The 11 best business loan on mobile Android, iPhone

If you're looking for a business loan, there are a number of great options available on mobile. Some of the best include Numida, SoLo Funds, and Lenme. These apps make it easy to apply for a loan, get approved, and receive funding quickly.

Numida, SoLo Funds, and Lenme are just a few of the many great options available for business loans on mobile.

App Logo Available On Reviews Downloads Features
1. Numida Numida Icon Android 3.8/5 933K+ Fast business loans, No security required, Financial insights
2. SoLo Funds SoLo Funds Icon Android, iOS 4.3/5 450K+ Access up to $575, Earn money helping others, No credit checks
3. Lenme Lenme Icon Android, iOS 4.2/5 270K+ No credit score required, 3-minute loan request, Thousands of competing investors
4. Nav Business Financial Health Nav Business Financial Health Icon Android, iOS 4.9/5 249K+ Credit health tracking, Cash flow insights, Lending and credit card matching
5. FairMoney Business FairMoney Business Icon Android, iOS 4/5 130K+ Zero account maintenance fee, Unlimited free transfers
6. Lendtek Lendtek Icon Android, iOS 4.9/5 92K+ Instant lender matching, Free and simple process, No impact on credit score
7. Skip Skip Icon Android, iOS 4.8/5 91K+ Automatic grant application, AI-powered Q&A, Personalized funding dashboard
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1. Numida

Numida Icon

Quick loan approval, No security required, Financial insights


Cost: Starter (Free), Boost (Paid)

Numida is a business loan app that provides quick and easy access to funding for businesses. With a user-friendly interface and excellent customer service, Numida makes it easy to get the financing you need to grow your business.

The app offers competitive interest rates and flexible repayment options, making it a great choice for businesses of all sizes. Numida also provides helpful tools to track your business finances and make informed decisions about your borrowing. With Numida, you can get the funding you need to take your business to the next level.

Download:

Android

Application information:

Downloads Over 500,000 downloads
Features Provides unsecured business loans, financial management tools, and business insights to help small businesses in Africa grow.
Pros Easy application, fast loan disbursement, transparent fees.
Cons Limited availability (currently only operates in a few African countries), requires a business history to qualify for a loan.
Numida - Fast business loans, No security required, Financial insights
  • Tags:
  • Fast and convenient
  • No security required
  • Increase loan limit

✨ Read more: app for collecting money

2. SoLo Funds

SoLo Funds Icon

No credit checks, Borrow up to $575, Earn money while helping


Cost: SoLo Free (Free), SoLo Plus ($2.99/month or $23.99/year)

SoLo Funds is a business loan app that makes it easy for small businesses to get the financing they need. With SoLo Funds, you can borrow up to $100,000 in just minutes, without having to go through a bank. The app uses Plaid to connect to your bank account, so you can get your loan funded quickly and easily.

SoLo Funds is a great option for small businesses that need a quick and easy way to get financing. The app is easy to use and the loan process is quick and painless. However, some users have reported that the app has been experiencing some issues since a recent update. These issues include being unable to log in, having problems connecting to bank accounts, and delays in funding. If you are considering using SoLo Funds, be aware of these issues and make sure that the app is working properly before you apply for a loan.

Download:

Android iOS

Application information:

Downloads Over 500,000 downloads
Features Peer-to-peer lending platform for small loans, offering flexible terms and community support.
Pros Easy to use, quick funding, helps build credit.
Cons High interest rates, limited loan amounts, potential for scams or defaults.
SoLo Funds - Access up to $575, Earn money helping others, No credit checks
  • Tags:
  • No Credit Checks
  • Earn money helping others
  • Access up to $575

✨ Read more: app for instant small loan

3. Lenme

Lenme Icon

No credit score required, 3-minute loan request, Passive income generation


Cost: Free (Free), Pro (Paid)

Lenme is an innovative business loan app that streamlines the borrowing and lending process. It empowers businesses to access funding quickly and efficiently, enabling them to seize opportunities and overcome financial hurdles. With its user-friendly interface and straightforward application process, Lenme makes it easy for businesses of all sizes to secure the capital they need to thrive.

Despite its strengths, Lenme acknowledges areas for improvement. The app's occasional technical glitches, such as connectivity issues with certain banks, can be frustrating. Additionally, the inability to cancel loan applications before receiving an offer can cause inconvenience. The Lenme team is actively addressing these issues, demonstrating their commitment to providing a seamless user experience.

