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Reliant Funding Review


  • No credit score requirements
  • Approves 70% of applicants
  • Fast access to short-term funding


  • Customer service is inconsistent
  • Website advertising is not informative

Average Rating: 5

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Do you need quick, easily repayable funding for your business?

Reliant Funding might be just what you need, so let’s check out what kind of services this company offers.

In this Reliant Funding Review, I am going to provide information about:

  • Their loans
  • The needed qualifications, terms, fees, and repayment
  • Reliant Funding Reviews
  • The application process
  • The competitors
  • The customer service and technical support
  • Pros and Cons
  • Conclusion

For starters, let’s see some of the basic things you need to know about Reliant Funding:

Reliant Funding Bio and History

Who are they? What do they do?

Reliant Funding is an online lender that offers merchant cash advances.
It is a San Diego-based company founded in 2008 and it quickly offers customers short-term working capital.

Reliant Funding provides 3 types of loans:

  • Short-term loans
  • Merchant cash advances
  • Equipment leasing.

They can review and process your online application in just a few minutes, and underwriting and funding often happen the very next business day.

To qualify for a loan at Reliant Funding, you need the following qualifications:

  • 1 year in business (7 months for highly successful businesses)
  • Annual revenue of at least $100.000.

Let’s not wait any longer and dive into some even more detailed information about Reliant Funding and the services they provide.

Reliant Funding Borrower qualifications, terms, fees, and repayment

As mentioned above, Reliant Funding offers 3 types of funding. Let’s see how you can qualify for a Reliant Funding loan:

Feature Data
Minimum time in business 7 months minimum
Credit score required Not very important when qualifying
Annual revenue required $100.000
Borrowing amounts range $2.500-$250.000
Borrowing fee Unknown
Origination fee It is charged without a known amount
Funding time 1-5 days
Location requirements USA
Bankruptcies No active bankruptcies allowed
Eligible industries 7 eligible industries: retail, auto repair, transportation, franchise, health care, restaurant & bars, and construction
Personal loan guarantee required Yes
Collateral None
APR From 11.5%

What about repayments?

  • Reliant Funding does not have an upfront estimate on the costs but rather checks out each of the applications individually and decides on the cost and payments.
  • The application process is free – there are no fees included.
  • The interest rates are not available on their web page, but there aren’t any hidden costs or extra added interest rates on the plus side.
  • Repaying a merchant cash advance can be done in two simple ways, via credit card or via scheduled automated clearing house (ACH).

The reliant Funding Application process

Reliant Funding’s application process is fast, and the company is lenient in choosing who to approve.

Let’s check out the following steps and see the application process:

  • Step 1 – You should request a quote on the site.
  • Step 2 – Submit your:
    – Name
    – Phone number
    – Email address
    – Business name
    – Years in business
    – Gross annual sales.
  • Step 3 – Once you’ve received your quote, you can follow up with the representative who gave it to you.
  • Step 4 – If you decide to accept Reliant’s initial offer, expect to provide corroborating information about your business and income in the form of bank statements.
  • Step 5 – You should also expect to have your credit checked.
    Additionally, to apply, you will need:
    – Business bank statements
    – A copy of your driver’s license
    – Voided business check

You may also need documentation to provide further details, such as recent bank statements or tax returns. You may also receive a credit card-like advertisement in the mail that pre-qualifies you for business financing. If you decide to pursue this option, all you need to do is enter the 16-digit number on the Reliant Funding website to get the application process started.


One of Reliant Funding’s top competitors is BlueVine, OnDeck, and Fundbox.
Let’s see why:
1) Reliant Funding vs. BlueVine
While Reliant Funding offers short-term loans, Merchant cash advances, and equipment leasing, BlueVine offers Invoice Factoring and Lines of Credit. Both Reliant and BlueVine’s interest rates start at 0.25% per week, starting at 4.8%. While Reliant Funding does not require a credit score, BlueVine requires a credit score of 530 and 650.
2) Reliant Funding vs. OnDeck
While Reliant Funding offers short-term loans, Merchant cash advances, and equipment leasing, OnDeck offers term loans and lines of credit. OnDeck’s interest rates start at 35.1% or 31%, while Reliant Funding’s interest rates start at 0.25% or 4.8%. OnDeck requires a minimum credit score of 600.
3) Reliant Funding vs. Fundbox
While Reliant Funding offers short-term loans, Merchant cash advances, and equipment leasing, Fundbox offers Invoice Factoring and Lines of Credit. Fundbox’s interest rates start at 4.66%, while Reliant’s interest rates start at 0.25% or 4.8%. The minimum credit score Fundbox requires is 500.

Customer Service and Technical Support

Customers have mixed opinions about their interactions with Reliant. Most of the negative comments seem to revolve around soliciting tactics.
How can you reach the company? Let’s see:

  • Reliant Funding can be reached by phone ((877) 850-0998)
  • Website: www.reliantfunding.com
  • By contact form
  • The company also has a presence on Twitter, Facebook, and LinkedIn.

Reliant Funding User Reviews

Reliant Funding pulled its rating with the BBB up to an A+. The company is good at resolving issues, thus the good rating. There are still 90 customer complaints on record over the last three years (2017-2020).
Let’s check out the reviews divided into two categories:

Negative Reviews and complaints

  • Advertising tactics
    Numerous complaints cited misleading offers received in the mail. These often took the form of a card meant to represent Reliant’s line of credit product. Others said they received large amounts of junk mail from Reliant.
  • High cost
    As is the case with most alternative lenders, the rates cause a fair amount of sticker shock.
  • Lack of transparency
    Between the limited information on the site and the company’s confusing mailing strategy, Reliant doesn’t come across as especially open.

Positive Reviews and testimonials

  • Fast
    If there’s one area in which online funders such as Reliant live up to their advertising, it’s speed.
  • Well-established
    While many of its competitors are only a few years old, Reliant has been in business since 2009.
  • Customer service
    Customers generally seem satisfied with the care they received from Reliant staff.
    As most companies do, Reliant fares better on Trustpilot, where it has a TrustScore of 4.7/5.

Pros and Cons

Now that we have mentioned some user reviews, let’s check out some of the general pros and cons of Reliant Funding:


  • No credit score requirements
  • Multiple types of financing available
  • High borrowing amounts
  • Approves 70% of applicants
  • Fast access to short-term funding
  • The simple, streamlined application process
  • No hard credit score requirements
  • Easier to qualify for than banks
  • Personal guarantee not required


  • Repayments are required frequently
  • Not available to business in some industries
  • Website advertising is not informative
  • Customer service is inconsistent


Reliant Funding can provide you quick and easy funding, but it comes at a cost. Merchant cash advances carry a bit higher fees than those of traditional lenders (like banks).

Despite that, Reliant Funding is one of the best options for companies that need relatively small loans quickly but can also repay them quickly.
The application process is simple and quick. Furthermore, the requirements are looser than other lending companies or banks.

We hope that in this Reliant Funding Review, you have found all the useful information that you might need if you want quick access to funding for you and your business.