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How long does it take to approve a business loan?

The length of time it takes to approve a business loan depends on the type of funding you have applied for. Some products, such as Merchant Cash AdvanceFlexible Loans or revolving credit have a very short turnaround and the approval process can take as little as 2 business days. Other types of funding, such as Start Up Loans or Equity and Grant finance have a much longer approval process which can take several months.

You can make the payment, by depositing money into your account.

If you’re concerned you won’t be able to make a repayment on your Bounce Back Loan, let us know as soon as possible by emailing: collections@tide.co

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