Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

QuickBridge

Advertiser Disclosure

About lender

QuickBridge Funding is a business lending company that offers financing solutions to small businesses. It is headquartered in Irvine, California. QuickBridge Funding was started in 2011 and filled a niche for funding small businesses having not enough capital for their needs. QuickBridge Funding is an accredited member of the Better Business Bureau and has an A rating.

In 2018 the company was acquired by National Funding and launched a partnership with LendingTree.Nowadays, QuickBridge Funding LLC offers a variety of financing solutions that can be customized to meet the unique needs of the business owners.

QuickBridge

Pros and cons

Pros

  1. QuickBridge Funding can provide financing within a few days, much faster than traditional bank loans.

  2. It offers flexible repayment terms that can be customized to meet the needs of each business.

  3. There are no prepayment penalties if you pay off your loan early.

  4. It provides personalized service to each of its clients.

Cons

  1. QuickBridge financing can be challenging to obtain for businesses that do not have strong credit scores.

  2. There is an origination fee, and the amounts of it are undisclosed.

However, financing can be a good option for businesses that need financing for a short-term project or need financing quickly.

Terms and conditions

QuickBridge Funding you can get a business loan for taxes, inventory, payrolls, emergency, marketing, renovation, expansion, operating expenses and more.

For working capital, bridge loans, you can get a loan of $5,000 to $500,000 for 4-24 months at 1.10 factor rate.

For equipment financing, you get the same amount for a 36-60 months loan term and 4.99% interest rate.

There is an origination fee you should be aware of. It is based on your loan’s amount. QuickBridge doesn’t disclose the amount it charges, but it typically id 1% to 5% of your amount.

Funding a loan

Once a borrower is approved for a loan from QuickBridge Funding, the money is transferred to them via ACH (Automated Clearing House) transfer. This type of transfer is typically used for direct deposit of payroll checks but can also be used to send money from one bank account to another. The process is initiated by QuickBridge Funding within 24 hours after the application was approved, and the money is typically deposited into the borrower's account within one to 2 business days.

Other Personal Loans

Loans like QuickBridge

OppLoans

Apply for a Loan

OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.

Opploans

Rise Credit

Apply for a Loan

RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.

Rise Credit

OneMain Financial

Apply for a Loan

OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.

OneMain Financial

Universal Credit

Apply for a Loan

Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.

Universal Credit

Important

Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

  2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

  3. Carefully review all the terms and conditions of your payday loan contract.

  4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

  5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

  6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Methodology

At Finanso, we've carried out a comprehensive analysis of over 100 lenders, assessing them based on 35 different parameters across six key categories: accessibility of loans, customer relations, quality of service, interest rates, and transparency of conditions.

In each category, we carefully considered the most critical factors in selecting a lender. These factors include the interest rates, available loan amounts, minimum credit score, minimum income, application fees, and the speed at which funds are transferred.

At Finanso, we highly value our users, which is why we also focus on the quality of customer service, user reviews, and additional features that can aid our users in making a well-informed decision.

Our ultimate goal is to provide insightful recommendations and expert advice to assist you in selecting a lender that best caters to your specific needs.

FAQ

What is QuickBridge Funding, LLC?

QuickBridge Funding, LLC is a small business lender specializing in short-term, unsecured lending. The company was founded in 2011 and is headquartered in Irvine, California.

Is QuickBridge Funding legitimate?

QuickBridge Funding is a legitimate company that is licensed by the states in which it operates. QuickBridge Funding is a member of the Better Business Bureau and has an A+ rating with the BBB.

How much can I borrow from QuickBridge Funding?

At QuickBridge Funding, you can get small business loans from $5,000 to $500,000.

Company documents

Terms and Conditions
Privacy Policy

Having worked with many different types of businesses, we are better able to help you find a cash solution to fund your projects and business expansion goals.

© QuickBridge Funding, LLC
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All QuickBridge’s reviews by may 2024
Leave feedback
Similar companies
Titlelo
3000 NE 30th Pl Ste 104 Fort Lauderdale, FL 33306
+1 (855) 341-4500
Ace Title Loan
5371 HIGHWAY 90 West, Mobile, AL 36619
+1 (251) 665-1222
LoanStar Title Loans
3440 Preston Ridge RD STE 500 Alpharetta, GA, US, 30005
+1 (877) 511-2274
TFC Title Loans
3055 Wilshire Blvd #530, Los Angeles, CA 90010-1145
+1 (844) 242-3543
TitleBucks
15 Bull Street Savannah, Ga. 31401