The 10 Best VoIP Providers in 2023

Black IP desk phone on an office table

As new technology emerges, professional communication tools are no longer limited to large corporations. Voice over Internet Protocol (VoIP) software brings cost-effective calling to businesses of any size while adding features that increase both productivity and efficiency. We found the best VoIP providers for businesses of all types.

Quick View

Software

Price

Call Recording

Voicemail/ Call Forwarding

Conferencing

Auto Attendant

$19.99 to $49.99 per user per month

On-demand or automatic depending on plan

Visual voicemail, voicemail to email, voicemail to text

Up to 100 video participants for free

Multi-level auto attendant

$11.95 to $57.95 per user per month

Can record calls and videos at higher tiers

Voicemail to email or SMS notifications, no call forwarding

Video up to 250 participants, unlimited audio conferences

Can customize to route calls to appropriate area

As low as $14.99 per month, scales with business

On-demand call recording

Virtual voicemail, recordings sent to inbox, call forwarding

Up to 30 participants with conference bridge

AI virtual assistant with natural voice interactions

$19.95 to $24.95 per month per user

Record calls and play back as needed with Pro plan

Basic voicemail and call forwarding available

Up to 25 participants with Pro plan

Automate how you manage incoming calls

$25.49 to $46.74 per user per month

On-demand or always on at higher tiers only

Voicemail transcription limited to higher tiers

Up to 100 person video conferences

Can set up and record prompts

$15 to $25 per user per month, custom plans available

As simple as clicking the record button

Voicemail transcription at any tier level

Video conferencing with AI transcription

Multi-level auto attendant

$26 to $80 per month

None available

Call forwarding and voicemail to email audio files

None available

Custom greetings, live receptionist available for an additional fee

$0 to $99 per user per month

Record calls to gauge team’s performance

Can forward calls at any time to voicemail

Conference calls to collaborate from anywhere

Automatic call distribution system to get calls to the right place

$15 to $133 per user per month

Save recordings to your device or a cloud

Call forwarding, voicemail transcription

HD audio and video conferencing with up to 500 participants

Multi-level auto attendant

$22 to $39 per user per month

Record all calls or just specific ones, access recordings from the cloud

Call forwarding, voicemail to email

Built-in one click audio and video conferencing

Recorded greetings to route callers to the right place

Quick Verdict

Best Overall: RingCentral. RingCentral makes its service available for as low as $19.99 per month to small businesses. You can make and receive unlimited calls within the US and Canada, structure automated prompts for callers, and make use of several collaborative tools to boot.

The Best VoIP Providers for Businesses

Choosing the right VoIP provider for your business comes down to functionality, feature set, and price. Without further ado, here’s a breakdown of the best VoIP providers for businesses on our list.

RingCentral logo

RingCentral

$19.99 to $49.99

4.7

RingCentral isn’t afraid of sharing features. Even its introductory plan at $19.99 per user monthly has voicemail capabilities, toll-free numbers with minutes, and access to the mobile app. Jumping up a tier adds in the majority of remaining features for just $27.99 a user.

Call recording is available on-demand at this price point, but saving the conversations you want to keep is as easy as the push of a button. You can set up your multi-level auto attendant with custom greetings and phrases to help it guide customers to the correct member of your team.

A separate application called RingCentral Video Pro allows you to host meetings of up to 100 participants and integrates well with Google and Microsoft. The basic video package is always free, but there is an option to upgrade for $11.99 per user per month.

With all it offers, RingCentral can be daunting for new users to dive into. Once you’ve learned the software and taught your team, you likely won’t look back.

This internet phone service stands out further by providing a means to share documents and chats within the app itself. This piece of project management software can be a huge blessing for smaller businesses that can’t afford multiple packages.

RingCentral covers communication and collaboration for one low price, making it the best VoIP provider for small businesses. Check out our complete RingCentral review if you’re interested in this software.

  • Unlimited calls within the US and Canada
  • Mobile apps for iOS and Android
  • Built-in team messaging and document sharing
  • Can be overcomplicated for first time users
Nextiva logo

Nextiva

$11.95 to $57.95

4.4

Nextiva has an abundance of features at its disposal, but a lot of these are hidden away in higher-tier plans. It’s possible to use the VoIP service for under $12 per month, but most key components aren’t accessible unless you’re able to pay $26.95 per user per month for the Enterprise plan.

At this level, you’ll be able to perform an unlimited number of audio or video calls or conferences with customers or teams. You can be notified of any calls you miss through email or SMS. The Enterprise plan also allows you to record calls or video conferences for training or future reference.

Nextiva has an attentive auto-attendant that helps save time on the phone. While the lower tier offers only a basic attendant, higher-level plans allow you to customize the attendant to your specific business phone system. It can also direct calls to the right person within your team.

A mobile and desktop app is available at all price points and lets you manage your communications from anywhere you have internet access. Should you encounter any issues along the way, Nextiva boasts 24/7 customer support that is quick to problem-solve. To learn more about Nextiva’s features, read our complete Nextiva review.

  • Unlimited calling within US and Canada
  • Mobile app to stay connected from anywhere
  • Customizable auto attendant
  • 24/7 customer support
  • Call recording is limited to higher-tier plans
Vonage logo

Vonage

From $14.99

4.3

Vonage is no stranger to VoIP, providing internet phone service to both home and business. When it comes to business, pricing per user varies depending on how many team members you have. Businesses between 20 and 50 users pay $14.99 for the lowest tier plan, but smaller enterprises will pay more. Once you’ve surpassed 100 users, you’ll have to call sales for a quote.

This VoIP service prides itself on keeping you connected, offering a mobile and desktop app to access your communications from anywhere. When it’s time to put the business down for the day, you can still be notified of important voicemails or allow only specific calls through.

To help screen calls, Vonage has an AI-based virtual assistant that understands voice. It has the capability to direct callers where they need to go and can be customized further at higher-priced tiers.

Of all its features, Vonage has limitations on large-scale conferences. Its conference bridge only allows 30 participants to join at one time, which may not be enough for some teams. Vonage’s customer service also leaves something to be desired, only reachable through email or chat.

If you’re familiar with APIs, Vonage has several layers of customization to make your setup unique. Customers remember a tailored phone experience much more than a canned one.

Vonage is a large telecommunications provider that still understands the tools small businesses need to succeed. Its customizability affords the opportunity to make your internet phone service your own.

  • Several routing options to never miss a call
  • Apps for mobile and desktop
  • Very customizable with communications APIs
  • Limited customer support
  • Hard to understand which plans offer which features
Ooma office logo

Ooma Office

$19.95 to $24.95

3.9

Ooma Office has two price points for businesses that vary significantly in features. To use the features that small businesses tend to use the most, you will need to grab the Office Pro plan at $24.95 per user per month.

The basic tier lacks the ability to record any phone call. Pro users can choose to record every conversation or set up the app to save talks on demand. Similarly, the entry-level package doesn’t have the means to do any video conferencing with clients or your team. Nor will you be able to access the desktop app to communicate or manage VoIP settings on the low-priced tier.

No matter which plans you choose, you will be able to make use of voicemail or call forwarding as needed. You can also set up an AI attendant to receive calls and point clients to the correct team member.

A true benefit of Ooma Office is that each user receives a unique direct-dial number instead of an extension. This can add a level of professionalism to a business while making it easier for customers to reach your team. If you have a number you’re passionate about, Ooma often waives the fee for porting it over.

Most of Ooma’s best features are only available in the Pro plan. That being said, all your users have access to a personal direct-dial number no matter which package you choose. Read our Ooma Office review to learn more about its pricing and features.

  • Desktop and mobile app
  • Unlimited calling in U.S., Canada, Mexico and Puerto Rico
  • Direct dial numbers for each user
  • Desktop app is limited to the Pro plan
Mitel logo

Mitel

$25.49 to $46.74

4.2

Mitel keeps most of its features as low-hanging fruit, giving access to a majority of its tools for $25.49 per user on a monthly basis. Limitations creep in with voicemail transcription and call recording. You can only find these features hiding out in higher-tier plans. 

At every price point, Mitel makes available its slew of collaborative tools. These include video conferences of up to 100 people and a platform for teamwork and business SMS messages. Although Mitel integrates with Salesforce, what’s offered here is enough for a small business to start.

The internet phone service further links up with Microsoft Outlook and Google’s suite of applications for seamless information sharing. It also casually shells out an unlimited number of minutes per month for outbound calls–something that’s usually limited in other plans.

What makes Mitel frustrating at times is the amount of work it takes to initially set up. Once you’ve navigated these potholes, you should have clear roads ahead.

Finally, Mitel’s app works on PC, Android, and iOS devices, so you can stay plugged in no matter where you are. It’s easy to reroute calls when you’re ready to hang things up for the day.

  • 100-user video conferences available even at the lowest tier
  • Unlimited minutes per month
  • Integrates with Microsoft Outlook and Google Suite
  • App for PC, Android, and iOS
  • Initial setup can be daunting
Dialpad logo

Dialpad

$15 to $25

4.6

Dialpad has a lot of great features, but none compare to what it can do with artificial intelligence. This AI can be the core of your customer service experience, guiding callers to the correct location while setting the tone of your business.

You can also use AI to scale sales and revenue to be proactive on each of those fronts through automated messaging. These virtual assistants can also transcribe conversations during video conferences that you can read through later.

When transcribing voicemail, the AI lets you know the tone of the message, so you know what you’re about to jump into. Dialpad also makes call recording easy, where a click of a button records and then saves those critical pieces of data.

The two price points vary the most when it comes to customer service, as Dialpad isn’t always available should you use the Standard plan. The Standard plan also limits your service to one physical location.

Each plan boasts unlimited calling and SMS to stay at the forefront of communication. Best of all, you can find out for yourself risk-free through Dialpad’s 14-day trial.

Dialpad maximizes its artificial intelligence output through attendant and transcription to save you time and effort. Check out our complete Dialpad review if you’re interested in this tool.

  • Free 14-day trial
  • Unlimited calls, SMS, group messaging
  • Call recording and voicemail transcription at every tier
  • AI can record conversations for playback later
  • Limited integrations and support on the Standard plan
Grasshopper logo

Grasshopper

$26 to $80

3.1

Grasshopper introduces a rather unique pricing formula that makes it one of the best VoIP providers for small businesses. All features are always made available, and plans are flat rate depending on the number of phone lines and extensions you use.

For $26 per month, you’ll have access to one phone number and three extensions. This scales to $80 a month for five lines but an unlimited number of extensions to share among your team.

Each line or extension can set up its own call forwarding and voicemail transcription for calls that don’t get answered. A desktop and mobile app make this process as smooth as can be.

Grasshopper lets you record personalized greetings when customers call in to help guide them to the right extension. If this isn’t enough, Grasshopper partners with Ruby to send your calls to a live receptionist for an additional fee.

The VoIP service doesn’t have the means to record audio from phone calls, nor does it have any conferencing capabilities. This may not be an issue for small businesses but should be kept in mind if you’re working across multiple locations.

Grasshopper’s flat monthly rate speaks to businesses that don’t need a lot of phone numbers but still want to capitalize on features. If you’re interested in this VoIP provider, check out our complete Grasshopper review.

  • Free 7-day trial
  • Mobile and desktop apps
  • Flat rate per month
  • Lacks conferencing and call recording
Freshdesk logo

Freshdesk Contact Center

$0 to $99

4.3

Freshdesk Contact Center’s feature list fits well with businesses that make use of a call center. There is technically a free VoIP plan, but this tier doesn’t offer a single minute of incoming or outgoing calls. You’re forced to pay for every minute your team uses.

It’s almost assuredly better to invest in one of the other plans that start with 2,000 free minutes and scale depending on how much voice traffic you’re going to see each month. These plans also grow in features representative of larger-scale businesses.

The internet phone service includes call recording to monitor employee interactions with customers. There are also options for wait queues and custom greetings to keep callers informed.

Conference calls let you stay in touch with your team to collaborate and share insights. You can capture notes while on calls to look back on as needed.

While you can customize some initial interaction points with customers, most of the software is rigid and unable to be modified. It’s designed with call centers in mind, and there’s little you can do to get away from that. However, if your small business has a call center of any size, Freshdesk is worth a look.

Freshdesk Contact Center is built for call centers with agent tracking, call recording, and a real-time dashboard.

  • Free 21-day trial
  • Call notes on conference calls
  • Monitor service levels
  • Limited customization options
8x8 logo

8×8

$15 to $133

4.6

8×8, named for the number of video pixels representing the basic building block of video transformation, brings together voice, video, and messaging.

Even the Express plan for $15 per user per month doesn’t shy away from features. You can use the auto attendant to build a multi-level automated call system with prompts and talk back. One account allows for multiple call flows depending on the origin of the call.

You’re also privy to visual voicemail features that you can read at a glance. Even at this level, it’s possible to set up video conferences for up to 100 individuals. The software can record and transcribe meetings for future reference.

Video conferencing capability grows with each plan, expanding to a total of 500 participants at higher levels. While missing from the Express package, call recording is available to keep important conversations or points you want to circle back to later.

These higher-tier plans also introduce the ability to call internationally to 48 different countries. Communications to these countries are unlimited at these plan levels.

For all 8×8 does have, it’s not as easy to identify and block spam calls like the other best VoIP providers for businesses can. While not impossible, it can’t be accomplished with a simple button press.

8×8’s X Series is one of the best VoIP apps for business or personal use with stellar features and the capability to connect with 48 countries around the globe. Read our ultimate 8×8 review to learn more about its features and pricing.

  • Voice calling for up to 48 countries
  • HD video conferencing
  • Mobile and desktop apps
  • Limited protection from spam calls
GoTo Connect logo

GoTo Connect

$22 to $39

4.5

Formerly known as Jive, GoTo Connect has rebranded itself as one of the best VoIP providers for small businesses. At the top of its list of features are built-in audio and video conferencing tools that require nothing more than a click to use.

Conferencing is handled seamlessly from GoTo Connect’s desktop or mobile apps without requiring any additional downloads. You can pull in up to 250 people from 30 different countries, even with just the base package.

While you’re chatting with your team, your auto attendant can field your incoming calls with custom greetings and directions. If no one can answer the phone, the internet phone service can forward calls elsewhere, or you can receive an email notification from voicemail.

Plans don’t cost an arm and a leg either, with the Basic plan at $22 per user per month. You’ll need to upgrade plans to have access to call recording and GoTo Connect’s analytics.

