ROK Financial business loans review

First, do I qualify?

ROK Financial is a free-to-use connection service. In a nutshell, you submit a form with ROK and it matches you with its lending partners (if you qualify).

Depending on the loan you’re looking for, requirements may include:

• At least 3 months in business
• At least $5,000 monthly revenue

ROK doesn’t list a minimum credit score, simply because requirements vary by lender. However, just meeting minimum requirements may not get you the most competitive rates with ROK’s partners.

The best deals typically go to businesses that have been around for several years, have a strong track record of growth and owners with excellent credit scores of around 740 or higher.

What makes ROK Financial unique?

ROK Financial offers options to small businesses that otherwise might not qualify for financing. Its partners will work with businesses as new as three months and business owners that have a bad credit history.

Each applicant gets customized loan offers after filling out a form and speaking with a loan specialist. And it’s just about as fast as it gets. You can get funded as soon as the same day — and no longer than three days.

Financing options with ROK Financial

There are multiple financing options to look for with ROK, including:

• Term loans
• SBA loans
• Equipment financing
• Accounts receivable financing
• Asset-based financing
• Merchant cash advances
• Startup financing

Pros and cons

ROK Financial isn’t helpful to all business owners in all situations. Weigh the main benefits and drawbacks of using this service before signing up.

Compare other business loan options

See how ROK Financial stacks up by selecting the ranges for how much you want to borrow, your revenue, time in business and credit score.

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Updated regularly

Product USFBL	Finder Score	Min. Amount	Max. Amount	APR	Requirements
Olympus Business Capital	Finder score 9 Excellent	$500	$250,000	Not stated	Been in business for 6 months registered with the state, active and open bank account in business name, have $10,000 of revenue each month	No credit needed. Funding up to $250,000 with a variety of finance options to best fit your business needs.	Go to site Compare	loading Fetching your data...
Lendio business loans	Finder score 9.6 Excellent	$1,000	$10,000,000	Varies by lender	Operate business in US or Canada for 6 months or more, have a business bank account, minimum 520 personal credit score, at least $8,000 in monthly revenue.	Submit one simple application to potentially get offers from a network of over 75 legit business lenders.	Go to siteMore Info Compare	loading Fetching your data...
Fundera business loans	Finder score 8.6 Great	$2,500	$5,000,000	Varies based on lenders	$60,000+ of annual revenue, 550+ personal credit score, in business for 6+ months	Get connected with short-term funding, SBA loans, lines of credit and more.	Go to siteMore Info Compare	loading Fetching your data...
Fora Financial business loans	Finder score 8.8 Great	$5,000	$1,500,000	Varies	6+ months in business, $25,000+ gross monthly sales, no open bankruptcies	Get qualified for funding in minutes for up to $1,500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.	Go to siteMore Info Compare	loading Fetching your data...
National Funding business loans	Finder score 9.6 Excellent	$5,000	$500,000	Undisclosed	In business 6+ months and make at least $250,000 in annual sales. Other loan types have additional requirements.	Working capital loans and equipment financing, some high-risk industries may be eligible.	Go to site Compare	loading Fetching your data...
American Express® Business Line of Credit	Finder score 8 Great	$2,000	$250,000	N/A	Minimum FICO score of at least 660 at the time of application, have started your business at least a year ago, and an average monthly revenue of at least $3,000	Access lines of credit for your small business even if you aren't currently an Amex customer.	Go to siteMore Info Compare	loading Fetching your data...

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How do I get started?

ROK Financial will connect you with lenders in its network after you fill out a quick online form. Here’s how to get started.

1. Click the green Check eligibility button on this page.
2. Fill out the form with basic information about yourself and your business.
3. Review the disclosures before checking the box agreeing to them.
4. Hit Apply now.

After you submit your application, you should hear from one of ROK Financial’s business financing advisors. They’ll go over your business’s options and tell you what steps to take to complete your application.

What documents do I need to apply?

While it depends on the lender, typically all small businesses must supply at least six months of business bank statements. Or, as many as your business has if it’s been around for less than six months.

Other common documents include tax returns, financial statements and information about the business owner’s assets. But that depends on the lender, the loan amount and your business.

How do repayments work?

ROK Financial’s partners offer financing with daily, weekly and monthly repayments. How your repayments work varies depending on the lender you choose.

You can find information about what your business will owe and when it’s due in your loan agreement. That’s also where you can find out about late fees and prepayment penalties.

Read about our top picks for business lenders to see how ROK Financial compares to the best.