Advance Funds Network
- Company typePrivate
- Founded2007
- HeadquartersBrooklyn, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Advance Funds Network firmographics
Firmographics- Name
- Advance Funds Network
- Legal name
- Advance Funds Network LLC
- Website
- https://advancefundsnetwork.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Advance Funds Network industry classification
Industry- Product category
- Alternative Small Business Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163), Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)
Keywords
Where Advance Funds Network is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Advance Funds Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Funding Origination & Servicing: AFN earns revenue by facilitating business loans and funding products. The company acts as a referral network connecting small businesses with funding from its network of lenders and through its own direct funding subsidiaries. Revenue comes from spreads on funded deals and fees from the funding products offered.
- Partner Revenue Share: Partners (brokers, ISOs, consultants) who bring complete funding applications earn a revenue split on every funded deal, with top partners receiving up to 50% of net revenue
- Affiliate Lead Generation: Affiliates earn $150+ per qualified lead when they refer businesses interested in funding but not yet ready to complete applications. Leads become billable within 48 hours of verification
- Referral Program: Individual referral program pays $500 when a referred business is approved for funding, and an additional $500 when they complete funding. One reward per business, unlimited referrals
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Partner Program - Revenue Split |
| Transaction based/ take rate | Pay-as-you-go | Affiliate Program - Per Lead |
| Transaction based/ take rate | Pay-as-you-go | Individual Referral Program |
| Other | Monthly | Business Funding Products |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Advance Funds Network product offering
Product offeringCore offering
Advance Funds Network provides alternative business financing to small and medium-sized businesses across the USA and Canada. Its core offering is a portfolio of seven funding products — SBA loans, term loans, business lines of credit, working capital loans, merchant cash advances, debt consolidation loans, and equipment financing — originated through a digital platform that delivers approvals in minutes and same-day funding. The company complements direct origination with a partner and affiliate referral network that distributes its funding products through brokers, ISOs, consultants, and online marketers.
Product overview
Advance Funds Network is a financial services platform providing flexible business funding solutions to small and medium-sized businesses across the USA and Canada. The core product portfolio consists of seven distinct funding products: SBA Loans, Business Term Loans, Business Line of Credit, Working Capital Loans, Merchant Cash Advance, Consolidation Loan, and Equipment Financing. The platform connects businesses with appropriate funding options through a streamlined application process with same-day funding capabilities. In addition to direct funding products, AFN offers two referral-based programs: the Partner Program for brokers and consultants who earn revenue splits on funded deals, and the Affiliate Program for marketers who earn per-lead commissions using provided tracking tools and an API integration. The overall architecture is a unified platform with direct funding products as the primary offering, supplemented by partner and affiliate referral networks that extend market reach.
Differentiator
Problem solved
Functional benefit
Products and services
- SBA Loans Small Business Administration loans providing government-backed financing for qualified small businesses with competitive rates and terms, sourced through AFN's network of lenders and funders.
- Business Term Loans Fixed-sum lump sum funding repaid over a predetermined period with scheduled payments at 5-30% APR, suitable for large one-time expenses such as equipment purchases or expansion. Funding in as little as 4 hours, with no prepayment penalties on term loans.
- Business Line of Credit Revolving credit facility allowing businesses to draw funds up to a predetermined limit as needed, paying interest only on amounts used at 8-24% simple interest, for flexible access to handle sudden costs.
- Working Capital Loans Short-term financing covering everyday operational expenses such as payroll, rent, utilities, and inventory to maintain sufficient cash flow. Same-day funding available with minimal documentation.
- Merchant Cash Advance Lump sum capital advanced in exchange for a percentage of future sales revenue, with repayment through daily or weekly deductions aligned with business cash flow. Includes true-up protections for MCAs.
- Business Debt Consolidation Loan Debt consolidation program combining multiple business debts into a single loan with one payment to simplify financial management for SMBs.
- Equipment Financing Financing for purchasing equipment using the equipment itself as collateral, with loan amounts up to $1 million, repayment terms of 1-5 years, and APR of 6.5-34%.
- Partner Program Revenue-sharing referral program for brokers, ISOs, consultants, and advisors with direct business owner relationships; partners earn up to 50% of net revenue on every funded deal, with white-label resources, real-time tracking, and dedicated support.
- Affiliate Program Lead-generation referral program for marketers, publishers, and content creators; affiliates earn $150+ per qualified lead using tracking links, landing pages, embedded iFrame forms, and REST API integration, with payouts via ACH.
