The Business Backer

Learn more about The Business Backer business loans with key information, loan options, and frequently asked questions.

Updated on December 11th, 2019

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The Business Backer provides commercial loans and funding sources to small business owners. Loans include cash advances, business lines of credit, and small business loans.

Loan Amounts and Terms:

Loan Type

Max Amount

Term

Cash Advance

Up to $200,000

Daily, weekly, and semi-monthly payment options.

Small Business Loan

Up to $200,000

4 – 18 months.

Business Lines of Credit

Up to $100,000

12, 18 or 24 months.

The Business Backer
Review:

Pros: Up to $200,000 loan amounts, easy to apply for additional funding, good repayment terms, and no early payoff payments for business lines of credit and business loans.

Cons: To qualify, you must have a revenue of $180,000 or more and have been in business for at least 12 months.

Bottomline: Great option for small business owners looking to gain access to capital to start and grow a business.

Key Information:

Founder

Scott Avera

Founded

2007

Headquarters

Cincinnati, Ohio

Number of Employees

51-200

Address

10856 Reed Hartman Highway, Suite 100, Cincinnati, OH 45242

Phone number

1 (866) 615-4747

Website

www.businessbacker.com/small-business-loans

Reviews:

Source

Review

Mike Frey - facebook.com

TBB is putting a face on small business lending.

FAQs:

Does The Business Backer have an application fee?

No. The Business Backer does not charge an application fee. If they are unable to fund you, there are no fees or additional strings attached.

See The Business Backer's loan amounts and terms.

How quickly will The Business Backer approve my financing?

The Business Backer states that once all your documents and information are in order, and you have accepted their offer of funding, typical closing times are only a few business days. Your funds may be delivered within one business day after documentation is approved.

What is The Business Backer's interest rate?

The Business Backer’s rates are made on an individual basis and will be determined as your business moves through the application process.