Even small businesses need more than local calling, and GoTo Connect skimps on minutes until you reach the upper echelon of its plans. The same holds true for international calling, where they could be a bit more generous upfront.

Bottom Line: GoTo Connect carries a lot of features even at the basic level, with a stellar audio and video conferencing service.

  • Built-in conferencing at every level
  • Unlimited extensions
  • Real-time analytics
  • Limited toll-free minutes in lower tiers

Choosing the Best VoIP Provider For Your Business

When deciding what the best VoIP provider might be for your business, consider how the following features would impact your business.

  • Hardware
  • Local/toll-free numbers
  • Desktop/mobile apps
  • Call routing
  • Customer support
  • Usability
  • Price

Hardware

When investing in VoIP software, you’ll also need to pick up or have access to the appropriate hardware to make use of your new service. Providers often sell headsets or VoIP-specific phones as an add-on to your package. In some cases, you may be able to bring in a VoIP-enabled device that you already own.

Local/Toll-free Numbers

Even if you’re only planning to run a local business to start, consider how it will scale over time. If you expand to online sales, it’s helpful to have a toll-free number that customers can call from anywhere.

The best VoIP providers for small businesses give you room to scale and add toll-free or vanity numbers as you grow. They also allow a number of toll-free minutes for calls to keep your costs down.

Desktop and Mobile Apps

While VoIP revolves around making and receiving calls, a desktop or mobile app serves as a hub for customization, collaboration, and analytics. Here’s a list of the best VoIP cell phone services for you to check out.

These apps allow you to view incoming and outgoing calls, listen to recordings, and see how each member handles the calls they receive. Analytics can show how long customers are on hold, and where bottlenecks are located and offer insights to make your system more efficient.

It’s also within these apps that some VoIP providers feature video conferencing so you can communicate with your teams no matter where they may be.

Call Routing

Customers hate being bounced around when they call in with a question, or complaint, or to place an order. It’s important to use a VoIP service provider that helps customers navigate where they need to go and fast.

Auto attendants serve as a means to greet callers without tying up one of your staff, and most can be customized to fit your business. Multi-level attendants can seamlessly weave clients through a maze of prompts and handle callers differently based on the criteria you choose.

Customer Support

An internet phone service is only as good as the amount of time it’s working. Most VoIP services boast 99.99% uptime, but it’s crucial to be able to reach for help when something isn’t working as planned. Some basic plans lack customer support options, so check before you buy.

Usability

It stands to reason that your entire team will be working with your VoIP software in some capacity. Whether these people are tech-savvy or not, the service needs to be presented in a way that’s easy for everyone to understand.

Some VoIP providers have a lot of features and are difficult to take in at first glance. Should you choose one of these, work through the systems first to teach your team when the time comes.

Price

Pricing is an integral factor for any small business, and VoIP systems providers don’t typically come cheap – however, there are some pretty affordable VoIP services worth checking out. Although you want to pick a plan that factors into your budget now, make sure it also scales well as your company grows. Some providers offer discounts based on the number of users who receive a line or extension.

Frequently Asked Questions (FAQs) for Best VoIP Providers

Conclusion: Best VOIP Providers

VoIP technology brings not only a better way to communicate with customers but also tools to help your company succeed. Recordings and easy-to-access voicemail mean you’ll never miss an important detail, while audio and video conferencing help keep your team on the same page.

We’ve found RingCentral to be the top option for businesses with its low price point, robust feature set, and unlimited calling anywhere in the US or Canada. If RingCentral doesn’t push your buttons, we’re confident one of the other VoIP service providers on this list will.

The Best Bad Credit Business Loans You Can Apply For Online

Bad credit business loans concept

Keeping a business open these days is liable to leave you with both a need for extra funds and less than stellar credit. Unfortunately, it’s a truism that banks only lend to people who are already pretty financially healthy. The good news is that there are many options for bad credit business loans out there, including a variety of online and alternative lenders. 

Quick View

Lender

Interest Rates

Pre-pay penalties

Term Length

Loan Fees

Application Process

Starting at 7.99%

None

12 to 36 months

Variable fees

Create online profile, funding within 48 hours

8.33%

None

24 or 52 weeks

No application or origination fee

Soft credit pull, receive money in days

Starting at 35%

None

Up to 24 months

Origination fee, late payment fee, returned payment fee, monthly maintenance fees

Apply online for same day decision

Factor rate: 1.15

APR: 9.99%

No info

6 to 18 months

2.5% origination fee and more

Meet requirements, apply online, receive funds same day

Factor rates: 1.10

Early pay-off discounts

4 to 15 months

2.5% origination fee

Apply online and receive funding in 72 hours

Pegged to prime rate

Up to 5% of prepayment

Long term

Varies

Find a local lender, can take months

Quick Verdict

Best Overall – Biz2Credit. While they don’t necessarily specialize in bad credit borrowers, they can find terms to meet most needs.

The Best Bad Credit Business Loans 

Find out more about the best business loans for bad credit available. We found the easiest, most convenient business financing options you can apply for online. With a range of term lengths, interest rates, and more, you’ll be able to find the financing option to match your needs.

Biz2Credit logo

Biz2Credit

Starts at 7.99%

4.6

Biz2Credit asks a lot from their customers, including a higher minimum credit score for a business loan. Small business owners may find it easier to get a working capital loan, which is paid back according to the business’s receipts.

Note that terms start at one year, while other lenders on this list usually offer shorter-term loans. It may be a little harder to qualify for Biz2Credit, but the benefits are better rates and longer terms.

Application process: 

  • Create profile
  • Submit application, including bank statements
  • Decision within 24 hours
  • Funding within 48 hours
  • Working capital and term business loans
  • Longer term loans
  • Weekly or biweekly payments
  • Requires 660 personal credit score, $250k annual revenue
FundBox logo

FundBox

Starts at 8.33%

4.2

Fundbox offers several different financing options, including term business loans and business lines of credit. The service requires you to link accounting software and other information to assess your business. This means they aren’t relying solely on a personal or business credit score, so there’s no minimum credit score requirement to meet and a poor credit score won’t interrupt your cash flow.

While Fundbox has a lot to offer, there are a couple of things to be aware of. First, their term loans are still in “beta,” a term borrowed from software developers for something that’s not 100% ready. 

Also, be aware that Fundbox’s auto-payment always withdraws on Wednesdays. Even if you pay off the loan early, you’ll still have to wait for the next Wednesday payment to roll around.  Fundbox assesses your business’s health, rather than credit score, when deciding to extend a small business loan.

Application process: 

  • Connect accounting software and checking account to assess business health
  • Soft credit pull
  • Select terms
  • Receive money in days
  • Quick approval
  • May be able to get a second loan without reapplying
  • Auto-payments available
  • Term loans in beta
OnDeck logo

OnDeck

Starts at 35%

3.6

OnDeck doesn’t specialize in offering a small business loan with bad credit. There’s also a minimum personal credit rating you’ll need, so a bad credit score may put this option out of reach. However, a term loan with OnDeck offers one big advantage for business loans.

If you need cash flow quickly, OnDeck provides funds as soon as the same day you apply. While the interest rate and fees may make your eyes pop, there may be circumstances when fast financing is worth it. Additionally, the business loan agreement includes a number of benefits, including opportunities to wipe out interest and save some money.

Application process: 

  • Apply online
  • Requires bank statements, annual revenue
  • Receive same-day decision and funds
  • Prepay and remaining interest waived
  • Loyalty program – take out a new loan and existing interest waived
  • Consistent payment amounts
  • Personal credit score, annual revenue, and other loan requirements
Credibly logo

Credibly

Starts at 9.99%

3.5

You can have a fairly low credit score and still be eligible for business loans with Credibly. Poor credit history may impact the interest rates that are offered to you, however. While you may be able to get a business loan with bad credit, Credibly may not be a great option for startup business loans. Your business needs at least a few months of revenue history to qualify. 

Application process: 

  • Provide bank statements, cash flow, and credit information–min. personal score 500
  • Receive funding same day
  • Several business financing options
  • Quick turnaround times
  • Quick Draw funding allows additional loans
  • Requires at least 6 months in business
Fora Financial logo

Fora Financial

Starts at 1.10%

3.2

With terms as short as 4 months, Fora Financial is a great option if you need some additional funds, but only for a little while. Early pay-off discounts make Fora an even more attractive choice for short-term financing.

Business lenders typically take bad personal credit into account. However, Fora has a minimum credit score of 500, which is fairly deep in “bad” territory. As a result, if your business can meet requirements in sales and a few other areas, you may be able to get a business loan matched to your needs. Secured loans and other options for bad credit are also available.

SBA loans can help those with a poor personal credit score get long-term financing.

Application process: 

  • One-page application
  • Provide 3 months of bank statements
  • Funding in as little  as  72 hours
  • Tailored amounts and terms
  • Unsecured and secured business loans are available
  • Open to applications 24 hours
  • Requires 6 months of operation, $12,000 in monthly sales, and no bankruptcies
US SBA Loans

US SBA Loan

Starts at 5%

3.0

One requirement for SBA loans is that every other business financing option has been denied, so in some ways, it’s the last resort option for small business loans. The SBA  arranges and guarantees the loans, giving traditional banks additional confidence in businesses looking for money. Some requirements, like minimum credit score and the length of the term loan, depending on the specific lender.

Interest rates are limited, usually pegged to the prime rate. There are also a range of other protections for borrowers required by the SBA. SBA loans can help those with a poor personal credit score get long-term financing.

Application process: 

  • Find a local lender working with Small Business Administration
  • Gather business documents
  • Can take months
  • Loan partly guaranteed by SBA
  • SBA matches you to interested lenders
  • Fixed and variable rate loans
  • Through traditional bank
  • Can take several months

Choosing the Best Bad Credit Business Loan

You may need to get a business loan to keep your doors open and make enough to pay your debts. Unfortunately, bad credit scores can make getting a small business loan from a traditional bank very difficult, dooming businesses that might have built back to great success. 

Luckily, there are now other options where businesses can get a term loan, merchant advance or other types of financing. These alternative lenders take other factors into account, offer shorter terms, and provide other options that can keep your business operating despite bad credit history.

Interest Rate and APR

Many alternative and online lenders will offer a range of loan options, which allows a business owner to select financing options that best fit their needs. An important factor in that decision is the interest rates on offer, which will determine the bulk of the loan’s overall cost.

Most lenders consider a credit score when determining the rates they offer, including both personal and business credit scores. Small business loans for bad credit scores usually come with a higher rate to compensate for the perceived higher risk. You can expect the loan to end up costing more overall as a result. 

Note that interest rate and annual percentage rate (APR) aren’t the same things, as APR includes some fees. Additionally, some options may not ask you to pay interest, for example, you may be able to find a business line of credit that only charges fees. 

Term Length and Penalties

Most loan options will come with a term length, penalties for non-payment, and a range of other terms. Obviously, it’s important to review them thoroughly as they determine how and when repayment is due, as well as what happens if the loan isn’t repaid. 

Term loans are one particular type of small business loan, one that you’ll commonly find offered by online lenders and which matches most people’s idea of “how a loan works.” A term loan can be particularly difficult to get with bad credit, however. There are other options,  like merchant lines of credit or invoice factoring, that might be easier to obtain. We delve into those options more below.

Loan Purpose

The reason you’re seeking a business loan may actually impact your approval odds. When small businesses are seeking money to expand or grow, approval may be more likely even with a less than perfect credit score. 

Additionally, loans for things like buying new equipment may be easier to get with a poor credit score, as the piece of equipment itself can act as collateral for the loan. The minimum credit score required for different types of financing can also vary, so you may be able to find a lender even with poor personal credit scores.

Loan Requirements

Before paperwork is examined or your business plan reviewed, there are some minimum requirements that may have to be met for loan approval. The requirements can include a specific credit score, though others regarding a business’s health can’t be found on a credit report.

A business loan offered for small businesses might require an open business bank account, a minimum business cash flow, and at least a few months of operation. Some loans might require a personal guarantee from the owner, particularly if the business has bad credit. 

Additionally, some financing options may have specific requirements, like a down payment for buying new equipment or assessing outstanding accounts for invoice financing. 

Alternatives

The financing option most people are familiar with are personal loans structured as a term loan, with interest on the principal being repaid over a specified timeline. Whether it’s an unsecured or secured loan, these loan options can be particularly difficult to obtain with a poor credit score. Small business owners have a wider range of options available to them, however:

  • Equipment financing: Similar to a car loan, the new equipment being purchased acts as collateral for the loan.
  • Invoice financing: Money is borrowed against unpaid customer invoices, allowing you to access some of that money immediately. Invoice factoring is a similar option. 
  • Merchant cash advance: Merchant cash advances involve borrowing money in return for a share of future profits from credit card sales, something that should perhaps be done cautiously.
  • Working capital loans: Short-term loans used to fund day-to-day operations. 
  • Business credit cards: A business credit card functions more or less the same as a personal one. Can be difficult to obtain with bad credit.
  • Business credit line: Business lines of credit are somewhat similar to credit cards, in which you have a running balance you can pay down, with an overall credit limit. The difference is you can borrow and pay back cash, rather than being limited to a card.

In addition to different types of loans, there are other things you can do to improve your odds of getting bad credit business loans. Some online lenders have more generous requirements. Another option may be to sign a personal guarantee, making you personally liable for the loan.

Frequently Asked Questions (FAQs) for Bad Credit Business Loans

Final Thoughts on Bad Credit Business Loans

It’s not impossible to get a business loan with bad credit. However, you may need to do some homework and find the option that best meets your needs and budget. With the mix of traditional and innovative lenders available today, there are options to meet almost every need.

The 8 Best Restaurant Payroll Software Options in 2023

Person looking at a payroll software on a tab device

One of the biggest expenses for any restaurant is payroll. Modern payroll software platforms for restaurants include features that do the math for you, file your taxes, manage benefits, and even help with hiring new workers. Check out our list and see which of the best restaurant payroll software can help you save money in 2023.

8 Best Restaurant Payroll Software – Quick View

Software

Price

Tax Filing and Payment

Analytics and Reporting

Direct Deposit, Parcards, Checks, etc.

Support

$36/month + $4/employee

E-file and pay

Custom reports, export reports to PDF, spreadsheet, or accounting software

All options included in plan

Library of support docs, plus business-hours phone, chat, and email support

Core – $39/month + $6/employee per month

Complete – $39/month + $12/employee per month

E-file and pay

Custom reports, Workforce cost totals, Anonymous feedback surveys

Next-day direct deposit, paycards, and Gusto Cashout

Guides, tutorials, and phone support

Paychex Flex Essentials – $39/month + $5 per employee.

