Company overview
HQ · Brooklyn, NY
Merchant cash advanceRevenue basedTerm loanLine of creditEquipmentSBA loansInvoice factoring
Advance Funds Network (AFN) is a Brooklyn, NY‑based alternative business finance provider and marketplace founded in 2008, offering MCAs, term loans, lines of credit, equipment financing, working capital, debt consolidation, and AR factoring to small and midsize businesses across the U.S. and Canada. AFN positions itself as both a direct/syndicate lender and a referral platform with same‑day approvals/funding and flexible credit criteria.
Company focus
- Headquarters
- Brooklyn, NY
- Founded
- 2008
- Employees
- 51-200
- Excluded industries
- real estate, investment firms, bail bonds, gambling/casinos
- Specialties
- fast funding (same-day approvals/funding), high-risk industry experience (incl. cannabis and firearms), broad product marketplace + direct/syndicate lending, US & Canada coverage, partner/ISO referral network with white-label options
Reported eligibility
- Reported score (scale not specified)
- 30
- Monthly revenue from
- $15,000
- Time in business (months)
- 3
Funding & terms
- Funding from
- $5,000
- Funding up to
- $5,000,000
Third-party reputation
- Reported research
- BBB A+ rating; Trustpilot 5.0 rating from 1,600+ reviews; DFPI enforcement actions in 2020 and 2023.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.