Business Finance Advance Reviews

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About Business Finance Advance

Business Finance Advance was established to provide businesses of all sizes with a quick and easy way to obtain hard to get business loans. We will work side by side with your company to accelerate your financial success.

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Business Finance Advance Reviews

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    How do I know I can trust these reviews about Business Finance Advance?
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    Page 1 Reviews 0 - 20
    Contract & Terms

    Reviewed April 19, 2018

    They do what they say they are going to do, and that seems to be a rarity in their industry. I shopped our financing needs all over, with more than a dozen lenders over a two week period, and was SHOCKED at how many times I was lied to by the others. BFA got me the best terms and performed exactly the way that they said they would. Next time, no need for me to shop around!

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    Staff

    Reviewed Jan. 31, 2018

    My business with BFA was straightforward and to the point, which is just what I wanted in a merchant advance. The three employees I have interacted with were all courteous professionals and overall I am very happy with their services.

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      Customer Service

      Reviewed Nov. 30, 2017

      It's been a few months since doing business with Business Finance Advance and I'm happy to report that they live up to their word. As some others have said, the loan process is straightforward and transparent and if you have any questions or doubts the customer service people are more than willing to talk to you. Grateful for the experience, thanks again.

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      Punctuality & SpeedStaff

      Reviewed Nov. 29, 2017

      Had the pleasure of taking out a cash advance through Business Finance Advance for my small business. They were able to get me the funding I need to ramp up production here and the turnaround is actually quite fast. So far so good. The employees there have been helpful and respectful, so I imagine the rest of this experience will be too!

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      Staff

      Reviewed Oct. 31, 2017

      Pleased to have done business with Business Finance Advance. Trustworthy staff of people I dealt with and they got the job done in an excellent time-frame. Don't be afraid to ask questions if you have them, the team over there is more than willing to help.

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      Staff

      Reviewed Oct. 30, 2017

      Very friendly and hospitable staff. We needed some capital to expand our small business so we contacted BF Advance a few months ago. Believe it or not, the timeline they advertise is pretty on point. They were able to hook us up with a funding plan much quicker than I would have ever believed. The repayment process is pretty transparent, too. Just be sure to ask if you have questions, they are willing to help! Thanks again!

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      Punctuality & Speed

      Reviewed Sept. 27, 2017

      I was in a bind and Business Finance Advance was able to help me out big time. If you know what you're getting into and make your payments on time it is absolutely worth it. Already recommended to a friend.

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      Staff

      Reviewed Sept. 27, 2017

      From start to finish Business Finance Advance was a breeze to deal with. All of the reps I dealt with were kind and knew their stuff, the application and the turnaround was much quicker than I could have ever imagined. I can't really think of any cons I experienced with them.

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      Contract & TermsPunctuality & SpeedStaff

      Reviewed Aug. 25, 2017

      I had a pleasant experience with this company. From beginning to end, they laid everything out in fair and simple terms while helping me shop for a loan. The two people I spoke with were both kind and helpful regarding any of my questions and concerns. Quick, simple and effective!

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      StaffProcess

      Reviewed July 5, 2017

      From start to finish, Business Finance Advance was not only professional, but the entire process was easy. Their staff goes out of their way to make the entire loan process as painless as possible and I really respect that. I would absolutely recommend them to anyone who needs emergency funds for their business needs.

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      Reviewed July 5, 2017

      I worked with BFA earlier this year to get funds that my business needed to expand our offices. The entire procedure was easier than I thought it would be, which was fine with me! All in all, signed up for the loan and the repayment program and it has been a pretty smooth ride since.

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      Customer ServicePunctuality & SpeedStaff

      Reviewed June 15, 2017

      I started my loan online but wanted to reach out to an employee for a little help with the whole process so I gave BF Advance a ring on the phone. The rep that worked with me was awesome and helped me through the entire application. They were even able to answer some of my other general questions regarding the type of loan I was applying for. It made me feel really comfortable with the entire thing. All in all, got approved, got the loan I needed and it didn't take much time at all. Thanks again!

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      Staff

      Reviewed May 25, 2017

      Recently finished paying off the advance I got from BFA earlier this year. Having done business with them for months I can tell you that they are just as they seem. Professional staff that is there to help you and your business out when you need it with a pretty decent number of funding solutions. Thanks and will absolutely recommend to any other business owner.

