FundKite
FundKite is a U.S. direct funder providing revenue-based financing and merchant cash advances to small and medium-sized businesses across 300+ industries, with funding offers from $10,000 to $2,000,000 repaid as a percentage of gross sales.
- Company typePrivate
- Founded2015
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FundKite does
FundKite, operating as AKF INC, is a U.S.-based revenue-based financing provider founded in 2015 that delivers working capital to small and medium-sized businesses across more than 300 industries. The company's core product purchases future receivables from businesses at a percentage of gross sales, with no fixed monthly payments, no interest rates, and no prepayment penalties; repayment amounts automatically scale with revenue fluctuations. Qualification thresholds are intentionally below bank standards: six months in business, $10,000+ monthly revenue, and a 550+ credit score, with a soft credit check applied at application.
The platform is powered by proprietary underwriting algorithms and real-time reconciliation technology, supplemented by integrations with Plaid and Decision Logic for secure bank-data retrieval. FundKite reports it has processed more than 200,000 applications and extended $980,000,000 in funding offers across all 50 U.S. states. Beyond its core revenue-based financing product, the company offers adjacent services including merchant cash advance syndication for investors, merchant processing solutions, and a deep catalog of industry-specific funding verticals (HVAC, oilfield, security services, janitorial, dental, restaurants, e-commerce, healthcare, construction, and more). A January 2026 launch of a Revenue-Based Finance product tailored to HVAC contractors exemplifies its vertical specialization strategy.
Distribution is hybrid: SMBs apply directly through a self-service online platform supported by an inside sales team, while a channel partner network of accountants, ISO brokers, MCA brokers, and merchant processors originates deals. FundKite monetizes via transaction fees embedded in the receivables purchase rather than interest rates, with funding sizes ranging from $10,000 to $2,000,000 and terms up to 220 business days. The company is led by CEO Alex Shvarts, holds a BBB A+ rating, and operates with a lean team of 11-50 employees across offices in Miami and New York.
FundKite firmographics
Firmographics- Name
- FundKite
- Legal name
- AKF INC
- Website
- https://fundkite.com/
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FundKite is a U.S. direct funder providing revenue-based financing and merchant cash advances to small and medium-sized businesses across 300+ industries, with funding offers from $10,000 to $2,000,000 repaid as a percentage of gross sales.
- Ownership category
- akta.pro rank
FundKite industry classification
Industry- Product category
- Alternative Small Business Lending
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)
- akta.pro secondary industries
- Merchant Cash Advance & Revenue-Based Financing Enablement (FSAGALAH), Revenue-Based Financing (RBF) Providers (FSANAIAF)
Keywords
Where FundKite is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
FundKite business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Revenue-Based Financing / MCA: FundKite purchases future receivables from businesses at a percentage of their gross sales. Unlike traditional loans, there are no interest rates or fixed monthly payments. Repayments are calculated as a specified percentage of sales and are debited daily, weekly, or monthly. This model eliminates cashflow pressure during slower seasons as payments automatically adjust with revenue fluctuations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Revenue-Based Financing: $10K - $2M funding range |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
FundKite product offering
Product offeringCore offering
FundKite provides revenue-based financing and merchant cash advances to small and medium-sized U.S. businesses across 300+ industries. The company purchases future receivables at a percentage of gross sales, with automated daily, weekly, or monthly repayments that flex with revenue. Funding ranges from $10,000 to $2,000,000, with approvals in as little as 4 hours and funding within 24–48 hours, no collateral required, and credit scores as low as 550 accepted.
Product overview
FundKite is a revenue-based business funding platform that provides fast, flexible financing to small and medium-sized businesses across 300+ industries. The core product is Revenue-Based Financing where repayments are structured as a percentage of gross sales that automatically adjust with business revenue fluctuations. The platform offers multiple funding products including Merchant Processing Solutions, MCA for Investors (syndication), E-Commerce Funding, Business Expansion Loans, Fast Business Loans, Working Capital, Small Business Loans, Business Cashflow Loans, and Payroll Loans. FundKite also provides industry-specific funding programs for sectors such as HVAC, Janitorial/Commercial Cleaning, Oilfield Services, Security Services, Construction, Restaurants, Retail, Healthcare, and many others. All products feature rapid approvals (as fast as 4 hours), funding within 24-48 hours, and revenue-based repayment models without fixed monthly payments or collateral requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- Revenue-Based Financing FundKite's primary offering providing fast business funding with repayment structured as a percentage of gross sales, automatically adjusting with revenue fluctuations to protect cash flow during slower periods. Available to U.S. SMBs across 300+ industries.
- Merchant Processing Solutions Payment processing services enabling merchants to accept and manage customer transactions, offered alongside FundKite's financing products.
- MCA for Investors (MCA Syndication) Merchant Cash Advance syndication program that allows investors to participate in funding small businesses originated through FundKite's platform.
- E-Commerce Funding Revenue-based business funding tailored to e-commerce companies and online retailers for inventory, marketing, and operational scaling.
- Business Expansion Loans Financing solutions for businesses looking to expand operations, open new locations, or scale their business.
- Fast Business Loans Quick access to capital with fast approvals for urgent business funding needs.
