Reliant Funding is a merchant cash advance (MCA) platform that allows business owners to apply for loans with fast approval. It provides them with merchant services funding without compounding fees and accruing interest. In this article, we cover Reliant Funding reviews and pricing online. Ready to get started? Apply now.
Reliant Funding Pricing
Reliant Funding allows business owners to apply for a loan between $5,000 and $500,000. However, the company determines its fixed cost based on the nature of the business’ situation and needs. Reliant Funding pricing is based on three program options: small business loans, merchant cash advance, and equipment financing.
There are no hidden fees, accruing interest, nor application charges for a merchant cash advance from Reliant Funding.
Ready to get started with Reliant Funding? Apply now.
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Summary of Positive Reliant Funding Reviews
Users who gave positive Reliant Funding reviews said that it is easy to get merchant cash advance approvals. Some commended the company’s representatives for being professional and helpful.
One user who gave a positive Reliant Funding review on Trustpilot said that he likes their quick loan approval. He also appreciated the availability of funds within days after the application was approved. He also likes the great customer support he gets from its agents and customer support team.
Summary of Negative Reliant Funding Reviews
Users who gave negative Reliant Funding reviews said that the platform has a high interest rate. Some shared that they were uncomfortable with the company’s direct marketing approach.
One user who left a negative Reliant Funding review on Yelp shared that they received credit cards at their workplace even though they did not authorize or apply for it. He also mentioned that the PIN number and credit card number were visible to whomever opened the mail.
Reliant Funding Features
Check out the list below of some of Reliant Funding’s features:
- Fast approval within hours of application
- Simple application process
- No personal guarantee required
- Merchant portal
- And more
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Reliant Funding FAQs
Will my credit history be reviewed when applying?
Yes. An applicant’s credit history is reviewed during the application process, but Reliant Funding claims that it is not the primary deciding factor for pricing and financing approval.
How do I know if I’m qualified for a merchant cash advance?
Qualifying for a merchant cash advance is easier if:
- You’ve been in business for at least a year.
- Your minimum business sales are at $10,000 per month.
- You have no open bankruptcies.
If approved, how do I pay back my Reliant Funding merchant cash advance?
There are two ways to pay back a merchant cash advance:
- Reliant Funding collects a mutually agreed-upon amount upon payment from your business’ daily sales via credit card.
- Both parties agree upon a prescheduled Automated Clearing House (bank-to-bank transfer) withdrawal from your business account.