This free service makes it easy to find the right loan for your small business
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If you own or plan to own a small business, you probably already know that at one point or another you will likely need to borrow money. But with so many different loan options, it can be intimidating (not to say time consuming) trying to find the right one. That is why Fundera by Nerdwallet can be so useful for any entrepreneur in need of financing.
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With all of the different financing options available, a simple way to compare them all at once would be an invaluable time saver, especially for anyone working overtime to start their business. So you will be delighted to know that Fundera is exactly that, a one-stop-shop online where you can compare and apply for dozens of different loans at once.
here is how Fundera works. You start by completing a simple, one-stop online application. After answering a few short questions, Fundera will automatically determine which loan products your business is eligible for. And since only the best of each loan category are allowed to offer their financing in the Fundera Marketplace, you’ll know that you are only applying for loans that are worth your time and attention.
Expert advice on small business loans.
After you have completed your Fundera application, it is time for you to connect with your loan specialist. Fundera’s loan specialists are experts in the field of small business loans. They will work diligently to find the right financial arrangement for your own unique business.
While you focus on other aspects of your business, your Fundera Loan Specialist will seek to find the best loan available for you. Where other business owners need to purchase their own loans, Fundera automatically offers you a range of potential financing options, while your loan specialist works on your behalf to get the best.
After a short wait, the loan specialist will provide a list of the best multiple offers – not potential offers, but actual offers that you are already qualified for. They will explain the details of each to you, help you calculate the numbers and determine which one is best for your business. With the help of Fundera, you can make an informed decision about which offer you accept with the confidence that it is virtually tailor-made for your own specific business needs.
But receiving a good loan is not the end of your relationship with Fundera. Instead, your loan specialist will help you make a plan to get the most out of your new financing, and work towards even better terms when the time is right for you to get more. And of course, Fundera will be there when it happens, to help you through the process.
Fundera is a dream come true for any business owner dreading the prospect of sifting through the myriad of loan options available. And when you sign up for Fundera, you are using an online platform that is by your side. Not only is it free to compare your loan options, Fundera receives no incentive to recommend specific loans, which means their one and only priority is bringing you the best option.
To be clear: Fundera earns its money from the referral percentages paid by the loan provider once funding is obtained, which means real Fundera users never pay a dime for the invaluable services they provide. And Fundera’s only job is to give you the best loan advice without the pressure.
A variety of small business loans to meet your specific needs.
It’s easy to refer to Fundera as a lending marketplace, but “lending” doesn’t really capture the breadth of lending products available on the platform. With Fundera, you access the following loan products with just one quick and easy online request:
- Small Business Administration Loans
- Term loans
- Equipment financing
- Invoice financing
- Business line of credit
- Short term loan
- Merchant cash advance
- Start-up loans
- Business credit cards
- Personal loans
You can also be assured that the funding partners working through Fundera to find qualified borrowers are some of the biggest and best in the financial world, including major creditors like American Express, PayPal, and CapitalOne, as well as finance companies like Funding Circle, Fundation, and FundBox. Simply put, when you buy a loan product from Fundera, you are buying the best in the business, all in one place.