Fundera Reviews
Fundera Customer Reviews (3)
- Most recent
- Oldest
Fundera Customer’s Q&A
Fundera Features and Benefits
Fundera is a financial technology company that acts as a business funding matchmaker. It helps connect entrepreneurs with different business lenders. Here are some of its key features and benefits:
-
Wide Range of Loan Options: Fundera offers a variety of loan options to meet different business needs. These include Term Loans, SBA Loans, Equipment Financing, Invoice Financing, Business Line Of Credit, Short-Term Loans, Merchant Cash Advance, Startup Loans, Business Credit Cards, and Personal Loans.
-
Simplified Funding Process: Part of Fundera’s approach is simplifying the funding process by providing a lending marketplace where companies can find suitable small business loans.
-
Free Service: The service provided by Fundera itself is completely free. The platform makes money by receiving a percentage from the financial provider once the user is funded.
-
Funding Advisor: Fundera provides a Funding Advisor to help users understand their options and find the best product for their needs.
-
Transparent Financing Options: Fundera's mission is to provide accessible and transparent financing options to help small businesses grow and thrive.
These features make Fundera a go-to financial resource for every small business, helping them face their challenges, achieve their financial goals, and grow businesses as big as their aspirations.
Fundera Pricing
Fundera is a marketplace for small business financial solutions. It offers a variety of lending products including SBA Loans, Term Loans, Equipment Financing, Invoice Financing, Business Line Of Credit, Short-Term Loans, Merchant Cash Advance, Startup Loans, Business Credit Cards, and Personal Loans.
The service provided by Fundera itself is completely free. The platform makes money by receiving a percentage from the financial provider once the user is funded. This means users will never have to pay Fundera directly.
However, the various lenders that Fundera connects users with will charge their own fees depending on their terms. Some fees to watch out for are early repayment penalties and factor fees. It's important to note that these fees are not charged by Fundera, but by the individual lenders.
Fundera's goal is to help small business owners make better financial decisions. The platform allows users to compare dozens of financial options at once, and provides a Funding Advisor to help users understand their options and find the best product for their needs. It's a great resource for discovering all the financial options available for a business.
Remember, it's always important to carefully review the terms and conditions of any financial product before making a decision.
Payment Method
Fundera.com is a marketplace for small business financial solutions. It does not directly charge users for its services. Instead, the lender pays a fee to Fundera, usually 2%-5% of the loan amount, when it closes and funds a loan. If a user doesn’t get matched to a lender or doesn’t accept a loan offer, Fundera doesn’t get paid. The fee Fundera receives is similar to a broker fee. This makes it easy, free, and it won't affect your credit. It's important to note that these terms are subject to change and users are advised to review them regularly. For any questions about the terms and conditions in these Terms of Service or Fundera’s Privacy Policy, users can contact them at support@fundera.com.
Fundera FAQs
Fundera Alternatives
Here are the top 10 alternatives to Fundera.com:
These platforms offer similar services and could be considered when looking for alternatives to Fundera. Each has its own unique features and benefits, so it's important to research and choose the one that best fits the needs.
How To Open A Fundera Account?
To open an account on Fundera.com, follow these steps:
- Select Get Started on Fundera’s website.
- Fill out a simple application by answering a few questions about the business to see which lending products qualify.
- Connect with a Funding Advisor. An experienced Funding Advisor will reach out to get to know the business.
- Sit back while the options are shopped. The technology matches with the products that qualify for, and the Funding Advisor works on behalf to find the best options.
- Compare multiple offers together. The Funding Advisor will walk through the details of the offers, help compare the offers, crunch the numbers, and find the absolute best product.
- Choose the best-fit lending product. With advice from the Funding Advisor and a clear understanding of the options, confidently move forward with the lending product that best suits the business’s needs.
- Graduate to better options as the business grows. After being funded, work through a plan with the Funding Advisor to get better lending products in the future.
Remember, it's free to compare the options and Fundera gets a percentage from the financial provider once funded. The best interest is always considered and there is no incentive to work with certain financial providers over others. The goal is to offer pressure-free advice to help find the best-fit lending product.
Fundera Return Policy?
Fundera.com, a marketplace for small business financial solutions, has a clear Terms of Service. Users can cancel their agreement with Fundera for any reason. This can be done by emailing Support@Fundera.com or by delivering written notice to Fundera at their physical address. There is no fee charged by Fundera for their service. Please note that these terms are subject to change and users are advised to review them regularly. If users do not agree with any amendment, they should stop using the site and service. For any questions about the terms and conditions in these Terms of Service or Fundera’s Privacy Policy, users can contact them at support@fundera.com.