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Funders make the credit decisions. We compare their offers and show you what each one costs. Funders pay us when a deal funds, never you upfront.

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Lender profile

IOU Financial

Direct funder Atlanta, GA Checked Sep 30, 2026
IOU Financial offers term loans of $15,000 to $1,500,000 repaid daily, weekly or bi-weekly, and arranges working capital, lines of credit, equipment financing and invoice factoring through its network. Its term loan page publishes rates of 1.50% to 4.00% per month and asks for 1 year in business, $10,000 in monthly revenue and a 600+ credit score. Personal guarantees are required on every loan.
Visit ioufinancial.com Compare with similar funders
Heads up. IOU's FAQ lists 6 to 18 month term loans while its term loan page and homepage say up to 2 years, so the maximum term shows as not published. Its FAQ also lists post-servicing fees, including a $695 loan administration fee and a $2,500 stack penalty fee.

The open book

What IOU Financial publishes, and what it doesn't

8 of 9 things a business owner needs to compare offers are on its website.

Published

Amounts
$15K–$10M
Minimum credit score
600+
Minimum time in business
1 year
Minimum monthly revenue
$10,000
Speed, in its words
As little as 24 hours

The ledger

  • Funding amounts
  • Minimum credit score
  • Minimum time in business
  • Minimum revenue
  • Funding speed
  • Price (rate or factor)
  • Fees
  • Term length
  • Excluded industries Not published
Loosest published figure across its products, from its own website. Details by product below.

By product

IOU Financial's products, as published

Open “Sources” under any product to see the exact wording and the page it came from.
Price not published
Amounts
Not published
Price
Not published
Term
Not published
Repayment
—
Minimums
Credit 630+ · Time in business 1 year · Revenue $10K/mo
Speed
as few as 1 day
Sources (5)
Price not published
Amounts
Up to $2M
Price
Not published
Term
Up to 84 months
Repayment
—
Minimums
Credit 650+ · Time in business 2 years · Revenue n/p
Sources (5)
Price not published
Amounts
$100K–$10M
Price
Not published
Term
Not published
Repayment
—
Minimums
Credit n/p · Time in business n/p · Revenue n/p
Speed
as little as 4 days
Sources (4)
Price published
Amounts
$15K–$1.5M
Price
Rate 1.5%–4% (per month)
Term
From 6 months
Repayment
Variable
Minimums
Credit 600+ · Time in business 1 year · Revenue $10K/mo
Speed
as little as 24 hours
Fees
Origination fee charged as 'a percentage of the loan amount' (no figure published); 'A portion of the origination fee may be netted from the loan amount the borrower receives.' Post-servicing fees listed in the FAQ: loan administration fee $695.00; UCC filing fee $250.00; stack penalty fee $2,500.00; site visit fee $150.00; late charge of 5% of the unpaid payment amount; legal fee of 15% and collections fee of 25% of the principal and any interest then owed; extension fee of up to 30% of the unpaid balance; and an insufficient funds fee for rejected ACH debits.
Personal guarantee
Required
Sources (15)
Price not published
Amounts
Not published
Price
Not published
Term
Not published
Repayment
—
Minimums
Credit 600+ · Time in business 1 year · Revenue $10K/mo
Speed
as little as 1 day after approval
Sources (5)

Similar funders

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Big Think Capital

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$10K–$5M550+ creditPrice published

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$50K–$200K550+ creditNo price

Lendio

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National Business Capital

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$250K–$15M600+ creditPrice published

ROK Financial

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$10K–$5M500+ creditNo price

1West

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$5K–$10M500+ creditPrice published

Head-to-heads

IOU Financial vs OnDeck

Pages we read

  1. https://ioufinancial.com/
  2. https://ioufinancial.com/financing-options/term-loan/
  3. https://ioufinancial.com/financing-options/business-line-of-credit/
  4. https://ioufinancial.com/financing-options/working-capital/
  5. https://ioufinancial.com/financing-options/equipment-financing/
  6. https://ioufinancial.com/financing-options/invoice-factoring/
  7. https://ioufinancial.com/financing-options/sba-bridge-loan/
  8. https://ioufinancial.com/expansion-capital/
  9. https://ioufinancial.com/faqs/
  10. https://ioufinancial.com/about/
Spotted something out of date? Funders and owners can send a correction with a link to where it's published. Listing IOU Financial here doesn't mean it works with Openbook.

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