An Honest Business Funding Services Review (2024)

Over the past decade, lenders have continually tightened their requirements and increased their interest rates. Every day, it becomes more difficult for companies and individuals to access financing. While many companies have sprouted to solve this problem for small business owners, one of them stands out. Fund&Grow is one of the few contemporary financial services that boasts the ability to provide $50K to $250K in business credit at 0% interest.

To many, the funding service sounds too good to be true. But, is it? Here, you’ll find an honest, unbiased Fund and Grow review that covers the most commonly asked questions about the system. Find out how the service works, what it costs, and more.

First, How Does Fund&Grow Work?

Fund&Grow is a financial service that offers small businesses the opportunity to leverage up to $250K in unsecured financing. (You can click here to pre-qualify). The business credit funding program is set up for self-employed entrepreneurs, small business/ startup owners, and real estate agents to leverage the best lines of credit to grow their companies.

Through their core consulting program, the company helps owners access large, unsecured lines of credit via business credit cards. First, if you need proper licensing, they will guide you in setting up your EIN and DUNs number. Then, on your behalf, they apply for credit cards with the most competitive banks who offer 0% introductory rates for 6-18 months.

The funding process is fairly simple:

• Call Fund&Grow for an initial consultation.
• Submit the proper documentation to your account representative.
• Receive financial counseling from a specialist and sign a POA.
• Allow the company to apply for credit on your behalf.
• Accept your funding.

Once your funding is approved and you’ve accepted your credit card offers, you can use the money for anything you need to help your business grow. There will be several batches of credit applications. Within 12 months, you should have from $100K to $250K in credit to use as you wish.

Since many people across the web ask why they should pay for this service when they could just apply for 0% interest credit cards on their own, I think it’s important to note one credit myth highlighted by Fund&Grow: “It’s all done by a computer.”

Fund&Grow does not simply submit applications online. They call financial institutions and speak with representatives and underwriters over the phone, which is the best practice for larger lines of credit.

• Can you call banks and apply for credit by yourself? Yes.
• But, do you want to or even know where to start? You’ll have to answer that question for yourself.

Furthermore, lines of credit aren’t the only asset Fund&Grow offers. Learn more about the extra perks of working with the company.

What Are the Added Benefits of Using Fund&Grow’s Services?

In addition to accessing new lines of 0% interest credit and financial education, Fund&Grow clients benefit on multiple fronts.

1. Dun & Bradstreet (D&B) Corporate Credit Building Program

As a Fund&Grow client, you will get help navigating your D&B credit profile to build non-recourse credit for your company. You can access an additional $100K in vendor credit through this program. And, learn to create a high PAYDEX™ score for as many corporations as you wish.

2. Learn How to Remove Credit Inquiries Within 45 Days

Removing credit inquiries from your credit profile can cost more than $350. Fund&Grow clients will learn to do this on their own and have inquiries removed in as little as 45 days. As a business, gaining large amounts of funds requires that you do this.

3. Create an Individual EIN and Other State Licensure Numbers

In order to apply for business credit and keep it off of your personal credit report, you will need an Employer Identification Number (EIN) for tax purposes. Fund&Grow will help you do this. They can also help you with LLC, C-Corp, and S-Corp licensure. You will only pay for the state filing fees.

4. Leverage Customized Personal Credit Boosting Strategies

Depending on the severity of any personal derogatory credit marks, Fund&Grow can help you come up with strategies to fix your credit, refer you to credit building companies at discounted rates, or show you where to find free help.

5. Introduction to Small Business Administration (SBA) Loans

When you work with Fund&Grow, you will create a comprehensive business plan. Part of this will include education about how to legally apply for partially-guaranteed SBA loans based on the size and structure of your business.

6. Exclusive Access to Educational Newsletter & Free Getaways

The company also has a paid newsletter for $50 per month, which provides financial education and gives readers access to:

• International real estate and security investment ideas
• Incorporation and tax strategies
• Free getaway condos in the US & Hawaii (one week per year)

All clients are automatically signed up for the newsletter and can cancel at any time.

The total cost for a year’s subscription to the newsletter is $600. So, if you leverage the getaway option, this pays for itself.

Next, What Are Fund&Grow’s Requirements for Participation?

There is no minimum FICO score required for services through Fund&Grow. However, a strong credit profile will open you up to less expensive options. According to the terms of service and as with most financing options, “High debt levels or credit impairment will cause clients to receive less zero interest credit in the first couple of months and potentially during the membership term.”

Who is Fund&Grow’s Primary Clientele?

According to their about page, many of Fund&Grow’s clientele are real estate investors. These investors leverage the provided financial services to secure credit cards. They then use various methods to cash out and invest the money into real property. Once a purchase is made, they either flip the property and pay off the cards or refinance and rent out the properties.

Other businesses that successfully work with Fund&Grow do so to finance daily operations in ways that will help their companies bring in more revenue. This way, the cards are paid off by the time the 0% introductory rates expire.

So, How Much Does Fund & Grow Cost?

Two Fund&Grow pricing options are available for the primary financial consultation service. The first is a 12-month membership and the second is a performance-based plan. You’ll pay $3,997 or 9% of your total financed amount. Here are quick summaries of each option.

12-Month Membership Pricing: $3,997

There is no minimum FICO score required for Fund&Grow’s 12-month membership. The cost is $3,997 and payment plans are available. The membership comes with a 60-day money-back guarantee less 4% for credit card transaction fees.

Performance-Based Cost: $1 + 9% of Total Credit Acquired

If your FICO score is 730 or higher, you can leverage Fund&Grow’s performance-based pricing tier. After funding is established, clients on this tier pay 9% of their total financed amount plus a $1 sign-up fee.

+Remember the $50 newsletter subscription and unsubscribe if you don’t want to leverage the bonus education at this time.

And, Who are Fund&Grow’s Competitors?

In the information era, it’s important to be completely transparent. And, while the general consensus is that Fund&Grow is a good company to work with, their services aren’t right for everyone.

Many business owners are comparing Fund&Grow vs Credit Suite. So, here’s a shortlist of other companies that offer comparable working capital strategies and services to small business owners.

• Credit Suite – Access multiple revolving credit lines from $5K to $50K.
• LenCred – Get from $25K to $150K in business credit lines (Be sure to check out my recent LenCred Review).
• Business Credit Builders – Receive between $50K and $150K in unsecured revolving credit lines.
• One-Stop Funding Solutions – Obtain between $25K and $200K in low-cost funding.
• Midwest Corporate Credit – Gain up to $500K in low-interest credit.

Moreover, there are many others out there. I haven’t yet had a chance to review all of the competition, so be sure to do diligent research before you dive in.

Final Thoughts

Based on the generally positive reviews, their A+ BBB rating, and my own personal analysis, it looks like Fund and Grow is a legitimate and helpful company to work with. You can leverage their services to fund almost anything related to the growth of your business. If you have good personal credit, a bit of cash to invest upfront, and you’re looking for a service to do the work for you, this could be an excellent avenue to explore.

Now, if you want to boost your business credit score and acquire small business lines of credit (without paying high origination fees), start here: learn how to obtain business credit in 30 days.