Point Funding LLC

Point Funding, launched in 2012 by insurance agents, provides working capital loans to insurance agents and financial advisors based on their commission streams. Understanding the unique financial needs of this sector, Point Funding offers an alternative to traditional banks and small business lenders, focusing on the potential of an agent's commission stream rather than relying on credit scores or hard collateral.

The company's approval process is designed for speed and simplicity, with loan decisions made within one day of application completion and capital accessible within three business days. Borrowers only need to show records of their past commissions, sign a promissory note, and authorize a recurring monthly payment. There are no restrictions on how loan proceeds are used, and early repayment is permitted without penalty.

Testimonials highlight Point Funding's fast, easy process, transparent fees, and knowledgeable team. Clients appreciate the ability to secure quick capital injections for their businesses, with funds often deposited into their accounts within 24 to 48 hours of approval. The company prides itself on its seamless service and upfront communication of loan details.