Current Commercial Rates
Our rates are updated daily based on market conditions. All rates shown are starting rates for qualified borrowers.
Term Loans
Traditional term loans with fixed or variable rates for working capital and growth
Interest Rate
4.2% - 12.8%
Terms
1-7 years
Funding Time
Same day*
Amount Range
$25,000 - $5,000,000
Requirements:
- 2+ years in business
- Min $250K annual revenue
- Credit score 650+
Equipment Financing
Finance equipment purchases with the equipment as collateral
Interest Rate
3.8% - 11.2%
Terms
2-10 years
Funding Time
Same day*
Amount Range
$10,000 - $2,000,000
Requirements:
- 1+ years in business
- Equipment as collateral
- Credit score 600+
Lines of Credit
Flexible credit lines for ongoing working capital needs
Interest Rate
5.5% - 18.0%
Terms
6 months - 2 years
Funding Time
Same day*
Amount Range
$10,000 - $1,000,000
Requirements:
- 1+ years in business
- Min $150K annual revenue
- Credit score 600+
SBA Loans
Government-backed loans with favorable terms and lower down payments
Interest Rate
11.5% - 16.5%
Terms
5-25 years
Funding Time
2-4 weeks
Amount Range
$50,000 - $5,000,000
Requirements:
- 2+ years in business
- Min $250K annual revenue
- Credit score 680+
- SBA eligibility
Invoice Factoring
Convert outstanding invoices to immediate cash flow
Interest Rate
1.5% - 5.0%
Terms
30-90 days
Funding Time
Same day*
Amount Range
$10,000 - $10,000,000
Requirements:
- B2B invoices
- Credit-worthy customers
- 30+ day payment terms
Merchant Cash Advance
Quick funding based on future credit card sales
Interest Rate
8% - 25% Factor Rate
Terms
3-18 months
Funding Time
Same day*
Amount Range
$5,000 - $500,000
Requirements:
- 6+ months in business
- Min $100K annual revenue
- Credit card sales
Industry-Specific Rates
Different industries have different risk profiles. See how your industry typically performs.
Technology Startups
5.2% - 14.8%
Construction
4.8% - 13.2%
Transportation
4.2% - 12.8%
Food Service
6.5% - 16.2%
What Affects Your Rate?
Understanding the factors that influence your commercial lending rate
Factors That Lower Rates
- High credit score (720+)
- Strong cash flow
- Long business history (5+ years)
- Collateral/assets
- Low-risk industry
- Personal guarantee
Factors That Raise Rates
- Lower credit score (<650)
- Inconsistent revenue
- New business (<2 years)
- Unsecured loans
- High-risk industry
- Poor debt service coverage
Important Rate Information:
- • Rates shown are starting rates for qualified borrowers and may vary based on creditworthiness, business profile, and market conditions.
- • Annual Percentage Rate (APR) includes interest rate plus fees. Factor rates for MCAs represent the total payback amount.
- • Same-day funding available for applications completed before 2 PM EST with all required documentation.
- • Rates are subject to change without notice. Final terms will be provided in loan documents.
- • EVA Finance is a financial technology company, not a bank. Loans are issued by partner lenders.