How long does it take to get a business consolidation loan?

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How long does it take to get a business consolidation loan?

The amount of time it will take to get a business consolidation loan can depend on which business financing option the borrower uses. 

 

It typically takes up to 90 days to obtain approval for a traditional business consolidation loan and 60-90 days to get approved for an SBA loan. 

 

However, non-bank financing lenders provide a much quicker timeline. Companies can apply for a business consolidation loan from non-bank lenders and receive their funds within a day if they provide all the required documentation.

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