Why choose Frank for your small business loan
Bank-rate loans without the bank runaround. No hidden fees, no daily cash grabs, no middlemen taking a cut.
Frank
MCA lenders
Loan brokers
Banks
How much you can get
$50K to $5M+
Any size business.
Up to $500K
Caps out for growing businesses.
Depends on lender
No guarantee on amount or terms.
$100K minimum
Small loans rarely worth their time.
What it actually costs
Bank rates
No fees to you. Frank is paid by the lender.
40% to 350% APR
Factor rates disguise the true cost.
Lender rate + 1 to 10%
Broker commission baked into your rate.
6.8% to 11% APR
Competitive, if they approve you.
Time to get funded
Within 72 hours
Terms back in three days from our network of US banks.
24 to 72 hours
Fast, but at a steep price.
Days to weeks
Brokers add delays at every step.
2 to 3 months
SBA loans can take 90+ days.
How you repay
Fixed monthly
Predictable. Easy to plan around.
Daily % of sales
Pulled every business day before you see the money.
Depends on lender
Could end up with daily MCA-style payments.
Fixed monthly
Good structure, if you get approved.
Who gets approved
Your business health
Where your business is going, not just where it has been.
Most businesses
Low bar to get in, high price to pay for it.
Varies by lender
Your file goes to multiple lenders. Each may pull credit.
Only 13 to 14%
Strict credit, collateral and business plan required.
Your data
Handled privately
Managed with our network of US banks. Never sold.
Held by MCA company
Used to sell you more advances.
Shared with many lenders
Your financials sent to whoever they work with.
Held by the bank
Regulated, but you are one of millions.
350%
Max effective APR on a typical MCA. Frank works to bank rates.
86%
Of businesses are turned away by large banks before they apply.
$50K+
Typical annual savings refinancing a $200K MCA into a Frank-arranged bank loan.
See if I qualify
Soft credit check only. No commitment.
Last updated: May 2026
Our mission
86% of US small businesses are turned away by big banks before they apply. Frank exists to close that gap. We provide bank-rate loans, zero fees, and real advisors who pick up the phone.
How Frank is different
Most marketplaces send your file to dozens of lenders and hope one bites. Frank works with a curated panel of 40+ US banks and pre-vets every match, so when you hear back, it's a real offer, not a shotgun.
Why we built Frank
Our founders ran their own small businesses and watched bank lending get harder, slower, and more expensive every year. Frank is the platform we wished existed when we needed working capital.
Let's talk