Free · 1 minute
Am I ready for a business loan?
Five quick questions, the same areas a loan officer looks at. Get an instant read and know what to work on before you apply. No sign-up, nothing saved.
01 · Cash flow
After all your current bills and debts, could the business cover a new loan payment?
02 · Credit
What is your personal credit score range?
03 · Equity
How much of your own money are you putting into the project?
04 · Experience
How many years have you worked in this industry?
05 · Paperwork
Do you have financial statements or projections for the business?
What this quiz checks
Each question maps to part of the 5 Cs of credit, the framework banks and credit unions have used for decades: capacity (cash flow), character (experience), capital (your equity) and credit, plus the paperwork every lender will ask for.
It gives you a direction, not a number to take to the bank. The full Loan Ready check uses your actual figures, including net worth, and rates each factor against what lenders commonly look for.
Common questions
Is the quiz really free?
Yes. There is no sign-up and no email required. Your answers stay in your browser and are not saved.
Does this quiz check my credit?
No. You pick your own credit score range. Nothing is reported to a credit bureau.
How is the full check different?
The full Loan Ready check uses your real numbers: monthly revenue and expenses, existing debt, the loan you want, your equity, and personal and business net worth. It gives an overall score and a rating for each factor with a plain-language next step.
Free business loan calculator · Startup loans · Loans to buy a business · Pricing