$400,000 Business Loans: Compare Options & Rates in 2026
Compare lenders offering $400K business loans — SBA programs, bank loans, and online marketplaces.
Get your rate in minutes
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No credit score impact
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Borrow up to $500,000+
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$400,000 Business Loans
A $400,000 business loan is a substantial commitment typically used for commercial real estate purchases, major equipment, business acquisitions, or large-scale expansion. SBA loans offer the best rates at this amount while lending marketplaces provide faster access to multiple options.
Compare the best lenders for $400K business loans below.
Best Lenders for $400K Business Loans
| Lender | Product | Max amount | Min. credit | Funding |
| Lendio | Marketplace | $5,000,000 | Varies | Varies |
| SmartBiz | SBA 7(a) | $5,000,000 | 675 | 4-8 weeks |
| Bluevine | Line of credit | $250,000 | 625 | Same day |
| OnDeck | Term loan / LOC | $250,000 | 625 | Same day |
| Fundbox | Line of credit | $150,000 | 600 | Next day |
| Kabbage (Amex) | Line of credit | $150,000 | 640 | Minutes |
How to Qualify for a $400K Business Loan
At this loan size, expect thorough underwriting. Lenders want 2+ years in business, $400,000+ annual revenue, 660+ personal credit, strong profit margins and cash flow, and collateral for secured loans.
Best Loan Types for $400K
SBA 7(a) Loans
Loans up to $5M with rates of 10.75-13.5% and terms up to 25 years. The lowest cost option for $400K. SmartBiz streamlines the application.
Conventional Bank Loans
Banks offer competitive rates (7-13%) for well-established businesses. Longer approval process but potentially lower rates than SBA for strong applicants.
Lending Marketplaces
Lendio matches you with 75+ lenders. Compare multiple offers from one application.
Monthly Payment Estimates
At 10% over 10 years: ~$5,288/month. At 12% over 7 years: ~$7,056/month. At 8% over 25 years (SBA): ~$3,088/month.
Frequently Asked Questions
What credit score for $400K?
Most require 660+. SBA needs 675+. Banks prefer 700+.
Can I get $400K without collateral?
Very difficult at this amount. Most lenders require collateral or a personal guarantee.
How long to get funded?
SBA: 4-8 weeks. Bank: 4-12 weeks. Online marketplace: 1-3 weeks depending on lender.
Lendio
- Marketplace: 75+ lenders
- Loans up to $5,000,000
- One application, multiple offers
Lendio connects you with multiple lenders through a single application.
SmartBiz
- SBA loans up to $5,000,000
- Rates from 10.75%
- Min. credit: 675
SmartBiz streamlines SBA loan applications for the lowest available rates.
Bluevine
- Line of credit up to $250,000
- As low as 7.80%
- Same-day funding
Bluevine offers fast business lines of credit with same-day draws.
OnDeck
- Loans up to $250,000
- Term loans and lines of credit
- Same-day funding
OnDeck offers same-day funding on term loans for established businesses.