Fundation: Conventional Term Loans

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Fundation Small Business Term Loan

Rates, Terms and Fees

Borrow $20,000 to $500,000

7.99% to 29.99% APR
Annual Percentage Rates inclusive of origination and draw fees

Repayment Term
1 to 4 years

Payment Frequency
Twice per month

Up to 5.00% origination fee
Deducted from your net proceeds

Prepayment Fees
No prepayment penalties — simply pay the outstanding balance plus accrued interest if you prepay your loan

View Rates and Fees
Benefits and Overview
  • Products with customer-friendly features like no prepayment penalties, low upfront fees, and competitive pricing
  • Award-winning* customer service featuring a revolutionary online application and dedicated customer relationship management.
  • Because Fundation uses their own capital, their interests are aligned with those of their borrowers.
  • Collateral

    No specific collateral required, personal guarantee, UCC-1 on business assets (a “blanket lien”) for most borrowers.

  • Minimum Eligibility

    At least 1 year in business and at least 3 employees, at least $100,000 of annual revenue, good personal credit.

*Business News Daily, January 2017, May 2016, October 2015, Best Alternative Lender for Working Capital Loans

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on Fundation's website

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