Start-Up Business Loans in Scranton, PA
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 Scranton, PA, 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.
Scranton Business Loan Options
At StartCap, we believe in your potential. That’s why we offer funding and resources to help your business grow and thrive. Let’s get started!
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 Scranton or nationwide.
Here's a truck load of stuff to get kicked off
Find Start-Up Business Loans
Near Scranton, PA
StartCap supports businesses in Scranton and Lackawanna County with expert resources and funding. See the nearby cities we serve and let’s build your success! From Dunmore to Archbald and beyond, we've got you covered.
Start-Up Loan FAQ's
Scranton, PA pulses with entrepreneurial spirit, drawing inspiration from its coal mining legacy and industrial roots. Securing start-up business loans in Lackawanna County presents challenges, with local lenders often hesitant to fund new ventures due to perceived financial risks.
Here are a few local suggestions:- First National Bank of Scranton at Lackawanna Avenue & Wyoming Street
- Peoples Neighborhood Bank at Main Street & Penn Avenue
- Landmark Community Bank at Dunmore Highway & Olyphant Avenue
- Scranton Credit Union at North Washington Avenue & Adams Avenue
StartCap understands the complex landscape of business financing in northeastern Pennsylvania. While traditional banks may require extensive documentation, strong credit history, and substantial collateral, alternative funding strategies can help entrepreneurs transform their business concepts into reality.
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 Scranton, 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 Scranton, 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, Scranton, PA offers several local startup grant opportunities for entrepreneurs. The Northeastern Pennsylvania Alliance (NEPA) provides business development resources and micro-grants for small businesses in Lackawanna County. Local economic development organizations like the Chamber of Commerce offer targeted financial support for emerging companies.
Additional funding sources include the Small Business Administration (SBA) regional office, which connects Scranton-based startups with targeted grant programs. The city's economic development department maintains a database of local and state-level financing options, helping entrepreneurs secure initial capital through competitive application processes.
