About Fundora
We're fixing the broken small business lending market—one assessment at a time.
Fundora exists to empower small business owners with the knowledge and tools they need to secure funding successfully. We believe that businesses shouldn't waste months applying for loans they're not ready for—and lenders shouldn't waste time reviewing unprepared applications.
By providing free, instant, AI-powered loan readiness assessments, we help businesses understand exactly where they stand and what they need to improve before approaching lenders.
The small business lending market is fundamentally broken. Over 70% of traditional bank loan applications are rejected or only partially approved—not because the businesses are bad, but because they're unprepared.
Rejection Rates by Lender Type:
- Big Banks (Chase, Bank of America, Wells Fargo): 72% rejection rate
- Community Banks: 50% rejection rate
- Credit Unions: 45% rejection rate
- Alternative Lenders: 43% rejection rate
Source: Federal Reserve Small Business Credit Survey 2024
SBA 7(a) Loan Approval Rates:
Key insight: First-time SBA applicants face significantly lower approval rates due to lack of preparation and understanding of lender requirements. Proper preparation can dramatically improve these odds.
Source: SBA Office of Capital Access 2023 & Lender Reports
Why unpreparedness is costly:
- Time wasted: 20-40 hours spent preparing applications that get rejected
- Credit impact: Hard inquiries remain on your credit report for 2 years
- Lost opportunities: Delays in accessing capital slow business growth
- Damaged relationships: Failed applications hurt future prospects with that lender
Business owners waste months preparing applications without understanding what lenders actually need. Meanwhile, lenders spend countless hours reviewing incomplete or unqualified applications, achieving conversion rates of just 1-3%.
The solution? Know where you stand before applying. Businesses that assess their readiness first can address gaps, strengthen weak areas, and approach lenders with confidence—dramatically improving their chances.
Fundora uses AI-powered assessments to evaluate your business's loan readiness in just 15 minutes. Our system analyzes 24 key factors that lenders consider—from credit scores and revenue to business plans and collateral.
You receive an instant Loan Readiness Report with:
- Your qualification score (0-100) and loan readiness level
- Detailed analysis of your strengths and weaknesses
- Personalized action plan to improve your approval odds
- Educational insights about what lenders look for in your loan type
If you're ready, you can opt-in to connect with vetted lenders who specialize in your loan type—typically 1-3 qualified lenders who are genuinely interested in working with you.
Small Business Owners: Whether you're seeking an SBA loan, equipment financing, a business line of credit, or commercial real estate funding, we help you understand your readiness and prepare effectively.
Lenders: We pre-qualify leads and provide complete intelligence packages, helping you focus on businesses that are truly ready for funding—improving your conversion rates and reducing wasted time.
Ready to assess your loan readiness?
Take the free 15-minute assessment and get your personalized Loan Readiness Report—no credit check, no obligation.
Start Your Free Assessment