Everest Business Funding
Everest Business Funding is a US private lender founded in 2013 that provides revenue-based working capital financing of $5,000 to $2,000,000+ to small and medium businesses, distributed through a direct online channel and an ISO partner network of 1,800+ organizations.
- Company typePrivate
- Founded2013
- HeadquartersDoral, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Everest Business Funding does
Everest Business Funding is a US-based private financial services firm founded in 2013 that provides working capital financing to small and medium businesses. The company is headquartered in Florida (Doral/Miami) with an additional office at 102 W 38th Street in New York and a term-loans mailing address in Murray, Utah, and operates as Everest Business Funding LLC.
The company's core product is revenue-based financing, advancing $5,000 to $2,000,000+ to qualifying US businesses (minimum $5,000 monthly revenue, credit score above 500, active business checking account) with repayment tied to a percentage of daily or weekly revenue rather than fixed installments. A newer Business Term Loans product is currently offered to Texas-based businesses with stated plans to roll out to additional states. Underwriting is described as cash flow analysis rather than credit-score driven, and the company advertises approval-to-funding timelines of 24 hours or less. Supporting technology includes a real-time partner tracking dashboard, a REST API for system-to-system merchant submissions, and a Salesforce Management Package targeted at Lightning Experience users.
Revenue is generated on a transaction/take-rate basis from funded advances, distributed through two principal channels: a self-serve direct website application funnel and an ISO (Independent Sales Organization) partner network of 1,800+ independent sales organizations that has collectively facilitated over $3.4B in cumulative merchant funding. Target verticals include healthcare, trade and construction, retail, food and beverage, personal services, and seasonal businesses. The firm carries an A+ BBB rating and a 4.5/5 Trustpilot score across 1,026 reviews. Leadership disclosed in the data is limited to Tracy Parks, COO. The company has no disclosed equity funding rounds, parent company, or revenue figures.
Everest Business Funding firmographics
Firmographics- Name
- Everest Business Funding
- Legal name
- Everest Business Funding LLC
- Website
- http://everestbusinessfunding.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Everest Business Funding is a US private lender founded in 2013 that provides revenue-based working capital financing of $5,000 to $2,000,000+ to small and medium businesses, distributed through a direct online channel and an ISO partner network of 1,800+ organizations.
- Ownership category
- akta.pro rank
Everest Business Funding industry classification
Industry- Product category
- Small Business Lending / Alternative Business Financing
- NAICS
- Sales Financing (52222), Sales Financing (522220)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)
- akta.pro secondary industry
- Results-Based Financing (RBF) & Performance-Based Grants (BPADAOAF)
Keywords
Where Everest Business Funding is headquartered
LocationHeadquarters
- HQ city
- Doral
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Everest Business Funding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Marketing or Sales, Personnel, Operations, Technology or R&D, Others
Revenue model
- Revenue-Based Financing: Provides working capital financing repaid based on a percentage of daily or monthly business revenue. The flexible repayment model adjusts with revenue, allowing businesses to stay liquid without fixed payment stress. This is the primary revenue stream for the company.
- Business Term Loans: Offers upfront cash amounts repaid over set periods with fixed terms. Currently available for Texas-based businesses with plans to expand to more states.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Revenue-Based Financing: $5,000 to $2,000,000+ funding based on business performance |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Everest Business Funding product offering
Product offeringCore offering
Everest Business Funding provides revenue-based financing ($5,000 to $2,000,000+) and business term loans to U.S. small and mid-sized businesses, with approval decisions based on business cash flow rather than credit scores. Funding can be deployed in as little as 24 hours, and repayment is structured either as a percentage of daily/monthly revenue or via fixed-term amortization for term loans. The products are distributed both directly via the company website and through a network of 1,800+ Independent Sales Organization (ISO) partners.
Product overview
Everest Business Funding offers a portfolio of business financing products centered around revenue-based financing (ranging from $5,000 to $2,000,000) and business term loans for Texas businesses, supported by an ISO Partner Program that enables independent sales organizations to distribute these funding products.
Differentiator
Problem solved
Functional benefit
Products and services
- Revenue-Based Financing (Merchant Cash Advance) Working capital product providing $5,000 to $2,000,000+ to U.S. small and mid-sized businesses, underwritten on business cash flow rather than credit scores. Repayment is structured as a percentage of daily or monthly business revenue, allowing payments to flex with the borrower's cash flow. Funding can be deployed in as little as 24 hours. Available to U.S. businesses with at least $5,000 in monthly revenue and a credit score above 500; startups, personal accounts, mortgages, and grants are excluded.