Inquire for other plans

Pro and above can calculate, file, and pay taxes

Standard payroll analytics

Direct deposit

Phone support

Core – $45/mo + $4/employee

(Discounts often available)

E-file and pay

Some reports

Direct deposit and checks

Phone, chat, docs

Employees and Contractors – $35/month + $5/employee
Contractors only – $5/employee per month

E-file and pay

Basic reports

All options

Live support + docs

Starts at $59/month + $4 per employee

E-file and pay

Create your own reports

Paycards extra

Support docs

Basic – $99/month + $5/employee

E-file and pay

Create your own reports

Direct deposits and paycards

Phone, chat, docs

$20/month + $6/employee or contractor

Some states E-file and pay

Basic reports

Direct deposit and check

Chat and docs

Quick Verdict

Best Overall – OnPay. The service offers a straightforward price plan and a complete slate of features. It does that while also offering great customer service. It’s a hard combo to beat, making it the best payroll software for restaurants.

The 8 Best Payroll Software for Restaurants

Let’s take a look at some of the best restaurant payroll software options out there.

Onpay logo

OnPay

From $36/month

4.6

OnPay provides both HR and payroll software for a single rate, one of several payroll providers who do so. On offer are a standard slate of features, like unlimited pay runs, services to manage payroll taxes, and direct deposits. 

Reporting tools are also available, as is the ability to export payroll data. Additionally, OnPay has several tools aimed specifically at restaurateurs such as minimum wage tip makeup and overtime calculations.

  • Accurate tip calculations, even with OT.
  • Free help setting up integrations and migrating.
  • HR and business management tools included.
  • Short list of integrations.
Gusto logo

Gusto

$6 to $149

3.8

Gusto isn’t solely a piece of restaurant payroll software, but it does offer many helpful payroll features, such as automatic payroll tax calculations. Support for all 50 states is offered, as well as multi-state payroll processing. Also, even the most basic service level comes with unlimited pay runs. 

With Gusto, you’ll also get a number of other useful features. It can help you manage your employees’ benefits, as well helping you hire new employees. Gusto can also help you distribute and evaluate satisfaction surveys.  If you’re interested in Gusto, see our review on Gusto for more information on its features and pricing.

  • Unlimited payroll runs.
  • Overtime alerts.
  • Slate of tools for easy hiring.
  • More expensive option.
Paychex logo

Paychex

$39

2.4

Paychex offers a wide range of subscription levels, with specific features added at an individual cost. Features that come at an additional cost include tax management tools, wage garnishment services, and state unemployment insurance. Some features, like paycards for your employees, can be added without additional cost.

Unlike some other options, Paychex doesn’t come with tools for time tracking and benefits. However, it does integrate with apps that can help. Additionally, you can find help at physical locations around the United States.

  • Find help nationwide at brick-and-mortar locations.
  • Run payroll from the mobile app.
  • Find tax credits for a percentage of return.
  • Lots of features have additional fees.
QuickBooks payroll logo

Quickbooks payroll

$45 to $125

3.2

Intuit has been around for decades and many people are familiar with its accounting or tax software platforms. Quickbook is not specifically restaurant payroll software, but it does provide many useful features, like automated payroll processing, tax management, and a guaranteed accurate payroll. 

  • Part of a wider suite of accounting tools.
  • Expert-assisted setup available.
  • Lots of nice features included with Core package.
  • Some features reserved for other Quickbook products.
Square payroll logo

Square Payroll

From $35

4.0

Square payroll offers a standard menu, including things like payroll tax payments, and the ability to manage benefits. The software also helps restaurant owners, in particular, address a common headache: there are several options for common tip-splitting arrangements.

There’s really only one tier of service, so everyone gets the same access to Square’s customer support team. Square offers other products for accounting, reporting, and a variety of other functions, but these aren’t included in their payroll software. Read our Square payroll review for an in-depth analysis of this software.

  • Single, low fee for all features.
  • Live support for account setup.
  • Several options for tip-splitting.
  • Some features saved for other Square products.
ADP Run logo

ADP Run

From $59

3.3

ADP may be familiar to restaurant owners, as well as other business people, as a well-known provider of financial tech. They offer a slate of payroll features, with a menu of add-ons that can be matched to your specific budget. For example, time tracking isn’t included with the basic payroll software, but is available with the Workforce Management add-on. 

ADP Run is not specifically restaurant payroll software, but it may work well for larger businesses. In particular, the web-based payroll service means it’s easy to run payroll for multiple locations. 

  • Tax filing error detection and alerts.
  • Tailored plan and price.
  • Automated reporting of new hires.
  • Pricing is not transparent.
Paycor logo

Paycor

$99 to $199

3.4

Paycor offers bundles of business software, not just payroll software. As a result, it offers a lot more than just payroll management, potentially including help with onboarding, a range of analytics options, and other HR functions. 

It does offer a lot of payroll tools, too. The software will help with payroll taxes, garnishments, and provides an employee self-service portal. It can also provide things like a FICA credit tip report, to help you find tax savings.

  • 30+ years serving restaurants.
  • Employee self-service portal
  • In-app prompts for regulatory support.
  • Expensive option.
Wave Payroll logo

Wave Payroll

$20 to $35

2.6

Wave payroll software offers many of the same features other options do, though in some ways it’s a bare-bones payroll solution. It does offer full-service payroll in some states, including tax calculations and filing. In most of the US, however, you’ll have to file for yourself, though the service has a correspondingly lower price. 

Wave doesn’t have some fancier features, like running a FICA tip credit report to look for additional savings or the ability to pay employee wages using a card. However, overall you get everything you need at an affordable price. Read the Wave payroll review for more information.

  • Less expensive option.
  • Pairs with free invoicing and accounting software.
  • Employee self-service portal.
  • No auto-filing taxes in most states.

Choosing the Best Restaurant Payroll Software

The restaurant industry is always demanding, but the last few years have been particularly tough. A robust payroll software system can help you pay employees, of course, but the best restaurant payroll software can do a lot more.

A full-service payroll solution will calculate and fill all your payroll-related taxes for you, for example, saving time and money. The software can also help you manage employee benefits, hiring, and even help you find tax credits and other savings.

Managing Payroll Taxes

One of the most important functions restaurant payroll software fulfills is payroll tax calculation and management. Tax filings are complex and payroll software can help sort through them, as well as automatic, electronic tax payments, which can free up a manager’s time.

‘Full-service’ tax services usually include automated payroll tax filing of tax forms for both state and federal taxes. Some options will also take care of new hire reporting for you, as well as calculating taxes owed on credit card tips, or ways to free up money like FICA tip credit reporting.

Time Tracking

There are a few options that offer everything, including restaurant payroll software, time tracking, employee scheduling, and more. It may be more common for a payroll system to integrate with other apps. One thing to note is that an online payroll service may help you store employee hours and payroll records.

Benefits Management

Restaurant payroll is more likely to include a need to manage employee benefits than in the past, so it can be wise to find software that includes tools to help. Many options will include health benefits administration as an optional add-on, though you can find it included in the base price of some platforms. 

Hiring and Onboarding

Many options for payroll software also include HR software. Some software may fulfill a few HR functions, like notifying government agencies of new hires. Others also include tools for training new employees, as well as advertising and hiring new talent.

Read: Best applicant tracking systems for small businesses

Payment Management

Obviously, the most important task of the restaurant payroll system is payroll management, making sure everyone gets the money they earned, with the correct deductions. Employee payroll has multiple aspects, from getting employees’ actual pay to them, to managing child support wage garnishments and other special situations.

There are a number of features that are more or less standard, such as a direct deposit into a bank account. Customizable payroll plans include multiple pay rates, a selectable pay period, and even the ability to run mobile payroll. Most options will also offer minimum wage alerts, to notify you if an employee drops under minimum wage requirements, particularly useful for restaurants.

Other options that are available, but not standard, include things like an employee self-service portal, where employees can fill out paperwork, see online pay stubs, and more.

Analytics and Reporting

There are many reporting tools that can be considered part of payroll management to help you reduce costs or identify payroll problems. Most restaurant payroll software includes some basic reporting options, or the opportunity to build your own reports. The best payroll system for your business will include all the analytics reporting options you need to be a success.

Read: How to conduct a payroll audit

Frequently Asked Questions (FAQs) for Best Restaurant Payroll Software

Conclusion: Best Restaurant Payroll Software

Every moment you spend in the back running payroll is time you’re not on the floor making sure things are running smoothly. Find the right restaurant payroll software for your needs so you can spend more time putting out fires and less time doing paperwork.

Best Restaurant POS Systems in 2023

Hand swiping a credit card in a POS

Managing all the facets of a restaurant can be a tireless endeavor. Fortunately, point of sale (POS) systems exist to bring everything from payments to staff management together in one neat package. 

This article looks at the top restaurant POS systems in the restaurant industry today and highlights those that stand out the most.

Quick View

Software

Price

Seating Management

Staff Management

Online Ordering

Reporting and Analytics

Free to $165 per month, custom options available

Accelerate service with accurate customer placement

Access to scheduling and payroll add-on

Commission-free channels for ordering and delivery

Detailed reports and analytics that can be accessed from anywhere

Starts at $69 per month for a single POS terminal, with optional add-ons

Floor plan maker, table assignments, table monitoring

Simplify shift management, build payroll

Add-on feature, allows ordering from website

Over 50 reports that update in real-time

Free to $60 per month per location, custom options available

Customizable floor plan, optimize layout, and monitor every seat

Scheduling, clocking in and out within the system

Free e-commerce site, integrations with third-party apps

View daily stat summaries, keep tabs on business trends

From $99 per month per terminal

Custom dining room layout, identify high and low volume areas

Create and modify schedules, unique passcodes for each team member

Fully integrated online order solution

Reporting for sales, inventory, labor

$39 to $289 per month, additional terminals $39 per month. Custom options available

Adjust the floor plan on the app, check table stats

No staffing options, links to other software for accounting

Delivery and contactless online ordering

Advanced insights reveal successes and failures

Free to $69.95 per month

Guest seating, dynamic floor plans

Manage shifts and schedules

Customers can order from website, app, or a third-party

Robust point of sale reporting

Quick Verdict 

Best Overall – Toast. Toast offers the best of everything from table management to online ordering and everything in-between. Best of all, the software is available at several different price points to accommodate any size business.

6 Best POS Systems for Restaurants

Here are the six best restaurant POS systems available with all the features you need to run your business efficiently.

Toast logo

Toast

Free to $165

4.4

If your restaurant management system uses only one or two POS terminals, Toast’s free plan contains a handful of restaurant-specific features to get you working efficiently. To build an online footprint, you will need to upgrade to the Essentials plan at $165 per month.

In either case, restaurant businesses will likely need to invest in Toast’s proprietary hardware to run the show. These restaurant computer systems do not come cheap, making the Toast POS system even viable for larger full-service restaurants.

The POS system makes it easy to develop a table service restaurant plan to optimize service and turnover rate. If you can get them in the door, Toast has email marketing and customer loyalty programs to keep them coming back for a nominal additional fee. Using the best VoIP app can help expedite communications to customers.

Toast’s interface allows restaurant owners to view sales across all locations. It’s also possible to watch which tactics are working and which areas could use improvement.

  • Free tier of service.
  • Commission-free online orders.
  • 24/7 customer support.
  • Software built around Android platforms.
  • Proprietary hardware.
  • Limited options for reservations.
TouchBistro logo

TouchBistro

Starts at $69

3.7

TouchBistro makes it easy for businesses to plug into its POS software with nothing more than an internet connection and a handful of iPads. These restaurant iPad POS systems tend to speak well to a small restaurant that could struggle with proprietary hardware fees.

Even at its most basic level, the restaurant POS software features floor plan and table management, menu management, inventory calculations, and the ability to handle employee scheduling. TouchBistro plays well with other apps to enhance accounting or help manage inventory, which makes restaurant payroll a bit easier. Payment processing has to be done through a third party, often resulting in extra fees.

With TouchBistro, you can build your website to handle reservation management to bring more customers inside your establishment. This service is one of many that comes with an extra fee. Online ordering and delivery is also an option but will set you back at least an additional $50 per month.

Over 50 different reports will help your restaurant manager level up the guest experience, streamline operations, and pull in employee insights.

  • Free demo.
  • Several integration options.
  • Menu management.
  • Runs on iPad devices.
  • Payment processing is handled through third-party integrations.
  • Many features have additional fees.
Square payroll logo

Square for Restaurants

Free to $60

4.2

Square is one of the few restaurant POS systems that offers a free plan for unlimited devices and locations. Most customer management tools are included, with only a few options left behind a $60 paywall for its premium plan.

The free POS software offers employee management tools that factor well into small counter service restaurants such as coffee shops or food trucks. If you do have a table service restaurant, you can use Square for Restaurants to create a custom layout and monitor what’s happening at every seat.

A nice bonus feature in Square’s repertoire is a free e-commerce site to create your brand around. It’s possible to handle reservation management and set up online ordering capabilities directly from the platform.

With all the free plan has, Square for Restaurants only gives 24/7 customer support to its premium members. A suite of built-in reporting tools should help you figure out what’s working and what’s not within your restaurant business all on your own.

  • Offers a free plan.
  • Includes a free e-commerce site.
  • No long-term contracts are required.
  • 30-day free trial on premium plans.
  • Free plan does not have 24/7 support.
  • No employee management tools.
Revel logo

Revel

From $99

4.0

Revel’s restaurant POS software should appeal to franchise owners with multiple restaurants looking to keep tabs on each location. While it doesn’t do automated inventory management, Revel allows inventory tracking among different locations.

Quick or table service restaurants can make use of the fully integrated online order system to maximize profitability. There’s also a built-in full driver dispatch feature, and Revel can accept payments within its app.

For all it does, Revel is one of the more pricier restaurant POS providers at $99 per terminal. This doesn’t include payment processing fees or hardware such as a cash drawer.

Of the different point of sale systems for restaurants, Revel does a great job of intelligent reporting tools that let you track sales, inventory management, and even how your team is doing. Should you wish to customize things further, you can add in your own integrations with Revel’s open API.

