Check n Go offers quick payday and installment loans for businesses or individuals with lower credit scores, but its high APRs (260–370%) and small loan amounts (up to $5,000) make it less suitable for substantial business needs like $40,000 for equipment or $100,000 for expansion. With $650 billion in business lending in 2024, 2025 provides better alternatives for businesses with 620–650 credit scores and $160,000 revenue, even on a 3-week timeline.
This article explores the top Check n Go alternatives for business loans, focusing on affordability, accessibility, and user feedback.
For real lender insights, visit Loans for Small Business.
Top Check `n Go Alternatives for Business Loans
1. Lendio
Description: A loan marketplace connecting businesses to 75+ lenders, offering term loans, lines of credit, SBA loans, and invoice financing.
Best For: Businesses with 620–650 credit needing $40,000–$100,000, seeking diverse lender options.
Pros:
- Large network (75+ lenders vs. Check `n Go’s direct lending).
- Fast matching (24–48 hours), with funding in 1–5 days for 3-week timelines.
- Accepts 550+ credit scores for some loans.
- Lower rates (6–30% APR vs. Check `n Go’s 260–370%).
Cons: - Potential for lender spam.
- Fees vary by lender (e.g., 1–5% for invoice financing).
Why It’s a Great Alternative: Lendio’s broad network and lower rates make it ideal for $160,000 revenue businesses needing larger loans..
2. Fundbox
Description: A direct lender offering invoice financing and lines of credit, specializing in businesses with lower credit scores.
Best For: Businesses with 550–620 credit needing $40,000 for cash flow, with $160,000 revenue.
Pros:
- Funding in 1–2 days, perfect for 3-week needs.
- Accepts 550+ credit scores, more lenient than Check `n Go.
- Fees (1–5% for invoice financing) far lower than Check `n Go’s APRs.
- Transparent pricing.
Cons: - Limited to invoice financing and lines of credit.
- Loan amounts capped at $150,000.
Why It’s a Great Alternative: Fundbox’s low credit requirements and quick cash make it a safer choice than Check `n Go’s high-cost loans.
3. BlueVine
Description: A direct lender offering lines of credit, term loans, and invoice financing, with a focus on quick approvals.
Best For: Businesses with 600–650 credit needing $40,000–$100,000 for equipment or cash flow.
Pros:
- Funding in 1–2 days, suits 3-week timelines.
- Accepts 600+ credit scores.
- Rates (6.2–30%) much lower than Check `n Go’s.
- No origination fees for some products.
Cons: - Loan amounts capped at $500,000.
- Higher rates for bad credit.
Why It’s a Great Alternative: BlueVine’s speed and larger loan sizes outshine Check `n Go’s $5,000 cap.
4. National Business Capital
Description: A marketplace with 75+ lenders, specializing in term loans, equipment financing, and lines of credit, with fast funding.
Best For: Businesses needing $40,000–$100,000 quickly, with 600+ credit and $160,000 revenue.
Pros:
- Funding in 1–3 days, ideal for 3 weeks.
- Accepts 600+ credit scores.
- Offers loans up to $10M vs. Check `n Go’s $5,000 limit.
Cons: - Limited fee transparency until offers are received.
- Mixed customer service reviews.
Why It’s a Great Alternative: Provides larger loans and faster funding than Check `n Go, with better terms for 620 credit scores.
5. Accion Opportunity Fund
Description: A nonprofit lender offering microloans (up to $50,000) with mentorship, focused on underserved businesses.
Best For: Businesses with 550–620 credit needing $40,000 for equipment or working capital.
Pros:
- Lenient credit requirements (550+).
- Affordable rates (7–15% vs. Check `n Go’s 260–370%).
- Mentorship included, unlike Check `n Go.
- Payments (~$300/month for $40,000 at 8% over 7 years) fit tight budgets.
Cons: - Funding may take 1–4 weeks, tight for 3 weeks.
- Loan amounts limited to $50,000.
Why It’s a Great Alternative: Offers affordable, supportive financing, far less risky than Check `n Go.
Choosing the Right Check `n Go Alternative
To select the best alternative:
- Define Your Needs: $40,000 for equipment? Try Fundbox or Accion. $100,000 for expansion? Lendio or National Business Capital. Check `n Go’s $5,000 cap can’t meet these needs.
- Check Eligibility: A 550–620 credit score and $160,000 revenue qualify for all listed options. Provide 3–4 months of bank statements or invoices.
- Prioritize Speed: For 3-week timelines, Fundbox, BlueVine, or National Business Capital fund in 1–5 days, faster than Check `n Go’s smaller loans.
- Compare Costs: A $40,000 loan at 8–12% over 7 years yields ~$300/month; Check `n Go’s 300% APR could cost $12,000+ annually for just $5,000. Avoid high-cost merchant cash advances unless necessary.
- Verify Lenders: Marketplaces like Lendio offer more options than Check `n Go’s direct lending, but check fees.
Pro Tip: Prepare documents (tax returns, bank statements, proof of $160,000 revenue) to streamline applications. Especially, if you have a manufacturing business.
FAQ on Check `n Go Alternatives
Can I get a $40,000 loan with a 620 credit score?
Yes, Fundbox, BlueVine, or Accion accept 550–620 scores for $40,000 loans, with lower rates than Check `n Go’s 260–370%.
How fast can I get funds in 3 weeks?
Fundbox, BlueVine, or National Business Capital fund in 1–5 days, matching or beating Check `n Go’s speed.
Can I afford $300/month for a $40,000 loan?
Yes, equipment financing at 8–12% over 7 years fits this budget, unlike Check `n Go’s costly terms. Use a loan calculator.
What documents do I need?
Business plan, financial statements, tax returns, bank statements, and proof of $160,000 revenue.
Ditch Check `n Go for Better Business Loans
Check `n Go’s high APRs (260–370%) and $5,000 loan cap pale in comparison to 2025’s alternatives like Lendio, Fundbox, BlueVine, National Business Capital, and Accion Opportunity Fund. These options offer larger loans ($40,000–$100,000), lower rates, and faster funding for businesses with 550–620 credit scores and $160,000 revenue.
Ready to grow smarter? Apply for a business loan through a Check `n Go alternative today and fuel your success!