Download:

Android iOS

Application information:

Downloads Over 100,000 downloads
Features Lenme is a peer-to-peer lending platform that allows users to borrow and lend money to each other, set their own rates, and access various loan options.
Pros Easy application process, fast funding, competitive interest rates.
Cons Potential for borrowers to default on loans, limited customer support, and origination fees may apply.
Lenme - No credit score required, 3-minute loan request, Thousands of competing investors
  • Tags:
  • Quick and easy loans
  • No credit score required
  • Earn passive income

✨ Read more: app for checking bank balance

4. Nav Business Financial Health

Nav Business Financial Health Icon

Business credit monitoring, Cash flow tracking, Loan and credit card matching


Cost: Free (Free), Business Boost ($49.99/month)

Introducing Nav Business Financial Health - the ultimate mobile app for small business owners seeking financial clarity and growth opportunities. With an intuitive interface and powerful features, this app empowers you to stay on top of your business finances anytime, anywhere.

Despite occasional navigation challenges on the app, users consistently praise its clean design and digestible information presentation. Nav's commitment to small business support shines through, providing invaluable insights and access to funding options. However, recent updates have introduced some glitches that need to be addressed, as they can hinder the seamless user experience.

Download:

Android iOS

Application information:

Downloads Over 200,000
Features Provides business credit scores, personalized financing options, cash flow insights, and tools to help improve creditworthiness.
Pros Easy to use, free to access basic features, offers valuable business insights.
Cons Limited functionality in the free version, requires a paid subscription for full access to features and reports.
Nav Business Financial Health - Credit health tracking, Cash flow insights, Lending and credit card matching
  • Tags:
  • Credit monitoring
  • Cash Flow Tracking
  • Financing Access

✨ Read more: app for business management

5. FairMoney Business

FairMoney Business Icon

Quick loans, Easy repayment, No collateral


Cost: Free Plan (Free), Premium Plan (Contact FairMoney Business for pricing)

In the realm of business loans, FairMoney Business stands out as a beacon of financial empowerment for merchants. With its user-friendly interface, lightning-fast loan approvals, and flexible repayment options, this mobile app is revolutionizing the way businesses access capital. From expanding inventory to covering operating expenses, FairMoney Business provides the financial assistance businesses need to thrive.

Despite its overall excellence, the app has encountered some technical glitches that have hindered its seamless operation for some users. FairMoney's team of experts is diligently working behind the scenes to resolve these issues, ensuring that merchants can continue to rely on the app for their financial needs. The company's commitment to customer satisfaction is evident in its responsiveness to feedback and its unwavering efforts to enhance the app's performance.

Download:

Android iOS

Application information:

Downloads Over 100,000 downloads
Features Provides a business account, access to loans, capital management, expense tracking, and financial insights.
Pros Easy to use, quick access to loans, helps manage business finances.
Cons Limited loan amounts, potential for high interest rates, requires sharing financial data.
FairMoney Business - Zero account maintenance fee, Unlimited free transfers
  • Tags:
  • Easy Account Opening
  • Quick and seamless transactions
  • Competitive transaction fees

✨ Read more: app based business bank account

6. Lendtek

Lendtek Icon

Free loan matching, Compare multiple options, No impact on credit score


Cost: Free to Download (Free), Standard Subscription ($9.99/month)

Lendtek is a business loan app that can help businesses get out of a financial hole. It's easy to navigate and provides a quick approval process. Lendtek doesn't charge broker fees, which can save businesses money.

One user said that Lendtek "saved my life and my company." Another user said that they were "very helpful and gave me the help I needed going above and beyond." Lendtek is a great option for businesses that need financing.

Download:

Android iOS

Application information:

Downloads Over 90,000
Features Connects borrowers with multiple lenders, offers loan comparison tools, provides personalized rate quotes, and facilitates online applications.
Pros Saves time, simplifies loan shopping, and potentially secures lower interest rates.
Cons May require sharing personal information with multiple lenders, limited lender network, not all loan types may be available.
Lendtek - Instant lender matching, Free and simple process, No impact on credit score
  • Tags:
  • Fast and easy application
  • Free to use
  • No impact on credit score

7. Skip

Skip Icon

Auto apply for grants, Ask Skip AI questions, Track funding opportunities


Cost: Skip Free (Free), Skip Premium (Paid)

Skip, a renowned business loan app, has emerged as a beacon of hope for entrepreneurs seeking financial assistance. With its user-friendly interface and comprehensive database of funding options, Skip empowers business owners to discover grants and financing tailored to their specific needs. Despite minor technical hiccups that have since been resolved, Skip's unwavering commitment to providing accurate and up-to-date information has earned it widespread acclaim.

Entrepreneurs have praised Skip's exceptional customer support, with the app's developers promptly addressing any issues that arise. The app's versatility extends to its YouTube channel, where users can access daily updates and in-depth explanations of complex business concepts. Skip's generous offering of free content, coupled with its commitment to data privacy, sets it apart as a truly invaluable resource for small business owners.

