Philip Aleman
Managing Partner At SpringFi
We've helped thousands of good businesses grow
SpringFi is a business loan broker based out of New York, NY. We’re backed by leading VC Firms and private investors, giving our clients access to a variety of lending options. With over 20 years of combined industry experience, you can count on us to secure funding with terms that give you breathing space to grow.
Conventional loans often involve a lengthy approval process and stringent requirements, which can put your business in a bind. Small businesses turn to us for funding they can count on – fast. With a streamlined application process and a variety of lending options, we’ll get you the funding you need to drive your business forward.
We founded SpringFi with two goals in mind. First, to provide small businesses like yours access to capital when you need it so you don’t have to worry about making payroll or investing in growth. Second, to serve small business owners with speed, simplicity, and transparency. That means no long waits, mountains of paperwork, or hidden fees. Running a business is hard enough; SpringFi makes securing working capital easy.
Our Team
Thomas Fenko
Managing Partner At SpringFi
Any Question
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195