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Price Funding Small Business Loans Review

Rating: 7.9 / 10 (Very good)
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Price Funding is an alternative lender based out of Florida that provides working capital loans and merchant cash advances for small businesses. </br> </br> When issuing loans, Price takes into consideration the applicant company's performance history. </br> </br> They offer fast turnaround, in as little as 24-72 hours, and payment schedules are flexible. Their loans don't accumulate interest, though a specific dollar amount of future sales revenue will be used for remittance.
 
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How Do We Rate Price Funding?

Breakdown

4.0/5
Loan Options
3.8/5
Application Requirements
4.0/5
Average Rates & Fees

Our Overall Rating: 3.9 / 5 (Very good)

Price Funding is a Miami-based broker that provides term loans and merchant cash advances to small businesses. They offer a good business loan maximum and solid terms, but there is a paucity of information on the specific details of the loans and the general experience of the customer.

Loan Options

Available Loan Types

SBA Loans
Revenue-based Financing
Equipment Funding
Working Capital Loans
Term Loans
Lines of Credit
Invoice Financing
Merchant Cash Advances
Equipment Loans

Term Loans

Min Loan Amount
$5,000
Max Loan Amount
$500,000
Min Term Length
3 months
Max Term Length
24 months

Merchant Cash Advance

Min Loan Amount
$3,000
Max Loan Amount
$500,000
Min Term Length
3 months
Max Term Length
24 months

Loan Options - 4 / 5

Price Funding is an online marketplace that provides customers access to term loans and merchant cash advances. The company offers maximums that are above average at $500,000 for both loan products, as well as very flexible repayment terms, from 3 months to 2 years. This is particularly good in the case of merchant cash advances, which are often accused of being predatory, due to their extremely short repayment terms.

Price Funding Rates & Fees

Average Rates & Fees - 4 / 5

Since Price Funding is an online broker, APRs, and associated loan closing and maintenance fees fluctuate according to the lender you are paired with.

Application & Qualifications

Online Application
Approval Time
24 to 72 hours
Min. Annual Revenue
$96,000

Application Requirements - 3.8 / 5

Businesses may only apply if they've been in operation for over six months, are located in the United States, and have no excessive bankruptcies or tax liens. Approval time is standard, at 24 to 72 hours.

Price Funding Reputation

Customer Feedback

Date Collected
2017-08-23

Consumer Education - 4 / 5

Price Funding has no Trustpilot or BBB entry, and little in the way of online customer evaluations, making it difficult to appraise their reputation at this time. This is most likely due to the company's young age.

Contact & Additional Information

Homepage URL
http://pricefunding.com/index.html
Company Phone
(855) 633-7061
Headquarters Address
2001 NW 107th Ave, Miami, FL, 33172
Top Rated
Our Partner
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Applying won’t affect credit score

  • Loan Amounts: $5,000 to $250,000
  • Average Yearly Revenue requirements: $100,000
  • Minimum Credit Score: 625 FICO
  • Minimum Time in Business to apply: 1 year
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