Torro Review

Torro is an online commercial loan marketplace that connects business owners and entrepreneurs with lenders in its network of partners. It provides a convenient way to compare various funding options. So, Torro can help borrowers find the best available rates and terms for their situation. Notably, it not only connects growing businesses with funding but also startups.

In this review, we’ll look at the types of funding Torro offers and what to expect on the site. Let’s start by looking at the pros and cons.

Pros and Cons of Torro



What Does Torro Offer?

As of November 2021, Torro offers loans in two main categories: startup capital and business capital. Its startup loans are available to entrepreneurs seeking to launch new business ideas and increase their cash flow as their new ventures get up and running.

On the other hand, the company’s business capital loans are tailored for established companies. They come in two forms: fixed-term funding programs that function like standard loans and flexible solutions that act more like business lines of credit.

In addition to these financing options, Torro also offers:

Borrower Requirements

Torro doesn’t explicitly state firm borrower requirements on its website, as the end lenders in its network of partners have different standards. Prospective clients seeking startup capital usually apply based on their own personal credit histories. Meanwhile, established companies looking for business capital loans typically need to meet the following minimum requirements:

What To Expect on the Site

On the website, would-be borrowers should follow a few easy steps:

  1. Create a Torro account and provide the requested personal and business details.
  2. Specify the type of loan you’re seeking and the amount of money you’d like to secure.
  3. Submit your application.
  4. Compare terms and choose the loan offer with the most appealing terms.
  5. Provide any necessary supporting documentation and await the end lender’s decision.
  6. Review and return the loan documents to receive your funding.

Torro uses proprietary technology branded as the QuickWrite system to ensure your loan proceeds are delivered quickly once you’ve been approved.


Torro’s startup and business capital loans feature varying amount limits, interest rates, and repayment terms. These specifics are set by the lenders in the company’s network. However, there are some general caps and limits:

Several factors influence the loan amounts, interest rates, and repayment terms available to a borrower. These include:

We should also note that it’s free to use Torro to connect with lenders and investors.

What People Are Saying about Torro

The Better Business Bureau (BBB) profile of Torro indicates the company has been accredited since 2015. As of November 2021, Torro has an A+ BBB rating. Additionally, customers on the BBB website give Torro a score of 4.71 out of 5.

Torro also enjoys similarly strong ratings on Trustpilot. As of November 2021, Torro has an excellent Trustpilot score of 4.9 out of 5 stars:

The Bottom Line

Businesses can have a hard time securing the capital they need to meet their operational and cash flow needs. This is particularly true of emerging entrepreneurs, who typically face significant limitations and obstacles in their efforts to secure funding. Fortunately, Torro offers a wide range of flexible options to borrowers in these situations. It also has excellent customer satisfaction ratings. As you compare business loan lenders, Torro is a marketplace worthy of consideration.