FundKite

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.

Name

FundKite

Legal name

AKF INC

Website

https://fundkite.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 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

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

• Revenue-based financing
• Merchant cash advance
• Small business funding
• Working capital loans
• Business expansion loans

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core 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

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• Xx.com/fund_kite
• Facebookfacebook.com/FundKite
• LinkedInlinkedin.com/company/fundkite
• Instagraminstagram.com/fundkite

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FundKite