Do I Qualify?

Many small businesses that have had difficulty borrowing from traditional banking sources have been funded through EGF. With flexible rates and terms, EGF makes it possible to secure the capital a small business owner needs in order to grow—fast. If you have break-even or positive cash flow and can demonstrate a history of paying your business obligations (including debts and taxes), you are a good candidate for an EGF loan.

Primary Criteria: EGF SmartLoan™ Automatic Approval

The following requirements are the primary criteria for automatic approval for the EGF SmartLoanTM, an online loan up to $100,000 that can be disbursed in 5 business days. We do approve loans for businesses that do not meet all or some of these requirements.

  • Two or more years in business
  • Two or more employees
  • Operating at break-even or positive cash flow
  • An average credit score of 640 or above
  • More than $120,000 in annual revenue
  • No liens or judgments filed within the past 3 years
  • No prior bankruptcy for the owners and business

Apply now for a loan

If you do not currently have strong cash flow or need to strengthen your credit history, learn how our business advisory services can help you become loan-ready and meet your financing goals. 


Please note: Businesses operating in a sin industry and any business that is engaged in lending, investments, financing, factoring, or other money service business, as determined by the Lender, is Ineligible for EGF loan programs. This includes, but is not limited to, banks, life insurance companies, finance companies, factoring companies, ATM providers, currency dealers, issuers/sellers/redeemers of  traveler’s checks or other stored value, investment companies, bail bond companies, and any other businesses whose primary stock in trade is money.