How do I get a loan?

Applying for a loan through Pathway Lending is easy and confidential. Start at where you can submit your information in just minutes and connect with a Customer Advocate, all without affecting your credit score.
We make it easy for you to find a loan that meets your business needs. Your completed online application will be reviewed by our team. During this review you may be asked to submit additional documentation, such as recent bank or financial statements to support your application.

Your Customer Advocate will work with you through the application process to make sure you are aware of where we are and what your next step is. Once your loan request is approved you will receive a Term Sheet detailing the loan offer. Once you signed and returned to Pathway Lending, our team will schedule a loan closing and work with you to deposit the loan proceeds in your verified bank account.

How long does it take to get my loan?

The approval and funding process is typically around 7-15 days. Although, the amount and complexity of your request can extend the review process and require you submit additional documentation. Once your loan is funded, loan proceeds will be transferred to your bank account electronically. Depending on your bank, this can take a few more days.

How much can I apply for?

Business loans through Pathway Lending are from $5,000 to $5,000,000. Of course, larger loans require additional supporting documentation during the review process.

Qualified borrowers may have multiple loans outstanding at the same time. To qualify for an additional loan, you’ll need to meet the current credit criteria and be in good standing with Pathway Lending. This means you may not be delinquent on your current outstanding loan. The maximum loan balance one borrower can have outstanding is $5,000,000.

Who qualifies for a loan through Pathway Lending?

First, Pathway Lending only provides loans to businesses operating in the state of Tennessee. Commercial, industrial, and retail businesses may apply. Private non-profit businesses are only eligible for our suite of energy efficiency and renewable energy loans.

In evaluating applications, we consider a number of factors, including information you provide on your loan application, information provided about you by credit bureaus, your credit score, and other information that predicts the likelihood that you’ll make on time payments until your loan is fully repaid. To qualify for the lowest rate, applicants must have excellent credit, including a high credit score, low percentage of total outstanding debt versus income, a long history of credit with significant successful credit lines, and other factors.

Learn more about the types of businesses typically not funded by Pathway Lending.

How can loan proceeds be used?

You can use Pathway Lending loan proceeds for commercial or industrial real estate, equipment purchase, business acquisition or expansion, working capital, or energy efficiency and/or renewable energy projects. Our loan products are flexible and can be used in a number of ways that help your business grow. You can even finance fees or other costs associated with the loan. If you have questions about our loan products just ask your Customer Advocate!
But, there are a few restrictions. Just a few. It is assumed that you will use the money for the purpose that was stated on your loan request.

Borrowers are prohibited from:

  • Making any false, misleading, or deceptive statements or omissions of fact in a loan application or loan listing, including but not limited to the loan purpose
  • Using any of the loan proceeds to fund any post-secondary educational expenses, including but not limited to tuition, fees, books, supplies, miscellaneous expenses, or room and board
  • Using any of the loan proceeds for the purpose of purchasing or carrying any securities
  • Using any of the loan proceeds to fund any illegal activity

Why was I declined for a loan?

We use information provided by credit bureaus such as your credit score, outstanding debt, as well as additional information provided during the application process, including financials and tax records, to identify potential borrowers.

At Pathway Lending, we follow guidelines set forth by our Board of Directors when considering each loan application. The following Self-Assessment will help you determine if you’re a good loan candidate.


  1. Does your management team have business experience?
  2. Is your business growing with market opportunities?
  3. Is there enough cash flow in your business to repay a loan?
  4. Do you or your business have any available collateral to pledge?
  5. Are you willing to personally guarantee a loan?
  6. Is your personal and business credit history reasonable?

If you answered yes to these questions, your business may qualify for a loan from Pathway Lending. If you have questions about your eligibility, contact our Customer Advocates at 615.425.7171 M-F 8am – 5pm CT.

If you have been declined for a loan the specific reasons for the loan declination are provided in an adverse action notice. Please note that the pre-screening process and loan application don’t impact your credit score, because neither action is reported to the credit bureaus as a hard credit inquiry. You are eligible to apply again for a loan via Pathway Lending thirty days after the date of the last application

How do I make loan payments

Many lenders, including Pathway Lending, prefer to accept your business loan payments through an ACH (Automated Clearing House) transfer directly. Most Pathway Lending term loans come with a fixed monthly ACH payment that will be automatically deducted from an authorized bank account on the same day each month.

How do I schedule a payoff?

If you’re ready to pay off your loan, congratulations! That’s a big achievement. To get started, please email (please include your loan number and date you want to schedule it) or call 615-425-7171 at least 2 business days before the due date of your next scheduled loan payment.

You can partially or fully prepay your loan at any time with absolutely no prepayment penalty or fee. Prepaying your loan will eliminate future interest payments. Call us, and we’ll work with you to complete the payoff process in a timely manner that meets your needs.

What if I’m late making a payment?

We give all borrowers a 10-day grace period to make payments with no penalty. We’re here to work with you, but depending on how late your payment is, we’ll report this to credit bureaus and may work with collection agencies to recover the loan proceeds owed to investors.

If you’re having a problem making your payments, please contact us immediately at 615-425-7171 or