Finance Factory Review: Good Option for Small Biz & Startups
Finance Factory business loans isn't available on Finder right now.
- Min. Amount
- $5,000
- Max. Amount
- $5,000,000
- APR
- Varies by loan type
Our verdict
A business loan marketplace offering startup-friendly funding with loans up to $5 million.
Finance Factory is a loan matching service that helps small businesses find funding through its partner lenders. It offers various types of loans in amounts from $5,000 to $5 million. Requirements vary by loan type, but with so many options available, most businesses can find funding that meets their needs — even if they’re a startup or have a low credit score.
Best for: Small business owners who want access to multiple loan options through one application.
Pros
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Many types of funding to choose from
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Wide loan amount range, from $5,000 to $5 million
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Prequalify with a soft credit check
Cons
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Not a direct lender
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Some loan products not available in all states
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Good credit required for some loan types
Is Finance Factory legit?
Yes, Finance Factory is a legitimate business loan marketplace. Founded in 2006, the company has helped small business owners secure more than $6 billion in funding since its inception.
Finance Factory is accredited by the Better Business Bureau (BBB) with an A+ rating and has a 4.9-star rating on Trustpilot. Its website uses industry-standard encryption and secure servers to protect user data during the application process.
What makes Finance Factory shine?
The company provides more than 10 types of financing in amounts from $5,000 to $5 million, which makes it easy for businesses to find funding that meets their needs. There are even options available to people with less-than-stellar credit. And unlike most lenders, Finance Factory offers funding to startups with no minimum time in business or annual revenue requirements.
The company also stands out for its excellent reputation. It’s accredited by the BBB with an A+ rating and has earned a 4.9 rating (out of five stars) on Trustpilot from past customers.
The application process is fairly straightforward, and it allows you to prequalify for offers with just a soft credit pull that won’t harm your credit. You’ll need to speak to a lending advisor to complete the application, but they have a reputation for being patient, knowledgeable and professional.
Where Finance Factory falls short
Finance Factory has a lot to offer, but it may not be a perfect fit for everyone. Most loans require a credit score in the 600s and 700s, and the lowest requirement is 550, which is only available on merchant cash advances. If your credit score is lower than 550, you might need to try another loan marketplace like Lendio to find funding. It only requires a credit score of 500 to qualify.
Another potential issue is that Finance Factory is not a direct lender. While the company can certainly help you find a loan, you’ll have to work directly with your lender once the papers are signed. Those who would prefer to work with a direct lender should give Fundible a shot instead.
And even though $5 million would be plenty for most small businesses, some larger companies might find that cap restrictive. If you need to borrow more than the maximum $5 million allowed by Finance Factory, Lendzi would probably be a better fit. It offers funding up to $20 million.
Finance Factory loan details
| Loan amount | $5,000 to $5,000,000 |
| Terms | Up to 30 years |
| APR | Varies by loan type |
| Turnaround | As little as 48 hours |
| Minimum credit score | 550 |
| Other requirements | Be 18+ years old Be a US citizen or permanent resident Time in business and annual revenue requirements vary by loan type |
| Fees | Origination fee up to 12% may apply |
| Availability | Available in all states |
Finance Factory contact information
| Phone number | 800-691-6727 |
| Customer service hours | Weekdays: 9 a.m. to 5 p.m. ET |
| Connect@FinanceFactory.com | |
| @TheFinanceFactory | |
How to qualify for Finance Factory
General eligibility guidelines for Finance Factory include:
- Be 18 years of age or older
- Be a US citizen or permanent resident
- Have a valid government-issued ID
- Have a credit score of at least 550
- Show proof of ability to repay
Keep in mind that credit score, time in business and revenue requirements vary depending on the type of loan you’re applying for. Contact a Finance Factory loan advisor to find the best match.
How to apply
Applying with Finance Factory starts online, but you need to speak with a lending advisor to complete the process. Here’s what to expect:
- Complete the online prequalification form. Start by entering basic information about yourself, your business and your funding needs. This step uses a soft credit check and won’t affect your score.
- Speak with a funding advisor. After submitting the form, a representative contacts you to review your application and potential options.
- Submit documentation. If you move forward, you’ll need to provide documents like bank statements, ID and possibly proof of income or business revenue.
- Review and accept your offer. Once matched with a lender, review the terms carefully and choose the loan that fits best. Funding arrives within 48 hours to 10 business days, depending on the loan type.
How Finance Factory compares to other lenders
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How we picked theseWhat is the Finder Score?
The Finder Score crunches 12+ types of business loans across 35+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best business loans for startups loans, you can see how each business loan stacks up against other business loans with the same borrower type, rate type and repayment type.
Finance Factory reviews and complaints
| BBB accredited | Yes |
|---|---|
| BBB rating | A+ |
| BBB customer complaints | 1 customer complaints |
| Trustpilot Score | 4.9 out of 5 stars, based on 250 customer reviews |
| Customer reviews verified as of | 19 November 2025 |
Reviews of Finance Factory online are overwhelmingly positive. On Trustpilot, 92% of past customers give the company a five-star rating, with another 5% giving it four stars. Happy customers report that the company is easy to work with and say the process is simple and straightforward from start to finish.
Many users also comment on the patient and knowledgeable customer service agents. Other positive remarks include the speed of financing, level of professionalism and the ability to get funding with Finance Factory when they couldn’t elsewhere. Negative reviews were given for a high origination fee, being denied a loan and an increase in APR.
What do people on Reddit say?
Frequently asked questions
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Christi Finder
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