Business Lending Solutions (BLS) is a commercial finance brokerage based in Maine, established in 2015. It specialises in matching small and medium businesses across the U.S. with a panel of more than 60 non-bank lenders. BLS itself does not lend directly but acts as an intermediary arranging various business finance products in compliance with U.S. state lending laws. This lender may suit established American SMEs looking for multiple funding proposals from one application. Note that BLS is not authorised by the UK's Financial Conduct Authority, and funding is provided in U.S. dollars. For those interested, see our financing options overview and lenders guide.
Key Features of Business Lending Solutions
BLS offers a digital multi-product application experience alongside personalised guidance from dedicated specialists. Its platform integrates with common accounting software for easier financial data sharing.
- Single online application generates several offers quickly with e-signature option for convenience, linked in our application form.
- Dedicated funding specialists support applicants through the funding journey, as explained in our contact resources.
- Pre-approval decision available same day for loans under £400,000 via automated underwriting systems.
- Integration with QuickBooks and Xero supports real-time financial data pulls, enhancing eligibility evaluation.
- Educational resources like funding guides and calculators are available to help with decision-making, as found in our tools section.
Funding Eligibility
You may qualify for funding if your business meets minimum trading periods and turnover thresholds that vary by product. Typically, a minimum of four months' trading and around £75,000 to £250,000 turnover are required. Certain sectors such as gambling and speculative real estate development are excluded. Note that BLS serves all 50 U.S. states but does not operate in the UK. For more details, review our qualification guide and terms and conditions.
Loan Options
BLS offers multiple financing options sourced from third-party lenders covering a wide range of business needs. Below are key types with typical amounts, terms, and representative rates.
- Merchant Cash Advance (£5,000 – £300,000): Short-term advances repaid via card sales percentage over 3 to 12 months. Factor rates range between 1.1 to 1.5 (equivalent APR 35%–70%+). Ideal for businesses with a strong card sales profile.
- Business Line of Credit (£5,000 – £250,000 revolving): Revolving facility with 6 to 18 months draw period. Weekly draw fees approximate 12% to 40% APR. Requires at least six months' trading and £75,000 turnover.
- Unsecured Business Term Loan (£10,000 – £400,000): Fixed repayments over 6 months to 5 years. Interest rates vary from 9.9% to 29.9% APR. Minimum 12 months trading and £100,000 revenue needed.
- Equipment Finance & Leasing (£15,000 – £1,000,000): Terms range from 2 to 7 years with flat rates of 7.5% to 18%. Equipment acts as collateral which limits personal guarantee exposure.
- Invoice Finance (up to 90% of invoice value): Provides liquidity against unpaid B2B invoices with fees from 0.75% to 3% plus funding fees of 3% to 9% APR equivalent. Requires 6+ months invoicing and £250,000 annual turnover.
- SBA 7(a) & 504 Loans (£37,000 – £4,100,000): Longer terms from 5 to 25 years, with rates around 8.5% to 12.25% APR. Requires generally 2 years trading, collateral, and personal guarantees.
How to Apply
The application process with BLS is largely online, designed for efficiency but requires documentation for underwriting and compliance checks.
- Submit a single online application form via the portal to generate multiple loan offers; see our application form.
- Provide necessary documentation such as business bank statements, tax returns, financial accounts, identification, and asset information as applicable.
- Loan offers are reviewed by funding specialists who provide personalised advice and clarify any requirements.
- Complete electronic signing (e-signature) to finalise the loan agreement and enable funding.
Funding Agent's view on Business Lending Solutions
Business Lending Solutions works well for U.S.-based SMEs wanting access to a broad lender panel from a single application. Its online platform and funding specialists streamline choice and personal support. However, UK businesses cannot benefit due to regulatory and currency limitations. Borrowers should consider that brokerage fees and the higher cost of alternative finance are typical, especially for short-term products. For a deeper dive into options, compare these offerings on our financing options page, check your potential eligibility, or use our comparison tools to find suitable funding alternatives.
