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BreadRoute Review
Boom Funded
3.5Our Boom Funded Review
Boom Funded is a nationwide nonbank lender offering merchant cash advances and working capital to small businesses across the U.S. It operates as a direct wholesale funder, also working through ISO partnerships to reach a broad range of business owners. Eligibility requirements are accessible: a minimum credit score of 500, at least $70,000 in monthly revenue, and one year in business. Funding amounts go up to $2,000,000. Boom Funded appears well suited for business owners who may not qualify with traditional lenders and are looking for flexible, MCA-based capital.
Who Is Boom Funded Best For?
Based on eligibility requirements and available products.
- Businesses with fair or rebuilding credit
Financing Options
Eligibility Requirements
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Quick Overview
3.5Compare Alternatives
Other Nonbank Lender lenders
Boom Funded Pros & Cons
Pros
- Accepts fair or rebuilding credit
- Lends nationwide
Frequently Asked Questions
Boom Funded offers financing in the range of Up to $2,000,000.
Boom Funded typically requires a minimum credit score of 500. Businesses with scores above this threshold are more likely to qualify for favorable terms.
Boom Funded offers the following financing products: Working Capital, Merchant Cash Advance.
Boom Funded requires a minimum of 1 Year in business. Newer businesses may want to explore alternative lenders with lower seasoning requirements.
Boom Funded provides financing to businesses across the United States.
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