Hardship Small Business Loans
Assistance for Small Businesses
See If You Qualify

Financial hardship occurs when you’re unable to meet your existing financial obligations for a period of time. It may be caused by any number of factors, including a major natural disasters, unforeseen weather events, health epidemics, or a major change in your circumstances, such as illness or injury.

While an emergency event can damage or even destroy your business, a strong recovery begins before the event occurs. Don’t delay in taking actions to mitigate your loss; seek the financial assistance you need right away. Delaying action could lead to your business owing a lot more than it is ever able to repay.

Prime Equity Funding can help you get relief from your payment obligations while you get your business back up and running.

Act Early

Time is a critical factor when it comes to overcoming financial hardship. The earlier you act the more options may be available to help you get through the tough times.

If you can see you are struggling to make payments, seek help immediately. You may be eligible for financial relief on ongoing commitments such as taxation, council rates, loan repayments, credit card bills, energy and water bills, phone/internet bills and insurance premiums.

Loan amounts of
Repayment terms
up to 24 months
Automatic daily
or weekly payments
Benefits to Your Business
  • Same Day Funding: Standard ACH bank transfers take up to 3 business days. But with Prime Equity Funding you could get funds in your bank account by 5:00 PM the same day.*
  • Loyalty benefits: If you’re a current Prime Equity Funding customer, you’ll have any remaining interest waived if you take a new Prime Equity Funding small business loan. We can also offer a lower or even 0% origination fee on your next loan.
  • Business credit building: Help build your business’s credit by making on-time payments, which we report to bureaus.
  • Prepayment Benefits: If you qualify for our 100% Prepayment Benefit option, pay your loan off early in full and have all remaining interest waived without any penalty or fee.‡
  • Predictable, fixed payments: Pay the same amount from the beginning to the end of your repayment term, so you can manage your cash flow with no surprises or large costs up front.
  • Transparent pricing: Use our Capital Comparison Tool to get a comprehensive breakdown of your term loan’s cost—including all the key terms you need to evaluate potential loan offers.
A hardship loan can help
get your business back on track.

We understand that in every business there are hard times. This does not mean that your business in unhealthy. If you think you could rebuild your business with additional financing, ask yourself this key question before making a decision: “What exactly are the key components my business needs to get back on track?”

Based on your answer, you may decide a hardship loan is right for you. There are many ways a loan can help rebuild a struggling business. Here are some popular reasons business owners opt to apply for a hardship loan.

4 ways to use a hardship loan
  • Covering Payroll
  • Repairing Equipment
  • State/Government funding GAP loan
  • Financing marketing campaigns
Applying for a hardship loan at Prime Equity Funding is quick and simple
Get Started

Our simple 3 step application is all you need to apply. You can apply online or over the phone.

A dedicated loan advisor will be assigned to your company & will contact you to review your options.

Complete the online agreement form and receive your funds as soon as the same day.*

FAQs: Prime Equity Funding hardship loans
  • What is Same Day Funding?

    Same Day Funding is as simple as it sounds. It allows you to receive funds in your account as early as the day you finalize your term loan with Prime Equity Funding. There’s no special enrollment and no additional cost.

  • What other small business loans can I get in addition to my hardship loan??

    We understand every business has difficult times, so unlike many online lenders, we’ve got different loan types available for you. At Prime Equity Funding you can easily apply and if approved, you may be offered a small business emergency line of credit in addition to your existing hardship loan or in many cases you can start them at the same time. In addition to Prime Equity Fundings hardship Loans, Term Loans & Line of Credit, check out this page for other types of small business loans.

  • How do loyalty benefits work?

    We believe in rewarding you for your loyalty and making it easy to access additional funding. Once your initial or current loan is 50% paid down you have the option to apply to renew your loan and you will not be charged any remaining interest on your existing loan. You may even qualify for a lower or 0% origination fee.

  • How does payback work?

    Paying back your term loan with Prime Equity Funding is easy and hassle-free with automatic bank account deductions so you don’t have to worry about missing a payment. The daily or weekly payment is based on the amount and term length of your financing and is intended to be a manageable number based on the information you provided to Prime Equity Funding in your application.

  • How much will it cost?

    The total cost of your hardship loan will vary based on a number of factors, including your personal and business credit scores, time in business and annual revenue and cash flow‡.

  • Can I get a hardship loan if I have bad credit?

    Prime Equity Funding doesn’t offer “bad credit loans.” However, a bad credit score doesn’t always mean you can’t qualify for business financing. Our hardship loans can provide an alternative source of funding for borrowers who have had difficulty getting approved for credit cards and traditional installment loans.

Minimum eligibility requirements for a Prime Equity Funding hardship Loan or Emergency Line of Credit
Let's see
if were a
Minimum Requirements
Time In Business 1 year
Personal FICO Score 600
Business Annual Gross Revenue $100K
Business Checking Account Yes
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Depending on the state where your business is located and other attributes of your business and the loan, your business loan may be issued by a member of the Prime Equity Funding family of companies. Your loan agreement will identify the lender prior to your signing. Loans subject to lender approval. Prime Equity Funding® is a Registered Trademark. All rights reserved.