QuickBridge Small Business Loans Review

About QuickBridge


Founded in 2011, QuickBridge is the brainchild of innovators in the business lending field who noticed that amazing companies, through no fault of their own, couldn’t access working capital through the usual sources. We set out to fix what was broken in the industry: no more mountains of paperwork, long delays, or bait-and-switch offers that weren’t in the best interest of the business. We have made the application process easier, which makes approvals faster—instead of waiting weeks to obtain much-needed financing, our customers can receive funding in just a few days. We have shaped a culture of fierce transparency, unrelenting professionalism and unwavering dedication to providing the highest levels of service. At QuickBridge, our goal is to be an extension of customers’ businesses—becoming an integral part of why they grow and thrive. As a result, more than 84 percent of our repeat customers see their business revenues improve.

review breakdown

Interest Rates
Fees & Closing Cost
Customer Service

What they're saying about QuickBridge

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What is QuickBridge?

Founded in 2011, QuickBridge is a privately-held financial services firm based in Irvine, Calif., and with an office in New York City. QuickBridge provides short-term working capital loans for small and mid-sized businesses. QuickBridge’s basic tenets are speed, transparency, authenticity and service. The company has provided more than 20,000 loans totaling over $500 million. Its loan-processing platform won a 2016 BIG Innovation award from the Business Intelligence Group.

Lender highlights

Fast approval. QuickBridge has its own loan-processing platform that can process and fund a loan in as few as 24 hours. This is significantly quicker than traditional banks, which can take several weeks to several months to approve a loan.

Variety of loan options. QuickBridge offers working capital loans and equipment financing, allowing borrowers to cover a range of business needs.

Poor credit is not a deal-breaker. A low credit score and poor credit history is a disqualifier for many traditional bank loans, but QuickBridge weighs other factors such as healthy cash flow and debt repayment history in approving a loan.

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What QuickBridge offers?

QuickBridge offers small and mid-sized businesses short-term loan options with flexible funding up to $500,000. Repayment terms span four to 12 months with daily, weekly, biweekly and monthly repayment options. Most loans come with an origination fee that covers the cost of loan processing and accounts for approximately 2% of the total loan amount.

QuickBridge: At a glance
Loan product Loan amount Loan term Fees Time to funding
Working capital loan $5,000 to $500,000 4 to 12 months 2% Origination fee As few as 24 hours
Equipment financing Up to $500,000 4 to 84 months Minimum 7% fee As few as 24 hours

Loan information current as of 11/22/2019


Eligibility requirements

Revenue Min. personal credit score Time in business
$5,000 in monthly revenue 500 personal credit score 6 months


Additional eligibility factors

QuickBridge serves the following industries: auto repair, business services (including management or technical consulting; financial, accounting or legal services; computer and web programming; advertising and marketing services), construction, general contractors, healthcare, insurance services, manufacturing, real estate agencies, restaurants, transportation, trucking and wholesale trade.

QuickBridge generally doesn’t require a specific asset pledge, when a borrower’s asset is transferred to the lender to secure the loan. But the lender does require a personal guarantee, an unsecured written promise from a business owner guaranteeing payment if the business fails to repay the loan. A personal guarantee allows the lender to pursue a business owner’s personal assets to repay the loan, but doesn’t place a lien on those assets.

In some cases, QuickBridge will file a Uniform Commercial Code 1 form (UCC-1). These forms are filed by the creditor to indicate that they may have an interest in the personal property of the business owner. This should be explained in the lending agreement.

Businesses that are not eligible for QuickBridge loans:

  • Check cashing
  • Collection agencies
  • Credit repair
  • Financial transaction processing
  • Gaming and gambling
  • Investments/MLM
  • Lawyers/attorneys
  • Lenders
  • Precious metal and coin sales
  • Security dealers
  • Nonprofits
  • Religious organizations
  • Bail bonds
  • Pawn shops
  • Adult related
  • Drug dispensaries
  • Auto dealers

Businesses in open bankruptcy, those operating for fewer than six months, and/or those operated by owners with a personal credit score of less than 500 are not usually eligible for loans.

How to apply for QuickBridge financing

The QuickBridge application can be completed online or by phone. The required documents to apply include:

  • Tax ID number (EIN)
  • Three most-recent months of business bank statements
  • Driver’s license


Pros Cons
Fast approval and time to funding. Certain industries are not eligible.
Multiple short-term financing options. Startup financing not available.
Relatively lenient approval criteria. Long repayment terms not offered.

Who is the best fit?

QuickBridge is a good fit for business owners who need quick, easily accessible short-term funding. Business owners who may ordinarily not qualify for a traditional bank loan because of poor credit or being in business for a short time also could benefit from QuickBridge’s loan approval process.

Fine print

Rates not advertised online. QuickBridge rates depend on many factors, including personal credit scores, funding type and amount. QuickBridge explains each of its business loans on its website, but individual rates and terms are not listed for its loans.

Personal assets on the line. It’s important to remember that QuickBridge requires a personal guarantee of repayment from the business owner if the business does not pay. A lender can pursue a business owner’s personal assets if the business fails to repay the loan.

The bottom line: How QuickBridge stacks up

QuickBridge’s short-term loan options allow business owners quick funding with a streamlined application process. QuickBridge can be a good option for newer businesses without much credit history, business owners with poor credit, or owners who don’t want to take on long-term debt.

As with any loan, make sure you understand how much you’re expected to repay, how often you’re required to make payments and what happens if you default on the loan your personal assets in case of default. Always call your lender first if you think you won’t be able to make a payment.

Before selecting, do your homework and get proposals from several lenders to make sure you’re getting your best rate and terms on your small business loan.

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