4 Financing Rights of Every Small Business Owner

We bet you value your financial independence — and that shouldn’t change just because you’re looking for additional funding to grow your business.

It’s faster and easier than ever before to find funding, but not all small business lenders are created equal. At Funding Circle, we put transparency and fairness at the center of our lending process — so throw those high-interest, confusing offers overboard!

Here are the fundamental financing rights that we believe all small businesses deserve:

1. You have a right to know the true cost of your loan

A good lender will always be willing to help you calculate an Annual Percentage Rate (APR), so that you can compare the true cost of your loan options. We offer upfront, competitive, fixed rates, and only ask for a one-time origination fee of 3.49% to 6.99%. That’s it! No factoring, no daily debits from your credit card sales, and absolutely no hidden costs or fees.

2. You have a right to early repayment

Merchant cash advance and other short-term financing lenders have a reputation for charging hefty fees to borrowers who pay off their loan early. We think that’s a penalization without fair representation—so don’t worry about prepayment charges from us. Unlike banks and other lenders, we always happy to share an amortization schedule so you know your payment schedule ahead of time.

3. You have a right to fair and equal treatment

We believe that the pursuit of affordable funding shouldn’t depend on your gender, race, where you’re from, or who you golf with. Our objective, online application helps us make decisions based upon your business’s financials and potential— end of story. Learn more about why peer-to-peer lending is great for women entrepreneurs.

4. You have a right to responsible underwriting

Unlike the words to “The Midnight Ride of Paul Revere,” the subprime financial crisis of 2008 is a history lesson that we haven’t forgotten. That’s why we match you with a personal loan specialist to answer your questions in plain English terms, so you can make the best decision for your business. We work together to size your financing to meet your needs, not ours.

If you’ve been led astray by a lender in the past, we can help liberate your business from high-interest rates! Learn more about refinancing your debt with a lower-rate business term loan here.

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