Torro vs. Fundera Comparison

6+ Months

12+ Months

$1K-$500K

$5K-$5M

Min 7%

• Startups and existing businesses can get funding
• Simple online process
• Fast approval time and funding period
• No collateral necessary
• Not too many loan requirements

• Multiple financing options designed to help businesses grow and succeed
• Convenient shop and comparison tool
• Free service
• Matched with experienced Funding Advisor who helps every step of the way

• Not much customer support at the weekend

• Loan terms and conditions not disclosed until after completing an application
• Once deciding upon a product, you’ll work with the lender instead of Fundera
• Must have been in business for at least 1 to 4 years to qualify for funding
• Potentially high interest rates and eligibility requirements

• Working Capital Loans

• SBA Loans
• Business Line of Credit
• Invoice Financing
• Equipment Financing
• Term loans
• Short-Term Business Loan
• Merchant Cash Advances
• Startup Loans