A $1 million business loan isn't reserved for corporations — plenty of small and mid-sized businesses qualify. But at this level, lenders underwrite carefully. The good news: if your revenue supports it, several products reach $1 million to $5 million.
What lenders want at $1M
- Strong, consistent revenue — often $80,000+ in monthly deposits (roughly $1M+ annually). Revenue is the number one driver of loan size.
- Time in business — usually 2+ years for the largest amounts (some revenue-based options are more flexible).
- Credit — the lowest-cost options (SBA, bank term loans) want good credit; revenue-based options are more forgiving.
- Documentation — bank statements, tax returns, financial statements, and often collateral for the best rates.
Which products reach $1 million+
- SBA loans — up to $5M with long terms and low rates (more paperwork, slower).
- Term loans — large lump sums with fixed payments.
- Business lines of credit — sizable revolving limits you draw as needed.
- Commercial real estate — secured by property.
- Revenue-based financing — faster, based on deposits, for strong-revenue businesses.
Revenue is the lever. The single fastest way to qualify for more is to show larger, cleaner deposits. Lenders size offers to what your bank account can support.
Ready to pursue a large loan?
Get matched with the products that reach seven figures — and see what your revenue qualifies you for. Free, no obligation, and no hard credit pull to explore.
See My Options →Tips to strengthen a large application
- Clean up your deposits — avoid overdrafts and negative days in the months before applying.
- Have documents ready — statements, returns, and financials speed large-deal underwriting.
- Match the product to your goal — SBA for low cost and time, revenue-based for speed.
- Consider stacking — sometimes a term loan plus a line of credit reaches your number better than one product.
Frequently asked questions
How do I qualify for a $1M loan?
Strong monthly revenue (often $80k+/month), solid time in business, and good documentation. Revenue drives loan size.
Which loans go that high?
SBA loans, term loans, lines of credit, commercial real estate, and revenue-based financing — up to $1M–$5M.
Do I need perfect credit?
For the lowest-cost options, strong credit helps. Revenue-based options are more flexible on credit.