- Business Term Loans Fixed-term business loan product providing upfront capital repaid over a set period with fixed amortization terms, offered as a complement to revenue-based financing for borrowers who prefer traditional loan structure. Currently offered to Texas-based small and mid-sized businesses as the initial launch market, with planned geographic expansion.
Quantifiable outcome
- Funding in as little as 24 hours
- +3 more outcomes
Companies that use Everest Business Funding
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles2 records
Everest Business Funding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Everest Business Funding partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ISO Partner NetworkcoreExtensive network of 1,800+ Independent Sales Organizations (ISOs) who refer merchants to Everest Business Funding. Partners earn industry-leading commissions on new deals with renewals paid on the full amount. The program includes real-time tracking dashboard, dedicated support, marketing resources, and API integration capabilities for seamless deal submissions.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Everest Business Funding competitors and assessment
Company assessmentDirect peers
- OnDeck (now Enova): Online SMB lender offering term loans and lines of credit to small businesses in the US. Closely comparable business model, customer segment, and revenue-based/short-term financing orientation as Everest.
- BlueVine: Provides working capital, lines of credit, and term loans to SMBs. Competes directly with Everest in the SMB financing segment with a similar online, fast-approval positioning.
- Fundbox: Offers working capital and lines of credit to SMBs, with underwriting that emphasizes cash flow and invoice data. Direct competitor targeting the same underbanked SMB customer.
- CAN Capital: Long-standing merchant cash advance and small business financing provider. Directly comparable product mix (MCA + term loans) and SMB customer focus.
- Credibly: Provides working capital solutions, business loans, and lines of credit to SMBs. Comparable product set and customer base, with similar cash-flow-based underwriting.
- National Funding: Offers small business loans, merchant cash advances, and equipment financing. Direct peer in the SMB alternative lending space with overlapping channel and product strategy.
- Lendio: SMB loan marketplace connecting small businesses to multiple lenders. Comparable SMB customer focus and product positioning; competes for the same end-borrower.
- Kapitus: Provides working capital, SBA loans, and factoring to SMBs. Similar customer segment and product mix, including revenue-based financing alternatives.
Broad incumbents
- Funding Circle: Public-market SMB lending platform. While larger and broader, it competes in the same SMB working capital category as Everest with similar underwriting principles.
- American Express Kabbage (Kabbage from AmEx): SMB lines of credit and checking products from American Express. Comparable SMB lending offering, but backed by a much larger parent with broader customer reach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Everest Business Funding social profiles
Digital presenceEverest Business Funding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Everest Business Funding leadership team
Management profileNumber of profiles
Profiles1 record
Everest Business Funding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Everest Business Funding 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 Everest Business Funding
What does Everest Business Funding do?
Everest Business Funding provides revenue-based financing ($5,000 to $2,000,000+) and business term loans to U.S. small and mid-sized businesses, with approval decisions based on business cash flow rather than credit scores. Funding can be deployed in as little as 24 hours, and repayment is structured either as a percentage of daily/monthly revenue or via fixed-term amortization for term loans. The products are distributed both directly via the company website and through a network of 1,800+ Independent Sales Organization (ISO) partners.
Is Everest Business Funding a public or private company?
Everest Business Funding is a private company. It is classified as unknown and is currently operating.
When was Everest Business Funding founded?
Everest Business Funding was founded in 2013. It employs 51 to 100 people.
Where is Everest Business Funding based?
Everest Business Funding is headquartered in Doral, United States, in the North America region.
How does Everest Business Funding make money?
Two revenue lines are on record. Revenue-Based Financing is the primary driver. The others are business Term Loans.
Who are Everest Business Funding's main competitors?
Direct peers on record are OnDeck (now Enova), BlueVine, Fundbox, CAN Capital, Credibly, National Funding, Lendio and Kapitus. Broad incumbents are Funding Circle and American Express Kabbage (Kabbage from AmEx).
Does Everest Business Funding have an API?
Yes. Built for flexibility and reliability, our REST API makes integration simple and scalable.
What industry is Everest Business Funding in?
Everest Business Funding's product category is Small Business Lending / Alternative Business Financing. Its primary akta.pro industry code is BPADAOAB, Grantmaking & Philanthropic Funds (Institutional Donors), with a secondary code of BPADAOAF, Results-Based Financing (RBF) & Performance-Based Grants. Its NAICS code is 52222 and its SIC code is 6153.