Download:

Android iOS

Application information:

Downloads Over 100,000 downloads
Features Skip the Dishes is a food delivery service that allows users to order food from local restaurants and have it delivered to their door.
Pros Convenient, wide selection of restaurants, easy to use.
Cons Can be expensive due to delivery fees and service charges, occasional long wait times.
Skip - Automatic grant application, AI-powered Q&A, Personalized funding dashboard
  • Tags:
  • Automated Grant Applications
  • AI-Powered Business Advice
  • Personalized Funding Matches

8. Fundbox

Fundbox Icon

Fast credit access, Easy loan management, Automated repayments


Cost: Fundbox Flex (Free to apply), Fundbox Line of Credit (Paid (fees vary))

Fundbox is a business loan app that provides small businesses with fast and easy access to capital. It's a great option for businesses that need to cover unexpected expenses, purchase inventory, or hire new employees. Fundbox uses your business history to determine how much you can borrow, and as your business grows, so does the amount you can access.

One of the best things about Fundbox is that it's incredibly easy to use. You can apply for a loan in just a few minutes, and you'll receive a decision within 24 hours. If you're approved, you'll have access to your funds within days. Fundbox also has excellent customer service, so you can be sure that you'll be taken care of if you have any questions or problems.

Download:

Android iOS

Application information:

Downloads Over 100,000 downloads
Features Fundbox offers business credit and financial tools like line of credit, term loan, net terms, payments, and cash flow analytics.
Pros Fast funding, easy application process, and transparent fees.
Cons High borrowing costs, potential for short repayment terms, and may require frequent payments.
Fundbox - Faster access to credit, Easy and secure login, Smarter notifications
  • Tags:
  • Fast and convenient
  • Easy and secure
  • Flexible and affordable

9. Lending Business Manager

Lending Business Manager Icon

Manage borrowers, Track loans, Generate reports


Cost: Free (Free), Paid ($4.99 per month)

Introducing Lending Business Manager, the ultimate mobile app for managing your business loans with precision and ease. Say goodbye to manual calculations and spreadsheets, and embrace a digital ledger that simplifies your lending operations. With its intuitive interface and powerful features, this app empowers you to track loans, calculate interest, and generate insightful reports, all at your fingertips.

Lending Business Manager is not just an app; it's your trusted financial companion, ensuring that your lending business thrives. Whether you're a seasoned lender or just starting out, this app has everything you need to manage your loans effectively. Experience the convenience of digital lending and transform your business with Lending Business Manager today!

Download:

Android iOS

Application information:

Downloads Over 29,000 downloads
Features Manage clients, loans, repayments, generate reports, track agents, and handle savings & expenses.
Pros User-friendly, comprehensive features, insightful reporting.
Cons Limited customer support options, occasional bugs reported, and some desired features missing.
Lending Business Manager - Easy EMI calculation, Digital ledger, Manage multiple loans
  • Tags:
  • Easy Loan Tracking
  • Automated EMI reminders
  • Flexible repayment options

10. Kredmint

Kredmint Icon

Quick business loans, No collateral required, 100+ cities covered


Cost: Free Plan (Free), Premium Plan (Paid)

In today's fast-paced business environment, access to quick and hassle-free financing is crucial. Kredmint, a leading mobile-based business loan provider in India, understands this need and offers a seamless solution for businesses seeking financial support. With its user-friendly interface and streamlined application process, Kredmint empowers businesses to secure loans without the need for collateral.

As aptly described by a satisfied user, Kredmint's onboarding process is incredibly smooth, allowing businesses to get started in just three simple steps. The intuitive interface and seamless repayment flow make managing loans a breeze. Kredmint's commitment to providing affordable financing and eliminating manual processes has earned it praise for its user-friendly approach and dedication to supporting businesses in need of working capital.

Download:

Android iOS

Application information:

Downloads Over 10,000+
Features Offers collateral-free business loans up to ₹5 lakhs, provides a credit line with flexible repayment options, and features a quick and easy online application process.
Pros Fast approval, minimal documentation, competitive interest rates.
Cons Limited loan amount, may require a strong credit history, not available in all areas.
Kredmint - Quick business loans, No collateral required, Up to ₹100 lacs
  • Tags:
  • Quick business loans
  • No collateral required
  • Easy online application

11. Business Loans

Business Loans Icon

Hassle-free loan application, Completely digital process, Affordable loan interest rates


Cost: Free (Free), businessloans pro ($3.99)

Business Loans is a reliable and easy-to-use app that makes it simple to apply for a loan. With its straightforward process and personalized service, Business Loans has earned a reputation for being a trusted partner for businesses in need of financial assistance.

Despite some minor display issues on certain devices, Business Loans remains a valuable tool for business owners. The app's intuitive interface and commitment to customer satisfaction make it an excellent choice for those seeking a convenient and efficient way to access funding.

Download:

Android iOS

Application information:

Downloads 1.7K+
Features Provides a platform to browse, compare, and apply for various business loans from different lenders.
Pros Convenient loan comparison and application process.
Cons Limited lender options, potential for high interest rates, and possible data privacy concerns.
Business Loans - Easy loan application, Quick loan approval, Low interest rates
  • Tags:
  • Quick and Easy Application
  • Low Interest Rates
  • Completely Digital Process