Fast Business Financial Review: Is it a Scam or Legit?

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Welcome to our comprehensive review of Fast Business Financial, a premier financial service provider catering to the needs of small and medium-sized businesses seeking adequate funding solutions. With a promise of “Up to $750K” in pre-approval loan amounts, and an all-credit-inclusive policy, they’ve crafted a business model that revolves around accessibility and swift service. In this review, we delve into the intricate details of what Fast Business Financial has to offer, shining a spotlight on the various products and services designed to propel businesses forward.


Embarking on a financial partnership can be daunting for any business owner, but with a starting rate of 3.2% of annual revenue and the possibility of getting funded in as little as one day, there are compelling reasons to consider Fast Business Financial as your ally in business growth.

Overview of Fast Business Financial’s Offerings

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Fast Business Financial stakes its reputation on a diversified array of financing options designed to accommodate the multifaceted demands of today’s dynamic business landscape. Whether you’re using short term business loans, seeking funds to bridge a gap in cash flow, finance new equipment, or invest in growth opportunities, their portfolio ensures that most businesses will find a financial solution that aligns with their objectives.

The cornerstone offerings include:

  • Unsecured Working Capital Loan: These loans provide businesses with a quick influx of funds without the need for collateral. The approval process is streamlined to support even those with less-than-perfect credit profiles.
  • SBA Loan: The U.S. Small Business Administration backs these loans, providing entrepreneurs with more favorable terms, including lower down payments and extended payment periods, making them ideal for long-term investments.
  • Short Term Business Loan: Designed for swift financial assistance, these loans grant access to capital often within 24 hours, catering to urgent business needs.
  • Term Loan: With set payment structures, term loans offer predictable repayment schedules, usually resulting in lower monthly payments spread over a more extended period.
  • Business Line Of Credit: This flexible financing option only charges interest on the funds drawn, providing businesses with a reservoir of capital to tap into as needed.
  • Business Loan Consolidation: For companies juggling multiple loan payments, consolidation can simplify finances by combining them into a single, manageable loan.

These products come with their unique blend of features:

  • Quick access to funds
  • Suitability for a wide range of purposes
  • Acceptance of various credit histories
  • Competitive interest rates

Moreover, Fast Business Financial prides itself on serving over 700 different industries, suggesting a strong capacity to understand and meet the needs of a diverse clientele. The firm hosts a team of loan specialists, including seasoned professionals and those like Mark, who harness their expertise to guide numerous small businesses through the funding process daily.

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Detailed Evaluation of Financial Products

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Fast Business Financial offers a suite of financial products, each tailored to meet different needs and circumstances of small businesses. Here is an in-depth look at fast business loans and their main offerings:

Unsecured Working Capital Loan

  • Quick Access to Funds: These loans are designed for speed, making funds available to business owners as fast as one day after approval.
  • Easy Approval Process: A streamlined application process ensures that obtaining capital is straightforward and hassle-free, even for those with credit challenges.
  • Bad Credit Accommodation: A welcoming stance on various credit profiles means that a wider range of businesses can access necessary funds.
  • Versatility: These loans are suitable across different business uses, from covering operational costs to financing inventory purchases.

SBA Loan

  • Affordability: With the support of the Small Business Administration, these loans offer some of the lowest down payments and most extended payment terms in the market.
  • Reasonable Interest Rates: Backed by a government guarantee, SBA loans typically feature competitive interest rates, relieving financial pressure on borrowers.
  • Flexibility: Suitable for a broad array of business applications, SBA loans can be the key to long-term growth and stability.

Short Term Business Loan

  • Immediate Funding: Designed with urgency in mind, these loans can fund a business within 24 hours of application approval.
  • Straightforward Process: A simple application and evaluation process reduces wait times and complexity for business owners.

Term Loan

  • Predictability: A set payment structure allows businesses to plan their finances and manage cash flow with certainty.
  • Lower Monthly Payments: Spacing payments out over a more extended period tends to lower monthly payment obligations, easing the borrower’s financial load.

Business Line Of Credit

  • Interest-Only on Drawn Funds: This feature means businesses do not incur unnecessary interest charges, paying only for what they use.
  • Readily Available Capital: A credit line acts as a financial safety net, available when needed without further loan applications.
  • Credit-Building Potential: Regular use and repayment of a business line of credit can help build a stronger credit profile.

