How it Works with Cheddar

See why it’s much easier, faster and better for your business than a bank.

Do You Qualify for a Loan?

Our minimum qualifications make it easy to apply. Cheddar’s application process is fast and simple so your loan is approved in a shorter time than it would be at a bank.

Time in Business

Your business doesn’t have to be ancient to be approved for a loan, we require you be at least 3 months in business.


No matter where you are, we can help. Cheddar offers loans to businesses in every state across the United States.

Annual Revenue

Only $250,000 or more in annual sales is needed to qualify for a small business loan with Cheddar.


We provide loans to over 700 industries including medical, wholesale, retail, restaurants, construction and others.

How Much Can You Expect?

Our formula is simple. For most businesses, you can expect loan approval of up to 10% to 15% of your annual revenue. Medical-related businesses can expect up to receive up to 30% of their annual revenue.

It’s always best to speak to your Cheddar representative to see what you qualify for. We’re here to help.

Application and Funding Process

Our automated system makes it easy. We keep you updated with system notices throughout the process.

Step 1 - Apply.

Step 2 - Receive personalized email with terms for your loan and updates through our secure server.

Step 3 - Receive simple and transparent contracts for funding.

Step 4 - Funding! Your cheddar is sent via wire or ach to your business bank account.

Get Money for Your Business Fast
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