How long does it take to get a business loan?

You will be looking at two timelines: the duration of approval for your application and the time it will take to receive the funds. How long it takes to be approved will be longer, and it will depend on your application and the type of loan you have applied for. 

You could be looking at 30-60 days, but periods can vary from lender to lender. You should, therefore, speak to your lender to determine when you will receive your funds in the event of a business emergency.

Read other Q&As

• How much can I borrow for a business loan?
• What affect the business loan interest rate?
• What are the different types of business loans to consider?
• What can I use my business loan for?
• What fees can I expect to pay when getting a business loan?