Fundera is a growing marketplace for alternative business loans. The platform offers access to a wide variety of business lenders. But it also might not be able to match you with the best loan for you. If you’re looking for the best possible rates, Fundera might be lacking. Higher APRs and revenue requirements may send you looking for Fundera competitors.
What Does Fundera Offer?
| Lender | Minimum Revenue | Time In Business | Minimum Credit | Next Steps |
|---|---|---|---|---|
 |
$10,000/mo | 6 mo. | 600+ | See if you qualify |
Fundera offers access to many different lenders on a transparent and effective platform. The company doesn’t originate any of its own loans. Instead, it just prequalifies potential business borrowers and connects them with lenders who are likely to give them a loan.
Essentially, Fundera just does most of the homework that business borrowers have to do on their own. Fundera only partners with a few business lenders. The partners they choose are well-vetted and reputable. Overall, they take a qualitative approach to business lending instead of just working with as many lenders as they can.
Fundera is set apart from its competitors in one main way. The platform seeks to build longer-term relationships with its users. This fact is reflected in how they get most of their business from existing customers. They also rely on building these long-term relationships. This personal approach has led to their increasing popularity. If you go with Fundera, you have access to a lot of resources and some support. They can only match you with the right lender and let you make your decision. But their customer service has a strong reputation for being helpful and not pushy.
What’s Wrong With Fundera?
Fundera is good at what it does, but there are some limitations to the platform. While some Fundera competitors offer similar services, they’ll usually work with a wider range of lenders. They are often also able to provide better rates. It’s hard to say which business lending marketplace is best. Most of them offer similar services and often work with some of the same partner lenders. But each business lending marketplace offers something different.
If you’ve already tried Fundera and weren’t satisfied with what you found, you can still use lending marketplaces. The only thing to remember is that these platforms will each work with their own set of lenders. That means they will also host the same range of business loan offers.
The Top Fundera Competitors
If you are looking for a business loan, you can also try these Fundera competitors.
SuperMoney
| Lender | Minimum Revenue | Time In Business | Minimum Credit | Next Steps |
|---|---|---|---|---|
 |
$10,000/mo | 3 months | n/a | See if you qualify |
SuperMoney works with a range of business lenders. Their partners include some of the more well-known alternative lenders including Kabbage and OnDeck.
SuperMoney offers the normal range of business loan types available on its platform. You can get SBA loans with the best rates and terms. But you can also find a host of cash advances and fast business loans through them.
The main downside to SuperMoney is that it has the same revenue requirements as Fundera, just annualized. Each requires you to make $10,000 per month to qualify for their loans.
Become
 | Become Loan amount: $5K - $5M
|
Become is another business loan marketplace. They offer the same range of loans using a network in both the US and Australia. But they are also known for their speed. Become can get you matched with a loan in less than 24 hours in some cases. In any case, you can expect them to be fast.
Become has the same minimum revenue requirements as Fundera and SuperMoney. But they don’t have a minimum credit score requirement. If you need a bad credit business loan, they likely have a few choices for you. But they also offer SBA loans for more qualified borrowers.
