Is Fundation a direct funder or a broker?

Fundation is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.

What's the minimum revenue Fundation will fund?

Fundation's published floor is $8,000+ in average monthly revenue, with 24 months minimum time in business. Credit score floor is 660+. These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.

How fast can Fundation fund?

Fundation's public speed quote is Funding in 1 – 3 business days. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.

Should I go directly to Fundation or through a broker?

Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Fundation, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.

Fundation Review 2026 — Rates, Terms, Honest Verdict

Best for: Mid-market term loans + LOC for established merchants. Amount range: $20,000 – $500,000. Speed: Funding in 1 – 3 business days. Below: the rate card, the watch-out, alternatives we'd compare against, and the honest verdict.

TL;DR

Fundation ranks #72 in our 2026 funder ranking. Best for established merchants (24+ months, 660+ credit) wanting apr-transparent term loans or loc at bank-partner pricing rather than mca factor pricing. The strength: Bank-partner term loans + LOC at competitive APR — typically below MCA equivalents. The watch-out: Higher credit + TIB requirements exclude newer or distressed merchants.

Fundation rate card 2026

Category	Term + LOC
Best for	Mid-market term loans + LOC for established merchants
Amount range	$20,000 – $500,000
Cost (factor / APR)	APR 7.99% – 28.99% (term loan); LOC APR varies
Speed to fund	Funding in 1 – 3 business days
Min time in business	24 months
Min monthly revenue	$8,000+
Min credit score	660+

The strength — what Fundation does better than anyone

Bank-partner term loans + LOC at competitive APR — typically below MCA equivalents. Partners with banks (Comerica, Regions, others) to offer SMB lending through bank distribution. APR-transparent.

The watch-out — what Fundation doesn't put in marketing

Higher credit + TIB requirements exclude newer or distressed merchants. Bank-partner model means application may be passed to multiple underwriters. Less brand recognition than direct online lenders.

Who Fundation is best for

Established merchants (24+ months, 660+ credit) wanting APR-transparent term loans or LOC at bank-partner pricing rather than MCA factor pricing.

Who shouldn't apply

Merchants with less than 24 months in business will get an automatic decline — try Accord (3 months) or Greenbox (6 months) instead. Established multi-location operators may get better terms at OnDeck or NewCo Capital Group. As with any MCA decision, the cheapest money is the money you don't borrow — start with the calculator at /calculator to see if the deal you'd take from Fundation actually makes sense.

How Fundation compares to the rest of the top 10

Funder	Category	Cost	Speed
Fundation (this funder)	Term + LOC	APR 7.99% – 28.99% (term loan); LOC APR varies	Funding in 1 – 3 business days
Credibly	MCA + multi-product	Factor 1.11+ (MCA); APR varies for term + LOC	As fast as 4 hours
Greenbox Capital	Multi-product	Factor varies; published up to 19% ISO commission	24 – 48 hours
Accord Business Funding	MCA specialty	Factor varies by paper grade (often 1.40+)	Next-day for approved files
Bluevine	LOC	APR 6.2% – 27%	1 – 3 business days
OnDeck	Term + LOC	Term APR 27%+; LOC APR 30%+	Same-day for approved files

What to ask Fundation before signing

"What's the APR-equivalent on this deal?" A funder who can't or won't quote it has something to hide. Required disclosure in five states as of 2026.
"Is there a prepayment discount?" Some funders charge the full factor regardless of payoff speed. Get the discount in writing before you sign.
"What's the reconciliation policy if my revenue drops?" The best funders adjust the daily ACH downward when deposits drop. Many won't. Ask in writing.
"Will you stack on top of an existing position?" Stacking is one of the top reasons MCA merchants default. If a funder accepts second/third position freely, that's a yellow flag for the merchant.

Frequently asked questions

Is Fundation a direct funder or a broker?: Fundation is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.
What's the minimum revenue Fundation will fund?: Fundation's published floor is $8,000+ in average monthly revenue, with 24 months minimum time in business. Credit score floor is 660+. These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.
How fast can Fundation fund?: Fundation's public speed quote is Funding in 1 – 3 business days. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.
Should I go directly to Fundation or through a broker?: Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Fundation, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.
What's Fundation's biggest weakness vs alternatives?: Higher credit + TIB requirements exclude newer or distressed merchants. Bank-partner model means application may be passed to multiple underwriters. Less brand recognition than direct online lenders.

Fundation — honest 2026 review.