Funderial Small Business Loans: 2023 Review
Funderial offers short-term loans as a direct lender or through its marketplace of 40 partners. Check out our Imperial Advance business loans review to see if it's right for you.
Business owners take control of their lending experience by asking questions. Don’t hesitate to ask about conventional and alternative loans, how repayments work and all the details about any fees you’ll pay.
— Sarah George
Sarah George is a freelance writer who loves helping small business owners understand the complexities of getting a business loan. She believes that effective financial and debt management opens doors for small businesses to thrive in a changing economy.
Over the last four years, Sarah has written hundreds of articles about banking, insurance and general finance. While writing in these spaces, she made it her goal to point out privacy concerns and protections for banking products aimed at children. She also loved highlighting the nuances of insurance coverage so that the average consumer could understand what circumstances qualified for an insurance claim.
Sarah has been featured in various publications, including CBS, CNET, Nasdaq and Finder. She holds an English Education degree from Pensacola Christian College and is a Certified Educator in Personal Finance. In her downtime, Sarah enjoys hiking, disc golf and playing board games with friends and family.
A business loan is an essential tool for growth or covering cash flow gaps. There’s no one-size-fits-all option, and some types of loans can be used for the same purpose as another. Business term loans can be used to expand, buy equipment or nearly any other defined purpose. Business lines of credit are great for recurring needs like everyday expenses, and they tend to have loose requirements to qualify. But bad credit borrowers have options too, as long as they find the right lender and show they can repay the loan.
Business owners take control of their lending experience by asking questions. Don’t hesitate to ask about conventional and alternative loans, how repayments work and all the details about any fees you’ll pay.
— Sarah George
Funderial offers short-term loans as a direct lender or through its marketplace of 40 partners. Check out our Imperial Advance business loans review to see if it's right for you.
The average business loan interest rates vary by loan type and lender.
It’s possible to get a startup business loan if you research lenders and know how much funding you need.
If you’re looking for a term loan or line of credit, an online lender like OnDeck or Fundbox could be a good fit.
Find out when you need hazard insurance and which SBA business loans require them.
See the current interest rates for different types of unsecured business loans and the factors that affect those rates.
Small business loans of $5,000 or less can provide a much-needed boost to entrepreneurs with limited resources.
Working capital loans can help cover a variety of short-term business needs. Check out our guide on the best working capital loans to learn more.