LoanBuilder, A PayPal Service is a business loan company serviced by Swift Financial LLC, which was established in 2008 with a goal to provide small businesses quick access to funding. LoanBuilder's mission is to help businesses design loans that fit their unique needs and get approved based on how they manage their business.

In 2017, PayPal acquired Swift Financial to help continue to fuel the dreams of more small businesses, making it simple for LoanBuilder borrowers to open a PayPal Business account and further drive their business (though it's not required to have a PayPal Business account in order to borrow from LoanBuilder).

The Good

  • Reasonable Fixed Fee
  • Simple Application Process
  • Ability to Explore Estimated Offers Without Impacting Credit Scores
  • Wide Range of Loan Amounts
  • Various Loan Repayment Terms
  • Quick Funding Time
  • National Coverage
  • Service for Multiple Different Industries
  • Automatic Payments
  • LoanBuilder Reviews 

Reasonable Fixed Fee 

LoanBuilder, A PayPal Service has a one-time, fixed-fee cost that is designed to work with businesses. There is no origination fee, prepayment fee, stacking fee, or other hidden fees.

On the LoanBuilder website, borrowers can choose their amount on the company’s Loan Configurator and view their repayment in total terms as well as weekly payments. This process will not affect the borrower’s personal credit.

Simple Application Process

In order to determine eligibility for LoanBuilder's small business loans, business owners simply need to fill out a 5- to 10-minute questionnaire online or contact one of LoanBuilder's Business Funding Experts by phone.

Once the questionnaire is complete, estimated loan terms can be customized by adjusting the loan amount and duration to compare the costs of financing.

After applicants have selected their desired terms and finished the loan application, they will be emailed and prompted to electronically sign the contract if approved.

Ability to Explore Estimated Offers Without Impacting Credit Scores

Completing the questionnaire will assess the applicant's eligibility, allow them to review estimated offers for business loans if eligible, and will not impact their credit score.

However, should a borrower decide to complete the loan application process, credit checks and other public records checks will be performed, which may impact their credit score.

Wide Range of Loan Amounts

With LoanBuilder, loan amounts range from $5,000 to $500,000, depending on your business's eligibility.

One of the lender's Business Funding Experts can assess your business's eligibility within minutes, and if eligible, review with you your estimated loan terms and work with you to help you build the right loan for your unique business and situation.

Various Loan Repayment Terms

Because LoanBuilder wants borrowers to build a loan that works for their business, the company offers short-term loans with repayment options ranging from 13 to 52 weeks.

Business owners who need lower payments are encouraged to select a longer loan term, while those who want a lower fixed fee are advised to select a shorter loan term.

Quick Funding Time

If approved, the loan funds are transferred by the lender directly into the business's bank account.

Funding can be as fast as the next business day if documents are in and the loan is approved by 5 p.m. ET, Monday through Friday (excluding bank holidays), making the process quick and convenient for borrowers.

National Coverage

LoanBuilder offers small business loan options to customers in all 50 states and Washington D.C. 

Service for Multiple Different Industries

LoanBuilder provides short-term financing to businesses in more than 500 different industries. However, business loans are not available through LoanBuilder to businesses in the following industries:

  • Agents and managers for artists, athletes, entertainers, and other public figures
  • Any businesses in public administration
  • Attorneys
  • Business and professional associations
  • Civic and social organizations
  • Collection agencies
  • Credit bureaus
  • Elementary and secondary schools, and junior colleges
  • Environmental, conservation, and wildlife organizations
  • Financial services
  • Gambling and related businesses
  • Grant making foundations
  • Gun stores
  • Holding companies and management companies (without subsidiaries included)
  • Human rights organizations
  • Independent artists, writers, and performers
  • Labor and political organizations
  • Manufactured (Mobile) Home Dealers
  • New and used automobile, ATV, RV, personal watercraft, boat, and motorcycle dealers
  • Non-profit organizations
  • Religious organizations
  • Voluntary health organizations

Automatic Payments

To make things simple and hassle-free for business owners, weekly payments for LoanBuilder loans are withdrawn from the business's bank account automatically. Borrowers have the ability to provide account information and select their preferred payment day when they sign the contract.

Monthly payments do not appear to be an option for the term loans provided by LoanBuilder.

LoanBuilder Reviews

The majority of LoanBuilder reviews are positive and highlight an exceptional lending experience, satisfactory rates, and professional and friendly customer service. Overall, the customer experience notes that LoanBuilder is a trustworthy company with competitive small business loans. 

