Fundera provides small business owners with various financial options coming from its partner lenders. The company has lending specialists that match applicants to the most suitable financial product. In this article, we cover Fundera reviews and pricing. Ready to get started? Visit its website.
Summary of Positive Fundera Reviews
As of March 2019, there are not many positive Fundera reviews available online. However, some users said that its customer support team was helpful and attentive to their needs.
Summary of Negative Fundera Reviews
As of March 2019, there are no negative Fundera reviews available online.
Fundera pricing has interest rates that range from 7% to 36%. There are nine types of loans with loanable amounts ranging from $5,000 to $5 million. The main differences between the loans include maximum loanable amount, the speed of fund release, interest rates, and repayment terms.
|Type of Loan|
|Merchant Cash Advance|
|Business Term Loan|
|Small Business Startup Loan|
Other loan types offered by Fundera include Personal Loan for Business (up to $35,000 with 5.99% to 36% annual percentage interest rate) and Business Line of Credit ($10,000 to $1 million or more, with 7% to 25% interest rates). Invoice and Equipment Financing (up to 100% of invoice or equipment value with 8% to 30% interest rates) are also available.
Ready to get started with Fundera? Visit its website.
Top Fundera Alternatives
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Check out the list below of some of Fundera’s features:
- Small Business Administration loan
- Business term loan and line of credit
- Small business startup loan
- Invoice and equipment financing
- Merchant cash advance
- Personal loan for business
- Lending specialists
From where does Fundera gather the financial products that it offers to potential borrowers?
Fundera compiles offers from established lenders like PayPal, OnDeck, BlueVine, Chase, Funding Circle, the Bancorp, American Express, Celtic Bank, Headway Capital, Capital One, Fundation, QuarterSpot, Kabbage, Fundbox, The Business Backer, LendingClub, Live Oak Bank, and Credibility Capital.
What are the factors considered by Fundera’s lending partners for their loan offers?
Fundera’s partner lenders consider three essential information when making loan offers: the desired loan amount, the year that the borrower’s business was started, and its monthly revenue.