Business Loan Consolidation

  • Simplification of Finances: Consolidating multiple loans into one can make managing business finances more straightforward, often with the potential for more favorable terms and rates.

Each financial product comes with a distinctive set of advantages, designed to support businesses in maintaining liquidity, investing in growth, and navigating the financial challenges that arise in everyday operations.

Fast Business Financial’s commitment to meeting the needs of its clients is also reflected in the time they take to get funded, which is remarkably swift. With flexible funding options, like the Unsecured Working Capital Loan and Short Term Business Loan offering a turnaround as fast as one day to 24 hours, businesses that require rapid financial injections can rely on these services to meet their critical deadlines.

In addition to these tailored financial products, clients benefit from a customer-focused approach to business loans, with loan specialists on hand to assist throughout the funding process. This level of support and the diverse funding options underscore Fast Business Financial’s dedication to being a flexible and responsive finance partner for small and medium-sized businesses.

Pros and Cons Analysis

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While Fast Business Financial displays an array of attractive features and services, it’s essential for business owners to weigh both the advantages and the potential downsides before committing to a financial service provider. Here is a detailed look at the pros and cons of Fast Business Financial:


  • Variety of Loan Products: Offering everything from SBA loans to unsecured working capital loans, businesses have a suite of products to choose from to match their specific needs.
  • Fast Funding: With options that provide funding within as little as one business day, businesses facing time-sensitive opportunities or challenges can obtain the capital they need swiftly.
  • Accessibility for Different Credit Histories: The inclusive credit policy means businesses with less-than-stellar credit histories may still be eligible for funding.
  • Dedicated Loan Specialists: Loan professionals like Mark, who have a record of helping numerous businesses daily, offer personalized support to navigate the application and funding process.
  • Broad Industry Coverage: Catering to over 700 industries, this provider demonstrates a comprehensive understanding of various business sectors and their unique financial requirements.


  • Cost of Quick Funding: It’s a commonplace in the industry that fast funding often comes at a higher cost. Rates could be higher than traditional lenders like banks, especially for products targeted at those with poor credit.
  • Debt Accumulation Risk: Easy access to funds can lead to over-borrowing, exposing businesses to unwieldy debt obligations if not managed carefully.
  • Potential for Inflexible Terms: Some loan agreements might have stringent terms that could be contractually restrictive, locking businesses into payment plans that may not align with future cash flows.

It’s crucial for potential borrowers to compare Fast Business Financial’s offerings with other lending sources in the market. While fast access to capital and leniency towards credit history are clear benefits, the associated costs and repayment terms should be vetted against alternatives to ensure fast business loan is the best fit for the business’s financial health.

Each product’s specific features and benefits should also be reviewed in-depth relative to the business’s situation. Small businesses, particularly those with irregular cash flows or those in growth phases, might find the flexibility and speed of Fast Business Financial’s offerings particularly advantageous.

Customer Experience and Testimonials

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When it comes to gauging the credibility and success of a financial service provider, first-hand client experiences are invaluable. Fast Business Financial prides itself on a solid track record of customer satisfaction, as evidenced by numerous positive testimonials. Let’s explore some key highlights from their client feedback:

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  • Client Praise: A large number of customers have gone on record to praise Fast Business Financial for its responsiveness and top-notch customer service. Many have mentioned how easy and straightforward the entire process was, from application to receiving funds.
  • Varied Industries Served: The wide industry reach means Fast Business Financial has amassed experience and expertise in offering financial solutions to diverse business sectors, further building trust among potential customers.
  • Transparency: Customers frequently note the transparent communication they receive concerning their loan details, rates, and expected repayment schedules.
  • Success Stories: Testimonials often recount scenarios where timely funding made possible by Fast Business Financial was instrumental in the growth, expansion, or even the survival of a business.

These experiences paint a picture of a financial partner committed to not just providing funds, but also delivering a service that businesses can rely on for their critical financial needs. It reflects in their Better Business Bureau accreditation and a generally positive online sentiment.

