The best small business loans for Houston, TX

Take your business to new heights with the right financing

  • Apply in less than 60 seconds
  • Wide range of financing option for every need
  • Competitive rates and terms
  • Personalized service
  • Dedicated support team

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Industries we work with in Houston, TX

We're proud to work with small businesses across various industries in Houston, TX. Whether you're in healthcare, construction, or technology, we're here to help you grow and succeed. Our financing solutions are customized to meet your needs, so you can focus on what you do best - running your business!

Here are some of the many industries we serve:

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    Construction

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    Medical Practices

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    Beauty Salons

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    Retail Stores

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    Restaurants

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    Hotels

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    Manufacturing

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    Staffing

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    Automotive Businesses

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    Landscaping

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    Toy Businesses

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    Transportation

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    IT

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    Professional Services

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    Veterinary Practices

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    Franchise Businesses

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See why thousands of businesses have made SMB Compass

the top-rated small business loan provider in Houston, TX

Garrett Cushing
Garrett Cushing
November 30, 2021.
Diligent and honest people to work with. SMB has been a great resource for my business, helped me through a variety of different financing over the years.
John Limato
John Limato
November 16, 2021.
I rarely write reviews but felt the need to thank the SMB team. Found them to be honest people that took the time to understand my business and walked me through the entire process.
Connor Johnson
Connor Johnson
November 4, 2021.
SMB helped me navigate through the growth period in my business. They were diligent and genuinely cared to make sure we got the percent line in place to meet our current needs. Very happy I was introduced to them and would highly recommend.
Michelle Cota
Michelle Cota
October 27, 2021.
I am so happy that SMB was able to help our company when we were in a jam. They were so attentive and so easy to work with. Helped step by step to get financed. Thank you Clay!
Veronica Akins
Veronica Akins
October 14, 2021.
SMB Compass was helpful and fast. They kept in contact and answered all my questions. The best part of our interactions was that the lender could have given me an extremely high interest rate loan when I thought that was my only option, but he instead told me of another option that fit our needs much better and saved us money! Thank you Clay
John Folco
John Folco
October 13, 2021.
True experts in the Commerical finance space. Great company to work with, look forward to a continued relationship.
Pat Mcandrews
Pat Mcandrews
October 8, 2021.
Great team of professionals to work with. Incredibly responsive and great problem solvers. Would recommend them to anybody.
Haroon S
Haroon S
September 22, 2021.
Clay was great to work with. Very responsive and great communication.
John Lutz
John Lutz
September 15, 2021.
Great people to work with. They were transparent and helpful from the first call to closing. I would recommend them to anyone in my network.
Matthew Seymour
Matthew Seymour
July 16, 2021.
Clay & Matt are experts in the industry and they are able to advise on a number of topics.

Learn more about our loan packages

The best small business loan in Houston, TX

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    SBA Loans

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    Term Loan

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    Invoice Financing

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    Business Line of Credit

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    Inventory Financing

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    Bridge Loans

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    Equipment Financing

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    Asset Based Loans

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    Purchase Order Financing

FAQs about small business loans in Houston, TX

How to get a small business loan easily in Houston, TX?

 If you’re looking to get a small business loan in Houston, TX, here’s what you should do:

  1. Know what you need. Before applying for a loan, get a clear idea of how much money your business needs and how you will use the funds. Doing so can help identify the best type of loan for your needs.
  2. Check your credit score. Many lenders in Houston, TX, will look at your credit score when reviewing your application, so knowing where you stand is important. If your score is less than ideal, consider improving it by making timely payments, keeping old accounts open, and limiting new credit applications.
  3. Research lenders. Many different types of lenders offer small business loans in Houston, TX, including banks, credit unions, and online lenders. Do your research to find out which ones best fit your needs and qualifications.
  4. Prepare your application. Once you’ve identified potential lenders, prepare your loan application carefully. This may include providing financial statements, tax returns, and other documentation demonstrating your ability to repay the loan.
  5. Apply for the loan. If you’ve found a lender you’re comfortable with, it’s time to start your application. The process varies from lender to lender, but essentially, you need to submit your loan application along with the required documents. You also need to prepare to answer any additional questions the lender may have.
  6. Wait for a decision. The lender will then review your application and decide whether to approve your loan or not. Funding speed depends on the lender and loan type. Banks usually take weeks or months, while online lenders can fund your business in a day.

