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: up to 6 years
  • 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

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
  • Not a home-based business
  • 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

Please note that SmartLoan proceeds cannot be used for payment of back taxes owed; settlements of lawsuits, trade disputes, fines, or penalties; or personal, non-business uses.

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

Pursuit SmartLoan: Frequently Asked Questions (FAQs)

The SmartLoan is an affordable, responsible, and flexible loan option for small business owners. The SmartLoan is different from other loans in that it has an efficient application process so that your small business can be approved and funded as soon as 5 business days! The SmartLoan also varies from other loans with its affordable monthly payments, no prepayment penalty, and flexibility for businesses of all shapes and sizes. You can also use the Pursuit SmartLoan for nearly any business purpose such as refinancing high-cost debt, construction and operating costs, equipment and technology, and much more!

You can start an application online or call 1-866-466-9232 between 9am and 5pm EST to speak with a representative. For a smooth and efficient loan application process, get prepared with these six essential steps. 

After you submit your loan application, Pursuit reviews your application and sends a decision within two business days. You can expect funds disbursed within 5 business days of approval.

The Pursuit SmartLoan is administered by Pursuit Community Finance

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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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