Tiger Funding provides small and medium-sized businesses with several funding options like merchant cash advance (MCA), merchant capital, and merchant funding. The company utilizes technology and data to give customers a personalized and full digital funding experience. In this article, we cover Tiger Funding reviews. Ready to get started? Apply Now.
Quiz: Is Kabbage or OnDeck Right for Your Business?
Summary of Tiger Funding Reviews
As of February 2019, there are no Tiger Funding reviews online. If you are a past or current Tiger Funding customer, leave a review to help other business owners who are deciding whether or not to use the company.
Tiger Funding Pricing
Tiger Funding pricing is not published on its website. To qualify with Tiger Funding, the borrower should be in business for at least three months and have a minimum of $60,000 in annual revenue or $5,000 per month in sales during the last three consecutive months.
According to Tiger Funding’s website, the rate or term length of MCA is tailored to fit each client. There is no annual percentage rate (APR) applied to the payback amount. Only fixed cost is added to the client’s funding amount. The term length, referred to as “turns,” range from 60 to 260 days. Clients are provided the exact fixed cost before any agreement is signed with the company.
Interested users may contact Tiger Funding sales team for more information on its rates or related costs.
Ready to get started with Tiger Funding? Apply Now.
Top Tiger Funding Pick From Fit Small Business
6 Best Invoice Factoring Companies 2018: With invoice factoring, your unpaid invoices are converted into immediate cash through an advance of 80 to 90 percent of the total amount owed. We reviewed invoice factoring companies to find the six best factoring companies. These companies are experienced at collecting payments for small businesses with some of the best advance and discount rates in the industry.
Tiger Funding Features
Check out the list below of some of Tiger Funding features:
- All online approach
- Self-service portal
- Access to business credit
- Provision for working capital
- Easy funding through MCA
- Business loans with various interest options
- Third-party vendor and independent contractor promotion of the site
Tiger Funding FAQs
How Much Is the Fixed Cost?
The fixed cost depends on various factors regarding the business and the client as well as the chosen Advance Turn. This fixed cost is an established amount, and it is usually called a factor rate. The factor rate is decided by the length of time the client has been in business, total advance amount and the business’s gross monthly revenues. The terms and conditions will be provided in writing, and a funding specialist will provide a thorough explanation before making an agreement.
How Safe Is Tiger Funding?
Tiger Funding was founded in 2014 and is a privately held independent sales organization, meaning it isn’t affiliated with any bank. Their website and application are secure with encrypted transactions.
Here is a list of some of Tiger Funding’s popular integrations:
Tiger Funding Alternatives
Have you read these Tiger Funding reviews and are still not sure if it’s the right fit for you? Read our reviews of all top invoice factoring companies or check out one of these three Tiger Funding competitors.