This depends on a few factors: The kind of loan you apply for, how well you fill out the application, how many years you’ve been in business, and what your yearly revenue and your credit score are. It’s generally more difficult to get loans if you have a low credit score. The application process itself is usually straightforward. With most online lenders, it can be done within 15 minutes.
The best banks for small-business loans also give you fairly quick responses about whether they accept your application, but you might have to wait longer to get your funding.