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Fundzio business cash advance review

Short-term advances for businesses that have struggled to qualify for a loan.

  • Best for customer-facing businesses with bad credit.
  • Pick something else if you don't have daily sales or deposits.
No reviews yet. Write a review


Loan Term3 to 12 months
RequirementsNot stated

How much will this advance cost me?

Fundzio charges a flat fee instead of interest, which you repay plus the advance with a percentage of daily deposits in your bank account or daily credit card sales. You can get an advance on 25% up to 150% of your average monthly credit card sales or bank account deposits with terms between three months and one year.

It doesn't disclose the range of fees it charges. But cash advances from businesses typically come with a fee that is 0.14 to 0.30 times your loan amount. In some cases, the fee can run as high as three times your loan amount. The short terms of these advances combined with the high fees can be equivalent to an APR of 300% — or higher.

How it works

Cash advances are almost exclusively based on your business's sales. This means your credit score and time in business generally won't affect your loan amount, terms or fees. The higher your monthly sales are — and the less nonsufficient funds fees there are — the more you can borrow and the lower the fee.

What do I need to qualify?

Fundzio doesn't list any requirements on its website. However, your business will need to receive either daily credit card transactions or daily bank account deposits to qualify for this type of financing.

What information do I need to apply?

Typically your business only needs to provide bank or credit card statements when applying for a Fundzio advance. You'll also need to provide basic information about your business and yourself.

What industries does Fundzio work with?

Fundzio works with a wide range of industries — even some industries that most lenders would consider to be high risk. It specifically lists the following types of businesses as eligible for a Fundzio advance on its website.

  • Restaurant chains
  • Auto repair shops
  • Construction companies
  • Liquor stores
  • Wholesalers
  • Supermarkets
  • Jewelry stores

Pros and cons

Fundzio business loans may be useful to some businesses, but it might not be right for yours.


  • Doesn't consider your credit
  • High-risk industries can qualify
  • Borrow up to 150% of monthly sales


  • Not transparent about costs
  • Application not fully available online
  • Loan terms as short as three months

See other top business loan options

Use the table below to see how Fundzio compares to other online lenders.

1 – 6 of 6

Name Product Filter Values Min. Amount Max. Amount APR Requirements

Lendio business loans
Finder Rating: 4.75 / 5: ★★★★★

Lendio business loans
Starting at 6%
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.

OnDeck short-term loans
Finder Rating: 4.6 / 5: ★★★★★

OnDeck short-term loans
29.9% to 99.9%
625+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.

ROK Financial business loans
Finder Rating: 4.7 / 5: ★★★★★

ROK Financial business loans
Starting at 6%
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.

Fundera business loans
Finder Rating: 4.9 / 5: ★★★★★

Fundera business loans
7% to 30%
$50,000+ of annual revenue, 620+ personal credit score, in business for 6+ months
Get connected with short-term funding, SBA loans, lines of credit and more.

Biz2Credit business loans
Finder Rating: 4.7 / 5: ★★★★★

Biz2Credit business loans
Starting at 6.50%
6+ months in business; $100,000+ annual revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.

Fora Financial business loans
Finder Rating: 4.1 / 5: ★★★★★

Fora Financial business loans
12+ months in business, $15,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $750,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.

Compare up to 4 providers

Is Fundzio legit?

Fundzio is a legitimate lender in that it has an easily accessible privacy policy and customer service line. But its privacy policy hasn't been updated since 2014. And while it uses SiteLock software to secure its website, we received an error message when we clicked on the icon at the bottom of the page in June 2020 — which could indicate that it isn't currently effective.

Fundzio reviews and complaints

BBB accredited No
BBB rating N/A
BBB customer reviews 2 out of 5 stars, based on 4 customer reviews
BBB customer complaints 7 customer complaints
Customer reviews verified as of 13 October 2020

Fundzio doesn't get many customer reviews, and the few that exist are mixed. A couple claim that Fundzio made unauthorized repayments or harassed them when they weren't able to make a repayment — which Fundzio denied. But several said the process was easy, especially if you struggle to find financing on your own.

Fundzio and Bitty Advance have the same owner

Fundzio and merchant cash advance company Bitty Advance are owned by the same company. Bitty Advance offers smaller advances of $2,500 to $10,000 with a turnaround as soon as the same business day. You can find out how it compares by reading our Bitty Advance review.

How do I apply?

You can get started on your application online or over the phone by calling 855-386-3946. To get started online:

  1. Go to the Fundzio website and click Apply now.
  2. Enter your business's contact information and hit Submit.
  3. Wait for a Fundzio representative to reach out to discuss your business's eligibility and get started on the application.

Typically, you'll be required to submit documents, such as your business's bank statements.

What happens after I apply?

After you sign the loan contract, Fundzio wires the funds directly to your business's bank account. You'll likely receive your money within 24 to 48 hours.

How do repayments work?

Fundzio automatically deducts a percentage of your daily bank deposits or daily credit card sales, depending on the type of advance you sign up for. If your sales take an unexpected dip and you think you won't pay off the advance by the end of your term, reach out to Fundzio to learn what your options are.

See how Fundzio compares to other lenders by visiting our guide to business loans.

Frequently asked questions

Review by

Anna Serio is a trusted lending expert and certified Commercial Loan Officer who's published more than 1,000 articles on Finder to help Americans strengthen their financial literacy. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Today, digital publications like Business Insider, CNBC and the Simple Dollar feature her professional commentary, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020.

Expert review

Fundzio offers two types of cash advances to small businesses: A merchant cash advance based on your business’s daily credit card sales and a business cash advance based on your business’s daily bank account deposits. It accepts all credit types and even some high-risk industries like auto repair shops and liquor stores.

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