Visit Site

The Bad

  • Eligibility Requirements
  • Personal Guarantee Necessary
  • Prepayment Stipulations
  • Limited Customer Service

Eligibility Requirements

With LoanBuilder, a borrower's eligibility and loan offer are based on an overall assessment of their business's health. The short-term lending company also evaluates the credit history of the business owner and the business to determine approvability, the loan amount, and pricing. Minimally, a company must have been in business for at least 9 months, generate at least $42,000 in total annual revenue, not have any active bankruptcies, and be located within the 50 United States or DC. The business owner applying for the loan must have a FICO credit score of at least 550.

Personal Guarantee Necessary

As is common with many lenders, LoanBuilder requires a personal guarantee, which is a signed promise to pay back the loan if the business defaults and puts all of the business owner's personal assets on the line that aren’t protected by law from creditors, in order to provide a business loan. A personal guarantee is different from collateral in that collateral is a specific asset or assets that the business owner pledges as security for a loan if the business defaults.

Prepayment Stipulations

A business loan from LoanBuilder can be paid off at any time, but the full fee based on the original term of the loan is applied and is due at the time of the payoff.

Limited Customer Service

If potential, current, or past borrowers want to know more or have questions for LoanBuilder, they will need to contact the lender over the phone or through email, as there is no live chat feature on the company's website.

The Bottom Line

If you're in the market for a small business loan and are considering alternative lenders, LoanBuilder is a solid option. The company offers single fixed fee pricing, a wide range of loan amounts, and a variety of short-term loan repayment terms to business owners nationwide. The lender does not charge an origination fee, prepayment fee, stacking fee, or any other hidden fees. Additionally, LoanBuilder's application process is simple and funding can be obtained as soon as the next business day.

*The lender transfers funds to your business's bank account as fast as the next business day if the lender has received the documents the lender asked for and approved the loan by 5:00 p.m. Eastern Time, Monday through Friday (excluding bank holidays).

Why Can I Trust Bestcompany.com arrow_drop_down

User Reviews

Star Rating

4.4
starstarstarstarstar_half

259 Reviews

Review Breakdown

5 star
72%
4 star
14%
3 star
3%
2 star
5%
1 star
7%

Sentiment Criteria

Value for your money
starstarstarstarstar_half
Quality of product or service
starstarstarstarstar_half
Customer service
starstarstarstarstar_half
Company trustworthiness
starstarstarstarstar_half
search cancel
starstarstarstarstar_border

Leisha Smith

January 15th, 2020 Farmville, NC DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

I have been very pleased with this company is was my first time ever doing anything like this they were very assuring as i was quite scared about doing this type of transaction thank you again I hope to be able to borrow money again in the near future!

starstarstarstarstar_border

Joe

January 9th, 2020 East Meadow, NY DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Easy access to cash with competitive rates. Loan approval process was fast and efficient. Just wish they had more 'payback' options. Keep up the Good work :-)

history
starstar_borderstar_borderstar_borderstar_border

Chad

January 9th, 2020 Yorkville, IL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstar_borderstar_borderstar_borderstar_border
Company trustworthiness
starstar_borderstar_borderstar_borderstar_border

I recieved a loan from loan builder in 2018, paid off in 2019. the placed a ucc filing on my business due to the amount of the loan which I completely understand. Although when the loan got paid off they never removed the filing and will not return any phone calls or emails. This has hurt me regarding getting other financial opportunities. I don't know that if they would give me a loan I would accept it due to no response.

history
starstarstarstarstar

Muhammad Butt

January 8th, 2020 Niles, IL

Excellent company and rapid procedure to approve loan and very satisfied with their services. I would say best company in country.

Verified Customer

starstarstarstarstar

Stephen Varrieur

January 6th, 2020 Oviedo, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Quick and easy to work with. Great communication as well

starstarstar_borderstar_borderstar_border

paul grauber

December 18th, 2019 Levittown, PA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstarstarstarstar_border
Company trustworthiness
starstar_borderstar_borderstar_borderstar_border

The people are very nice, turn around time is awesome. We've had four loans with loan builder and were very happy. Why the two star. The negatives far outweigh the positives. The loans are very short time 12 months. I understand they offer an 18 month, but your credit score must be 750 or better. During our last loan we borrowed around 51,000, our payment was 980.00 a WEEK. It was doable and we managed fine. After paying two thirds of the loan off, our balance was around 16,000 we asked to refinance the remaining balance and were refused without reason. This left such a bad taste in our mouths, we won't ever use this company again.

