SmartLoan: Fast and Affordable Online Business Loan

A fast funding option for established businesses that’s affordable, responsible, and flexible

When your business needs a fast small business loan, there’s no time to waste. You need an application process that’s efficient, a loan with flexible terms and team of lending experts that has your best interest in mind. That’s where the Pursuit SmartLoan comes in.

Businesses of all shapes and sizes have used the SmartLoan to set themselves up for the future. From small retail shops that need to quickly restock inventory, to manufacturing businesses that just secured a contract, anyone can use the SmartLoan to meet their goals. And, with no prepayment penalty, you can get funded now and pay it back as quickly as you want.

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Approved loans funded in one week

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Affordable monthly payments

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No prepayment penalty

What is the SmartLoan?

The SmartLoan provides fast small business loans with flexible terms. Through this program, you can access up to $100,000 in funding at a fixed interest rate with affordable monthly payments. You can apply online for the SmartLoan and be funded in as soon as five business days.

Pursuit SmartLoan details

  • Loan amount: $10,000 to $100,000
  • Interest rate: capped at 11.9%
  • Term: 5 years with a 10 year amortization*
  • Fees: 5% commitment fee, which is financed into your loan
  • Decision sent within two business days of submitting a complete loan application (including all required documentation)
  • Time to funding: within 5 business days of approval

*The SmartLoan has a 5 year term with a 10 year amortization in order to keep your monthly payments low. This means that the monthly payment amount is calculated as if the loan has a term of 10 years. At the end of the 5 year term, your loan will reach its maturity, but still has a balance remaining. You can work with us to refinance the balance into a new loan, or you can also choose to pay the remaining balance.

Is the Pursuit SmartLoan right for me?


With the Pursuit SmartLoan, you’ll find business loan requirements that increase your odds of approval, even if you haven’t qualified with another lender. If you meet the following requirements, you will be automatically approved for a SmartLoan:

  • Must be in business for two or more years
  • Business has at least two employees
  • Cash flow is positive or break-even
  • A personal credit score of 640 or higher
  • Annual revenue is more than $120,000
  • Business and owner have not had any tax liens or judgements filed within the last 3 years
  • No prior bankruptcies for you or your business

If you or your business don’t meet some of these requirements, you could still qualify with Pursuit. We encourage you to submit a small business loan application and work with our team to determine which loan is right for you, or if you qualify for free advisory services to strengthen your business for future financing.

Please note that we do not lend to money-service businesses; ‘passive’ businesses engaged in owning, purchasing, leasing, or re-selling real estate or other assets; or those operating in sin industries.

What can you use the Pursuit SmartLoan for?


You can use a SmartLoan for nearly any business purpose. Many business owners have successfully used it to support immediate financing needs, like holiday inventory or covering the cost of starting work on a contract. It can also be used to consolidate or refinance high-cost business debt, to support expansion to new locations for your business, or for a working capital boost during your slow season. The SmartLoan is a great financing solution for:

  • Working capital
  • Equipment purchase
  • Technology upgrades
  • Debt refinance
  • Leasehold improvements
  • And more

You’ll always find a responsible and affordable option in the SmartLoan. Learn how other business owners have used this loan program to grow their businesses:

The Pursuit SmartLoan is administered by Pursuit Community Finance

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Get started

Ready to fund your dream? Learn more about our small business loan application process and get started today.

Find the right loan for your business today

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Get the business insights and answers you need to navigate your business loan options.
By clicking the button above, you agree to our terms and conditions.

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