  • Open API system.
  • Sleek and easy-to-use interface.
  • Runs off iPad devices.
  • Smart reporting.
  • Pricing is for a three-year contract.
  • Expensive.
Lightspeed logo

Lightspeed

$39 to $289

3.2

Lightspeed Restaurant lists three pricing tiers and is designed to scale as a business grows. A $39 per month plan works best for new restaurants that utilize one terminal, while a $119 monthly plan was created with full-service restaurants in mind. At $289 per month, the pro plan contains advanced tools for larger restaurants.

Fees for payment processing are the same across the board and are a bit on the high side. The Lightspeed POS platform makes up for this with stellar internet-based ordering and a delivery service that works directly with the major apps.

While its most expensive plan offers advanced insights, Lightspeed’s reporting system isn’t as strong as other POS systems. You can still glean information from table placement and make adjustments on the fly to capitalize on opportunities.

When it comes to integrations, Lightspeed has you covered. If you already have a tool you prefer for employee management or accounting, the POS software likely works with it.

  • Integrates well with other software.
  • Free one-on-one onboarding.
  • Unlimited 24/7 support.
  • Built-in customer relationship management hub.
  • Some additional features are costly add-ons.
  • Lack of robust reporting tools.
Clover logo

Clover

Free to $69.95

4.0

The Clover POS system covers a multitude of pricing options that tend to cater to the quick-service crowd. Although its $69.96 per month plan offers table mapping and tableside ordering, all other plans focus on the terminal and online payments.

In fact, Clover has one of the nicest systems for ordering online. The POS software interfaces directly into your website, app, through Google, or through third-party delivery platforms. Customers can pay online, and as long as you use Clover’s hardware, fees for payment processing won’t break the bank.

Clover also has built-in staff management tools to keep your team running as efficiently as possible. Within the software, you can schedule staff hours and track their register usage on any given day.

Speaking of tracking, Clover offers some powerful point of sale reporting so you can find pinch points in your business. Real-time analytics allows you to make changes on the fly that could turn a bad day into a good one.

  • Robust online order and delivery service.
  • Affordable hardware.
  • Flat monthly rates.
  • No long contracts, can customize your plan from month to month.
  • Processing fees are higher for non-Clover hardware.

How To Choose a Restaurant POS System

When looking for the best restaurant POS software for your business, consider how the following points play into your organization:

  • Affordability.
  • Key features.
  • Flexibility.
  • User-friendliness.
  • Support.

Affordability

When it comes to restaurant POS prices, there is a vast range of options available. Just about every plan you’ll come across will have a monthly fee for using the software. Some features are considered add-ons and can come with additional costs.

Software aside, most POS systems have hardware that they recommend using. Hardware can be costly, but fees for payment processing are often higher if you use your own device.

Key Features

Maybe it goes without saying, but make sure the POS system you’re going to use has all the features you can’t live without. POS software can provide inventory, staff, menu, and even table management tools to make running things that much easier.

Furthermore, many of these systems incorporate e-commerce tools customers can use to order online for pick up or delivery. Platforms such as Square for Restaurants even give space to create a website. You may also be able to tie in your VoIP caller base for marketing purposes if you have it.

Flexibility

The best point of sale systems have the capability to grow with you as your restaurant grows. Whether it be additional terminals or enhanced features, the last thing you want is to get stuck in a contract that doesn’t work for you.

Some systems don’t require long-term contracts for software, making it easier to upgrade or switch as needed.

User-Friendliness

If you’ve picked up some software and your team is still asking “what is a POS system?”, chances are they can’t run it. The best software isn’t worth its digital weight if your team can’t make sense of what to do. Many point of sale systems offer demos for their paid services, so you can try before you buy.

Support

Point of sale software can effectively shut down your business if it’s not working as it should. When such situations arise, it’s essential that customer support is a quick phone call away, so you don’t lose business or patience.

Frequently Asked Questions (FAQs) for Best Restaurant POS Systems

Conclusion: Best Restaurant POS Systems

Restaurant point of sale systems allow for efficient management of customers, payments, and more. Many of them extend their reach to online sales to maximize profitability and your restaurant’s footprint. Perhaps best of all, they can help you identify areas within your restaurant that need improvement.

No matter the size of your restaurant, we feel that the best restaurant POS system is Toast for all the features it offers. With several price points, it can cater to small or large businesses without blinking an eye. If you’re not a fan of Toast, chances are one of the other options on this list will taste just as good.

Best Applicant Tracking Systems for Small Businesses

ATS applicant tracking system

Hiring can be a time-consuming process that costs a lot of money and distracts your team from the goal of your business. The right applicant tracking system (ATS) can save time and generate better results from the candidate pool while streamlining the recruiting process. This helps you find the right candidates faster and your team can stay focused on the right tasks. In this article, we look at the best applicant tracking systems for small businesses.

Best ATS Overview

Software

Price

Job Board

Applicant Screening

Onboarding

Reporting

$600 per month or $1200 per month

Can advertise on 1,450 job sites

Communications, video interviews, talent pools, candidate scorecards

Personalized workflows to engage employees from day one

Analytics dashboard, custom report builder

From $1,700 per month

iCIMS career sites and platform

Text engagement, video interview scheduling

Automated processes to maximize engagement

Robust recruitment marketing reporting and source analytics

Must contact sales for pricing information

Access to job postings from over 1,000 boards with candidate recommendations

Collaborate with hiring managers; scorecards and plans to track candidate skills

Automated task execution, personalized welcome experience

Analyze and share 30+ core reports

$15 to $35 per user per month, with custom options available

Thousands of free or premium channels, LinkedIn and social media extensions

Easy to use candidate pipeline

In-app training and interactive onboarding

Customizable dashboard, complete analytics suite

Free to $75 per user per month

Career portal, premium boards, job posting on Facebook and Google

Client portal with assessments and interview options

Candidate and employee flows for onboarding

Multiple levels of reporting

Depends on your customized bundle and the number of employees

Manage all job post contracts in one location

Standardized interview evaluation criteria and processes

Custom fields and automatic data transfer

Reports based on interviews, positions, applications, and more

Quick Verdict

Best Overall – Pinpoint. Pinpoint brings together the best of every aspect of recruiting together in one package. Its access to job sites, applicant screening, and customizable onboarding are second to none. Best of all, its features are available for one flat rate.

The 6 Best Applicant Tracking Systems for Small Businesses in 2023

Here are the six best options available for tracking and hiring applicants:

Pinpoint

$600 to $1200

4.2

Pinpoint’s applicant tracking software brings several features to your hiring process for a flat monthly fee. You can get started with Pinpoint for $600 per month or gain access to all its features for $1,200 monthly. In either case, you can post job openings on as many of the 1,450 popular job boards that Pinpoint works with all from within the recruiting software itself. The ATS provides candidate profiles and scorecards to rate job applicants. During the recruitment process, you and your hiring team can communicate directly in Pinpoint.

Once you’ve identified promising candidates from the talent pool, you or your HR managers can schedule interviews and generate offers from within Pinpoint. The software creates employee engagement from day one with a customizable built-in onboarding process. While in the recruiting process, you’ll have access to Pinpoint’s powerful analytics dashboard to view candidate information. A custom report builder helps pull insights from your hiring processes and glean insights for next time.

  • Unlimited active jobs.
  • Fixed monthly fees.
  • Customizable reporting.
  • Good customer service.
  • Can be pricey for smaller businesses.

iCIMS Recruit

From $1700

3.9

iCIMS Recruit’s applicant tracking systems work to connect you with qualified candidates as quickly as possible. The platform is built around cloud-based recruiting software, making everything easily accessible no matter where you are. A user-friendly mobile app lets you and top talent communicate with the push of a button.

The talent cloud is the place for job seekers and hiring managers alike to track the recruitment process through every step of the journey. You or your HR professionals can conduct video interviews, track applicants, and manage offers from the cloud.

Although there are features aplenty, iCIMS Recruit comes with a hefty price tag. Pricing information on their site is far from transparent, but their talent management solutions will likely set you back upwards of $1,700 per month.

There are also several impressive reporting tools to help analyze your recruiting efforts. Hiring managers can view candidate data at a glance across iCIMS’ multiple job boards and identify the best people for your needs.

  • Unique software for career portal.
  • Automated employee onboarding.
  • Cloud-based software.
  • Stellar mobile app.
  • Cost-prohibitive for smaller businesses.

Greenhouse

Must contact sales

3.4

Greenhouse is an ATS solution that proves strong in candidate management through diverse talent acquisition tools. Unfortunately, the ATS software hides its pricing information from view, theoretically offering custom plans depending on company size and feature set.

This modern applicant tracking system uses the power of technology through a mobile app and automated candidate sourcing. Greenhouse optimizes the talent acquisition process by recommending job applications based on your history.

Also within Greenhouse are several candidate relationship management tools to track qualified candidates every step of the way. Hiring teams can communicate right within the ATS software to keep everyone informed in one fell swoop.

Human resources teams or recruitment agencies have over 30 different core reports to view performance management metrics at a glance. There are abundant integration capabilities across all areas to plug into as needed.

  • Mobile app.
  • Several reporting features.
  • Job advertising on over 1,000 external job boards.
  • Automated hiring tasks.
  • Opaque pricing.
  • Clunky user interface.

Manatal

$15 to $35

4.1

At prices as low as $15 per user from your company per month, Manatal offers the next best thing to free software. You’re limited in your job posting to just 15 per account unless you upgrade to the $35 plan where you can go unlimited.

One of Manatal’s strongest features is the extension that lets you tie its applicant tracking software to social media like LinkedIn or Facebook. With thousands of other job posting channels available, these are just the tip of the iceberg.

The ATS software can pull in data from resumes to create candidates in your system. Manatal has several applicant tracking tools, including a candidate pipeline that recruiting teams can use to list these applicants in various buckets to keep things organized.

Similarly, you can run various reports within Manatal to understand your performance management during the recruiting process. Manatal also lets you see candidate reports for optimal talent acquisition and even where your money is going during the process.

  • Can list jobs on social media platforms.
  • Budget-friendly price points.
  • Candidate pipeline to track prospects.
  • Tight security features.
  • Customer service can be slow to help.

Zoho Recruit

Free to $75

3.9

Zoho Recruit was created with corporate HRs and staffing agencies in mind. The applicant tracking software shows off powerful sourcing channels alongside automated resume extraction tools to manage candidates across a multitude of positions.

Among other benefits, these tools will automatically scan resumes for key skills or experience and weed out applicants that don’t have the experience you’re looking for. Such features can really expedite the hiring process, especially when you’re looking across several jobs at any given time.

Prices are set to a monthly fee per recruiter and can range anywhere from $25 to $75 per month, depending on your desired feature set. Zoho does offer a free applicant tracking system that’s limited to one job posting at a time.

The client portal is the best place to view qualified candidates at a glance and offer assessments. You can plan and schedule interviews with individuals that stand out the most from the portal.

The ATS software has multiple layers of reporting tools and dashboards, but many of these only become available at the $50 price point or higher.

  • Automated resume screening.
  • Several job sites, including Facebook and Google.
  • Free plan available.
  • Employee referrals.
  • Few options for job advertisement.
  • Limited customer support.

SmartRecruiter

No fixed fee

3.3

SmartRecruiter offers a one-stop-shop for advertising through a central vendor management system. You can track your postings across the big names in job hunting from one convenient location within the software.

You and your hiring managers can standardize things like the interview evaluation process to save time and peruse common results. You can run reports based on applications or interviews, but this tool has some limitations.

When it comes to pricing, SmartRecruiter gets a little hazy. There’s not so much as a hint of what plan options may be, and only filling out a form with the features you’re interested in will get you a quote.

SmartRecruiter shines with automation and is designed to make the hiring process as easy as possible. You can make use of chatbots, automatic resume screening, or recommendations based on artificial intelligence.

  • Recruitment chatbot.
  • Dashboard for managing applications.
  • Automatically screen resumes.
  • Centralized viewing of posted jobs.
  • Vague pricing model.
  • Limited reporting features. 

How To Choose an Applicant Tracking System for a Small Business

It’s helpful to do an applicant tracking system comparison to uncover the ideal platform for your business. The right applicant tracking software is going to incorporate the best mix of the following:

  • Features.
  • Corroboration.
  • Career site.
  • Analytics and reporting.
  • Think long term.

Features

Having the right tools for the job can go a long way towards making the recruitment process a snap. Applicant tracking systems manage candidate tracking and onboarding areas so you don’t have to.

Corroboration

This may not be important if you are the only person on your hiring team, but corroboration is paramount for companies with an HR staff. The best recruitment software provides the means to talk with your team right from the interface, keeping information in one place and not lost in a series of emails.

Career Site

If you’re using an ATS for posting jobs, make sure it allows you to list on the top free and premium boards out there. Some platforms will let you build and customize your own career portal to appeal to applicants and walk them through the onboarding process.

Analytics and Reporting

The best applicant tracking systems come with analytic and reporting tools to offer additional insights into potentially exceptional applicants. These tools can also provide the means to look into your own hiring process to see what you’re doing well and which areas need improvement.

Think Long Term

Pick software that will benefit you both now and in the future. As your business grows, you want your ATS software to expand with you as you post more jobs and increase the size of your hiring team.

Frequently Asked Questions (FAQs) for Applicant Tracking Systems

Conclusion: Top Applicant Tracking Systems

Applicant tracking software provides a way to automate a lot of redundant job hiring tasks and makes it easier to focus on the more human side of things. These platforms also allow quick access to thousands of sites and the means to screen candidates faster and more completely than ever before.

Whether you have a team or are a one-person show, we feel that Pinpoint is the best applicant tracking system for the features it adds to your repertoire. If this platform doesn’t fit into your business model, we’re confident one of the others on this list will.

Best CRM Software for Real Estate Businesses

Group of businessmen discussing about CRM

Selling or buying property is a complex, expensive process, and agents are often expected to juggle several at once. This creates the need for proper customer resource management (CRM) software to keep each realtor on track, and to keep the flow of closings happening. The right CRM software will depend on your needs, but we look at the best options available to the real estate industry in this article.

