FundKiteFundKite offers extensive funding solutions to small businesses across a variety of industries. Our extensive experience in many industries enables us to truly understand your business needs.
FundKite (fundkite.com) has 114 customer reviews on Five Star Index, with an average rating of 4.5 out of 5.
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Investments & Wealth · NEW YORK, New York
Excellent
Investments & Wealth · New York, New York
Excellent
Investments & Wealth · Manhasset, New York
Excellent
Investments & Wealth · Greatneck, New York
Excellent
Showing 14 reviews with 1 star · Clear filters
Earl C.
I filled out the application and someone called Immediately! This person was very short with me and only cared how much money was deposited in my bank for the last 4 months, no helpful advise. As soon as he found out what my deposits were he said that my company was not a good fit for them. I hear that a lot, but not as rudely and callus as he said it.
Elysia S.
A bait and switch. Michael is friendly but there was a serious miscommunication when I read back everything I understood about this business capital he said I got it correct ($12k and if I paid it off before 50% was left the finance charge would only be $1100). This was NOT true. When I called to discuss the fact that I was charged over $4k to borrow $12k (and only $10k was deposited) I was told "it was in the fine print". Don't make the mistake I made. If you need $10k ask a family member. Paying off almost $1000 weekly and not even getting what was promised is not worth it.
V.P.
Received news of an approval, signed the contract, provided sensitive information and was ultimately rejected. Repeated the process the next day. Waste of time and/or a scam
Response from FundKiteJul 21, 2023
Im sorry you had a negative experience with Fundkite. Based on the Name, Email, Phone provided we have no record of your application to be reviewed.
Daniela M.
They ask you for very private information such as copies of company checks, bank accounts, social security numbers and driver licenses. They make you believe you are approved and then they don’t make the deposit. A day later when you ask for an update they tell you that they changed their mind. I truly believe they are just collecting your information with some malicious purposes. They is too much documentation in their hands.
Response from FundKiteJul 21, 2023
I am sorry your experience did not meet your expectations. Unfortunately, we can not foresee things that would disqualify a merchant until the file goes through underwriting. We try and give as much up front info to set realistic expectations. I am happy to discuss
Gordon B.
Fundkite has EXTREMELY HIGH interest rates on short term MCA loans. I received a loan from them earlier this year for $25K and paid it off 4 months later to the day and realized that I had paid them $2,999.25 per month for the 4 months that I was with them. People please don't make the same mistake I did! There are MANY, MANY other lenders out there who will save your business thousands of dollars. Avoid Fundkite at all costs!!! Re: As expected Fundkite responded in typical fashion as if I am a spambot. I am a small business owner who was in a bit of a jam with taxes and needed funding quickly but made the mistake of signing on with them. They HIDE the interest rates with PAYBACK RATIOS or whatever they want to call them. Go elsewhere folks. Companies like Fundkite are NOT here to help rather to put you in MORE DEBT! AVOID Fundkite at ALL costs!!!
Response from FundKiteOct 17, 2019
This post is fraudulent and false. FundKite does not charge interest rates. False review. 1. Sir, you are using a fake name to post your review. 2. We do not Hide anything, in fact all of our terms and conditions are expressly written in our contracts and further disclosed on a recorded call. 3. We have reviewed your recorded call and you were informed and acknowledged the following. This is not a loan, but a Purchase if your accounts receivables at a discount. All of the fees were disclosed and you agreed to them. You certainly loved FundKite when we Funded your business when you needed it the most! You didn't go to those other companies you mentioned, yet now you feel it is okay to say such terrible words and damage the reputation of Fundkite. Shame on you!
customer
Took more than the expected time. Everyday underwriting would request more docs. Finally was funded in one day form another company.
Response from FundKiteJul 21, 2023
I am sorry to hear you had a negative experience. Fundkite has since improved the speed of its Funding Process. Good Luck in any future dealings