LoanBuilder, A PayPal Service Small Business Loans Review

Rating: 9.3 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. 
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LoanBuilder, A PayPal Service is a small business loan serviced by Swift Financial, which was acquired by PayPal in 2017. The goal of LoanBuilder, A PayPal Service is to provide a customizable business loan to small and mid-sized businesses. LoanBuilder offers eligible businesses $5,000 to $500,000 and can fund borrowers in as fast as 1 business day.

Services and Features

Eligible businesses can get loans from $5,000 up to $500,000 with loan terms of 13 to 52 weeks (depending on loan amount). The LoanBuilder Configurator lets borrowers select the loan amount and term then displays an estimate of the weekly payment, total repayment and total interest charge.

LoanBuilder has an online prequalification process that helps borrowers determine eligibility. The applicant’s business should be in operation for a minimum of 12 months and with no active bankruptcies. It should also have an active business record with the Secretary of State and can not be included in the list of prohibited businesses.

Applicants must fill out the online questionnaire and provide basic information about themselves and the business. Once eligible, the applicant must provide the required documents. If the team over at LoanBuilder receives the required documents and signed contract before 3:30PM EST, funds can be transferred as quickly as the next business day. 

Plan Details

Loan Amount

$5,000 to $500,000

Loan Terms

13-52 Weeks

Interest Rates

Up to 49.9%

Fixed Interest Rates

Variable Interest Rates

Down Payment

Loan Fees

Closing Cost


Personal Guarantee


Other Fees

Returned Item Fee ($20)

Prepayment Penalty

The loan can be paid off any time but the full interest charge based on the original term of the loan is applied and is due at the time of the pay off.

Loan Application

Online Application

Personal Credit Profile

Business Credit Profile

Approval Time

Minimum of 1 business day

Local Branches

Available Nationwide

Application Time

Pre-qualification can occur within minutes. The entire end to end approval and funding process could be as fast as 1 business day. 

Mobile App


U.S. Citizen

Good Credit


Years in Business

At least 1 year

Qualified even with bad credit

Not Stated


Help and Support


Email Support

24 Hour Telephone Support

Live Chat



LoanBuilder, A PayPal Service is a great financing option for small businesses to quickly access much needed funding. Requirements are reasonable and the business need only be in operation for at least 12 months. The online Configurator also gives businesses the option of adjusting the weekly payment, fee and total repayment before proceeding with the loan. With a simple application process and quick loan processing, LoanBuilderis a great option for small business loan borrowers. Loans made by WebBank, Member FDIC.

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Top Rated
Our Partner
9.3 / 10
  • Up to $500,000 in Business Loans
  • Competitive Interest Rates
  • Free Business Credit Health Score
  • No Upfront Fees
  • Fast Funding
  • No Hassle Process