Quantifiable outcome
- Some clients receive funds in as little as 4 hours and 11 minutes
- +2 more outcomes
Companies that use Advance Funds Network
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Advance Funds Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Advance Funds Network partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Advance Funds Network competitors and assessment
Company assessmentDirect peers
- Lendio: Lendio operates a similar SMB loan marketplace/referral network connecting small businesses with multiple lenders across term loans, lines of credit, MCA, and SBA products. Most directly comparable to AFN's referral model and partner-program economics.
- CAN Capital: Long-standing provider of working capital loans and merchant cash advances to SMBs, including through a broker/ISO channel. Closely comparable product mix and target customer to AFN, particularly on the MCA side.
- Rapid Finance: Rapid Finance provides SMB funding through MCAs, term loans, and lines of credit, with a strong partner/ISO distribution channel. Operates a near-identical business model and customer profile to AFN.
- OnDeck: OnDeck offers term loans and lines of credit to SMBs via a technology-led underwriting platform. Comparable on product (short-term SMB loans) and target segment, though more technology/brand-driven and less broker-driven than AFN.
- BlueVine: BlueVine provides SMB lines of credit, invoice factoring, and term loans through a digital-first platform. Overlaps with AFN on lines of credit and working-capital products for small businesses.
- Fundbox: Fundbox provides short-term working capital and lines of credit to SMBs, often embedded in accounting platforms. Comparable on small-dollar working-capital products and SMB target market.
- National Funding: National Funding offers SMB loans, equipment financing, and working capital through a direct and partner-driven model. Closely mirrors AFN's mix of equipment financing and short-term SMB capital.
- Kapitus: Kapitus provides working capital, SBA loans, and equipment financing to SMBs through both direct and partner channels. Comparable product breadth and SMB customer base to AFN.
- Fora Financial: Fora Financial provides merchant cash advances and working capital to SMBs, with a strong broker/ISO channel. Direct competitor to AFN's MCA and short-term working-capital offerings.
Emerging players
- StreetShares (now part of Mission Lane): StreetShares specialized in SBA loans and term loans for SMBs (including veteran-owned businesses). Partial overlap with AFN's SBA product but with a more focused, mission-driven customer base.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Advance Funds Network social profiles
Digital presenceAdvance Funds Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Advance Funds Network leadership team
Management profileNumber of profiles
Profiles11 records
Advance Funds Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Advance Funds Network 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 Advance Funds Network
What does Advance Funds Network do?
Advance Funds Network provides alternative business financing to small and medium-sized businesses across the USA and Canada. Its core offering is a portfolio of seven funding products — SBA loans, term loans, business lines of credit, working capital loans, merchant cash advances, debt consolidation loans, and equipment financing — originated through a digital platform that delivers approvals in minutes and same-day funding. The company complements direct origination with a partner and affiliate referral network that distributes its funding products through brokers, ISOs, consultants, and online marketers.
Is Advance Funds Network a public or private company?
Advance Funds Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Advance Funds Network founded?
Advance Funds Network was founded in 2007. It employs 51 to 100 people.
Where is Advance Funds Network based?
Advance Funds Network is headquartered in Brooklyn, United States, in the North America region.
How does Advance Funds Network make money?
Four revenue lines are on record. Funding Origination & Servicing is the primary driver. The others are partner Revenue Share, affiliate Lead Generation and referral Program.
Who are Advance Funds Network's main competitors?
Direct peers on record are Lendio, CAN Capital, Rapid Finance, OnDeck, BlueVine, Fundbox, National Funding, Kapitus and Fora Financial. StreetShares (now part of Mission Lane) is listed as an emerging player.
Does Advance Funds Network have an API?
Yes. REST API for real-time lead submission with ad campaign tracking. Supports: secure lead submission using industry-standard encryption; instant validation and qualification feedback; lead status tracking throughout the funding process; detailed reporting on conversion metrics. Available to affiliate partners for integrating lead generation into existing systems. Developer documentation is at affiliate.advancefundsnetwork.com.
What industry is Advance Funds Network in?
Advance Funds Network's product category is Alternative Small Business Lending. Its primary akta.pro industry code is FSAKAGAD, Merchant Cash Advance (MCA) & Revenue-Based Financing. Its NAICS code is 52231 and its SIC code is 6163.