What products do you offer?
Fund My Biz offers a diverse array of financial products to cater to the unique needs of businesses across various stages of development. Whether you're a budding entrepreneur looking to kickstart your venture or an established business seeking to expand, we provides quick and hassle-free access to capital.
Our commitment extends beyond mere financial transactions; we aim to foster enduring relationships built on trust and mutual success. By combining innovative financial solutions with personalized support and guidance, we stand ready to accompany you on your journey to prosperity. At Fund My Biz, we understand the challenges businesses face, and we're dedicated to providing the resources and expertise necessary to overcome them, ensuring your continued growth and resilience in an ever-evolving marketplace.
What are your rates and fees?
Your rate will be determined by the health of your business and cash flow. We apply an origination fee of 0–4% on your funding, and if you renew, you may be eligible for subsequent reductions. For lines of credit, there is a $20 monthly maintenance fee that is waived for the first six months if you withdraw $5,000 or more within one week of opening your line.
Is Fund My Biz a funding option that does not require collateral?
Fund My Biz funding options are not offered without any security. While we don't require a specific amount, type, or value of collateral, there is a general lien placed on the assets of the business to secure the funding. Additionally, the funding is backed by a personal guarantee, but we don't take personal assets of the guarantors as collateral.
How quickly can I receive funding from Fund My Biz?
Fund My Biz can deliver decisions in minutes and funding in as fast as 24 hours.
Is there any obligation if I apply?
No, if you apply for funding from Fund My Biz, there is no obligation to accept the funding offer. Your offer is valid for 30 days, at which time it expires.
