank statements
• Low NSF count and stable average daily balance
• Concentration of revenue in the business bank account
• Clear picture of existing obligations

What to expect

Same-day decisions, funding in 24–48 hours after approval, and a specialist to walk you through terms. Every offer is underwritten to your specific file — this is not a pre-approval.

Apply for funding to see your options.