LoanBuilder Logo

Reply from LoanBuilder

Dec 18, 2019

Paul, I'm sorry for your experience. If you would like information regarding your application or future loan availability, please contact us at 1-800-347-5626. Jamie

Verified Customer

starstarstarstarstar

Yvonne

December 16th, 2019 La Crosse, WI DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar

Easy as can be - transparent etc - Working well for us

Verified Customer

starstarstarstarstar

Greg Kuzniewski, Jr.

December 12th, 2019 Arlington, VA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Great to work with all the way around, and when I have an issue or a problem, due to incoming receivables (as we are a small business here at KCW, they are always willing to work with me). When no one else would give me a substantial loan (not even my own bank and we have revenues in excess of seven figures), they were there for me. I HIGHLY recommend them... all day long. They are top-notch professionals who sincerely want to help you and your business grow. Thank you, PayPayl LoanBuilder!!!!! Happy Holidays, Happy Hanukkah, and Merry Christmas! - Greg Kuzniewski, Founder and CEO, KCW Design Group, LLC

Verified Customer

starstarstarstarstar

Bill Godfrey

December 5th, 2019 Johnson City, TN DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

They were fast and very fair in their decision to assist my company with the funding I needed.

Verified Customer

starstarstarstarstar_border

Marialexandra

December 4th, 2019 Miami, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar_border
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar_border

LoanBuilder has been easy, virtually seamless. The only concern or comment is it is very expensive compared to other business loans.

starstarstarstarstar

Gregory Duke

December 4th, 2019 Franklin, TN

Loanbuilder was swift, friendly, and professional with my business loan.

Verified Customer

starstarstarstarstar_border

Stanley Dean

November 8th, 2019 McCall, ID DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar_border
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar_border

I was able to secure a ioan with minimum of effortl

Verified Customer

starstarstarstarstar

Maurice Samuels

October 30th, 2019 Charleston, SC DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

This was easy and fast and what I like most was everything was up front fees and intrest. So you know from the start what your getting into.

Verified Customer

starstarstarstarstar

Rob

October 16th, 2019 Middleburg, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

We needed a loan for our business so we called LoanBuilder to help us out. We received friendly, fast and accurate information regarding the loan process. Once we agreed to move forward with the actual loan process everything the loan advisor described to us would happen actually happened. We had the money in our account the very next day. We are extremely pleased with the experience we have had with LoanBuilder so far and will definitely be using them again in the future for our loan needs.

Verified Customer

starstarstarstarstar

Carlos Calderon

September 30th, 2019 Phoenix, AZ DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar_border

Help me a lot to take care my business with affordable payment’s. Thanks guys !!

Verified Customer

starstarstarstarstar

Roger Chase

September 25th, 2019 Johnson City, TN DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Fast, easy and great rates. A great help when you have just landed a large project and need extra cash to get you through until you get paid.

starstarstarstarstar

Lester Gonzalez

September 23rd, 2019 Cicero, IL

Thank you guys for all help , easy transition at right moment

Verified Customer

starstarstarstarstar

Michael Cook

September 18th, 2019 Springfield, MO DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Easy to use and friendly people to work with

Verified Customer

starstarstarstarstar

Teresa L Wyatt

September 18th, 2019 Whitney, TX DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Needed a simple process loan - the easiest loan I have ever gotten for my business! Amazing!

Verified Customer

starstarstarstar_borderstar_border

ANGELO

September 18th, 2019 Los Angeles, CA DETAILS arrow_drop_down
Value for your money
starstarstarstar_borderstar_border
Quality of product or service
starstarstarstarstar_border
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstar_borderstar_border

SUGGESTION: WEEKLY RECORD OF STATEMENTS MUST BE POSTED AND ACCESSED; WAS ONLY PROVIDED AN UPDATE AFTER PAYING 25% OF THE LOAN; ALSO, YOU MUST PROVIDE THE TRUE INTEREST RATE OF THE LOAN AND ALLOW CLIENTS TO PAY EARLY BASED ON THE PRINCIPAL. THE WEEKLY PAYMENT SCHEDULE WAS DIFFICULT FOR ME... THE MONTHLY PAYMENT SCHEDULE IS BETTER.

Verified Customer

starstarstarstarstar

camillo Papa

September 17th, 2019 Point Pleasant Beach, NJ DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Love this loan and the ease of using it the set up and execution

starstarstarstarstar

Sean

September 17th, 2019 Bremerton, WA

Good company. Be sure to have all of your banking information up to date. They are diligent and will look to see if you are a good fit for them and your business. Great way to help your business credit.

