Reliant Funding: A Real Financing Option for Small Business Owners

Is reliant funding real?
Reliant Funding is an online alternative lender based in San Diego. Since 2008, Reliant Funding has focused on providing short-term working capital to small businesses across the country via merchant cash advances. The company has provided nearly $1.7 billion to more than 10,000 businesses since its inception.
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Small business entrepreneurs are constantly looking for finance sources that will enable them to develop and grow their companies. Reliant Funding is one such choice that has been gaining popularity. But whether this financing option is legitimate or just another con is the question that has to be answered. We will discuss Reliant Funding in this post and provide answers to some of the often asked questions about it, such as who owns the business, which lenders it uses, what credit score it uses, and which credit agency it pulls information from. Is Reliant Funding a real company?

For owners of small businesses, Reliant Funding is a reliable source of funding. Since its founding in 2008, it has funded thousands of companies all around the United States. The business has an A+ rating from the Better Business Bureau, and Forbes and Entrepreneur have both profiled it. Who Is Reliant Funding’s Owner?

Reliant Funding is a privately held business whose ownership is not made known to the general public. However, it is well known that the business employs a group of seasoned experts that have many years of expertise working in the banking sector. Reliant Funding uses which lenders?

In order to offer small businesses finance choices, Reliant Funding collaborates with a network of lenders rather than lending money directly. BlueVine, Fundbox, and OnDeck are just a few of the respectable lenders the business has collaborated with. What Credit Score Is Used by Reliant Funding?

When determining a company’s creditworthiness, Reliant Funding does not have a minimum credit score requirement and takes a number of other criteria into account. These variables include the company’s revenue, cash flow, and length of operation. However, having an excellent credit score can improve the likelihood of getting funds approved as well as result in better rates and terms. Which credit bureau does Reliant Funding pull information from?

Reliant Funding uses Experian, Equifax, and TransUnion among other credit bureaus to evaluate a company’s creditworthiness. The business doesn’t specify whose credit bureau it employs for each application, though.

Verdict

Reliant Funding is a reliable source of capital for proprietors of small companies, and it has aided the development of numerous enterprises. When determining a company’s creditworthiness, the corporation consults with a network of lenders and takes into account a number of variables. Although there is no minimum credit score requirement, having a strong credit score can boost the likelihood of gaining finance approval and can also result in better rates and conditions. In general, Reliant Funding is a good choice for entrepreneurs looking for financial solutions to help their expansion and growth.