Are you having difficulty finding funding options for your business? Or maybe you’ve tried applying for loans with traditional banks and credit unions but haven’t had much luck. Fund&Grow could be a viable financing alternative. It offers an innovative way to access the low-risk capital you need to grow and scale your business.
What is Fund&Grow?
Established in 2007 by CEO Ari Page, Fund&Grow specializes in helping small business owners, real estate investors, and other entrepreneurs nationwide obtain up to $250,000 in unsecured funding. The platform uses the credit card stacking method to serve its clients.
To date, Fund&Grow has helped over 29,000 businesses secure more than $1.3 billion in growth capital. It also holds an A+ rating from the Better Business Bureau and boasts over 4,000 verified reviews with an average rating of 4.9 out of 5 stars.
What Makes Fund&Grow Unique?
Fund&Grow has a team of over 65 individuals who pride themselves on helping small business owners nationwide secure safe, affordable funding. Services are offered through a 12-month done-for-you funding membership that gets you unsecured business credit that doesn’t appear on your credit profile. So, you won’t have to concern yourself with putting up security deposits or other collateral, relinquishing business equity, paying a fortune in interest or damaging your personal credit rating.
Fund&Grow: Business Card Stacking
When you sign up for the membership option, Fund&Grow will get to work on helping you obtain up to $250,000 in unsecured business credit cards. On average, clients receive anywhere from $30,000 to $80,000 in the initial round of funding and up to $250,000 in additional batches of funding by the completion of the 12-month membership period. However, the amount you receive depends on your credit rating.
These cards come with a 0 percent introductory interest rate that spans anywhere from 12 to 18 months, so you can purchase what you need to grow your business without spending a fortune in interest. Even better, they won’t impact your personal credit rating as they won’t appear on your personal credit report.
Furthermore, the program is also designed to help you get up to $100,000 in unsecured corporate credit. Fund&Grow includes a detailed DIY step-by-step walkthrough on doing so. Like unsecured business credit cards, unsecured corporate credit has no bearing on your personal credit report and won’t affect your personal credit score.
Beyond flexible funding solutions, Fund&Grow’s done-for-you membership option gets you exclusive access to these perks:
- LLC set up, entity formation and tax ID registration with instant seasoning
- 12 months credit coaching and credit building services for yourself and a secondary applicant
- A resource that provides expert insight on how to leverage your credit and use it to grow your business instead of having to rely on cash
- Guidance on advanced credit inquiry removal tactics to position your profile for business credit approvals
- Premium coaching featuring business credit offers (a $50 monthly fee applies)
The performance-based option allows you to get started for a nominal fee, and Fund&Grow collects payment for their services from the total amount of financing you receive. More on this shortly.
It also excludes the 12 months of individual support you’ll receive with the membership option along with the DIY Corporate Credit program.
What are the Requirements of Each Option?
Tax returns and profit statements are not required to get started. However, here’s what else you should know about Fund&Grow’s eligibility criteria.
Membership Option Requirements
- 680 or higher is recommended
- If your credit score is low, Fund&Grow will refer you to their credit repair affiliate. In the meantime, they will work with you to create a sole proprietorship, LLC, build Corporate Credit and leverage other credit-building strategies.
Performance-Based Option Requirements
- Minimum FICO score of 720
- $10,000 to $20,000 in existing limits on bank credit cards
How Much Does Business Financing Cost With Fund&Grow?
The membership option comes with a one-time fee of $3,997. You can also choose from the following payment plans:
- 60-day payment plan: pay $1,499 when you sign up, $1,499 in 30 days and $1,499 on day 60
- 30-day payment plan: pay $2,124 when you sign up and $2,124 in 30 days
Plus, there’s a 60-day money-back guarantee (minus a 4 percent processing fee) if Fund&Grow’s efforts to secure funding for your business within the first 60 days are unsuccessful.
However, you’ll only pay $1 to sign up if you select the performance-based option. However, Fund&Grow will also collect 9 percent of all funding secured through this funding program.
1. Initial Consultation
You’ll meet with a Senior Funding Coach who will familiarize you with the program and ensure your questions or concerns are addressed. The Funding Coach will also do a soft-pull of a copy of your tri-merge credit report and review it with you to make recommendations for which program is best.
2. Application and Credit Score Recommendation
Fund&Grow recommends that you have a credit score of at least 680 before enrolling in the Business Card Stacking Membership. If you’d prefer the performance-based option, you’ll need a minimum credit score of 720 and between $10,000 and $20,000 in combined bank credit card limits.
3. Application for Cards with Credit Lines
Fund&Grow’s team of experts handles the application process for you from start to finish.
4. Drawing Process
Clients are educated on how to access cash.
Does Fund&Grow Have Good Customer Reviews?
Yes! Fund&Grow has earned over 4,000 verified reviews with an average of 4.9 stars.
How To Get Started with Fund&Grow
You can get started with Fund&Grow by filling out this simple online form to request more about the business credit stacking programs and how to enroll in them.