Fundera Small Business Loans Review

#12 in Small Business Loans

Fundera is an online marketplace that offers free loan application services for small businesses. It gives borrowers access to its network of lenders, enabling them to get multiple loan offers all with a single application. The company provides a range of financial services which include Business Credit Cards, SBA Loans, Term Loans, Invoice Financing, Equipment Financing, Short Term Loans, Business Lines of Credit, Personal Loans for Business, Small Business Start-Up Loans, and Merchant Cash Advances. Borrowers can get loan of up to $5,000,000 with rates starting at 5%.

Features and Services

Fundera offers a secured online marketplace which enables small business owners get access to multiple loan offers from different lenders with just one simple application. Loan products include Term Loans, Equipment Financing, Invoice Factoring, SBA Loans, Line of Credit, Short Term Loans, Personal Loans for Business, Small Business Start-Up Loans, and Merchant Cash Advance.

Fundera offers a secured online marketplace which enables small business owners to get access to multiple loan offers from different lenders with just one simple application. Loan products include Term Loans, Equipment Financing, Invoice Factoring, SBA Loans, Lines of Credit, Short Term Loans, Personal Loans for Business, Small Business Start-Up Loans, and Merchant Cash Advances.

Applying for a loan is simple and the company is transparent with pricing and terms. Borrowers can choose from multiple offers with the option of selecting from the most competitive rates in the market. Fundera connects small businesses with a variety of funding options. It helps borrowers make more informed decisions by letting them compare different loan offers.

Fundera pre-screens lenders to ensure the quality of its partners. Each lender is evaluated via its track record, rates charged, diversity, interaction and customer service. Bank-level security ensures all transactions and data is protected. Online security features include auditing, backups, safe-guarding data, encryption, and log-in protection

Information required during application varies by lender, but may include anything from tax returns to credit card statements to bank statements and financial statements.

Small business loans range from $5,000 up to $5,000,000 with interest rates starting at 5%. Loans can be funded in as little as a day depending on the lender.

The process does not stop after a lender has funded a consumer. Fundera maps out a plan that helps them get less expensive loans over time. An Eligibility Tracker is provided to borrowers who are not ready to apply for a business loan.

Plan Details

Loan Amount

From $2,500  to $5,000,000

Loan Terms

Up to 120 months

Interest Rates

Starts at 5% 

Fixed Interest Rate

Variable Interest Rate

Down Payment

 
Loan Fees

Closing Cost

Varies by lender

Guarantee

Varies by lender

Other Fees

Varies by lender

Prepayment Penalty

Varies by lender

 

Loan Application

Online Application

Personal Credit Profile

Business Credit Profile

Approval Time

As quick as a day

Local Branches

Available Nationwide

Application Time

WITHIN MINUTES

Mobile App

 

Qualification

U.S. Citizen

Good Credit

Bankruptcy

Years in Business

Varies by lender

Qualified even with bad credit

 

Help and Support Services

Email Support

24 Hour Telephone Support

Live Chat

FAQs

 

Small Business Loans at Fundera

Fundera offers businesses a convenient and secure platform for small business loans. It also gives businesses the opportunity to choose the best loan terms by selecting from multiple lenders. Fundera also comes with an Eligibility Tracker feature that lets businesses track their personal credit, unlock lower-cost options, and improve their eligibility easily. A good choice for small businesses searching for an alternative to traditional or bank loans.

Latest Reviews

Start your review for Fundera Small Business Loans
B
Ben R
New York, New York
Fundera Small Business Loans review
8/19/2016
Excellent company! Fast. Easy. They really care about you.