Start-Up Business Loans in Memphis, TN
Ignite your idea's rocket boosters with up to $500,000
+ $20,000 in free digital marketing services
Start Your New Business Right
The excitement of starting a business is unmatched, but financial challenges can feel overwhelming. With a start-up business loan in Memphis, TN, and the right support team, there are no limits to your success.
No Collateral? No Problem!
No need to pledge your spaceship—our unsecured loans are designed to let you focus on launching, not stressing.
Terms up to 10 Years
From liftoff to cruising altitude, our repayment options stretch up to 10 years, giving your business room to grow.
Funding at Light Speed2
Need funds fast? We’ll deliver in record time—because the universe waits for no entrepreneur.
Memphis Business Loan Options
StartCap empowers businesses to grow with funding and tailored solutions. Let’s take your vision to the next level together!
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Memphis or nationwide.
Here's a truck load of stuff to get kicked off
Find Start-Up Business Loans
Near Memphis, TN
From Memphis to other parts of Shelby County, StartCap provides funding and resources to help you thrive. See the nearby cities we support and let’s get started! From West Memphis to Hernando and beyond, we've got you covered.
Start-Up Loan FAQ's
Memphis, TN entrepreneurs find securing start-up business loans an intricate journey through financial landscapes. Traditional local lenders often hesitate to support new businesses without extensive credit histories or collateral, making initial funding complex for aspiring business owners in Shelby County.
Here are a few local suggestions:- First Tennessee Bank at Main Street & Union Avenue
- Regions Bank at Poplar Avenue & Highland Street
- Memphis Teachers Credit Union at Cleveland Street & Madison Avenue
- First Citizens Bank at Jackson Avenue & Danny Thomas Boulevard
StartCap recognizes the complex financing ecosystem for local entrepreneurs. While standard bank requirements typically include detailed business plans, personal credit scores above 680, and demonstrable revenue projections, alternative funding sources can provide critical support for emerging Memphis businesses seeking initial capital investments.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & minimum requirements.Interest rates for start-up business loans in Memphis, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Memphis, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster. Alternatively, many business & personal credit cards have introductory rates starting at 0% for up to 2 years.
No, not always—it depends on the type of loan you're applying for. Some funding options require business registration, while others focus on personal credit, income, or assets instead. If your business isn’t registered yet, don’t worry! We can either guide you through the registration process or explore funding alternatives that don’t require it.
Yes, Memphis, TN offers several local startup grant opportunities for entrepreneurs. The Memphis Chamber of Commerce and local economic development organizations provide targeted financial resources for small business founders. Grants range from $5,000 to $50,000, focusing on supporting innovative enterprises within the city's economic ecosystem.
Key grant options include the Memphis Business Accelerator Program, which awards seed funding to promising startups. The Urban Innovation Hub offers quarterly micro-grants specifically for tech and social impact ventures. Local philanthropic organizations like Epicenter Memphis also distribute competitive startup funds to qualified applicants with strong business models.