Hear it from the clients themselves:

  • “The process was hassle-free, and the team was there to support us every step of the way.” – Retail Business Owner
  • “We needed quick funding to capitalize on a bulk inventory purchase discount, and Fast Business Financial delivered just in time.” – Wholesale Distributor

The accumulation of such positive feedback signifies an alignment of Fast Business Financial’s operations with the fundamental needs and expectations of its clientele.

Costs, Fees, and Financial Considerations

The financial aspect, including the costs and fees associated with services, and equipment financing is a primary concern for any business considering a new financial service provider. Fast Business Financial understands this concern and positions itself competitively in the market. However, it’s important for businesses to closely examine the financial implications of entering into a fiscal arrangement with the company.

Here are some key points regarding Fast Business Financial’s fees and costs:

  • Competitive Rates: The company offers starting interest rates as low as 3.2%, a figure that’s competitive, particularly within the realm of quick funding options.
  • Transparency: Clarity regarding any fees and costs associated with loans is a part of Fast Business Financial’s policy, thereby enabling businesses to make informed decisions.
  • No Hidden Charges: Clients regularly emphasize the absence of hidden fees, which contributes to a more predictable financial planning process.

Financial Considerations to keep in mind:

  • Total Cost of Borrowing: Besides the interest rate, understand the total cost of borrowing, which includes origination fees, processing fees, and any other additional charges.
  • Early Repayment: If your business can pay off a loan sooner than anticipated, check if there are any prepayment penalties or if you can benefit from reduced interest.
  • Flexible Financing Options: Take advantage of their varied financial products by selecting one that aligns closest with your business needs and repayment abilities.

Fast Business Financial’s commitment to providing a transparent and honest loan process simplifies the evaluation of financial products for businesses. With clear costs and terms laid out, businesses can project their future financial status and make strategic decisions accordingly.

The Application Process

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Securing financing with Fast Business Financial is engineered to be a straightforward and user-friendly process. For business owners who may be apprehensive about lengthy applications and extended wait times, understanding the specifics of the application journey can alleviate concerns and prepare them for what lies ahead. Here’s a guide on applying for financing with Fast Business Financial:

  • Pre-Qualification: The initial step involves filling out a short form on their website to see if you pre-qualify for a loan without impacting your credit score.
  • Document Submission: If pre-qualified, you’ll need to submit documentation that typically includes business financial statements, tax returns, and proof of business ownership.
  • Approval Process: Once documents are submitted, Fast Business Financial reviews the application, which may include a credit check. They may ask for additional information if required.
  • Offer and Agreement: If approved, you will be presented with a loan offer that includes the loan amount, rate, term, and repayment schedule. Carefully review these terms before agreeing.
  • Funding: After the agreement is signed, funds can be deposited into your business account, sometimes as quickly as the same day.

It’s important during the application process to communicate with loan specialists at Fast Business Financial, who are there to assist and answer any questions. Their commitment to a smooth, efficient funding process is designed to not overburden small business loans and owners with bureaucratic intricacies.

With the conclusion of the application process, expect transparency, quick responses, and personalized attention, all of which have been highlighted by past clients as standout features of their experience with Fast Business Financial.


What should a business consider before applying for a loan? A business should evaluate its financial health, consider the reason for the loan, determine the amount needed, understand the available loan types, pay interest, and assess the terms and impacts of taking on debt.

How can a business improve minimum credit score and its chances of getting a loan approved? Maintaining a good credit score, providing a solid business plan, ensuring accurate and complete financial documentation, offering collateral if possible, and demonstrating steady cash flow can improve loan approval chances.

Is it better for a small business to get a loan or use credit cards for financing? The decision depends on the business purposes financial need, as loans are generally better for larger, long-term investments while credit cards can be useful for short-term financing or smaller expenses, especially if they offer rewards and the balance can be paid off quickly to avoid high interest.

What are some common mistakes businesses make when managing their finances? Some mistakes include failing to keep accurate financial records, not having a budget, mixing up personal finance and business finances, neglecting cash flow management, and not planning for taxes.

Can a business still obtain financing with a poor credit history? Yes, certain lenders offer products geared towards businesses with less-than-perfect credit scores or histories. However, these may come with higher interest rates or require additional guarantees or collateral. It’s important to improve credit history and shop around for the best terms.

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