Best CRM for Real Estate Overview

Service

Price

Leads Management

Integrations

Automation

Support

Standard – $14/user per month*

Web forms, social media engagement, lead scoring rules

Large library of integrations

Build custom automations w/rules

Docs, videos, community help, and professional consultants; service plans w/phone support

Essential – $12.50/user per month*

Kanban-style customizable sales pipelines, ‘deal rotting’, @mentions, and comment on leads

Marketplace of integrations, including common options

Custom automations, including mobile and email notifications, and webhooks

24/7 help requests and email support

$32/month or $326/year

Capture forms, automation rules for different lead sources, new lead alerts

Integrates Gmail and many other tools directly

Automated drip campaigns, customized notifications, and lead distribution

24/7 phone or email support

Grow – $57/user per month

Pull leads from 200+ sources, pre-written drip campaigns, auto-route leads to agents

Small market of integrations

Easy-to-use interface helps filter leads and create action plans

Business hours phone support, or help tickets and support docs

Starter – $21/user per month*

Lead imports and distribution, track email engagement, AI Chat Sales agent

Short list of integrations

Auto-responders and enhanced drip campaigns

Phone and email support

Plus – $29/user per month*

Create relationship trees to track lead contacts, route leads automatically, track email opening, and more

Drag-and-drop integration builder, w/hundreds of integrations already available

Drag-and-drop app builder to create your own automations

Webinars and help docs; Customer success program

Basic – $74/month

Categorize contacts, track lead sources, search along several criteria

Integrates w/handful of apps

Automations through Zapier

Limited support docs and email support

Starter – $54/user per month*

Connect w/150+ lead sources, insights into contacts’ social media, integrated text and email

Limited native integrations

Follow Up Coach suggests daily contacts, calendar reminders

Support docs, chat and email support, business hours phone support

Quick Verdict

Best Overall – Zoho CRM. Zoho provides all the features you need at an affordable price. 

Zoho CRM

$14

4.4

Zoho provides a range of business apps, with its CRM software being one. It’s not a dedicated real estate CRM system, but it offers all the tools the average real estate agent requires. 

The software provides a range of useful features, starting with click-to-call capabilities to make phone calls right in the app, through automation and reporting tools, to third-party integrations. Zoho provides just about any CRM tool you may need, at an affordable price.

  • Custom sales pipelines.
  • Auto-assign leads.
  • Phone, chat, email, and more through the app.
  • Some nice features saved for more expensive tiers.

Pipedrive

$12.5

4.4

Pipedrive isn’t focused on real estate and may be one of the best CRM for eCommerce, with a lot of focus on contact management and creating sales pipelines.

Many of the same features are great for a real estate CRM, however, like communication and lead qualification tools. Real estate agents may also appreciate the ability to automate some repetitive admin tasks.

  • Email campaign opening and click tracking.
  • AI-driven performance suggestions.
  • Create customizable reports.
  • ‘Open deal’ limits.

Wise Agent

$32

3.9

Wise Agent provides a big toolbox to real estate agents trying to locate clients. The real estate business often depends on good timing and the best CRM software helps agents react quickly. Wise Agent can help you find, organize, and respond to new leads quickly, with alerts and other tools. 

Additionally, integrating with a range of other apps, for example, Google calendar sync, is easy. The pricing plan is straightforward, with a custom Enterprise plan available for specific needs.

  • Free 20 minute set-up session.
  • Transaction management templates.
  • Custom landing page platform.
  • More expensive than some options.

Follow Up Boss

$57

3.0

Real estate agencies are usually team efforts, with prospective buyers being divided among real estate agents. Follow Up Boss automates that process, collecting leads from hundreds of sources.

You can then set up your own distribution system or select from some options. You can also set up automation for individual contacts using Action Plans, an easy-to-use feature with a gentle learning curve.

  • Export all your data easily.
  • Transfer leads automatically.
  • Team sales leaderboard.
  • Pricey

LionDesk

$21

2.6

LionDesk comes at a middle-of-the-road price and with almost all the features you want from a real estate CRM, like handling incoming leads, auto-replies, and some reporting options. It also includes the ability to call or text through the real estate software, though there are limits and overage charges to track. 

  • Texting manager.
  • Enhanced drip campaigns add text and phone calls.
  • 30-day free trial.
  • Plan limits emails and texts through the app.

Insightly

$29

3.8

Insightly’s CRM might be better thought of as a tool for building a CRM as it’s built around very flexible customization options. These allow you, without doing any complex coding, to build your own tools and dashboards.

In other words, while it may not provide a ready-made real estate CRM, it does allow you to build one. You can even create different tools for different real estate teams. 

  • Create custom data sets and relationship trees.
  • Design a custom dashboard for your agents.
  • Scan and upload info from business cards automatically.
  • Few ready-made features

Realvolve

$74

1.6

Realvolve aims at keeping the real estate CRM they offer fairly simple, so lacks some of the advanced features of competitors. Instead, Realvolve focuses on offering workflows and webinars.

Rather than lots of marketing automation or other tools, they offer help in areas many real estate agents may struggle with, such as organization and efficiency. The workflows have an additional cost.

  • Send text and social media messages.
  • Workflows and webinars to improve your business.
  • 14-day free trial.
  • Expensive.
  • Workflows have additional costs.

Top Producer

$54

2.4

Top Producer’s applications work together as a unit, with their real estate CRM acting as a base the others build on. Together, they may make a great real estate CRM with plenty of tools for managing a business. Without the other apps, however, Top Producer is limited in what it can do.

  • Includes other apps.
  • Setup coaching and support w/success program.
  • Email templates, CTAs, and signatures included.
  • Priced higher than competitors.

Choosing the Best Real Estate CRM Software

It’s not unusual for real estate agents to form relationships with their clients. You may be working with them for months, sometimes helping them through landmark moments in their lives. Before you get to that point, however, you have to attract leads, manage your time, and keep everything organized. Customer relationship management, while it might sound a bit cold-blooded, just means doing all that efficiently, to everyone’s benefit.

As a result, successful agents use the best CRM for real estate businesses, and selecting the right CRM system can be vital.

Lead Management

The centerpiece of the best CRM software are its lead management tools. The ability to connect to potential buyers is vital, so lead generation tools need to be robust and easy to use. Once more leads have been generated, advanced lead scoring helps you choose how to use your time best.

Good CRM software should also provide more than just contact management, instead provide a depth of client management tools to aid in developing customer relationships. Some options will also help remind you to reconnect with past clients, fostering the potential for future sales.

Team Management

CRM for real estate has to take into account the size of your business. If you’re a one-person real estate agency, then a collaboration-oriented CRM solution doesn’t do you much good. 

On the other hand, it can save larger agencies a lot of time if new leads are distributed automatically. CRM platforms usually include some amount of task management tools, though some are more limited than others. 

Marketing

Both old and new real estate agents can struggle to draw attention to their property listings. Marketing automation tools can make a difficult task a lot easier. CRM platforms will often create or link to your agency’s real estate websites, providing chatbots or contact forms. Many will also provide additional marketing options, like email marketing campaigns and other types of drip marketing campaigns. 

Transaction Management

The sales process for both residential and commercial real estate is often complex and protracted. Transaction management tools may be necessary simply to keep everything straight. 

Once the marketing has done its job and clients are in your sales pipeline, part of the pipeline management should be making paperwork and other bureaucratic aspects as easy as possible. Document management tools, calendars to track important dates, and other features can make things less stressful. A mobile web app means you can handle business even when at a property.

Reporting

Pipeline management is important during the deal but afterward is when real estate professionals can learn how to improve. Reporting can help you spot the hiccups in client relationships, see which team members may need help, or locate where a deal went wrong in your communication history.

Frequently Asked Questions (FAQs) – CRMs for Real Estate

Final Thoughts on CRMs for Real Estate

The CRM app you use for real estate business should reflect your approach to customer relationships. While some are straightforward, simply presenting what you need, others allow you to build your own sales pipelines and methods for success. 

Best Free Payroll Software for Small Businesses 2023

Payroll and salary documents on a desk

Every business that needs to hire employees will need to process payroll. With all of the complexities that payroll can bring, and the rules varying by state, it’s important to either have a firm that can process payroll for you or the right software to guide you through the process. A mistake can be costly, but not everyone can afford a good payroll solution. We’ve analyzed the best free payroll options to make the choice easier for you.

Quick View

Software

Deposit Options

Time Tracking

Reporting

Tax Help

Security

Payroll4Free logo

Payroll4Free

Direct deposit, paper checks, or a combination of each

Can calculate and track vacation hours, PTO, and sick days

Can run detailed reports on earnings, tax, benefit, accrued time, and more

Tax calculation, filled out tax forms

2048 bit SSL encryption alongside Amazon Cloud to store data

Direct deposit, paper checks, or a combination of each

Tracks in real-time, can add vacation or sick days

Real-time timesheets

Can generate a variety of tax forms, including international

Cloud-based system with robust built-in security features

Automates payroll processing

Track overtime, undertime, tardiness, daily attendance, time off

Monthly attendance reports with filtering

None available

Encrypted with SSL (TLS) protocol and secured with daily off-site export

Can print pay stubs or paychecks

Information must be added manually

None with free payroll service

Performs tax deductions

No information is saved

Can print checks

Everything must be entered manually

Can run reports from Excel

Can print tax forms

Limited to the security of your device

None available

None available

None available

Will calculate tax compliance

No information is saved

Quick Verdict

Payroll4Free gives free access to more tools than any other payroll software out there. The ability to track employee time and hours away from work is second to none. Payroll4Free makes your life easier by offering options for paper checks or direct deposit and will even do tax calculations for you. However, free payroll software can only do so much. If you’re looking for the best paying option, check out our article on the best overall payroll software.

6 Best Free Payroll Software for Small Businesses

Below we cover the six best payroll software options available for small businesses.

Payroll4Free logo

Payroll4Free

4.6

Payroll4Free offers completely free payroll services for any small business with 25 employees or less. The software tracks time and absences, and you can log whether these are vacation hours or sick days. Your team can check their hours via the employee portal to print pay stubs or check accruals.

With the information in hand, Payroll4Free gives you the option to send direct deposits or use paper checks. You can view this information through the payroll processing software’s reporting tools.

The HR and payroll software has some strong security to protect your information. Large-scale SSL encryption alongside Amazon’s cloud is well-designed to keep your info safe.

When it comes to payroll taxes, Payroll4Free can calculate tax numbers for you. While they will be ready to send, the free software doesn’t do tax filing services for free. The service has a $15 monthly fee and no free trial available.

Since Payroll4Free makes it easy to report wages and tips for a small staff, it is one of the best restaurant payroll software options.

  • Integrates with QuickBooks and other accounting software.
  • Higher security than most.
  • Unlimited customer support.
  • Pre-filled year-end tax forms.
  • Tax filing is not free.
  • Limited to Windows OS only.
TimeTrex logo

TimeTrex

4.3

TimeTrex fancies itself as paid payroll processing software but has a free option with their Community Edition. This plan is open-source and supported by a network of volunteers from around the world.

There are no limits to the number of users you can have in the Community Plan. The free payroll software tracks hours in real-time, and you can view this data at any time through timesheets. Time and attendance tracking are viewable on the employee self-service portal.

The software will auto-run payroll, and you can pay employees through direct deposits or print paychecks to hand out. It’s possible to generate forms for federal and local taxes but not do any filing.

While there are several free features, all others such as expense tracking are locked behind a paywall. Pricing for these other plans is unclear on the website, making it hard to decipher what’s best for your small business. TimeTrex does offer free trials for 30 days to try out its full-service payroll software.

  • Integrates well with payroll programs like QuickBooks.
  • Several pre-filled tax forms.
  • Real-time employee hour tracking.
  • Open-source.
  • No tax filing feature.
  • Pricing is not transparent for paid plans.
eSmart Paycheck logo

eSmart Paycheck

2.4

eSmart Paycheck’s free payroll software for small business owners excels at intuitive payroll calculations. All data has to be entered manually with no option to import employee hours, so eSmart Paycheck is best for small businesses with fewer employees.

As you run the payroll software, you’ll be able to enter hours or salaries alongside overtime, commissions, or bonuses. You can load in local tax information to run payroll specific to your location. It will also calculate benefits, deductions, and how much to withhold.

With all your information entered, you can print pay stubs or paychecks directly from the site. Hopefully you won’t encounter any issues with the payroll check software, as there is no customer support available.

When you’re done with the free software, it doesn’t save your information. This means your data isn’t stored anywhere, but it also means you’ll have to input everything again next time you use it. If you like what you see, there are options to upgrade to a paid plan with more features.

  • Quick and easy to use.
  • Paycheck printing.
  • Customizable inputs.
  • Does not save information.
  • No customer support.
ExcelPayroll logo

ExcelPayroll

2.7

As the name implies, ExcelPayroll is completely free payroll software that relies on Microsoft Excel to run. If you’re not familiar with the Microsoft Office Suite, you may have trouble adapting to this payroll calculation tool.

If you are familiar with Excel, ExcelPayroll makes payroll processing easy. You do have to manually enter your employee information and hours, but the software shows you how to do payroll as you go. The app allows up to 50 names, but small businesses with fewer employees will have a faster time.

Once you’ve filled in all the blanks, you can run reports off that data through the tools ExcelPayroll has to offer or tap into Excel itself. As an isolated payroll software program, there’s no way to do direct deposit, but you can send paychecks to your local printer.

ExcelPayroll has the means to print pre-filled tax documents and help calculate federal or state taxes. Keep in mind that all this information is saved on your device and must rely on whatever safeguards you use to keep your information safe.

  • Simple and intuitive to use.
  • Can customize as you see fit.
  • Able to print paychecks.
  • Up to 50 employees.
  • Customer support only through email.
  • Rather basic in its design.
Paycheck Manager logo

Paycheck Manager

1.8

Paycheck Manager has several features that roll up into a nice package, but many of these are unavailable for free. With a three-month free trial, it’s well worth checking out all it can do.

Free users have access to a calculator that’s effectively a form to fill out on their website or mobile app. You have to manually enter your team’s hours and salary alongside deductions. The form does help fill in federal and state tax information as you go.

Depositing and reports are locked away in Paycheck Manager’s paid plan alongside expense reports. Similarly, there’s no way for your employees to log their hours on the free version of the site.

Websites like Paycheck Manager’s free calculator have no built-in security and don’t save any of your information. You’ll want to make sure your browser is protected, but no data storage means you’ll have to re-enter your numbers every time.

  • Factors in deductions.
  • Automatically processes payroll information.
  • Free mobile app.
  • Does not save information.
  • Limited features.

How To Choose a Free Payroll Software for Small Businesses

Here are four things to consider when choosing payroll software for your small business:

  • Team size.
  • User-friendliness.
  • Payment delivery.
  • Integrations.

