About Fundera
Fundera: Your One-Stop Solution for Business Financing
Are you a small business owner looking for financing options to grow your business? Do you feel overwhelmed by the sheer number of lenders and loan products available in the market? If yes, then Fundera is here to help.
Fundera is an online marketplace that connects small business owners with multiple lenders. Founded in 2013, Fundera has helped thousands of businesses secure funding through its platform. The company's mission is to make it easy for small businesses to access financing options that are tailored to their unique needs.
What sets Fundera apart from other lending platforms is its commitment to transparency and customer service. Unlike traditional banks or other online lenders, Fundera doesn't charge any fees for using its platform. Moreover, the company's team of financial advisors works closely with each borrower to understand their specific needs and guide them through the application process.
Funding Options Available on Fundera
Fundera offers a wide range of financing options for small businesses, including:
1. Small Business Loans: These are traditional term loans that can be used for various purposes such as purchasing inventory, hiring employees or expanding your business.
2. SBA Loans: These loans are backed by the Small Business Administration (SBA) and offer lower interest rates and longer repayment terms than traditional loans.
3. Equipment Financing: This type of loan can be used specifically for purchasing equipment or machinery needed for your business operations.
4. Invoice Financing: If you have outstanding invoices from customers who haven't paid yet, invoice financing allows you to get cash upfront by selling those invoices at a discount.
5. Lines of Credit: A line of credit gives you access to funds whenever you need them without having to go through the application process every time.
6. Merchant Cash Advances: This type of funding allows businesses that accept credit card payments as payment method receive an advance on future sales revenue in exchange for a fee.
How Does Fundera Work?
Using Fundera's platform is simple and straightforward:
1) Create an account on fender.com
2) Fill out a short questionnaire about your business.
3) Get matched with multiple lenders based on your profile.
4) Compare offers from different lenders side-by-side.
5) Choose the best option that suits your needs.
6) Complete the lender's application process directly on their website.
Benefits Of Using Fundera
1) Saves Time And Effort - Instead of spending hours researching different lenders' websites individually, borrowers can use one platform (fender.com), which saves time and effort while providing more choices than they would have found otherwise.
2) Access To Multiple Lenders - By connecting borrowers with multiple lenders at once instead of just one lender like most banks do; borrowers have more chances at getting approved because they're not limited by just one lender’s criteria.
3) No Hidden Fees - Unlike some other lending platforms where hidden fees may apply; there are no hidden fees when using fender.com
4 ) Expert Advice - The financial advisors at fender.com work closely with each borrower throughout every step in order ensure they get what they need out-of-their loan experience
Conclusion
In conclusion,Fundara provides an excellent solution if you're looking into securing funding options tailored specifically towards growing your small business.Fundara provides transparency,customer service,and expert advice all while saving time & effort compared against researching individual bank websites.Fundara also offers many types offinancing options so there’s something available no matter what kind offinancial assistanceyou’re seeking.So why wait? Sign up today!