Frequently Asked Questions
How much does Loan Pilot cost?
Loan Pilot is completely free for business owners. We’re paid by our lender partners — never by you.
Will checking my loan options affect my credit score?
No. We only use a soft credit check during matching. A hard credit pull only happens if you choose to move forward with a specific lender.
How fast will I get my loan quotes?
Most business owners receive up to 3 tailored loan offers within 24 hours of completing their application.
How does Loan Pilot find my matches?
Our AI scans 50+ verified U.S. lenders and compares your business profile to their lending criteria, ensuring you’re matched with lenders most likely to approve your application.
What types of loans can I get through Loan Pilot?
We work with lenders who offer working capital loans, equipment financing, business expansion loans, invoice factoring, lines of credit, SBA loans, and more.
Do I have to accept an offer?
No. You can review your loan quotes and decide if any of them fit your needs. There’s no obligation to accept an offer.
Is my information secure?
Yes. We use 256-bit encryption and strict privacy practices to keep your data safe. Your information is only shared with lenders that meet our security and compliance standards.
Is Loan Pilot a lender?
No. Loan Pilot is a trusted comparison platform — we connect you directly with verified business lenders so you can compare the best funding options in one place.
Who are Loan Pilot’s lending partners?
We partner only with licensed, U.S.-based lenders who meet strict compliance and transparency standards. Each partner is vetted for reliability, approval speed, and customer service.
How do I know Loan Pilot is legitimate?
Loan Pilot operates transparently, providing only real loan offers from verified financial institutions. We never sell your data, charge hidden fees, or show “fake” rates — ever.
Can I talk to a real person?
Yes. Our support team is available to answer questions and guide you through your options before, during, or after your application. You’ll also get direct lender contacts for any active quotes.
Can startups or new businesses apply?
Yes. While some lenders prefer established businesses, several of our partners work with startups and early-stage companies. We’ll match you to lenders most suited for your business type.
What do lenders look for?
Most lenders evaluate your monthly revenue, time in business, and business credit. Our system pre-screens your profile to show you lenders most likely to approve your application — saving you time and unnecessary rejections.
Is Loan Pilot available nationwide?
Yes. We currently serve all 50 U.S. states and are continually expanding our network of local and national lenders.