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Note: This is not a financing approval. When given a financing decision the funding amount, the term and cost will be based on our review of your business, your credit and will be subject to our underwriting requirements.
|Amount to finance:||$62,000|
|Intended use||Business Equipment|
|Financing type||Equipment Financing|
|Sample time in business||2+ years|
Formula Funding came through for us in a crunch. They provided us with a $15,000 small business loan to meet payroll obligations in less than a week since Wells Fargo was unable to extend out credit line. The rate was higher than Wells Fargo’s would have been but it was well worth it for the time and hassle saved.
We received an $84,000 small business loan for our liquor store from Formula Funding. John and his team made the process fairly straight forward and we received our cash in about a week. They never changed the rate or the dollar amount which is exactly what happened with our last lender. We would gladly recommend these guys to another small business owner.
Due to my divorce I was having a difficult time getting a small business loan through Chase, even though I had been banking there for 18 years. I came across Formula Funding online. I got a $115K from Formula with minimal paperwork and none of the run around. I’ve already referred two customers their way.
Ignacio is the best! He handled our account with the utmost care & a sense of urgency. He continues to follow up with us on a weekly basis, just to see how we’re doing & is continuously working to ensure the growth of our business. We are very blessed to call him a true friend.
You are not going to find anyone more honest, reliable, efficient and creative as Ignacio. He goes above and beyond to meet his client’s needs. In the world we live in today it is difficult to find someone with the amount of honesty and integrity as Ignacio. Myself, my company, and my family appreciate his determination to assure we were all taken care of.
Great Company to work with!!!! They are truly first Class!!!
I had the pleasure of working with Ignacio and my experience was an amazing. This was my first time applying for a loan like this but needed it so I could purchase equipment for my business. I was little afraid, but after working with Ignacio he made the transaction happen. He really knows the business and is really great at what he does. Also he is very genuine and honest person I can tell just by talking to him and he will do anything to help you. We definitely built a bond. Thanks for helping me out!!! I would recommend this company to any business who needs extra capital.
I’ve worked with Jeremy at Formula for over 3 years. Every summer I need capital to ramp up new projects and they always come through for me. No pressure and no BS unlike the million other calls I get from the New York sales sharks. I’d highly recommend Jeremy and his team.
After appearing on Nightmare Kitchens with Chef Ramsay our business exploded. We weren’t prepared for the increased staff, inventory, and volume we would see. Formula Funding helped us secure a working capital loan that kept our small business up and running. Thanks guys! Come see us if you’re in the area and want some home cooked Italian cuisine.