Lending > Best Lending Platform
Founded in 2013 by GroupMe creator Jared Hecht, Fundera is an online marketplace for small business financial solutions. With Fundera’s proprietary technology, small business owners can apply for financial products from more than 30 providers—including American Express, Chase, and more—with one easy application. Fundera offers guidance for small businesses to secure solutions for any of their financing needs, assigning a dedicated specialist to every customer to help them navigate their options, from credit cards to SBA loans.
Fundera exists to help small business owners make smarter decisions. The firm entered the marketplace to aid small businesses through their financing options as the industry has increasingly shifted towards alternative lending. Fundera recognized both the setbacks of traditional loan options, and the innovation of alternative lending, and built a platform to specifically model the direction in which small business financing practices are heading. As of 2019, Fundera has helped over 40,000 small business owners find the best financial solutions for their business, and facilitated nearly $1.5B in funding. Eighty-four percent of its Trustpilot reviews are “excellent,” with another 10% as “good,” showing the value Fundera is delivering to businesses through its lending platform is working.
Fundera’s business model is also working. The company is witnessing explosive growth as validated by its presence on the 2018 Deloitte Technology Fast 500, the 2018 and 2019 Inc. 5000, and the 2019 Entrepreneur 360 list—all listings that celebrate business growth through revenue verification over set periods of time. In 2019, Fundera achieved profitability, which is an incredible feat for a startup that has only taken on $25M in equity financing. Further, Fundera grew from $8.8 million in revenue in 2017 to $15.6 million in 2018, a 77% increase, and is on track for continued performance throughout the end of 2019.
To learn more, please visit www.fundera.com.