FundSpring is a connection service operated by FundSpring LLC that helps qualifying small businesses and self-employed individuals request revenue-based merchant cash advances of $100 to $5,000, for commercial purposes only and not for personal, family or household use. A merchant cash advance is not a loan: it is the purchase of a portion of the business’s future receivables under a Revenue Purchase Agreement. What the business remits is a fixed cost, the purchase price times a factor, rather than interest, and it is never expressed as an annual percentage rate. Remittances are typically a share of daily or weekly receipts or fixed debits, and may vary with revenue.
FundSpring is not a funder, makes no funding decisions, sets no terms and is not a party to any Revenue Purchase Agreement executed between you and a third-party funder, and it disclaims liability arising from those third-party agreements. We pass the request you submit to funders in our network; each decides independently whether to contact you and on what terms. We do not guarantee that you will be matched, receive an offer or receive any particular amount or terms. Funders generally look for about 3 months in business, about $1,500 in monthly revenue and a business bank account. Any figure shown on this site is an illustrative example and not an offer or a quote.
Using this site is free, and checking your options is a soft inquiry that does not affect your credit score; a funder may verify the business and its owner with your consent. FundSpring may be compensated by a funder when a request results in a funded advance, which may affect which funders receive your request and in what order. FundSpring never asks you to pay a fee in advance in exchange for a promise of funding. Requests are not accepted from businesses in California and New York. This service is governed by the laws of the State of Ohio.