Best Way to Compare Small Business Loans? (SoFi SMB Marketplace Review)

Compare small business loans with Lantern by SoFi here: https://bit.ly/sofisavings In this video, I break down how Lantern by SoFi works as a business loan comparison marketplace and how to find small business loans faster. Learn how to compare business loans, avoid multiple credit inquiries, and explore SBA loans, term loans, business line of credit, and equipment financing. This covers business funding, online lenders, loan comparison tools, interest rates, loan offers, and how to get a business loan without wasting time. Our favorite business must-haves: 💳 Best business credit cards: https://startupwise.com/creditcards 🏦 Novo (best business bank): https://startupwise.com/novo/ 🖥️ Best AI website builder (/month using code STARTUPWISE): https://startupwise.com/hostinger/ ⚙️ Northwest (best LLC formation service): https://startupwise.com/northwestLLC/ 💰 Payroll with Gusto (get 2 months free!): https://startupwise.com/gusto/ 👨‍💼 Best overseas staffing agency (save 80% on payroll): https://paired.so/startupwise Be sure to watch until the end because I walk through a real example of how the Lantern marketplace works from application to loan offers. You’ll see how soft credit checks work, how lenders review your profile, and how to compare business loan options side by side. This helps you understand business loan approval, funding timelines, repayment terms, business credit, and how to choose the best business loans for your situation. Lantern by SoFi is a loan comparison platform that lets you compare term loans, SBA loans, lines of credit, and equipment financing with one simple application. It helps reduce credit checks, saves time, and gives you multiple loan offers in one place so you can make a smarter decision. This video shows how Lantern works, what to watch out for, and how to decide if this business loan marketplace fits your needs. If you found this video helpful, be sure to check out our other videos on: 7 Best Online Business Bank Accounts for Small Businesses in 2026: https://youtu.be/0MeG-RGRm80 LLC Write-Offs That Increase Your Tax Refund: https://youtu.be/NSjUJ7MOD0s Request New Videos Here: https://forms.gle/k9TtfauggkEpAWNQA More tutorials on our website: https://www.startupwise.com Thanks for watching! I hope you have a wonderful day! – Eric #SmallBusinessLoans #Entrepreneurship #BusinessFinance Timeline: 0:00 - Introduction 0:57 - Overview 1:05 - Why Comparing Business Loans Matters 2:14 - What is Lantern by SoFi 3:08 - How the Marketplace Process Typically Works 4:05 - Types of Financing You May See 5:24 - Pros of Using a Marketplace Like Lantern 6:13 - Considerations and Limitations 6:49 - A Quick Note on Personal Loans 7:03 - Example Scenario 7:38 - How to Decide if It's Right for You 8:05 - Final Thoughts 8:35 - Conclusion Disclaimer: Some of the links above may be affiliate links, meaning I may receive a small commission if you click on them. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your due diligence. We appreciate your viewership! In addition, we are not financial advisors. StartupWise does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.