Verified Customer

starstarstarstarstar

R. Balogun

September 9th, 2019 Atlanta, GA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

The process was so simple. Thank you for helping our business.

Verified Customer

starstarstarstarstar

Juan Carlos F.

September 3rd, 2019 San Pedro, CA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

The whole process was fast and easy, loan really helped take my business to the next level.

Verified Customer

starstarstarstarstar

Juan M Rincon

September 3rd, 2019 Fort Lauderdale, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

very easy, faster and very low rates with almost no paper work

Verified Customer

starstarstarstarstar

Chris

August 28th, 2019 Milwaukee, WI DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

I can’t believe how easy the whole process was.

Verified Customer

starstarstarstarstar_border

Nicholas

August 28th, 2019 Dunnellon, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar

I have used this company a couple times and most the time they make it easy, there rates are definitely the best in the industry Bar none. So long as you can get the right person looking at it.

starstarstarstarstar

Emconstruction inc

August 21st, 2019 Bridgewater, MA

Absolutely incredible. The best ,easiest,and fastest loan I ever got! And ther so flexible and understanding.

Verified Customer

starstarstarstarstar

SSCSLLC

August 13th, 2019 Mount Horeb, WI DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

They made it so easy to get the funds needed for my business. In 3 days I had the funds in my account, so easy a caveman can do it.

starstar_borderstar_borderstar_borderstar_border

Jamee Desouza

August 5th, 2019 Rancho Cucamonga, CA

Worst experience I have ever had. DO NOT WASTE YOUR TIME. These positive reviews are DEFINITELY FAKE! This is the most unprofessional financial company I have EVER encountered. They violated my privacy by calling my bank on the line without my knowledge, they made up processes that were discriminatory and would not provide me proof of their common practice policies. They were rude and made accusations and implied that I was being deceptive. They also asked me for outrageous documentation that violates my customers privacy rights and denied me being I would NOT ethically violate my customers. This company has no ETHICAL MORALS customer service is a disgrace.

Verified Customer

starstarstarstarstar

Carl A. Harris

July 29th, 2019 Gastonia, NC DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar_border
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Good Customer Service with quick process the loan!

starstar_borderstar_borderstar_borderstar_border

Beth

July 26th, 2019 Los Angeles, CA DETAILS arrow_drop_down
Value for your money
starstar_borderstar_borderstar_borderstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstar_borderstar_borderstar_borderstar_border
Company trustworthiness
starstar_borderstar_borderstar_borderstar_border

This company is a joke. They just wanted to collect all your informations. The representative was very unprofessional too. Don't waste your time and energy on them!

starstar_borderstar_borderstar_borderstar_border

Ryan

July 17th, 2019 North Andover, MA

Reviews here are a joke, this is a horrible company with deceptive practices. They employ uneducated employees to push loans and waste time. Run away, use a bank, or anything but them

starstarstarstarstar_border

Mark

July 15th, 2019 Eaton Rapids, MI

So far so good. Only downside is that I cannot just click and make extra payments on line.

Verified Customer

starstarstarstar_borderstar_border

Eric JohnsonJ

July 8th, 2019 Killeen, TX DETAILS arrow_drop_down
Value for your money
starstarstarstar_borderstar_border
Quality of product or service
starstarstarstar_borderstar_border
Customer service
starstarstarstar_borderstar_border
Company trustworthiness
starstarstarstar_borderstar_border

The total process from beginning to end is the best I've experience if all required documents. Funds were deposited in my account the following day after loan approval. I like the fact there isn't an upfront processing fee but I don't like the fact that you can't save on interest by paying the principal balance off earlier because of this loan fee. I would also prefer to know what rate of interest is being charged after the loan ia structured that isn't provides. Billing is once a week and I prefer once a month.

starstar_borderstar_borderstar_borderstar_border

Roy Smith

July 3rd, 2019 Lake Cormorant, MS

I don’t like the payback terms and I was not informed that if I pay off early that the fee would be the same. This will be my last loan with loan builders. The reason I went with loan builders because you part of PayPal i have had a PayPal account for years. I’m very disappointed!!!!!

Verified Customer

starstarstarstarstar

pmitchell

June 26th, 2019 Raven, VA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

LoanBuilder was a great experience. Process was fast and easy

Verified Customer

starstarstarstarstar_border

Jim

June 26th, 2019 Bennington, NH DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar

The loan origination and payment was quick. But, it took three tries to customer service in order to get access to my loan information online. I finally got somebody who recognized the problem and fixed it.

