Finance Factory Ratings & Reviews

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Finance Factory

(4.6 of 5) 14 Reviews

93% of our customers would recommend this lender.

About Finance Factory

Finance Factory is a full service business finance and consulting firm. Through our marketplace, we offer a full suite of financing programs and small business services nationwide. From our executives to our loan specialists, our entire team has the DNA...

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Customer Reviews

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14 Reviews

(4.6 of 5)
Review Breakdown
  • Lender Review
    from Roanoke, VA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    Closed loan with this lender

    Customer

    (0) (0)
    I worked with them to get loan for my business. They are nice and very helpful. They go extra mile to help you out. They make sure customer get great loan with great customer service. Ed talked to me and answered all of my questions.They stick with you to help even after you get funding.

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  • Lender Review
    from San Jose, CA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    I'm currently working with this lender

    Great service!

    (0) (0)
    Finance Factory has made it possible for me to stay on course with my product launch timeline. I received the capital I needed quickly and easily. I would highly recommend any responsible business owner to work with Finance Factory for any immediate capital needs. Truly a great service for small business owners!

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  • Lender Review
    from Baileys Harbor, WI
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Personal Loan
    Services:
    Closed loan with this lender

    Helpful

    (0) (0)
    Ed & Dwyone were very helpful and honest when working on our loan. They made the process of getting a loan very simple and answered all of our questions.

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  • Lender Review
    from Arlington, VA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    I'm currently working with this lender

    They are legit!

    (0) (0)
    They did exactly what they said they would do. I received a credit line of more than $40K to help kick start my business. Thanks a bundle Finance Factory.

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  • Lender Review
    from Detroit, MI
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Personal Loan
    Services:
    None - we connected, but I didn't move forward

    Thank you!

    (0) (0)
    Everyone I communicated with at the Finance Factory were helpful, personable, and dedicated to securing me a loan.

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  • Lender Review
    from Lisbon, ME
    (1 of 5)
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    None - we connected, but I didn't move forward

    They only close 5%

    (0) (2)
    Matt Sochurek ceo just emailed me on 1/17/17 admitting he only closes 5% or 200 of 4000 applications per month. Yet not one email or website i applied said that in big bold letters. If self employed dont waste time or data to finance factory they cherry pick best of best basically imho the ones who can afford to self fund their business and have better credit than me at 710 credit score and better than 80k gross income. Good luck getting 5 yr consolidation loan... Read More

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    We appreciate your candor; however we were never able to speak with you on the phone to fully discuss our funding programs and qualifying parameters. Upon reviewing your credit and income, the Debt to income ratio was well above the acceptable threshold of 40% max for our lenders; in fact it was more than double. Lenders do not underwrite based off of gross income, they look at adjusted gross income and the tax return we reviewed showed a lot of expenses written off with very little add-backs. We strive to help as many clients as possible, but, unfortunately, more clients don't get funded than do. We wish we could've explained all of this to you on the phone and explored other potential funding options.
  • Lender Review
    from Horsham, PA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    Closed loan with this lender

    Effective process, great experience

    (0) (0)
    I researched a couple of companies that obtain financing using similar methods as Finance Factory and found the FF rates were the best. At first I was hesitant about the process but after speaking with Matt, Dan, Elsi and Michael I felt at ease and in good hands. The FF team was able to obtain financing that will allow me to start my own business and achieve my dreams! They have also been available to answer questions after my financing was finalized. This process was efficient and effective, as was the communication throughout the process. Thank you to the Finance Factory team for your knowledge and results!... Read More

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  • Lender Review
    from Marquette, MI
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    Closed loan with this lender

    5 Stars For this Great Company

    (1) (0)
    They were extremely professional as they guided me through a process that would have been extremely complicated without their knowledgeable staff. I was given a whole team to work with. They provided me an essential solution to my start-up capital needs at a time when I felt like I had no way to get money! Thank God for Finance Factory.

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  • Lender Review
    from San Francisco, CA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    Closed loan with this lender

    Extremely Helpful

    (1) (0)
    I really had a great experience with The Finance Factory. Not only were they able to get me more funding for my business than I was originally qualified for, they were really helpful throughout this process. I was nervous when I first started, but Ed Wienecke and his team walked me through this process and set my mind at ease. I am glad I went with them and I am recommending both my wife and brother-in-law to obtain funding though them. ... Read More

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  • Lender Review
    from Yorba Linda, CA
    (5 of 5)
    Recommended!
    Reviewed:
    Loan Type:
    Small Business Loan
    Services:
    Closed loan with this lender

    Arrow Tag OC Expansion Funding

    (2) (4)
    Working with Finance Factory to obtain funding for my company was a blessing. Having a company that is new and with limited personal assets, obtaining any kind of business loan is virtually impossible. The U.S. is not friendly to real small businesses and Finance Factory is helping those who need alternate means of funding. The whole experience was great from the beginning. The fees are reasonable, they are very accessible all the way up to the top, and they help guide you through the whole process. Any young small business that is looking for funding, needs to check out Finance Factory. They will find what is right for your business and help you get what you need... Read More

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Finance Factory is a full service business finance and consulting firm. Through our marketplace, we offer a full suite of financing programs and small business services nationwide. From our executives to our loan specialists, our entire team has the DNA of an entrepreneur. Our knowledgeable staff develops a funding strategy designed not only around your short term needs, but also your long-term vision. Whether you are a start-up looking for working capital, an existing business acquiring a competitor or purchasing new equipment, Finance Factory has options that will accomplish your goals at competitive costs.