Best overall for startup funding, Finance Factory can get you funded with no business history or established revenue as long as you have just one of the three Cs: credit, cash flow, or collateral.

If your startup doesn’t yet have cashflow or collateral, Finance Factory may still get you financed if you have a personal credit score in the high 600s. Add to that a streamlined application process with a personal contact, a free funding range report, and quick funding, and Finance Factory ranks as our best overall for startup business loans. 

Founded in 2006, Finance Factory has been providing competitive business lending services through its online marketplace model. The company matches small businesses with lenders in all 50 states providing loans for all stages of growth.

Startup funding ranges: 

• Loan amounts: $5,000 to $350,000
• Loan terms: zero to seven years
• Interest rates: 0% (for up to 21 months) to 15%
• Fees: 4.50% to 9.90%
• Process time: seven to 10 days on average

Startup funding from Finance Factory will take the form of business credit cards, personal loans, and lines of credit. In most cases, there will be no prepayment penalties, but since loans are tailored to your specific circumstances, this is a question you should verify when you receive approval.  

For startup funding products, the company requires a credit score above 600, with an ideal score of at least 680. There are no annual revenue and time in business requirements. However, the company will look for a minimum account balance of $1,000 to $5,000 to cover your payments.

If you or your business has any reported collections, judgments, liens, late payments, or public records, you most likely will be disqualified.

The company has 4.6 out of five stars from LendingTree with excellent ratings specifically for their interest rates, fees, closing costs, responsiveness, and customer service.

Working with Finance Factory allows customers to explore several financing options in one place as their business grows, offering advantages to businesses with no history.

The best startup solution for e-commerce goes to a FinTech (financial technology) company called Become.co. Its LendingScore tool is a tailored dashboard that connects to your e-commerce platform and helps improve your fundability.

Become.co’s proprietary data-driven tool, LendingScore, connects your online store to your marketing platforms, and creates a dashboard of your metrics so you can see how lenders see you. This special integration to your online store and marketing channels is what makes Become.co a standout winner for e-commerce businesses that need a startup loan. 

Become.co is a loan marketplace headquartered in San Mateo, California. The company uses bank-level encryption for data security to protect borrowers’ and lenders’ information.  With a single borrower application, it connects you to multiple loan offers from lenders in its platform that cover all 50 states.