Qualifying for Camino Financial's

SMALL BUSINESS LOANS

Finding the right business loan for your small business is what we are all about. We want your business to grow as much as you do. That is why we help you understand your funding options and guide you to select the small business loan that is the best fits for you and your business.

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How to Get a Small Business Loan

1. Getting To Know You and Your Small Business

Answer a few simple questions about your small business in our short online application and find out if you prequalify for a Camino Financial small business loan in just a few seconds!

2. Review Your Options With a Loan Specialist

Tell us your story and help us understand your small business. We will explain your funding options while answering any questions you may have during the loan process.

3. Submit Your Business’ Essential Financial Documents

We want to make sure we have all the information we need to get you the small business loan that is the best fit for you. Submitting your financial statements online is secure and a breeze!

4. Accept the Final Offer and Business Loan Terms

After reviewing your business loan application, we will deliver a final loan offer with your business loan terms. Sign off, and you’re done!

5. Receive Your Funding

That’s it! Your funds will be deposited into your bank account. Now you can focus on growing your small business!

3 Easy Steps to Small Business Funding

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Easy Online Business Loan Application Pre-Approval

Our online business loan pre-approval process will allow you to learn whether you currently qualify for financing. Simply fill out the form with basic information about you and your small business, and you will know your approval status within 48 hours. We will guide you throughout the rest of the process to get your financed fast.

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Get Matched With the Best Loan For Your Business

Upload your small business documents online or submit your financial records to your business loan specialist. It’s easy! Afterward, we carefully review your business profile and match you with the small business loan solution that best fits your needs.

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Receive an Offer and Get Funded Within Days

Receive your special business loan offer, sign the agreement, and you’re all set! You will have your funds deposited directly to your bank account in just a few days.

How To Apply For Small Business Loan With Camino Financial

Our loan approval criteria are much more flexible than other financial institutions, and our terms are based primarily on the cash flow of your small business, your credit score, and the planned use for the funds.

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Mínimum Requirements

To qualify for a business loan through Camino Financial, your registered business should be operating for at least nine months, generate sales of $30,000 annually or $2,500 a month, and the small business owner must have a FICO credit score of 550 or more.

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Fast Funding in 2 Business Days

Our Camino Financial small business loans offer the speed and reliability to receive funds in as fast as 2 days. We offer our clients the best rates and terms, allowing us to help more small businesses grow.

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Small Business Owners

We are dedicated to helping minority businesses succeed. We believe access to capital is one of the greatest challenges for minority businesses.

How Much Is a Small Business Loan?



The loan terms and figures shown in calculation results are example figures and subject to final lender approval.

Business Loan Rates

Our monthly interest rates vary from 1.0% to 2.5%. Camino Financial term loans are fully amortized through monthly installments over 24 to 60 months.

Link Your Bank Account and Let Us Do the Rest

We schedule loan payments so you can get back to running your business, because we know how busy life gets as a small business owner.

Making Payments

Camino Financial makes paying for your small business loan easy! We have simple monthly payments with no prepayment penalties or hidden fees.

Top-Rated Customer Support

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Jones Júnior

Jones Júnior

Los Angeles

I high recommend Camino Financial, they're simple and easy to do the procedures. Great company and awesome attendance!

Exploring with Chris

Exploring with Chris

Los Angeles

I had a wonderful experience with Camino, they will work with you to help you get approved. they had me funded within a week. highly recommended!

Jose Francisco Calderon

Jose Francisco Calderon

Los Angeles

I do recommend small business owners to apply so that they can make their business grow or improve it. Thank you so much Camino Financial.

Randy de la Rosa

Randy de la Rosa

Bealeton, Virginia

You are the best financial company I have dealt with, i hope keep making business with you for a long time. Thanks again.

Why a Small Business Loan can be a Smart Option

The easiest way to grow your business is by investing in it. As the saying goes, it takes money to make money. But using your savings is not the best idea. Fortunately, there are affordable business loans that adapt to you and your business. As a result, you can access more cash, increase your credit score, and, depending on the lender, you can even enjoy extra benefits. Low-interest business loans open a new world of possibilities to grow your business without risking your financial future.

How to Decide Which Small Business Loan is Right for You

Finding a loan that is a perfect match for your small business is a challenging process. These steps will help you choose the perfect option with the best small business loan terms.

  • 1. Make sure you know what your credit score is
  • 2. Find different lenders that offer the amount that you need
  • 3. Ensure you meet the minimum requirements
  • 4. Compare the small business loan terms
  • 5. Rule out the options with the highest interest rates
  • 6. Research what type of fees they charge
  • 7. Ask what documents are needed to apply
  • 8. Make sure the lender offers extra benefits
  • 9. Read reviews other business owners have written about the lender

Comparing Financing Options to Apply for Small Business Loans

AmountAPRTenureMinimun ScoreMin. Time in BusinessMin. Annual IncomeITIN Accepted?Collateral needed?
Camino Financial$5,000 to $400,00021.07% to 47.78%24 to 60 monthsN/A9 months$ 30,000
Other Business Term Loans$5,000 to $600,0007% to 99%3 to 36 months6802 years$ 200,000Varies
Line of Credit$10,000 to $1M7% to 90%3 to 18 months6301 year$ 180,000Varies
Merchant Cash AdvanceUp to $500,00040% to 400%3 to 12 monthsN/A1 year$50,000Varies
Invoice FinancingUp to 90% of the invoice value15% to 70%Varies5001 year$ 130,000
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No hard credit pull

Types of Small Business Loans

Bad credit business loans

Having a poor credit score doesn’t mean you can’t invest in your business. Fortunately, many business capital loans don’t require a perfect score. Some examples of bad credit business loans are payday loans, merchant cash advances, and secured business loans.

Secured business loans

For this type of fast business financing, the lender will require you to pledge collateral. Collateral is an asset that the financial institution can seize to recoup the losses if you fail to pay.
Usually, you don’t require a good credit score to access these types of fast business financing because the collateral offsets the risk the lender perceives.

Unsecured business loans

These business capital loans don’t require collateral. Often, they are offered to applicants with good credit scores. But some lenders can offer them to people with all types of credit histories. How to apply for a small business loan without pledging collateral? Easy, just apply with Camino Financial. All of our loans are unsecured because we don’t want you to put your assets at risk. Even better yet, we can work with clients with bad credit scores or no credit history.

Working capital loans

This business lending option is for everyday expenses (like payroll or marketing) instead of new investments (like buying new equipment or expanding to a new location). You can use most types of business capital loans for working capital.

FAQ: Small Business Loans

About Camino Financial

Camino Financial is the first AI-powered Community Development Financial Institution (“neo-CDFI”) expanding access to credit for underserved Latinx entrepreneurs in the U.S. The Company is uniquely positioned to offer affordable loans as it combines its proprietary AI technology with access to CDFI designated low-cost capital and resources.

$88 Million

In loans to undeserved markets

4,500 Loans

50% of them funded to minorities

$55 Million

Incremental revenue for our borrowers

$11 Million

Saved in interest & fees vs others lenders

Our accreditations

Camino Financial