Major Clients:
Confidential
Revenue:
$10 million - $50 million
Year Founded:
2011
Pricing:
M
Fulltime Employees:
100 - 250
Active Clients:
57
Client Retention Rate:
91%
Social:

Major Clients:
Confidential
Year Founded:
2011
Fulltime Employees:
100 - 250
Active Clients:
57
Client Retention Rate:
91%
Revenue:
$10 million - $50 million
Pricing:
M
Secondary Services:
Social:

About - Fundation Group, LLC

Barry Feierstein, Chief Operating Officer

Jacek Paciorek, CEO

9 East 37th Street, 2nd Floor | New York, New York, 10016

Fundation is a business lender that offersinstallment loansand lines of credit to qualified borrowers.

The company was founded in 2011 and has quickly become one of the top funders in the alternative lending space, for good reason: the terms and fees are just about the best you can get outside of a bank or credit union, and the time from application to funding beats out banks by weeks (if not months). On top of that, Fundation’s advertising is transparent, their customer service is fantastic, and there are virtually no negative reviews of the company to be found on the web.

In other words, if you don’t qualify for a bank loan, or you don’t want to spend the time applying for one, Fundation may be the next best thing. That said, some small businesseswon’t meet the lender’s qualifications: you have to have been in business at least one year, have at least three full-time employees, make a minimum of $100,000 per year, and have a credit score of 660 or above.

Not to worry: if you don’t meet those qualifications, there are other reputable lenders that might work. However, if you’re close to meeting the qualifications, you may still want to apply;

Fundation will tell you what you need to do to meet the qualifications and help you consider other financing options. Read on for the full review or check out some of our other favorite lenders. Visit Fundation

Fundation Group, LLC Reviews

Helpful (0)

Jerome Hesse

1 contributions
0 helpful votes

Negative Review

June 18, 2019

Reviewed on Jun 18, 2019

Overall Feedback:

The company that I am VP of has had an account there for 2 years. We paid our balance off back in Nov. 2018 which was about 75G. Customer service sends me an email on April 30th asking for 3 months worth of statements so they can review them also notifies me that we are not able to use our account till they review. So I send them over right away and in this account statements we have kept a monthly balance of 30G also we have never missed any payments any where so our credit is super. I did not hear from them. I figured everything was fine but I called them a month later. They said that they would have someone contact me. Nothing! I just called today June 4th to find out that our account was closed. They stated that they sent an email to me on May 9th saying our account was canceled. Um did not get that. nor a call on why or questions before hand of any problems that they have. I ended up talking to a supervisor M.C. which said that they are sorry for that mistake but that the account has been closed out and that we can reapply. So now I am sure that their is a big hit on the credit of our company for we had 95G of open credit. This is very unprofessional if there was any problems wouldn't it be proper to contact the business about any problems before improperly closing the account? before deciding to go with this company please consider what kind of partner you really what to do business with for this has in some why hurt our credit.

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