Fundation is a direct online business lender that operates in all 50 states. Their process just requires an online, 10-minute application to apply. The company has been business since 2011, it provides low-interest loans.

Fundation is small to a mid-sized lender that utilizes technology to expedite the lending process. The company is a direct lender, which means they lend their own money.

  • Products: A range of small business loan products with fixed and simple interest rates are available. The types of loans include short-term business, bridge, expansion and acquisition, working capital, alternative, commercial, inventory, refinancing, and cash-flow loans.
  • Interest rates: The interest rates are risk-based and determined based upon estimated credit risk of the borrower. Including origination and closing fees, the annual percentage interest rates range from 7.99 percent to 29.99 percent as of April 2016. There are no prepayment fees.
  • Service: There are a 10-minute application process and access to a dedicated customer relationship manager. Online live chat is also available.
  • Borrower qualifications: Minimum qualifications include two years in business, three employees and $100,000 in annual revenue. Good personal credit is required.
  • Fast approval process: After loan documents are signed the loan is eligible for approval.
  • Loan limits: General lending parameters range from $20,000 to $500,000. One million is available to qualified businesses.
  • Repayment options: Repayment terms vary based upon loan. For most loans, the repayment period is one to four years. There are shorter term options for working capital, inventory turns and immediate cash flow needs. For business growth and expansion loans, longer terms are available. Payments are due twice per month.
  • Special features: Refinancing is available after nine months. Transparent and easily accessible website and online customer chat feature.
  • Best for: Small and mid-sized businesses seeking fixed-rate funding with high lending amounts.


11501 Sunset Hills Road, Suite 100 Reston, VA 20190
11501 Sunset Hills Road, Suite 100 Reston, VA 20190
{{ reviewsOverall }} / 5 Users (0 votes)
What people say... Login to rate
Order by:

Be the first to leave a review.

User AvatarUser Avatar
{{{ review.rating_title }}}
{{{review.rating_comment | nl2br}}}

Show more
{{ pageNumber+1 }}