Houston TX

Houston TX

​​Who is eligible for a business loan in Houston, TX?

Generally, business owners in Houston, TX, who have established businesses with good credit scores and steady revenue growth can be eligible for a business loan.

When considering your application, most lenders will look at your credit score, time in business, annual revenue, industry type, risk level, collateral requirement, and personal financial information. It's essential to understand all the eligibility criteria before applying for a loan so you can assess if you meet the lender's requirements.

Can you get a business loan with no cash in Houston, TX?

Getting a business loan with no cash in San Antonio, TX, can take time and effort. Most lenders ask for some form of collateral or a down payment to reduce their risk if the borrower defaults.

However, some options may be available to you. For example, you could look into small business loans specifically designed for startups and entrepreneurs with little cash. Some lenders may also be willing to work with you if you have a solid business plan and a good credit score.

Alternatively, consider crowdfunding or finding investors willing to invest in your business. This can be more challenging, but it may be possible if you have a compelling business idea and can effectively communicate your vision to potential investors.

Ultimately, it's important to research and explore all your options regarding getting a business loan with no cash in San Antonio, TX. Working with a financial advisor or consulting with a business organization may also be helpful.

What are the easiest business loans to get approved for in Houston, TX?

The easiest business loans to get approved for in Houston, TX, will depend on various factors, such as your credit score, the amount of funding you need, and your business type. Here are some fast business loan options you may want to consider:

  1. Business Lines of Credit - A business line of credit is a loan that allows you to borrow money up to a certain limit. You only pay interest on the amount you borrow, making it a flexible and convenient option for businesses needing access to cash quickly.
  2. Invoice Financing - If your business has outstanding invoices, you can get approved for invoice factoring. This involves selling your invoices to a third-party company for cash upfront.
  3. Equipment Financing - If your business needs new equipment, you can get financing specifically. This type of loan is secured by the equipment, making it easier to get approved.

It's essential to do your research and compare the options available to you to find the easiest business loan for your specific needs and situation. Working with a financial advisor or consulting with a business organization in Houston may also be helpful.

What is the smartest way to get a loan in Houston, TX?

The smartest way to get a loan in Houston, TX, is to be well-informed and prepared to shop for the best deal. Here are some tips:

  1. Understand Your Needs - Make sure you understand exactly how much money you need, how you plan to use it, and what kind of repayment terms you can afford.
  2. Review Your Credit Score - Your credit score plays a huge role in whether or not you can get approved for a loan and what kind of interest rate you'll be offered. Check your credit score ahead of time and work to improve it if necessary.
  3. Research Your Options - Many different types of loans are available, and each lender may have other requirements and terms. Research the different types of loans available, and compare interest rates, fees, and repayment terms from different lenders.
  4. Shop Around - Don't settle for the first business loan offer you receive. Shop around and compare loan options from different lenders to find the best deal for your needs.
  5. Prepare Your Application - Once you've found a loan you're interested in, make sure you have all the necessary documentation and information ready to complete your application, including financial statements, tax returns, and other supporting documents.

By following these steps, you can increase your chances of getting approved for a loan in Houston, TX, and find a loan that meets your needs at a competitive rate.

 

What is the fastest way to get a loan approved in Houston, TX?

The fastest way to get a loan approved in Houston, TX, is to work with online lenders that offer fast or same-day business loans. At SMB Compass, we provide instant business loans that help you get the funds you need within 24 hours.