Team Size

Some of these free apps have limitations on the number of users they will allow. Double-check that the software you choose can accommodate all your players. It’s also essential to think about how you may be affected down the road if your team grows.

User-Friendliness

Some of the payroll software on this list is for your eyes alone, but others allow access to a self-service portal where employees can log hours and view information. It’s helpful to find a program that is easy to wade through, especially if you want your team to have accurate timesheets.

Payment Delivery

Many companies in this day and age look to direct depositing, while others prefer paper checks. Be sure to check the software you’re considering if you desire one of these options.

Integrations

If you’ve already found a groove with other software, you shouldn’t have to stop using it completely. Look for payroll software that integrates well with those other tools you’re using. It may even be possible to import data from one program to the other and facilitate things that much more.

Frequently Asked Questions (FAQs) for Free Payroll Software

Bottom Line: Best Free Payroll Software

Payroll can cost a lot of time to do on your own or a lot of money if you look to some of the more expensive software options out there. Fortunately, there is common ground with free payroll services that do a lot of the work for you while not tapping into the coffers.

We’ve chosen Payroll4Free as the best free option out there with its abundance of features and only a few tools that would require payment if needed. Should Payroll4Free not speak to you, it’s likely one of the others on this list will.

Best Conference Call Services for 2023

Business people having a conference call

Conference calling helps connect with clients and brings team members into the fold through audio and video chats. The best conference call services simplify the process and offer tools to collaborate and show off your business. Check out our top picks for conference calling below.

Best Conference Call Services

Software

Price

Participant Limit

Mobile Integration

Call Recording

Whiteboard Tools

$11.95 to $57.95 per organizer per month

40 or unlimited for audio, 250 for video

App for iOS and Android

Call and video recording available on some plans

Screen sharing, team messaging and collaboration

$19.99 to $49.99 per user per month

1,000 for audio, 100 or 200 for video

Easy access through text message links, app or iOS and Android

On-demand or automatic on most plans

Data/file sharing

Free

Up to 1,000 participants for audio and video

Access through iOS and Android apps

Record audio or video, 1GB cloud storage available

Meeting dashboard with drawing tools and chat

$12 to $16 per user per month, custom plans available

150 to 250 participants

Mobile apps with commuter mode and recording

Cloud and mobile recording on highest-priced plans

Screen sharing, meeting drawing tools

Free to $240 per year per license

100 to 500 participants, large meetings addon allows for 1,000 users

Robust mobile app for iOS and Android

Local and cloud sharing available

Screen sharing, breakout rooms, Zoom Whiteboards

$11.99 to $31.99 per user per month, custom plans available

10 to 250 participants

Schedule, host and collaborate in mobile video conferences

Cloud recording from 1GB to unlimited use

Screen sharing available

$25 or $279 per month based on number of attendees, custom options available

25 to 1,000 attendees depending on price point

Mobile apps on iOS and Android for connecting

Time-based recording storage from 30 minutes to 10 hours

Screen sharing, breakout rooms, whiteboard feature

Nextiva logo

Nextiva

$11.95 to $57.95

4.7

Most of Nextiva’s plans offer an unlimited number of callers or 250 video participants to any number of conferences you need to have. All tiers have VoIP calling and 24/7 customer support via chat, email, or phone. There’s mobile functionality, but the apps are somewhat limited in features.

Why we chose it: Nextiva combines inbound and outbound VoIP calling with high-quality audio and video conference calling. To learn more about Nextiva’s features, read our complete Nextiva review.

  • 24/7 customer support on all plans
  • HD video calling
  • Includes VoIP calling
  • Essential plan has no conference calling
  • Apps are lacking in features
  • Plans can be pricey

Pricing: Although Nextiva has four communication plans, only three incorporate conference calling. Its Essential plan at $11.95 per month only tackles inbound and outbound calling and peer-to-peer video. No matter which other plan you choose, you’ll be able to benefit from HD video.

The Professional plan opens the door for up to 40 participants to engage in an audio-only conference call for $20.95 per month. Video chats increase that limit to 250 people at a time. You’ll also be able to make use of 3,000 toll-free minutes per month.

Moving up a tier, the Enterprise plan allows an unlimited number of callers over the phone for $26.95 per month. There’s still a 250 person maximum for video conferences and 12,500 toll-free minutes. In addition to more callers, you can record an unlimited number of meetings and access voice analytics.

Nextiva’s Ultimate plan is an eye-opening $57.95 each month but throws in sales productivity and pipeline management alongside automated surveys.

RingCentral logo

RingCentral

$19.99 to $49.99

4.6

RingCentral features high-definition audio and video software for smooth connections alongside a top-tier VoIP calling service package. Teams of up to 1,000 can partake in an audio call, or 200 users can video chat for no extra cost. Joining these conversations can be as easy as clicking a button, but collaboration tools are somewhat limited once inside.

Why we chose it: RingCentral has a built-in suite of combined calling and conferencing tools that cover a multitude of uses.

  • HD video and voice
  • Up to 1,000 audio call participants
  • Easy access to conferences from any device
  • Lowest tier has no conference calling
  • On the expensive side
  • Limited collaboration tools

Pricing: RingCentral’s Essentials plan sits at $19.99 monthly for basic communication tools but lacks any sort of call conferencing feature. The following tiers of service include HD voice and video to get the most out of your meetings.

At $27.99 per user per month, the Standard plan isn’t cheap but includes unlimited audio conferences of up to 1,000 people and video meetings for a maximum of 100. RingCentral’s use of access codes and text makes it easy for participants to connect from any device. This price also contains a business phone line with a pool of toll-free minutes.

Bumping tiers up to the Premium level doubles the number of video callers you can have while adding automatic call recording, real-time analytics, and integration tools. Expect to pay $34.99 per month for these additional features.

A final jump to RingCentral’s Ultimate tier adds in device status reports and alerts unavailable with other tiers. You’ll also be able to store an endless amount of files and recordings for a total price of $49.99 per month. Read our in-depth review on RingCentral to learn more.

FreeConferenceCall.com logo

FreeConferenceCall.com

Free

4.4

As the name implies, FreeConferenceCall.com offers a free conference calling service for up to 1,000 individuals. It has some powerful features, including call recording and tools for collaboration. The software does fall short in online capacity and looks a little rough around the edges when presenting to an unfamiliar client.

Why we chose it: FreeConferenceCall.com contains a number of features, all made available for $0 per month.

  • Completely free to use
  • Up to 1,000 participants
  • Free international conference calling
  • Small online storage capacity
  • Minimal customization options
  • Software doesn’t feel as polished

Pricing: FreeConferenceCall.com has just one plan that’s entirely free for businesses to use for audio and video conference calling. You can have up to 1,000 people from up to 82 countries all participating in one chat.

The site does ask for companies to adopt a “pay what you can” strategy to cover the costs of maintenance and upkeep. It goes on to say that the conference calling software will remain free for those who need it to be.

GoToMeeting logo

GoToMeeting

$12 to $16

4.2

Both mobile and PC users benefit from GoToMeeting’s deep feature list. The conference calling software made its mobile app easy and intuitive to use without limiting features. While there’s limited customization and no option for audio-only, GoToMeeting makes up for it with a high-quality platform.

Why we chose it: GoToMeeting packs its mobile apps with many of the same features PC users benefit from for maximum flexibility.

  • HD video
  • Mobile app loaded with features
  • Record to local devices or the cloud
  • Can run slow with large groups
  • Limited customizations for brand integration
  • No audio conferencing option

Pricing: Although GoToMeeting’s two price tiers are only four dollars apart, there are some significant differences in features between them. Both offer HD video and access to mobile apps that users can log into from anywhere.

GoToMeeting’s Professional plan at $12 per month allows for 150 logins to your meeting without fear of time limits. You can share screens or split teams into breakout rooms to hash through projects.

The Business tier at $16 monthly opens up the software to unlimited cloud (or local) recording and drawing tools to help get your point across. Should you need to add more to your plan, you can customize your own features with GoToMeeting’s Enterprise plan. Doing so requires a call to their sales team.

Zoom logo

Zoom

Free to $240

4.5

Zoom has become popular as both a business and social tool with a basic plan that costs nothing to use. However, paid plans allow you to make the most of this conference calling service with a 30-hour meeting duration and cloud recording. The software lacks HD video out of the gate, requiring a request to Zoom before the feature is made available.

Why we chose it: From free to paid, Zoom’s deep and customizable feature set makes it the best call conferencing service for video.

  • Free plan available
  • Local and cloud call recording
  • Zoom Whiteboards for collaboration
  • Must request use of HD video technology
  • Free version is limited to 40 minutes of video
  • Limited customer service in free version

Pricing: Zoom introduces a free plan with features you’d have to pay for elsewhere. Record calls, use Zoom’s whiteboard tools, or screen share, all for free. The plan’s downside is a 40-minute call limitation and almost no customer service.

At $149 per year, the Pro plan effectively removes the duration limitation, increasing call time to 30 hours. It also introduces 1GB of cloud storage and the ability to stream live to a third-party service.

Zoom’s Business plan sits at $199.99 yearly and raises the participant cap on video calls to 300 people. You’ll finally have phone access to Zoom’s customer service crew and options to introduce branding.

Increasing the limit further, the Enterprise plan allows 500 users to join a single meeting for $240 per year. You’ll also be able to record an unlimited number of sessions for future reference.

Vast Conference logo

Vast Conference

$11.99 to $31.99

4.1

Vast Conference makes cumbersome connections ancient history with one-tap texts and unique call-in numbers for each attendee. This feature extends to 52 countries around the world for meetings of global scope. However, there aren’t many options to collaborate with your team, and Vast Conference doesn’t yet play well with other software packages.

Why we chose it: With Vast Conference, your team only needs to dial their unique number and access code to join the conversation.

  • Each regular attendee gets their own call-in number
  • Toll-free dial in from 52 countries
  • HD video conferencing
  • Low participant limits
  • Limited collaboration tools
  • Few integration options

Pricing: Vast Conference showcases four plans with increasing feature sets for you to choose from. Each has screen sharing and HD video conferencing should you not wish to go the audio-only route.

The Essentials tier at $11.99 per month enables you to host conference calls of up to 10 people. Cloud recording is limited to just 1GB of storage space.

Once you outgrow Essentials, the Standard plan at $15.99 increases the participant size to 100 people and unlimited recording to the cloud. This tier also allows for meeting personalization and single sign-on.

At $31.99 monthly, Professional does nothing more than increase the caller limit to 250. Custom plans are available with a call to Vast Conference’s sales team if you require something more.

ClickMeeting logo

ClickMeeting

$25 or $279

4.4

ClickMeeting is designed for presenters who require control over meetings. The software also contains a slew of collaboration tools for smaller conference call meetings and brainstorming sessions. These whiteboard tools are only accessible in calls of 25 participants or less.

Why we chose it: ClickMeeting’s features center around presenting and webinars but work just as well for conference calling.

  • HD quality video
  • Several collaboration tools
  • Edu mode for presenting
  • Whiteboard only available on calls of up to 25 individuals
  • Minimal cloud recording storage
  • Prices scale depending on number of attendees

Pricing: ClickMeeting’s two service tiers present collaborative tools for small conference calls and presentation software for the larger ones. No matter the size of your conference, you’ll have access to HD quality video and access through mobile.

The Live tier boasts recording storage for up to 6 hours and an Edu mode to limit distractions and interruptions. Starting at $25 per month for 25 users or less, the plan scales all the way to $279 for 1,000 attendees.

Grab the Automated plan to access automatic scheduling, streaming, and publishing tools so you can focus on your presentation. This plan starts at $40 per month for 25 users but costs $279 if you plan to have 1,000 participants attending.

Methodology for the Best Conference Call Services

We looked at several factors when picking out the best conference call services. Consider the following features before pulling the trigger on the software you ultimately choose.

  • Audio/Video Quality: A conference call is only effective if all participants are seen and heard. Not all providers embrace HD audio and video technology that can affect meeting quality.
  • Number of Users: The last thing you need is to be stuck with capacity limitations that prevent your whole team from joining your call. Think ahead when picking out a plan so you can avoid this down the road as well. Some of the best conference call services have breakout rooms that smaller teams can brainstorm in.
  • Integration: Some conference calling services excel at what they do but don’t offer any additional functionality such as inbound/outbound calling or customer relationship management software. For these instances, you’ll want to make sure the conference call software you choose integrates well with other platforms you currently use or will use in the future.
  • Device Compatibility: Our modern world offers users the chance to join a conference call from a number of devices, from personal computers to phones and tablets. Traditional calling is going the way of the dinosaur, so it’s crucial to ensure the software you use works well with all the different devices out there.
  • Customer Support: The best conference call services work great until they don’t. When meetings become laggy or participants keep dropping out, you need to be able to rely on a customer service team to bail you out in record time. Some lower-price plans limit customer service to a FAQ section or email when you need immediate help.
  • Price: Pricing needs to meet your business’s budget both now and in the future. Purchasing a service that can scale with your company saves the headache of having to switch every few years.

Frequently Asked Questions (FAQs) for Best Conference Call Services

This FAQ section covers some of the most common questions regarding conference call services. Read on to discover the answers.

Bottom Line on Best Conference Call Services

The best conference call services connect you to individuals that help make your business successful. Through high-quality audio/video and robust feature sets, you can plan out your next big project or impress a potential client.

Nextiva brings the best overall service in our opinion, with impressive customer support, unlimited participants, and included VoIP calling. Should Nextiva not speak to you, we’re confident one of the others on this list will.

Best Video Conferencing Software for 2023

Businessman having a video conference meeting with colleagues

Video conferencing software helps make our world that much smaller by connecting people from wherever they may be. The best video conferencing software provides tools to make conversations a breeze while offering tools to collaborate seamlessly. Read on to check out our top picks for video conferencing available today.

