To help SMEs operate during the COVID19 pandemic with loans from $5k – $350k, we have done the legwork.
We looked online for the number of customer reviews left from real & genuine customers, and factors like choice of loans, transparency, customer service, application process and timeliness.
Why we love Fundera: They had the best reviews (and highest number), the highest levels of transparency (options to choose from!). Fundera also had customer service had great marks for their application process and timeliness.
We loved that, in these troubled times, Fundera assist SMEs with good credit scores with fast funding to protect against decreasing revenues, cash flow issues, supplier payments and more.
$5000 – $350,000 within 24 hours
- A lump sum between $5,000 and $300,000 over a term of 3 to 36 months
- Apply in 10 minutes with minimal paperwork required (business financials required for over $150,000)
- Fast decision with funding possible in 24 hours
- No asset security required upfront
- Large choice of lenders means you get to choose the best rate
Early repayment discounts available
- Set repayments (daily or weekly) to work with your business cash flow
- Early repayment discounts available
- Check balance wherever and whenever on the Customer Portal
Great customer support
- A team of Business Lending Specialists available however suits you – phone, email, chat
- Business resource hub to help you stay informed
- Competitive rates tailored to the health of your business
- Transparent fees
LendingClub is an American peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. LendingClub is the world’s largest peer-to-peer lending platform. The company claims that $15.98 billion in loans had been originated through its platform up to December 31, 2015.
LendingClub enables borrowers to create unsecured personal loans between $1,000 and $40,000. The standard loan period is three years. Investors can search and browse the loan listings on LendingClub website and select loans that they want to invest in based on the information supplied about the borrower, amount of loan, loan grade, and loan purpose. Investors make money from interest. LendingClub makes money by charging borrowers an origination fee and investors a service fee.
LendingClub also makes traditional direct to consumer loans, including automobile refinance transactions, through WebBank, an FDIC-insured, state-chartered industrial bank that is headquartered in Salt Lake City Utah. The loans are not funded by investors but are assigned to other financial institutions.
LendingTree is one of America’s largest online lending marketplace. It connects borrowers with multiple lenders so they can find the best deals on loans, credit cards, deposit accounts, insurance and more. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Founded in 1996 and launched nationally two years later, the company is headquartered in Charlotte, North Carolina with offices in the San Francisco Bay Area, New York City, Chicago, Seattle and others.
LendingTree also provides financing tools, comparative loan searches and borrowing information.
Lendio, founded in 2011 by Brock Blake and Trent Miskin, is the largest small business loan marketplace in the U.S. Small business owners utilize Lendio’s free online service to find financing by browsing multiple loan products from a network of more than 75 lenders.
In October 2018, Lendio announced. it had serviced over $1B in total loans to small businesses across the country, generating an estimated $3.8B in gross economic output.
Lendio is a member of the Innovative Lending Platform Association, a trade organization that supports online lending and service companies assisting small businesses.
A Small Business Loan through Fundera is a lump sum of between $5,000 and $350,000 with fixed repayments that work with business cash flow. The application process is easy and funding is possible in 24 hours.
- A lump sum between $5,000 and $350,000 over a term of 3 to 24 months
- Apply in 10 minutes with minimal paperwork required (business financials required)
- Fast decision with funding possible in 24 hours
- No asset security required upfront to access up to $100,000
- Set repayments (daily or weekly) to work with your business cash flow
- Early repayment discounts available
- Check balance wherever and whenever on the Fundera Customer Portal
- A team of Business Lending Specialists available however suits you – phone, email, chat
- Business resource hub to help you stay informed
- Competitive rates tailored to the health of your business
- Transparent fees
Answer just a few questions about your business to see which lending products you qualify for. Fundera features leaders in every financial category, so you can rest assured that you’re accessing the best products on the market.
They’ll pair you with an experienced lending specialist who will reach out to get to know your business. Every business is unique. Fundera’s goal is to find you a product that’s perfectly tailored to your needs.
Fundera’s technology matches you with the products that you qualify for, and your lending specialist works on your behalf to find your best options. With advice from your Fundera specialist and a clear understanding of your options, you can confidently move forward with the lending product that best suits your business’s needs.
After you’re funded, you and your lending specialist will work through a plan to get you better lending products in the future. When that time comes, Fundera will be there to help you take the next steps.
- Pay staff or landlord
- Pay tax or Tax Payment lump sums
- Purchase equipment or tools
- A renovation or fit out
- Upgrade equipment or machinery
- Marketing campaigns or promotions
- Build a website
- Buy office or café furniture
They offer a range of finance solutions that provide fast access to funds and repayments tailored to your business cash flow. Their Small Business Lending Specialists will get to know your business and help you find the right finance solution for your needs to put you in control of your business now and in the future.
They offer a Business Line of Credit of $2,000 to $100,000 and Small Business Loans from $5,000 to $350,000 with no asset security required upfront. Whatever your business goals, they offer a range of finance solutions to help you achieve them – with a competitive interest rate.
Join the thousands of small businesses that have received business funds from Fundera. Simply submit your application online or call them. One of their friendly lending specialists will work with you to customise a proposal and answer your questions.
Once your application is approved, funding is possible in 24 hours. There is no cost to apply, no obligation to proceed and no hidden fees.
Whether it’s a business overdraft, equipment finance or cash flow support, they are passionate about helping small business owners access the money they need to maintain the momentum. Their founders were small business owners themselves and know the challenges of running a small business. We love that.
There is no cost to apply for their business loans or line of credit, so why not find out whether you qualify now? Click here and get started on your application today.
Unlike traditional lenders, Fundera understands small business owners need faster finance solutions – and options to choose from – so you can make decisions quickly and seize opportunities with total confidence.
Fernando Camacho
He is a crazy shopper, loves drinking in pubs and clubs, shopping trendy outlets online, grocery shopping to his door and catching Uber. Also dabbles in setting up online stores through eBay, Amazon marketplaces and has a marketing and commerce background.