Details

Traditional Business Loan Terms Without The Rejection from Fundation

Fundation Group LLC uses its own capital to provide fixed rate small business loans up to $500,000. They are a technology-empowered direct lender and can help businesses that have been rejected by banks. They’re loan process simple and terms are structured to help businesses grow. Fundation is able to automate the loan and credit review processes by collecting third party information through its platform.

Additional Details

Cost
7.99% – 24.99% APR

Repayment Duration
1 – 4 years

Funding Amount
$50,000 – $500,000

Origination Fee
+1% – 3% origination

Funding Speed
Typically 2-5 days

Helpful Recommended Requirements To Know

Annual Revenue
$200,000 and above

Personal Credit Score
660 or higher

Profitability Ratio
May Apply

Months In Business
Minimum 24 months

Open Personal Tax Liens
No more than 1 open personal tax lien.

Open Personal Bankruptcy
No open bankruptcy on your personal credit report.

Available In Your State
Check with lender for availability

Pros

Longer repayment terms with lower rates. Fast, online application process.

Cons

Higher minimum. Higher business requirements.

Main Point:

Get the benefits of a bank loan with better terms.

Get the financing you need

Apply Now