- Working Capital Loans Funding to cover day-to-day operational expenses and manage cash flow gaps.
- Small Business Loan Alternatives Loan alternatives for small businesses that may not qualify for traditional bank financing.
- Business Cashflow Loans Funding solutions designed to help businesses manage and improve cash flow.
- Payroll Loans Financing to cover payroll expenses and maintain workforce during cash flow challenges.
- HVAC Business Loans Revenue-based financing specifically designed for HVAC contractors, with repayment structured as a percentage of gross sales that automatically adjusts with seasonal revenue fluctuations.
- Janitorial & Commercial Cleaning Business Funding Funding for janitorial and commercial cleaning businesses, including invoice-based financing (accounts receivable financing) and working capital solutions.
- Oilfield Financing Financing solutions for oilfield service companies including drilling, exploration, rig construction, and natural gas support firms.
- Security Service Provider Financing Funding solutions for security service providers including accounts receivable financing to convert outstanding invoices into immediate working capital.
Quantifiable outcome
- 4-hour approval time vs weeks for traditional bank loans
- +2 more outcomes
Companies that use FundKite
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
FundKite technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
FundKite partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
FundKite competitors and assessment
Company assessmentDirect peers
- OnDeck (now Enova): OnDeck is one of the largest online SMB lenders offering term loans and lines of credit to small businesses, using revenue-based underwriting and automated decisioning — directly comparable to FundKite's SMB revenue-based financing model, with much larger scale and institutional backing.
- BlueVine: BlueVine provides working capital, invoice factoring, and lines of credit to SMBs with rapid online approval and revenue-based underwriting — a direct competitor to FundKite's core revenue-based financing product targeting similar SMB segments.
- Fundbox: Fundbox offers SMBs short-term working capital advances and lines of credit repaid via percentage of revenue or receivables, using automated underwriting — a closely analogous product to FundKite's revenue-based financing model with the same SMB target customer.
- Credibly: Credibly provides working capital loans, merchant cash advances, and lines of credit to SMBs across multiple industries, with revenue-based repayment — directly comparable to FundKite's product mix, target customer profile, and direct-funder distribution model.
- Fora Financial: Fora Financial is a direct funder of working capital and merchant cash advances to SMBs, offering funding up to ~$2M with revenue-based repayment and industry-specific programs — highly comparable to FundKite in product structure, ticket size, and target verticals.
- National Funding: National Funding provides working capital loans, merchant cash advances, and equipment financing to SMBs with revenue-based underwriting — overlapping directly with FundKite's core products, customer segments, and direct-to-SMB distribution.
- Lendio: Lendio operates a marketplace connecting SMBs to multiple funding products including MCA and term loans from a network of lenders — comparable to FundKite in SMB target customer, though Lendio operates as a marketplace rather than a direct funder.
- GoCapital / Mulligan Funding: Mulligan Funding provides working capital and merchant cash advances to SMBs with revenue-based repayment and industry-specific programs — directly comparable to FundKite's product offering, customer profile, and direct-funder approach.
- Can Capital: Can Capital is a longstanding direct funder of working capital advances and small business loans to SMBs using revenue-based underwriting — a long-tenured MCA peer comparable to FundKite's core product and customer segment.
Broad incumbents
- Kabbage (American Express): Kabbage, acquired by American Express, provides SMB lines of credit and working capital based on real-time cash flow data, formerly a leading online MCA/lender — now a broad-incumbent bank-backed competitor to FundKite in SMB revenue-based financing.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
FundKite social profiles
Digital presenceFundKite compliance and trust
Trust signalCompliance1 record
FundKite financial estimates
Financial estimateRevenue estimate
Valuation estimate
FundKite leadership team
Management profileNumber of profiles
Profiles3 records
FundKite funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FundKite M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FundKite
What does FundKite do?
FundKite provides revenue-based financing and merchant cash advances to small and medium-sized U.S. businesses across 300+ industries. The company purchases future receivables at a percentage of gross sales, with automated daily, weekly, or monthly repayments that flex with revenue. Funding ranges from $10,000 to $2,000,000, with approvals in as little as 4 hours and funding within 24–48 hours, no collateral required, and credit scores as low as 550 accepted.
Is FundKite a public or private company?
FundKite is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FundKite founded?
FundKite was founded in 2015. It employs 11 to 50 people.
Where is FundKite based?
FundKite is headquartered in New York, United States, in the North America region.
How does FundKite make money?
One revenue line is on record: revenue-Based Financing / MCA.
Who are FundKite's main competitors?
Direct peers on record are OnDeck (now Enova), BlueVine, Fundbox, Credibly, Fora Financial, National Funding, Lendio, GoCapital / Mulligan Funding and Can Capital. Kabbage (American Express) is listed as a broad incumbent.
Does FundKite have an API?
No public API is recorded for FundKite.
What industry is FundKite in?
FundKite's product category is Alternative Small Business Lending. Its primary akta.pro industry code is FSAKAGAD, Merchant Cash Advance (MCA) & Revenue-Based Financing, with a secondary code of FSAGALAH, Merchant Cash Advance & Revenue-Based Financing Enablement. Its NAICS code is 52222 and its SIC code is 6153.