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      Staff

      Reviewed May 22, 2017

      I recently took out a loan with this company and I gotta say, it was just as easy as they claim. The three people I spoke to were all courteous and professional. They helped me understand all the questions I have and everything. All in all a pretty painless experience without any hassle or extremely complicated hoops to jump through. Would absolutely recommend. Thanks!

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      StaffProcess

      Reviewed April 26, 2017

      True professionals. I applied for a cash advance to help with a new acquisition for my business and everything went perfect from start to finish. The team members that I worked with were courteous and professional, got me through the process in just a matter of days. Would absolutely recommend for others.

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      Staff

      Reviewed Feb. 28, 2017

      Everything from start to finish was professional and EASY! BFA is a really simple company to work with and their employees are on point with their knowledge base and friendliness. Makes the entire loan experience pretty much effortless. Thanks y'all!

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      StaffProcess

      Reviewed Feb. 24, 2017

      Happy with my interactions with Business Finance Advance. I was cautious going into it and advised with some friends, but we all agreed that this company seemed legitimate and helpful for my needs. The process of getting approved did not take much time and was mostly harmless and everything I reached out to at the company was knowledgeable and courteous. Would absolutely recommend if you are looking for their type of service.

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      Staff

      Reviewed Feb. 13, 2017

      I have used Business Finance Advance a couple of times now over the course of three years. They are a straightforward group of businessmen that want to help you get the money you need for your business. The application process for their types of loans are pretty straight-forward and don't take much time to understand or complete. It's a good and honest company. I wouldn't be a repeat customer if I thought otherwise.

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      Punctuality & SpeedStaff

      Reviewed Jan. 23, 2017

      In terms of getting alternative funding for your business, the staff at Business Finance Advance are a top notch resource. I needed something outside of the realm of a bank loan and the staff here helped me find the perfect solution. They talked me through the different options and helped me pick what is best for me and my company. The thing that was most astounding was how fast it all was. Like, really, instead of it taking months to get funds it only took me about a week. A+ business with a smart and helpful staff.

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      Customer ServiceStaff

      Reviewed Jan. 17, 2017

      Listen, these people know what they are doing. I shopped around for a bit before deciding on Business Finance Advance and had made a few phone calls to talk to them before even starting the application process. You get what you expect, as long as you read what you are actually signing up for. If you figure everything out beforehand and plan accordingly, you get (pretty much) exactly what you want. Just do your homework, kids! The application process was a breeze and overall it was nice working with these people.

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      Business Finance Advance author review by Ashley Eneriz

      Also known as BFAdvance LLC, Nationwide Business Advance Companies, Merchant Cash Advance Companies and Business Advance Companies. Business Finance Advance offers funding opportunities to small, mid-sized and large companies. BFA deals in alternatives to traditional bank loans as part of its mission to make funding more accessible to businesses.

      • Products: Accessed through the Future Credit Card, borrowers can fund accounts receivables, purchase orders, equipment and merchant, as well as other business advance needs. BFA also offers alternative business funding programs.

      • Interest rates: BFA advertises rates as low as 12.99 percent as of April, 2016 as well as variable interest rates. There are no application fees.

      • Service: Quick turnaround with unique computerized loan matching technology.

      • Borrower qualifications: No collateral, tax return or personal guarantee required. Borrowers must have credit card sales of at least $4,000 per month.

      • Fast approval process: Users can expect to receive loan funds deposited into their accounts within seven days of approval. Initial acceptance takes approximately 24 hours.

      • Large loan limits: Loan amounts are based on monthly credit card sales and range from $2,000 to $1,000,000.

      • Repayment options: There are no fixed payments. After receiving the loan, borrowers repay from the company’s future credit card proceeds. Instead of a fixed payment, the borrower repays BFA a fixed percent of their sales plus a pre-determined ‘factor fee.’ There is no loan term, and funds are repaid solely based on company credit card revenue.

      by Ashley Eneriz Deputy Editor, Personal Finance

      Ashley is an expert finance writer who worked for 12 years with top names in the industry, including Discover, The Hartford, ScotiaBank, Chime and Synchrony. She joined ConsumerAffairs in 2022, and specializes in coverage of banking, credit repair and debt management. Her writing has also been featured in Forbes, Time, Yahoo, MSN and Reader’s Digest. In her personal life, she enjoys homeschooling her three daughters and writing children's books.

      Business Finance Advance Company Information

      Company Name:
      Business Finance Advance
      Address:
      1506 Kings Highway
      City:
      Brooklyn
      State/Province:
      NY
      Postal Code:
      11229
      Country:
      United States
      Website:
      ca.bfadvance.com