Small business loans

To get started, you’ll complete an online questionnaire to determine your business’s eligibility. Your application may take a bit longer if your identity can’t be automatically verified.

Once you finish the questionnaire, you can explore estimated loan terms by adjusting the loan amount and duration to compare the cost of financing.

After selecting your preferred terms and completing your application, if approved, you’ll be asked to electronically sign a contract that includes bank instructions so payments can be debited weekly from your business checking account.

Answering questions and evaluating different estimated loan terms will not affect your consumer credit score. Accepting an approved loan offer will trigger credit checks and other public record checks, which may impact your consumer credit score.

PayPal Business Loan has weekly payments that are withdrawn from your business's bank account automatically. You provide account information and select your preferred payment day when you sign the loan contract. Automatic repayment will occur weekly on a day you choose. You won’t be able to adjust how often a payment is made.

Yes, you can make a one-time payment or even pay your loan in full using a valid business bank account. There is no early repayment fee. Simply log in to your PayPal Business Loan portal account and select the “One-Time Payment” tab from the top menu to set up your payment.

If your outstanding business loan balance is less than your scheduled one-time payment, your one-time payment will systematically adjust to ensure you do not overpay.

Consistent on-time payments will be reported and could help improve your business credit profile over time.

No. PayPal Business Loan is currently unavailable to businesses located in North Dakota and South Dakota. Please continue to check back to see if PayPal Business Loan becomes available in your state.