A Comparison of Interest Rates: Which Online Loan is Best for National Arborists?


The modern age has heralded a plethora of opportunities for entrepreneurs and professionals alike. Among these, arborists hold a significant place in ensuring the sustenance of our environment. As an arborist working at a national level, securing financial support for your endeavors might be one of your primary concerns. With the rise in online lending platforms, finding the perfect loan with a competitive interest rate has become a task that requires vigilant analysis. This article will provide a comprehensive comparison of interest rates on online loans, to help you choose the best option for your arboriculture ventures.

Understanding the Arboriculture Industry

Before diving into the loan options, it is important to understand the intricacies of the arboriculture industry. The profession demands investments in equipment, certifications, labor, and other operational expenses. Having a loan that caters to these specific needs can be instrumental in the success of national arborists.

Popular Online Loan Providers

Several online lending platforms offer specialized loans for small businesses and professionals. Below are some popular options.

  1. LendingClub: LendingClub offers a plethora of loan options for small businesses, including those in the arboriculture industry. They generally provide loans ranging from $5,000 to $500,000. Interest rates usually start at around 4.99% but can vary depending on your credit history and other factors.
  2. OnDeck: OnDeck specializes in providing loans to small businesses. Their loan amounts range from $5,000 to $250,000. The APR for OnDeck loans starts at around 9.99%, but this can change based on your eligibility and requirements.
  3. Funding Circle: Funding Circle is known for its transparent fee structure and comparatively low-interest rates. Loans range from $25,000 to $500,000, with interest rates starting as low as 4.99%.
  4. Kabbage: Kabbage, now a part of American Express, offers flexible loans to small businesses. The loan amounts range from $1,000 to $150,000. Their fee-based structure essentially works as interest, which can be equivalent to an APR ranging from 9% to 36%.

Things to Consider

While comparing interest rates is important, national arborists should also take into consideration other factors such as:

  1. Loan Term: How long do you have to repay the loan? A shorter term might mean higher monthly payments, but you may end up paying less in interest over the life of the loan.
  2. Fees: Are there any origination fees, processing fees, or early repayment penalties? These can significantly affect the total cost of your loan.
  3. Flexibility: How flexible is the lender in terms of repayment options, or using the funds for different arboricultural purposes?
  4. Customer Service: As your business might have unique requirements, it’s important that the lender is approachable and provides excellent customer support.
  5. Eligibility Requirements: Make sure you meet the criteria set by the lender. Some might require a minimum annual revenue or a certain credit score.


Choosing an online loan as a national arborist requires thorough research and comparison of interest rates, loan terms, fees, and more. Funding Circle and LendingClub are attractive options for their lower interest rates, but OnDeck and Kabbage offer specialized services for small businesses. Analyze your specific needs, the scale of your projects, and your financial standing before making a final decision. Lastly, don’t hesitate to seek advice from financial experts to make an informed decision.