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How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Finance Factory Business Loan Review

Updated on:
Content was accurate at the time of publication.

  Estimated interest rate: Varies by product; 9.00% to 16.00% for startup business loans

  Best for: New business owners with a good personal credit score who aren't sure what type of funding product is best for them

ProsCons

  Multiple financing options available for newer businesses

  Fixed, low-interest rates for predictability

  No collateral or down payments required for startup or franchise loans

  May charge high fees and prepayment penalties

  Must have a good to excellent personal credit score

  Requires a minimum of $100,000 in personal annual income to qualify

As an online marketplace for small business loans and financing, Finance Factory helps connect entrepreneurs and well-established companies with a network of partner lenders to match a variety of business needs. Available finance options include startup business loans, business credit cards, franchise financing, commercial real estate loans and more. Loan products may change frequently as individual lenders revise their offerings. Note that some of their financing choices may come with high fees and prepayment penalties.

Who is the Finance Factory for?

  • You want to stick with a reputable company. Finance Factory reviews and ratings from actual customers are generally positive.
  • You need help deciding on the right solution. Finance Factory can help advise you on the best option for your business needs and act as a go-between for you and the actual lender in its network.
  • You want to stick with one company for all funding needs. Finance Factory offers a range of small business finance options, although you may pay a higher business loan interest rate than if you’re willing to shop around for a lower-cost lender.

ProductLoan amountsRepayment termEstimated rate rangeFees
Startup funding$25,000 to $350,00036 to 120 months9.00% to 16.00%4.50% to 9.90%
Business credit card$15,000 to $150,000Revolving0% for 18 months, then 14.99% to 28.99%4.50% to 9.90%
Franchise loan$25,000 to $500,000Up to 144 months9.00% to 16.00%Varies
Real estate loan$100,000 to $5,000,000Up to 360 months7.00% to 12.00%1.00% to 3.00% origination fee, plus $4,495 legal doc and processing fees

Startup business loans

If you’re a new business looking for startup business financing, Finance Factory offers unsecured business loans up to $350,000 with no business history, down payment or collateral required. You must, however, have a minimum credit score of 700 or higher and earn at least $100,000 in annual personal income with no plans to leave your current job. Fixed interest rates typically range from 9.00% to 16.00%, with financing fees going as high as 9.90%. If you decide to go with Finance Factory , you can receive dedicated customer support and additional small business resources to help your business grow to new levels.

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Business credit cards

With an introductory rate of 0% for 18 months, Finance Factory ’s business credit card can help new businesses cover essential startup business costs or daily operational expenses up to $150,000. If you’re diligent about paying off the debt before the interest kicks in, you can basically enjoy the benefits of an interest-free business loan. Finance Factory markets these credit cards to newer business owners looking for startup funding, although any business owner who meets the qualifications can apply.

Franchise loan

A franchise loan from Finance Factory can help startups and well-established businesses expand their companies to new locations — both local and nationwide. With fixed interest rates in the 9.00% to 16.00% range and terms lasting up to 144 months, you can access between $25,000 and $500,000 with zero upfront costs. Funds can cover a range of expenses, such as working capital, equipment, expansions, real estate and more.

Commercial real estate loans

If you’re looking for a retail, office, warehouse or industrial location, Finance Factory can provide up to $5,000,000 in commercial real estate loans and lines of credit through its in-house mortgage division, Evergreen Equity Partners. Options include long-term rental, fix-and-flip, bridge, debt-service coverage ratio (DSCR) loans, as well as investment and owner-occupied loans and refinances. Fixed rates typically fall in the 7.00% to 12.00% range, with a down payment of 20% or more required to secure commercial financing. You can review your rate and term options with no hard credit checks, upfront fees or obligation.

Finance Factory is quite open about what you’ll need in order to apply for a business loan. In general, its lending criteria are generally lower compared to many other lenders. For example, you may be able to get a business credit card or a real estate loan before opening your doors for business, although your chances of approval will likely improve if you can demonstrate your business’s ability to earn income.

Minimum annual revenue$100,000 personal annual income
Minimum time in businessNot required for most loans; 12 months for commercial real estate
Minimum credit score

  • Commercial real estate: 620

  • Startup and franchise loans: 700

  • Credit cards: 720

Required documents

Business financing requirements can vary based on the business loan type and the partner lender providing the funds. That said, you can expect to provide the following paperwork when applying for a Finance Factory loan:

  • Copies of your driver’s license
  • Recent business and personal tax returns
  • 30 days worth of paystubs

How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
Finance FactoryFora FinancialChase business loans
Minimum credit score

  • Commercial real estate: 620

  • Startup and franchise loans: 700

  • Credit cards: 720

570Not disclosed
Loan products offered
  • Startup business loan

  • Business credit card

  • Franchise loan

  • Commercial real estate loan


  • Small business loan

  • Revenue advance


  • Lines of credit

  • Term loans

  • SBA loans

  • Commercial real estate loans

Time to funding

  • As quick as three days for some programs, but typically 7 to 10 days on average for most funding

  • Up to 45 days for real estate loans

24 to 48 hoursNot disclosed
Starting rate

  • Startup: 9.00%

  • Credit card: 0% for 18 months, then 14.99%

  • Franchise: 9.00%

  • Real estate: 7.00%

Factor rate: 1.10Not disclosed
Maximum loan size$5,000,000$1,500,000$12,500,000
Minimum annual revenueBusiness income isn’t required; must have $100,000 or more in annual personal income$180,000Not disclosed

Finance Factory vs. Fora Financial

If you have credit challenges, Fora Financial may be even more forgiving than Finance Factory . The downside is that it only offers two financing options: term loans or revenue advances. The loans don’t operate like you might expect, either — you’ll make daily or weekly payments instead of monthly payments, as is typical. Fora Financial is also on the expensive side, with many fees rolled in and a strange factor rate that also applies to the loans, not just the cash advances. When you do the math, you’re looking at a rate range of 17.00% to 200.00% for Fora Financial‘s loans.

Finance Factory vs. Chase

If you’d rather stick with a more well-known lender that offers physical branch locations, there’s always Chase Bank. It’s the largest bank in the country, after all, and like most big banks it’s rather tight-lipped about its fees, rates and borrower qualifications. It is also a lender in its own right so if you check your options with Chase Bank, you’ll only receive financing offers from Chase itself, rather than a network of lenders, like with Finance Factory .