Best Video Conferencing Software

Software

Price

Sharing

Chat Features

Brand Integration

Video Recording

Free to $240 per year per license

Screen sharing

Private and group chat

Can customize email templates and meeting page

Stored locally or on the cloud

$12 to $16 per organizer per month, custom plans available

Share screen or pass control to participants

Organizer can turn on chat or question asking

No brand integration is available

Cloud recording on desktop or mobile

Free to $12.50 per user per month

Screen sharing

Unlimited with file attachments allowed in chat

Customized backgrounds, custom email domain address

Meeting recordings and transcripts

Free or $7.99 per month, custom plans available

Can share and present your screen to viewers

Basic functionality for text and links

Does not support brand accounts, some background customization available

Meeting recording saved to organizers’ Google Drive

Free to $25 per license per month, custom plans available

Desktop, application, file, and whiteboard sharing options

Chat, notes, raise-hand, and polling

No options for customization or branding

Local or cloud storage options

Free to $300 per month depending on the number of attendees

Screen sharing from desktop or mobile, can share files

Meeting chat and notes

Corporate branding available with paid plans

Limited cloud storage available

Free or $11.99 per organizer monthly

Share files and screen, manage tasks

In-meeting chat with breakouts available

No branding available

Store cloud recordings for up to seven days

Zoom logo

Zoom: Best Overall Video Conferencing Software

Free to $240

4.7

Zoom is one of the most popular video conferencing apps available thanks to an extensive feature set. Its free plan allows for up to 100 participants but is limited to only 40 minutes of video. Other tiers remove this limitation while offering branding options to get your name out there.

As one of the best video conferencing software options, it’s easy to record video for future reference and allow your teams to chat or break out into smaller groups. For all it does have, it’s a shame that HD video isn’t standard.

Why we chose it: Zoom has several strong features and up to 100 participants (even in its free service). Upgrading to a higher tier won’t break the bank if the need arises.

  • Excellent chatting capabilities
  • 100 participants even with free version
  • Customizable interface with branding
  • Free version is limited to 40 minutes of video
  • Limited customer service in free version
  • HD video is not standard

Pricing: Zoom has four tiers of service, each adding new features along the way.

The Basic plan doesn’t shy away from features, with chatting, breakout rooms, recording options, and security. While it allows 100 participants, videos are severely limited to 40 minutes.

An upgrade to the Pro plan boosts the meeting duration to a whopping 30 hours. You’ll have access to Zoom’s live chat customer service, streaming capabilities, and reporting.

With the Zoom business tier, participant capacity jumps to 300 users and you can customize your landing page and emails with your company’s branding. You can add up to 500 people to your video meeting at the Enterprise level and have unlimited cloud storage for recordings and information.

GoToMeeting logo

GoToMeeting: Best Video Conferencing Software for Mobile Users

$12 to $16

4.5

GoToMeeting brings HD video to all platforms and tiers of service. Plans allow between 150 and 3000 members on a conference at a time and have no limitations on duration. The software is built to include mobile devices, offering the ability to host from anywhere with ease. It does have limitations on chat features and lacks the ability to customize with your company’s branding.

Why we chose it: GoToMeeting doesn’t discriminate between PC or mobile devices, allowing easy connectivity and shared functionality for all your guests

  • 14-day free trial
  • No meeting time limits
  • HD Video with all plans
  • No option for brand integration
  • Chat features are somewhat limited
  • Can run slow with large groups

Pricing: The three price plans GoToMeeting offers are designed to grow along with your business. Although none are free, a 14-day trial lets you try before you buy.

Its Professional plan for $12 a month per organizer enables up to 150 members to join your conference. While you can hold basic meetings with screen sharing and basic chat, most other features are hidden away in the Business tier.

Advertised as GoToMeeting’s most popular plan, the Business tier for $16 per month increases meeting capacity to 250 and throws in transcription and recording, among others. It is worth noting that as meetings near triple-digit participants, things can slow down considerably.

You’ll need to reach out to sales about pricing for the Enterprise plan, but you’ll be able to customize things to your needs and bring up to 3000 people on board.

Microsoft Teams logo

Microsoft Teams: Best Video Conferencing Software for Microsoft Office Users

Free to $12.50

4.4

Microsoft Teams is every Office user’s dream, allowing access to web-based versions of its popular business tools. Teams can collaborate in Word, Excel, or PowerPoint in real-time while on a conference, sharing files and ideas orally or in chat. This can make chatting difficult to navigate through, and hosts have limited ability to mute or otherwise wrangle participants.

Why we chose it: Microsoft Teams takes video conferencing to the next level through collaboration tools and access to the Office suite of software.

  • Able to put file attachments into chat
  • Links up to web versions of Word, Excel, PowerPoint
  • Impressive amount of file storage
  • Limited reporting and support for low-level plans
  • Chat can become hard to sort through
  • Hosting tools are somewhat limited

Pricing: Four revamped tiers of video conferencing services are available to those interested in using Microsoft Teams.

There is a free version of the software that’s limited to 100 participants and 60 minutes of conversation at a time. Your team will have access to the Office web suite and storage options, but advanced features and support are nowhere to be found.

Teams Essentials expands the conference size to 300 individuals and caps the meeting duration at 30 hours for $4 per user monthly. It also doubles storage space and provides phone and web support.

The Microsoft 365 Business Basic plan increases file storage to 1TB of space and adds in transcription and recording. The package also comes with a local copy of theOffice 365 product list, all for $6 a month.

Microsoft 365 Business Standard adds in webinar hosting and premium features for Office 365 apps. It does cost significantly more at $12.50 per user each month.

Google Meet logo

Google Meet: Best Ease of Use Video Conferencing Software

Free or $7.99

4.3

Google Meet (formerly known as Google Hangouts) developed a networking space that links up with Google tools to help you get work done quickly from anywhere. Its click-and-join approach with unique web links allows users to easily connect from anywhere. While still basic in some areas, Meet is an accessible experience that offers free and premium services.

Why we chose it: Google Meet brings to life a simple video conferencing service with easy connectivity and a handful of neat features.

  • Ties seamlessly into Google’s other business tools
  • Easy to connect and use
  • Free plan
  • Simple chat functionality
  • Limited branding options
  • Storage space is not limited to just Google Meet

Pricing: Google Meet rose out of the ashes of Hangouts with a free forever service for 100 max participants to chat for up to an hour. 

Meeting recording and breakout rooms become available with the Google Workspace Individual plan at $7.99 per month. Conferences can last up to 24 hours with this tier, and 24/7 support becomes available.

The Google Workspace Enterprise pushes the meeting capacity to 500 while incorporating additional security features and live streaming in-domain. You’ll have to get in touch with sales to work out the pricing details of this package.

Webex logo

Webex: Best for Combined Video Conferencing and Calling

Free to $25

4.3

Webex has a lengthy list of plans that cater to businesses in need of video conferencing, calling, or both. On the video side of things, even Webex’s free plan maxes out at 100 users for up to 50 minutes at a time. Paid plans come with 10GB of space for storage, but there are no options to customize the interface to show off your brand.

Why we chose it: Webex offers the ability to combine the best of video conferencing and calling into one stellar platform.

  • Free plan available
  • Can save recordings to desktop or cloud for future viewing
  • HD video meetings
  • No branding customization possible
  • Companies already with a call plan may not benefit as much
  • Can get cluttered with video and call software together

Pricing: Several pricing options are made available, depending on the features and access you need for video conferencing and calling.

The Basic plan is free to use but offers nothing in the way of calling. Meetings can last up to 50 minutes and host 100 users at a time. Chat, HD video, recording to desktop, sharing, and mobile support are all included.

Adding in more conferencing features, the Meet plan increases the meeting length to 24 hours and doubles the number of participants to 200. Webex Meet adds in 10GB of cloud storage and transcriptions for $13.50 per month.

If you do need call capability alongside video conferencing, the Business plan is where to look. At $25, Business doles out domestic and international calling with extensions, forwarding, and voicemail.

Webex’s Enterprise plan brings in even more functions like call recording and a call queue for those who need even more from calling out. A message to the sales team is necessary to determine pricing options for this tier.

Looking for something more robust for incoming and outgoing calls for a whole team? Consider our list of the best call center software.

Zoho Meeting logo

Zoho Meeting: Best Video Conferencing Software for Webinars

Free to $300

4.2

If you’re looking to put on any number of webinars, Zoho Meeting may be the video conferencing app for you. It has a plan dedicated to presenting and steaming to the masses that scales in price depending on the number of attendees. Storage options are limited for recording, but meetings can go on for as long as you want.

Why we chose it: Zoho Meeting is the best video conferencing software for those who make use of webinars.

  • No meeting time limits
  • Company branding options available
  • 14-day free trial
  • Pricing increases based on the number of participants
  • Limited storage, costly add-on to add more
  • Free plan participant size is very small

Pricing: Zoho Meeting’s three tiers each serve a particular purpose in video conferencing. There’s a 14-day free trial you can use to try out its paid features.

Although free, its Basic plan can only hold up to 10 viewers, making for a very small webinar. It is possible to share screens and data with the few people watching.

The Meeting plan introduces branding into conferencing to make your name really stand out. Pricing starts at $3 per month for up to 10 participants but jumps to $15 when maxed out at 250 people. The software will record 10 of your meetings, but you’ll have to pay a premium to record more.

With a focus solely on webinars, the Webinar plan lets you stream live and track where viewers are watching from. Branding is still available, and storage jumps to 25 presentations. Like the Meeting plan, pricing begins at $16 per month for 25 attendees but can go as high as $300 if you have 3,000 people watching.

RingCentral logo

RingCentral: Best Video Conferencing Software for Collaboration

Free or $11.99

4.4

RingCentral Video is one option alongside messaging and phone services to allow teams to engage with each other and clients. The video portion is ideal for users to collaborate on ideas and perform project work simultaneously through integrations with Google and Microsoft applications. Common hosting tools such as muting others are lacking.

Why we chose it: RingCentral’s video conferencing software is part of a larger package that helps teams bring out their full potential.

  • HD video and voice
  • Can make calls from a video meeting
  • Integrates well with Google and Microsoft applications
  • Lacks hosting tools
  • No company branding is available
  • Only seven days of file storage with the free plan

Pricing: All of RingCentral’s video conferencing services can be bundled with phone or messaging plans, and it tops our list of the best VoIP providers. The two tiers of service below are specific to video conferencing.

RingCentral Video Pro is a free service allowing up to 100 users to share files or work together on projects. Meetings can last an entire day, but the cloud will only hold onto your last seven days’ worth of meetings before deleting them.

Upgrading to the Pro+ plan doubles the maximum number of participants and allows recordings to stay on the cloud for up to a year. This top-tier service also includes several features such as advanced analytics and customer support, but will set you back $11.99 per month.

Methodology for the Best Video Conferencing Software

Some of the best video conferencing apps can also double as conference call services – you only need to turn off video. We focused on specific factors which contribute to making a video conferencing app rank high on our list. Below are the considerations we took into account when picking the best video conferencing software out there.

  • Number of Users: The best video conferencing software isn’t worth anything if it can’t contain the number of participants you work with on a regular basis. Most services will scale with you as you grow, but don’t paint yourself into a corner by capping your capacity.
  • Meeting Duration: Paid plans have no trouble offering a minimum of 24 straight hours of video conferencing if you ever need that much time. Free services can be severely limiting, so be sure to find one that won’t constantly end your meeting prematurely.
  • Collaborative Tools: Video conferencing apps can be used to connect with clients outside your company. That being said, you’ll likely use the software to bring your team together, especially if people work from home or multiple offices. Collaborative tools including chat, file sharing, and integrations with popular office tools can make teamwork that much easier.
  • Video Quality: More services are switching to high-definition video quality with conferencing, but they are not all there yet. If you want to limit stutters, stops, and grainy images, consider choosing a plan that’s ready for HD.
  • Recording: Being able to record your video conferences gives those who missed the meeting an opportunity to watch after the fact. These recordings can also serve as a point of reference for project notes or brainstorming ideas.
  • Branding: When you use your video conferencing software to communicate with individuals outside your business, it’s nice to put a personal spin on things. Incorporating your own branding adds a sense of professionalism that may land you the sale.
  • Price: Some video conferencing apps have free versions with limited functionality that your business will someday scale beyond (if it hasn’t already). Once you switch to a paid plan, it’s crucial to get the biggest bang for your buck.

Frequently Asked Questions (FAQs) for Best Video Conferencing Software

This FAQ serves to tackle some of the most commonly asked questions surrounding the best video conferencing software. Read on to see answers to the burning questions you may have about these services.

Bottom Line on Best Video Conferencing Software

Video conferencing software programs helped get us through the worst of the global pandemic a few years back and still stand to keep people connected in the business world. They are more popular than ever in the workplace to help staff collaborate from anywhere they may be.

These applications similarly help businesses reach new clients, increase sales, and grow in ways never thought imaginable. With free and paid options tailoring to companies of all different sizes, no organization should be without some form of video conferencing.

The 6 Best Startup Business Loans & Lenders for 2023

Approved loan application form

Your small business or startup idea could change your life as well as the lives of your customers – but you need the capital to get it off the ground. Small business loans are vital if you want to effectively develop a new business idea or expand an existing firm.

But with so many different small business loan providers and types of loans, it can be exceptionally challenging to choose the right one. Knowing the differences between the various types of loans and lenders is an important part of making the best choice for your business when borrowing money.

Best Small Business Loans

  • LendingTree – Best Startup Business Loan Overall
  • BlueVine – Best  Startup Business Loan for Accessible Credit Lines
  • Lendio – Best  Startup Business Loan for Lender Comparison 
  • Credible – Best  Startup Business Loan for Flexible Options
  • AmOne – Best  Startup Business Loan for Fast Approvals
  • Fundera by NerdWallet – Best SBA Startup Business Loan

Lender

Type of Loan

Loan Limits

Interest Rate

Term length

Personal Credit Score Requirements

Business History Requirements

All types

Up to $2 million

Varies based on lender

Varies based on lender

Varies based on lender

Varies based on lender

Line of Credit

$5,000 to $250,000

Starting at 4.8%

6-12 months

600

6 months

All types

$25,000 to $500,000

Starting at 4.5%

Varies based on lender

Varies based on lender

Varies based on lender

All types

$600 to $100,000

3.99% to 35.99%

Varies based on lender

Varies based on lender

Varies based on lender

All types

$1,000 to $100,000

Varies based on lender

Varies based on lender

Varies based on lender

Varies based on lender

SBA loans, term loans, lines of credit and more

Up to $5,000,000

Starting at 7.75%

Varies based on offer

650

4 months

LendingTree logo

LendingTree: Best Startup Business Loan Overall

4.95

LendingTree is an online lending platform that connects businesses to an extensive range of lending partners. Therefore, LendingTree does not actually originate any loans. Instead, LendingTree matches you with the best lending partner based on your application. LendingTree offers SBA loans, short-term loans, business lines of credit, equipment financing, and invoice factoring.

