IOU Financial

IOU Financial is a national nonbank lender that has been financing small businesses since 2009, deploying over $1.5 billion across more than eleven thousand loans. It serves a broad range of industries — including medical and dental practices, retail, restaurants, hotel franchisees, and e-commerce companies — with financing from $15,000 up to $1.5 million. Its technology-driven application process emphasizes day-to-day cash flow over traditional credit metrics, with funding available within 24 hours in most cases. Products include term loans, lines of credit, bridge loans, and expansion capital. To qualify, you'll generally need at least one year in business, a 600 credit score, and $30,000 in monthly revenue. With nearly 1,000 borrower reviews skewing strongly positive, IOU Financial has built a solid reputation among the small businesses it serves. A good fit if you need fast growth capital without the friction of traditional bank underwriting.