Relying on credit scores and tax returns isn’t how we do things in 2025.
Our loan application includes:
1
Connecting to at least one business checking account
2
Completing our LendAbility Assessment
3
Opportunities to show off your business with videos and photos
4
Sharing information about community connections and digital presence
5
Answering questions about business fundamentals and personal details
6
Uploading financial documents
20-30 minutes to complete the loan application. 1-3 business days to get a loan decision.
Are you a good fit?
Here’s what we look for:
We’re making loans to well-qualified applicants of $5-25k in our beta phase. Ideal applicants have been in business for at least 1 year, making at least $100k in sales annually, and have a growth mindset with a clear vision of how to use the loan. Our initial loans are to companies based in New York State and Massachusetts.
How will you use your loan?
A little capital goes a long way
Hiring Staff
Explanding Location
Buying Equipment
Ordering Inventory
Cash Flow Management
Debt Consolidation
Frequently asked questions
Are you lending money right now?
Yes! We are offering loans up to $25k for well-qualified applicants who are participating in our Beta program. We’re an early-stage company, so our pool of loan capital is limited. Interested in investing to improve access to capital for small businesses? Reach out!
What are your minimum requirements to make a loan?
We’re lending to small businesses that are based in New York to start.
How are you different from other lenders or banks?
At GoodBread, we aim to disrupt the lending status quo by looking at the whole person plus the business, not JUST the numbers. We also believe that what happened several years ago isn’t your whole story, and look into recent behavior and activity as a better predictor of loan repayment.