BUSINESS CREDIT AND LENDING, BUILT IN
Open a free business checking account, use it like you normally would, and you could become eligible for the credit and lending tools that keep a business moving: short-term cash funding for immediate needs, a credit card for smoothing over cash flow, and a loan for bigger investments.
WE SEE YOUR BUSINESS. NOT JUST YOUR CREDIT SCORE.
Most lenders stop at a credit score. We factor it in, but we also look at the real activity in your account: deposits, invoices, bills paid on time.
WHICH ONE FITS YOUR BUSINESS RIGHT NOW?
Business Loans
Best for: Big purchases and planned growth—equipment, a lease deposit, or whatever the next stage requires.
• See the full cost before you accept—no surprises later
• Approved today, funded today—money lands instantly
• No charge for paying off early
Business Credit Card
Who it's for: Everyday spending that earns you cashback—on every business purchase—with no annual fees and no gotchas.
• Up to 2% cash back on every purchase—no categories to track*
• $0 annual fee
• No hidden fees or caps on rewards
Business Funding
Best for: Last-minute financing—payroll's tight, an invoice hasn't cleared, or you want funding ready.
• You only pay for what you use
• No hidden fees
• Funding lands fast once you draw
• 6-month payback, structured like a merchant cash advance
WHAT IT TAKES TO QUALIFY
Typically: a modest balance, a transaction a month, and 4 months on Novo (6 for Funding). Excellent credit isn't required. Approval isn't guaranteed.
What business owners are saying
MCA helps cash flow
“Running your business sometimes has unpredictable cash flow. During difficult times, the Merchant Cash Advance was such a boon. The ability to quickly withdraw funds and transfer them to my checking account saved me during many tough situations.”
A few things people ask
Yes. All three of these live inside your Novo account, so you'll open one before you can use any of them.
There's no penalty for not qualifying right away. Keep banking, and we'll keep watching—eligibility is revisited monthly, so it can open up over time.
No application fees. If you're eligible, you'll simply see the offer in your account.
There's no minimum time in business to open a Novo account—time toward credit eligibility starts building from day one.
Whatever your business needs—covering payroll, buying inventory, bridging a slow month.
Business credit guides
- 4 Business Lines of Credit for Startups
- 4 Online Line of Credit Loans
- 5 Tips for Increasing Your Business Credit Score
- 9 Types of Small Business Loans
- A Guide to Credit Applications for Business Owners
- Best Alternatives to SBA Loans
- Building Business Credit Fast in a Few Simple Steps
- Building Business Credit: Why It’s Vital for Growth
- Business Loan Calculator: Understanding Your Results
- Guide to Novo Funding
- How Do Business Loans Work
- How Hard Is It to Get a Business Loan
- How Long Do Hard Inquiries Stay on Your Credit Report
- How Long Does It Take to Build Business Credit?
- How to Build Business Credit Without Using Personal Credit
- How to Get a Business Credit Card with Only EIN
- How to Get a Small Business Grant
- How to Get a Business Credit Card
- How To Secure a Small Business Loan in Indiana
- The Paycheck Protection Program (PPP) Loan FAQs
- What Is a Small Business Line of Credit and How Does It Work?
- What is a Term Loan?
- What is Microlending?
- Business Loan Calculator
- Novo Announces Results of Working Capital Pilot Program for Small Businesses
- Novo Unveils Suite of Credit, Bookkeeping, and Financing Solutions
FREE YOUR BUSINESS.
FREE YOUR BUSINESS.
Open a Novo account, run your business through it like you normally would, and see what opens up along the way.
Already have an account? Check eligibility