Fundation: Conventional Lines of Credit

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Fundation Small Business Credit Line


Rates, Terms and Fees

Borrow up to $75,000

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

Repayment Term
New balance after each draw is amortized in equal installments over 18 months

Payment Frequency
Once per month

$500 Closing Fee

2.00% Draw Fee deducted from each draw

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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