No, SourceFunding.org is not a marketplace lender.
Self-proclaimed “online marketplace” lenders connect borrowers with a range of traditional and alternative lenders. However, these marketplace models are far from agnostic in that they typically only partner with a handpicked number of preferred financial institutions and other high-cost online lenders who compensate them directly for referring loan applicants. Therefore, these platforms have a strong incentive to promote lending partners who pay the largest referral fees instead of those who provide the best financing option to a borrower.
SourceFunding.org does not receive compensation or referral fees from any lender. We serve the business owner’s best interest and offer the complete network of all 14,323 community banks, credit unions and community development organizations throughout the United States.