name: Fundera FinOps
description: >
  Financial operations considerations for integrating with or using
  Fundera by NerdWallet as part of a small business financial technology stack.
  Fundera is a free marketplace — costs arise from the loan products themselves,
  not from the Fundera platform.
costs:
  platform:
    description: No cost to use the Fundera marketplace platform.
    amount: 0
    currency: USD
  loan_products:
    description: >
      Costs are determined by the individual lenders in Fundera's network.
      Interest rates and fees vary by product type, lender, and borrower
      qualifications.
    examples:
      - product: SBA Loans
        rate_range: "Varies; typically prime + 2.25% to 4.75%"
        term: "10 to 25 years"
      - product: Term Loans
        rate_range: "7% to 99% APR depending on lender and creditworthiness"
        term: "3 months to 10+ years"
      - product: Lines of Credit
        rate_range: "7% to 60% APR"
        term: "Revolving"
      - product: Equipment Financing
        rate_range: "4% to 45% APR"
        term: "Up to 5 years"
      - product: Invoice Factoring
        rate_range: "0.5% to 5% per 30 days"
        advance_rate: "Up to 90% of invoice value"
      - product: Merchant Cash Advance
        factor_rate: "1.1x to 1.5x"
        notes: "Repaid as percentage of daily card sales"
  affiliate:
    description: >
      Affiliate partners earn referral commissions when referred businesses
      are successfully funded. Commission rates are set per partnership
      agreement through the Impact.com affiliate network.
    commission: "Varies by partner agreement"
recommendations:
  - Monitor loan product rates from Fundera's lender network separately;
    Fundera itself has no API cost exposure.
  - Budget for partner integration costs if using the Impact.com affiliate
    API to track referrals.
  - Lender rates change frequently; pull updated rate guidance from
    fundera.com/business-loans rather than caching static values.
url: https://www.fundera.com/business-loans