Why we chose it: LendingTree offers the best small startup business loans because this company matches you with multiple potential lenders. Therefore, you can easily find a loan offer with reasonable terms once you complete the application.

  • Reasonable borrower qualifications
  • Multiple types of financing are available
  • Quick and easy application process
  • You may be subject to additional fees
  • Uninformative website advertising
  • Pushy customer service

Pricing 

The terms and fees for your startup business loan depend on the specific loan offer’s rates. Check out your pricing by filling out the quick LendingTree online application.

Application Process

LendingTree’s quick and simple application process is one of the primary reasons it’s the best startup business loan platform. Since the application is online, you can complete it within 10 minutes. The application asks for your business’s classification, credit score, profitability, and time in business. After you complete the application, LendingTree will show you your startup business loan offers within two minutes.

Borrower Qualifications

The great part about LendingTree is that it’s inclusive of most businesses. Rather than having specific criteria to rule out potential borrowers, LendingTree uses your credit score, annual revenue, and profitability to find a lender willing to work with your business.

Loan Limits

Your specific loan limits depend on which lending partner LendingTree matches you with. That being said, you can ask to borrow up to $2 million on the LendingTree application. 

Terms and Fees

Since LendingTree works with several lending partners, your terms and fees depend on your specific loan offer. For this reason, reading through the entire loan offer is essential. This is the only way to determine if the terms and fees are reasonable for your business to pay off.

BlueVine logo

BlueVine: Best Startup Business Loan for Accessible Credit Lines

4.90

BlueVine is an established online lending platform that provides short-term business lines of credit between $5,000 and $250,000. You can choose from Flex 6 or Flex 12 lines of credit, designed around six and 12-month repayment periods. Therefore, BlueVine is an excellent choice for small business owners that need short-term working capital or startup business loans. 

Why we chose it: BlueVine is the best online lending platform for flexible credit lines because you can finish your application and receive a decision on the same day. This lending platform also considers borrowers with poor credit and six or more months in business. 

  • Funding within one business day
  • Multiple term lengths
  • Low minimum credit score requirements
  • You may be subject to weekly repayments
  • Requires a personal guarantee
  • Unavailable in North Dakota, South Dakota, and Nevada

Pricing

The terms and fees for your startup business loan depend on the specific loan offer’s rates. Check out your pricing by filling out the quick BlueVine online application.

Application Process

BlueVine stands out as one of the best startup business loan providers with a simple and fast application process. You can complete the online application in under 10 minutes. Furthermore, you will receive your loan offers within a few minutes and funding within one business day. 

Borrower Qualifications

BlueVine features more lenient borrower qualifications than other online and traditional lending platforms. However, BlueVine focuses on your business’s cash flow, time in business, and credit score.

Furthermore, BlueVine is one of the best small business loans for startups. This is because BlueVine considers borrowers with just six or more months in business.

Loan Limits

You can access a line of credit and borrow between $5,000 and $250,000 from BlueVine. 

Terms and Fees

BlueVine offers two different payment structures: Flex 6 and Flex 12. Borrowers who choose Flex 6 are subject to weekly payments over 26 weeks. On the other hand, Flex 12 borrowers make monthly payments over 12 months. Furthermore, you can expect interest rates ranging from 15% to 78%. 

Lendio logo

Lendio: Best Startup Business Loan for Lender Comparison

4.82

Similar to LendingTree, Lendio is another loan platform with an extensive lender marketplace. In fact, Lendio lets you compare startup business loan options from more than 75 direct lenders. In addition, your loan can be deposited into your bank account as quickly as 24 hours. Therefore, Lendio is an excellent option for small business owners who need fast cash.

Why we chose it: Lendio is the best startup business loan provider for finding quick and comprehensive loan offers because it provides over 75 loan options once you complete the application. Therefore, you can use Lendio to find the best rates and terms you can possibly qualify for. 

  • Compare loans from over 75 lenders
  • Rapid funding time
  • Can borrow up to $500,000
  • Not a direct lending platform
  • Borrower requirements vary by lender

Pricing 

The terms and pricing for each startup business loan from Lendio depend on which lender it matches you with and your business’s financial situation.

Application Process

Lendio has a 15-minute online application process. Once you finish the application, you receive your decision on the same business day. Therefore, Lendio is a fantastic choice for small business owners who need a quick list of startup business loan options to compare. 

Borrower Qualifications

Since Lendio isn’t a direct lending platform, the borrower qualifications vary depending on which lender it matches you with. It depends on your business’s annual revenue, time in business, and your personal credit score.

Loan Limits

In terms of Lendio’s small business loan limits, you can borrow between $25,000 and $500,000. Furthermore, you can repay the loan over a one to five-year time period.

Terms and Fees

Although your terms and fees depend on your specific loan offers, your APR can be as low as 4.5%. However, your specific terms and fees are based on your credit score, time in business, and several other financial factors. 

Credible logo

Credible: Best Startup Business Loan for Flexible Options

4.73

Credible is another online lending platform that shows you real prequalified rates for loans without impacting your credit score. Therefore, Credible is similar to the two options above and not a direct lender. Instead, Credible matches you with the best potential lenders in its network based on your application and business information. 

Why we chose it: Credible is one of the best lending platforms for startup business loan options because you can check rates from multiple lenders. This lending platform is free to use, and you can see prequalified rates in only two minutes. 

  • Easy prequalification process
  • Multiple lenders
  • Additional financial products
  • You may be subject to origination fees
  • High APR for borrowers with poor credit

Pricing 

The specific rates and terms for your small business loan from Credible depend on various factors, such as your credit score and business financials. 

Application Process

Credible is a customer-focused online lending platform. Therefore, Credible simplifies the loan application process and lets you quickly compare rates from multiple lenders.

Borrower Qualifications

The borrower’s qualifications vary from lender to lender. However, lenders typically view your credit score, proof of income, and debt-to-income ratio to see the type of loan offer they can present. 

Loan Limits

You can borrow anywhere from $600 to $100,000 for a startup business loan from Credible.

Terms and Fees

The interest rate for your Credible loan range from 3.99% to 35.99%. Luckily, you can find your specific terms and fees in just two minutes through the online application process.

AmOne logo

AmOne: Best Startup Business Loan for Fast Approvals

4.67

AmOne is another loan marketplace that matches borrowers with the best potential lender based on personal and business details. AmOne’s lending partners include Marcus, SoFi, Best Egg, Prosper, LendingPoint, and Avant. In addition, AmOne matches you with a list of loan offers within minutes. This lending platform doesn’t require a minimum credit score.

Why we chose it: AmOne offers the best startup business loans with fast approvals since this lending platform doesn’t require a minimum credit score. You can view your loan offers within minutes after completing your application.

  • Simple application process and fast turnaround time
  • No credit score check
  • Range of loan terms
  • Lenders may call you to specify loan terms
  • Must provide personal info
  • Rates by lender

Pricing 

Your loan terms and interest rates depend on your application and business details. 

Application Process

AmOne has a quick application process. You must provide simple information in your application, such as your name, address, income, and date of birth. However, AmOne does not ask for your Social Security number or conduct a hard credit check. AmOne will display your list of loan offers within 45 seconds after submitting your startup business loan application.

Borrower Qualifications

AmOne has a wide range of lending and financial partners that cover the entire range of American consumers. Therefore, approval requirements are determined by each lender themselves. 

Loan Limits

You can borrow $1,000 to $100,000 with your AmOne startup business loan. Although AmOne offers small business loans, you can also take out unsecured personal loans for debt consolidation or home improvement and secured loans to purchase boats or vehicles. 

Terms and Fees

AmOne welcomes borrowers with a wide range of credit histories and business financials. Therefore, your specific rates and terms depend on your application and business financials.

Fundera by Nerdwallet logo

Fundera by NerdWallet: Best SBA Startup Business Loans

4.57

Fundera is a unique alternative lender that acts as both a direct lender and loan marketplace. For this reason, Fundera can fund the entire loan. However, Fundera may also choose to match you with several lenders in its network. This provides the flexibility and speeds small business owners need. Furthermore, Fundera can help business owners with low credit scores. 

Why we chose it: Fundera by Nerdwallet offers the best SBA loans because it offers loans from Cadence Bank and BayFirst. Fundera also offers multiple SBA loan types, including the 7(a) Program, CDC/504 Program, and Microloan Program.

  • Extensive lender marketplace
  • Competitive interest rates
  • Soft credit check
  • Potentially long turnaround time
  • Unclear borrow qualifications

Pricing 

Your Fundera startup business loan’s pricing depends on your specific loan offers and the terms they present. You should compare your options and choose the one with the most reasonable payback terms. 

Application Process

Fundera offers an easy application process and access to SBA 7(a) loans, term loans, invoice factoring, and more. Furthermore, you can receive funding faster than you would at your local bank. 

Borrower Qualifications

The borrower qualifications for a Fundera loan depend on each specific lender. They will look at relevant details such as your credit score and business financials. 

Loan Limits

You can borrow up to $5,000,000 from Fundera with an SBA 7(a) loan. However, you need a minimum credit score of 650. This program includes lenders such as Live Oak Bank and Wells Fargo. 

Terms and Fees

Your interest rate will range from 7.75% to 10.25% for your SBA loan from Fundera. However, you can expect higher interest rates for small business loans, online term loans, and online lines of credit.

Choosing the Best Small Business Loan

Choosing a small business loan can be a daunting task. Not only are there different types of loans available, you’ll also have to choose between different providers that have various advantages and drawbacks. There are significant differences between banks and various alternative lenders. Plus, you may want to choose one of two popular kinds of small business loans: term loans or lines of credit. There are also other credit products like equipment financing and working capital loans.

Loan Provider Options

The first thing to consider is where you go to get your loan. The traditional place for small businesses or startup to get a loan is to apply at a bank. If you don’t think you’ll qualify for a bank loan, either because of poor credit, lack of business history, or other factors like a previous bankruptcy, then you should take a look at alternative lenders, which include what are commonly called marketplace lenders. 

Traditional Banks

There are variety of banks for startups nowadays. You’ll generally receive the best rates, fewer fees, longer repayment terms, and more flexible pay back options with a business term loan from a bank. However, qualifying for these kinds of loans is difficult and you’ll need good credit and a track record of profitable business in order to be accepted.

Marketplace Lenders

Marketplace lending is broadly defined to include any practice of pairing borrowers and lenders through the use of an online platform without a traditional bank intermediary. These are non-bank entities that make a variety of different types of loans to small businesses, such as term loans, merchant cash advances, and business lines of credit. They source their funding from lenders who have a higher risk tolerance than other lenders and can operate without the same legal restrictions that deposit-taking banks must follow.

As a result, it’s often easier to qualify for a loan from an alternative provider and quicker to source funds from them. The trade-off is that you’ll pay higher interest rates, fees, and have shorter repayment terms. Alternative lenders also might have onerous repayment schedules, with payments due as frequently as daily or weekly.

If you are in a position where you don’t qualify for a traditional bank, then you should consider one of the best bad credit business lenders. You might also find that even if you do qualify for a loan from a bank, a shorter-term loan from an alternative lender is more suitable for your situation. This could be because having quick access to cash is more important than securing a low interest rate, for example.

Type of Loan: Term Loan or Line of Credit?

The next thing to consider is the type of loan you want. There are a variety of term loans, usually based on term length, and lines of credit, which may be secured or unsecured. Each type of small business loan has its pros and cons. 

Term Loans

Term loans provide borrowers with a lump sum cash payment up front that must be repaid on a set schedule. You’ll be able to use the loan for operational expenses like marketing, hiring, buying new equipment, or to refinance existing business debt not secured by real estate, such as cash advances, business loans, and equipment leases. You’ll generally have a set interest rate and pre-arranged regular repayment schedule. Depending on the terms, you may or may not be able to pay it back early and avoid interest charges.

One common type of small business term loan is an SBA loan, which is backed by the Small Business Administration, a U.S. federal government entity whose purpose is to support entrepreneurs and small businesses. These loans generally have better rates than non-SBA loans.

Lines of Credit

The other main type of business loan is a line of credit, which is a flexible loan that works like a credit card. You can draw money from a line of credit up to your limit. Interest is only paid on the amount of money that you borrow, making it less costly than term loans and useful for dealing with unforeseen cash flow challenges or unexpected purchases. The money can usually be accessed via a business checking account or credit card. 

Lines of credit can be secured, meaning the credit is guaranteed with property that can be seized by the lender if you fail to repay, or unsecured. Secured lines of credit tend to be easier to obtain and have lower interest rates.

Whether a term loan or a line of credit is the right choice will depend on your circumstances. If you’re unsure, speak with a small business advisor or a lending provider.

Other Types of Small Business Loans

In addition to term loans and lines of credit, there are other types of loans not considered in this article, but which may be valuable to you depending on your circumstances. These include:

  • Working capital loans: Short-term loans used to fund day-to-day operations that paid back from business receipts.
  • Equipment financing: Similar to a car loan, the new equipment being purchased acts as collateral for the loan.
  • Invoice financing: Money is borrowed against unpaid customer invoices, allowing you to access some of that money immediately. Invoice factoring is a similar option.
  • Merchant cash advance: Merchant cash advances involve borrowing money in return for a share of future profits from credit card sales.
  • Business credit cards: A business credit card functions more or less the same as a personal one. Can be difficult to obtain with bad credit.

Methodology for the Best Small Business Loan

The small business loan products in this guide are designed to help you find the loan that is the best fit for your business. Since every situation is different, here are the criteria upon which we based our rankings. Note that while we didn’t directly judge the products based on the type of loan or the provider itself, but rather on criteria that we applied equally to all products.

  • Interest rate and fees: When available, we looked at the interest rates and fees of the loan products.
  • Ease of application: We considered the complexity of the loan application as well as how long it normally takes to complete.
  • Speed of approval: We looked at how long the loan approval process, after the application is complete.
  • Ease for approval: We considered the requirements that the lenders have for their loans, such as minimum credit scores or business history requirements
  • Repayment terms: We looked at the loan term length, payment frequency, and any distinctive features, such as payment by invoices or business receipts.

Frequently Asked Questions (FAQs) for Small Business Loans

Bottom Line on Small Business Loans

Getting a small business loan can make all the difference in the success of your enterprise. Understanding what kind of loan you need is the first step to getting a loan that will help propel your business forward. BlueVine is one of the best lenders for a small business loan because of its flexible loan options, quick approval process, and easy application process.