ByzFunder (ByzFunder NY LLC) is a New York-based direct funder founded in 2019 that has grown rapidly to become one of the more notable names in alternative small business financing, having funded $1.5B+ to 25,000+ businesses in the US. In May 2026, KBRA assigned preliminary ratings to a $165M asset securitization backed by ByzFunder's business loan and MCA receivables — a significant institutional milestone reflecting investor confidence in the quality of its receivables pool. Three products: revenue-based working capital advances up to $500K, term loan funding in eligible states, and ByzFlex — a flexible line-of-capital for qualified businesses with real-time balances and transparent pricing through a customer portal. No hard credit inquiry. 525+ credit accepted. Personal checking accounts accepted (including gig worker income). Factor rates start at 1.22 for the strongest profiles. Best for businesses and gig workers with $3K+ monthly deposits, 525+ credit, and a need for fast, flexible capital.
ByzFunder (ByzFunder NY LLC) is a New York-based direct funder founded in 2019 that has grown rapidly to become one of the more notable names in alternative small business financing, having funded $1.5B+ to 25,000+ businesses in the US. In May 2026, KBRA assigned preliminary ratings to a $165M asset securitization backed by ByzFunder's business loan and MCA receivables — a significant institutional milestone reflecting investor confidence in the quality of its receivables pool. Three products: revenue-based working capital advances up to $500K, term loan funding in eligible states, and ByzFlex — a flexible line-of-capital for qualified businesses with real-time balances and transparent pricing through a customer portal. No hard credit inquiry. 525+ credit accepted. Personal checking accounts accepted (including gig worker income). Factor rates start at 1.22 for the strongest profiles. Best for businesses and gig workers with $3K+ monthly deposits, 525+ credit, and a need for fast, flexible capital.
Gig-worker eligibility, a KBRA-rated securitization, ByzFlex line-of-capital, and named advisor support set ByzFunder apart in 2026.
ByzFunder is best suited to gig workers, freelancers, and credit-challenged businesses needing fast capital with minimal documentation barriers.
Cover a vehicle repair, license fee, or equipment purchase when you operate as a rideshare driver, delivery courier, or freelancer and no other lender will review your personal checking account.
Bridge a cash flow gap or cover payroll, rent, and operational costs when revenue timing creates a short-term shortfall.
Stock up for a high-demand period or capitalize on a supplier opportunity with same-day or next-day capital access.
Fund urgent repairs or unplanned expenses that directly impact your ability to operate and earn.
Businesses rebuilding after credit setbacks — 525+ FICO accepted, with deposit consistency as the primary qualification driver.
Qualified repeat clients access ByzFlex for ongoing working capital needs with real-time balance visibility and flexible draw capability.
All products start with a simple online application. A named advisor guides you through the offer and repayment structure.
Lump-sum advance repaid via daily or weekly ACH holdbacks. Factor rates 1.22–1.55 based on deposit consistency and credit profile. $3,000/month minimum deposits. 525+ credit.
Flexible line-of-capital for qualified ByzFunder clients. Real-time balance visibility through customer portal. Transparent pricing. Draw as needed rather than taking a single fixed advance.
Structured term loan product available in eligible states. Fixed repayment schedule. Not available nationwide — contact ByzFunder directly to confirm availability in your state.
Complete the simple online form. ByzFunder accepts personal checking accounts for gig workers and freelancers. Just $3,000/month in identifiable business deposits needed for the 3-month review window.
ByzFunder evaluates deposit consistency, deposit frequency, average daily balance, and identifiable business-related income. No hard credit pull. Soft check for identity and bankruptcy screening only.
Your ByzFunder advisor contacts you to review your advance amount, factor rate, total repayment, and payment schedule. Named advisors praised consistently in Trustpilot reviews.
Accept electronically. Same-day wire available for approved and complete applications submitted in the morning. Daily or weekly ACH holdbacks begin after funding.
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ByzFunder LLC
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Fundivi
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Fora Financial
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OnDeck
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Credibly
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Kapitus
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| Eligibility | ||||||
| Loan Amount | $5K – $1.5M | $10K – $5M | $5K – $1.5M | $5K – $400K | $5K – $600K | $10K – $5M |
| Time in Business | 6+ Months | 9+ Months | 6+ Months | 12+ Months | 6+ Months | 12+ Months |
| Monthly Revenue | $10K+ | $30K+ | $12K+ | $8,333+ | $15K+ | $21K+ |
| Min. Credit Score | None | None | 500 | 625+ | 500+ | 600+ |
| Loan Details | ||||||
| Funding Speed | Same Day | Same Day | 72 Hours | Same Day | 24 Hours | 24–48 Hours |
| Approval | 4 Hours | Within 3 Hours | — | — | 4 Hours | — |
| Rating | ||||||
| Rating | ||||||
| BBB Rating | A+ | A- | A+ | A+ | A+ | N/A |
| Apply Now | Apply | Apply | Apply | Apply | Apply | |
Yes. ByzFunder (operating as ByzFunder NY LLC) is a direct funder that originates and funds its own revenue-based financing, ByzFlex line-of-capital, and term loan products. Founded in 2019 and headquartered in New York. In May 2026, KBRA assigned preliminary ratings to a $165M ByzFunder securitization — confirming institutional-level operations.
Yes. ByzFunder explicitly accepts personal checking accounts and gig platform income (Uber, Lyft, DoorDash, Fiverr, etc.) as qualifying business revenue. Only $3,000 in identifiable business-related deposits per month is required. This is a genuine differentiator — most MCA providers require a dedicated business checking account.
ByzFunder accepts credit scores as low as 525. No hard credit inquiry is performed — ByzFunder uses a soft check for identity verification and bankruptcy screening only. Deposit consistency and volume are the primary underwriting factors.
Factor rates range from 1.22 to 1.55. A $50,000 advance at a 1.30 factor rate means you repay $65,000 total. The lowest rates go to businesses with consistent $30K+ monthly deposits and cleaner financial histories.
ByzFlex is ByzFunder’s line-of-capital product for qualified clients. Unlike a fixed advance, ByzFlex provides revolving access to capital with real-time balance visibility through the customer portal and transparent pricing per draw. More flexible than a standard MCA — best for businesses with recurring, variable capital needs rather than a single lump-sum requirement.
Yes, with an important note. ByzFunder is a legitimate, active direct funder with $1.5B+ funded and a KBRA-rated $165M securitization in 2026 confirming institutional credibility. However, BLIQ notes: (1) a 2024 data breach affecting 15,164 customers exposing SSNs and names; (2) a B+ BBB rating (not A+); and (3) aggressive collections practices documented in BBB complaints, including lawsuits in New York against defaulting borrowers. As with all MCA providers, understand the full repayment amount before signing.
ByzFunder is one of the most interesting entrants in the MCA/revenue-based financing market since 2019. A $165M KBRA-rated securitization in 2026, $1.5B+ funded, acceptance of gig worker income and personal checking, and the ByzFlex line-of-capital product place it meaningfully ahead of comparable MCA funders in terms of institutional credibility and product sophistication.
The tradeoffs are real: factor rates of 1.22–1.55 are high, a 2024 data breach affecting 15,164 customers is a legitimate concern, and ByzFunder pursues defaults aggressively in New York. Not available in 8 states. Always request the full total repayment figure before signing. For gig workers, sole proprietors, and businesses with 525+ credit that need fast capital and can't qualify elsewhere, ByzFunder is a legitimate and well-run option.
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