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Last Updated: 06/21/2025

PowerUp Lending Group Small Business Loans

in Business Loans from PowerUp Lending Group

Last Updated: 06/21/2025

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Highlights

Amount Range

Starting at $20,000

APR

N/A

Loan Term (Months)

N/A

PowerUp Lending Group Small Business Loans Review

Power Up lending is a business financing offering by PowerUp Lending Group, based in Great Neck, NY. Founded in 2008, PowerUp Lending Group offers access to small business loans in 50 states (and Washington, DC).

Power Up lending FAQ

What are Power Up lending rates?

Power Up lending offers a business financing product but they do not disclose their rates.

Does Power Up lending charge an origination fee?

Yes, Power Up lending charges a loan origination fee .

Does Power Up lending charge prepayment fees?

Yes, Power Up lending may charge additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a business loan product because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

How much can you borrow from Power Up lending?

Business loan amounts start at $20,000 .

What do you need to qualify for PowerUp Lending Group Small Business Loans?

PowerUp Lending Group Small Business Loans requires companies to be in business for at least 6 months. Businesses must have a minimum annual revenue of $8,500 to be considered.

Applicants with a credit score of at least 500 and up to 850 may be eligible for PowerUp Lending Group Small Business Loans.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by PowerUp Lending Group Small Business Loans.

To qualify, applicants may need to provide the following documentation:

Proof of income

What is the estimated funding time for a business loan via Power Up lending?

Power Up lending can fund small business loans as soon as 1 business day.

Does PowerUp Lending Group perform a hard credit pull?

Yes, Power Up lending performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.

Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

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Headquarters

111 Great Neck Road

Suite 216

Great Neck, NY 11021

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