Alternative funding up to $2 million for businesses in high-risk industries with less-than-stellar credit.

  • Best for businesses in high-risk industries that need fast funding but lack a good credit score.
  • Pick something else if you’ve been in business for less than one year.


    Min. Amount


    Max. Amount


    Product Name FundKite business loans
    Min. Amount $100,000
    Max. Amount $2,000,000
    Loan Term As soon as 1 business day
    APR Not stated
    Requirements Ages 21+, 1+ years in business, 4 months of business bank statements Restricted uses: Only caters to business in 19 industries

    Application Criteria

  • At least 21 years old
  • In business at least one year
  • Submit four months of business bank statements

First, do I qualify?

Unfortunately, you won’t know if you qualify until you fill out FundKite’s one-page online application and submit your last four months of business bank statements. At a minimum, you need to meet the following criteria:

  • At least 21 years old
  • In business at least one year
  • Submit four months of business bank statements

FundKite also considers your industry type, credit history and verified revenue. You may also be required to submit other documents outside of the four months of business bank statements.

What makes FundKite unique?

FundKite is both a direct lender and marketplace that works with banks, brokers and other financial institutions to get businesses funding when you can’t qualify for a traditional loan. It offers high funding amounts between $100,000 and $2 million with no personal collateral or assets required. It also stands out for its willingness to work with companies in high-risk industries or that don’t have the best credit.

What industries does FundKite work with?

FundKite works with businesses in several high-risk industries that might have trouble qualifying for funding from traditional lenders, including:

  • Auto repair
  • Child care
  • Construction
  • E-commerce and online stores
  • Florists
  • Health and wellness
  • Hospitality
  • Landscaping
  • Manufacturers
  • Marketing consultants
  • Medical
  • Pharmacies
  • Property management
  • Rehabilitation centers
  • Restaurants
  • Retail
  • Technology and IT services
  • Veterinarians
  • Wine and liquor


  • No application fees. FundKite mentions no fees to fill out an application, but doesn’t list any other fees it may charge.
  • Fast turnaround. You can get preapproved in 15 minutes and possibly have funds in your account in just one business day.
  • Experts on hand. FundKite will set you up with a loan specialist who helps you choose the best option for your needs.
  • Bad credit OK. While both your business and personal credit score are taken into consideration, they’re not the main criteria for getting approved.
  • Open to high-risk industries. Construction, wine and liquor, and manufacturing are just a few of the high-risk industries it’s willing to work with.


  • Not open to startups. You need to be in business for more than one year to apply.
  • Limited information online. FundKite doesn’t disclose fees, rates or terms on its website.
  • No option to prequalify. Submitting FundKite’s online form requires a hard credit check, which can temporarily lower your credit score.
  • Nonresponsive customer service. We reached out to customer service via online chat several times and never heard back. You may have the same trouble.

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