Capital One Business Loans

Capital One business loans are best for:

• Established businesses. Your business has to be at least two years old to qualify for most Capital One loans.
• Existing Capital One business customers. You must have a Capital One business checking account to take out a business loan with Capital One. If you don’t already have a Capital One business account, you can sign up for one to apply for a loan.
• Business owners who value a personalized loan experience. Borrowers get access to a dedicated banking associate that helps explore loan options.

Capital One business loans may not be a good fit for:

• New businesses. Capital One looks for businesses to have several years of business history unless you’re applying for an SBA loan.
• Business owners who don’t live near a Capital One branch. You have to apply for loans at a physical branch, and that might not be possible if you don’t live near one.
• Business owners who want a remote application process. Capital One doesn’t share starting rates for its business loans online or offer prequalification to check rates and review offers without visiting a branch.

Capital One offers business installment loans, lines of credit, real estate loans, equipment financing and SBA loans. Below is a rundown of the details available for each loan type:

Business Installment Loan

Business Line of Credit

Commercial Real Estate Loan

SBA 504 Loan

SBA 7(a) Loan

Capital One and other lenders consider many factors when deciding whether to approve or deny you for a business loan. Typically, this includes your personal credit history and financial information about your business, like annual revenue and how long you’ve been operating.

Additionally, Capital One requires that you have a Capital One business bank account to take out one of its loans; you can set up a bank account to become eligible. Aside from this, Capital One shares limited details publicly about eligibility requirements for its small business loans. Below are general guidelines of what’s required for most small business loans mixed in with the few requirements Capital One shares online about its products.

Personal Credit Score

Capital One doesn’t list the minimum credit score for business loans but does state that personal credit and business credit may both be reviewed to determine if you qualify and for what interest rate. Borrowers usually have the best shot at qualifying for a traditional business loan with a credit score of 680 or better on the FICO scale.

Time in Business

For most loans, Capital One requires at least two years in business.

Capital One SBA loans don’t have a time in business requirement, so you could apply for SBA funding if you’re running a newer business. However, SBA loans from Capital One are hard to come by. In 2022, the bank only approved 26 of the 47,678 SBA 7(a) loans that were approved nationwide.

Annual Revenue Requirements

Annual revenue requirements for most small business loans aren’t disclosed by Capital One either, but it shares revenue caps for SBA 7(a) loans. In order to qualify for an SBA 7(a) loan, your business can’t have a net worth that’s greater than $15 million, and your business’s average after-tax net income over two years can’t be greater than $5 million.

Capital One doesn’t have an online application form at the moment, but the act of applying in person could be a boon for business owners who enjoy a bit of white glove service when borrowing money. Here are the steps to taking out a Capital One business loan:

1. Gather financial documents. You may be asked for documents like your business plan, tax returns and financial statements when applying for a loan. Gathering this information before visiting a branch can help the banker determine which loan options will fit your needs.
2. Fill out the information request form. On Capital One’s small business lending page, there’s a “let’s connect” button you can use to submit your phone number and email address to get into contact with a representative about loans.
3. Visit a branch to apply. The rest of the business loan process happens at a Capital One location, where you’ll explore loan products with the help of a business banker.
4. Provide proof of collateral if necessary. Certain Capital One business products may require a deposit or collateral to back the loan.
5. Review loan terms. The interest rate, terms and repayment schedule of the loan will be shown to you before you sign off. This is an important step to ensure you understand long-term costs and confirm payments will be manageable for your business.