Verified Customer

starstarstarstarstar

Goker

June 19th, 2019 Portsmouth, VA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Fast and great service. Funds deposited in 1 day.

Verified Customer

starstarstar_borderstar_borderstar_border

Alexandra Bassett

June 10th, 2019 Los Angeles, CA DETAILS arrow_drop_down
Value for your money
starstarstar_borderstar_borderstar_border
Quality of product or service
starstarstar_borderstar_borderstar_border
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar_border

I used Loan Builder for working capital to pay for the production of education videos. Though I was approved and was able to borrow $5,000, I had to agree to pay back the loan plus interest ($779.40) on a payment term of 36 weeks at $160.54/week. The weekly payments are definitely a hardship and there is no early pay-off tradeoff that would make paying off the loan a reasonable option for me. I would not use this service again and will be looking at other lending options once I've finished paying this loan back.

Verified Customer

starstarstarstarstar

Aldo

June 5th, 2019 Renton, WA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Pretty easy going process, got the funds we needed right away, I actually filled all forms and signed the document and had them deliver the money a month later When I planned to use the money!! Great customer service and so far I’ve payed 25% of my loan without any problems :)

Verified Customer

starstar_borderstar_borderstar_borderstar_border

John

May 29th, 2019 Franklin Lakes, NJ DETAILS arrow_drop_down
Value for your money
starstar_borderstar_borderstar_borderstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar_border

I would not use them again, their terms are too stringent no flexibility

Verified Customer

starstarstar_borderstar_borderstar_border

Farmer E

May 29th, 2019 Creswell, OR DETAILS arrow_drop_down
Value for your money
starstarstar_borderstar_borderstar_border
Quality of product or service
starstarstar_borderstar_borderstar_border
Customer service
starstarstar_borderstar_borderstar_border
Company trustworthiness
starstarstar_borderstar_borderstar_border

On the good side, the application process was easy and the funding was fast. On the down side, there is ZERO flexibility on the repayment schedule, so if your circumstances change you are just pretty much out of luck and they don't care. They do not even allow you to choose which day of the week payments are deducted; I get my weekly income on Wednesdays and Thursdays but they force my payments on Tuesdays. I don't know why this is but it is very inconvenient. For these reasons, I would not do a Loanbuilder loan again, nor would I recommend it to family or friends.

history

Verified Customer

starstarstarstarstar

Anthony D

May 29th, 2019 Kansas City, MO DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar_border
Company trustworthiness
starstarstarstarstar_border

very easy to work with. very easy to apply and to obtain the loan. Was fast and simple. Really helped us feel more comfortable going through the end of winter when business was slow due to weather.

Verified Customer

starstarstar_borderstar_borderstar_border

Casey Breen

May 23rd, 2019 Elk River, MN DETAILS arrow_drop_down
Value for your money
starstarstarstarstar_border
Quality of product or service
starstarstarstarstar_border
Customer service
starstar_borderstar_borderstar_borderstar_border
Company trustworthiness
starstarstar_borderstar_borderstar_border

Very difficult to work with. Not as professional as one would expect.

Verified Customer

starstarstarstarstar

Bridget

May 16th, 2019 Quincy, MA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Loan builder very quickly helped me borrow the money needed for payroll when my receivables were low. They were fast and completed the transaction effortlessly and effectively.

starstarstarstarstar

Erik V.I.P. Landscape Group, LLC.

May 14th, 2019 South Amboy, NJ DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Mark from LoanBuilder offered clear communication and went above and beyond for my company when my loan had an minor issue and has to be one of their smaller accounts. They had better rates than another two offers I got, (high rate, but what can you do when you have a startup and your credit utility is high for your income) and an amazing user interface/ document storage makes it easy to find your information. The only two companies I've been happy with the loan process has been PayPal's Loan builder and Intuit. TLDR paying for money is not ideal but if you have to do it or can earn more from it, go with someone that's going to get you what you need (quick & secure).

history

Verified Customer

starstarstarstarstar

Big D’s Toys

May 13th, 2019 San Antonio, TX DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Friendly represantaives. Easy process. Helped get the money I needed for my business.

starstarstarstarstar

Andres Carvallo

May 2nd, 2019 Austin, TX

Great selection and pricing. Great service and follow up. Very happy with everything. Looking forward to a long term relationship.

Verified Customer

starstarstarstarstar

Ann S Roberts

April 23rd, 2019 Augusta, ME DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

Acceptance was fairly speedy process and all contacts were professional.