Small Business Loans & Business Funding in Puerto Rico

Yes. Our application has accepted Puerto Rico businesses since July 2026. The practical difference from a stateside file is the funder pool: fewer mainland funders work the island, so matching is more selective, and we say so upfront rather than shopping a file that will stall. An Act 60 decree does not change how funders underwrite; they price deposits, receivables and assets, the same as anywhere. And one piece of advice we give every storm-exposed operator: arrange capital before hurricane season, while your statements show the business at strength, not during an outage when nothing looks fundable.

It is not among the eleven states, from California to Virginia, that have enacted one, and we have not identified a Puerto Rico statute mandating pre-signing disclosure. But Puerto Rico is not a blank slate: it operates its own UCC-aligned commercial code, the Commercial Transactions Act (Act 241-1996, as amended by Act 21-2012), and local frameworks may impose requirements the state laws do not. Our Puerto Rico counsel review is pending, so we hold that answer more loosely than we do stateside. What does not change is our own standard: every funder on a Puerto Rico file shows total repayment, payment schedule, and prepayment policy in writing before you sign.

Financing keyed to the receivable, not your deposit history. After a storm you mobilize crews and materials within days, and the carrier pays after adjustment, sometimes months later. An advance sized to your pre-storm deposits ignores the strongest thing on the file, which is a claim payable by an insurance carrier. Send the schedule of open claims with your bank statements and we will price a receivables-based structure against an advance in dollars, side by side.

The baseline for our most flexible products: 6+ months in business, roughly $20K+ in monthly business deposits, and owner credit around 500+ for revenue-based options. Two island patterns shape the rest. A supplier invoicing a pharma or medical-device plant on net-60 holds better credit in its receivables than in its deposits, which points to factoring or an AR line first. And because Jones Act freight raises inventory carrying costs, retailers and distributors pay for goods weeks before they sell, an inventory-cycle need rather than a revenue problem. Bank lines, equipment financing, and property-backed placements set higher bars. Criteria vary by lender and change.