New York, NY - As traditional banks continue to rely on slow, credit-heavy approval processes, small businesses are increasingly turning to faster, data-driven solutions. FundKite is answering that demand with a working capital loan alternative powered by advanced automation that prioritizes real cash flow history over rigid credit scores - dramatically accelerating access to capital for thousands of businesses each month.
FundKite currently processes approximately 5,000 applications per month, extending offers to about 27% of applicants - roughly 1,300 businesses - many of whom would be considered “non-bankable” by traditional lenders. By leveraging proprietary automation that reads and analyzes bank statements line by line, FundKite is able to understand true sales revenue, issue offers quickly, and fund deals at a speed banks simply cannot replicate.
“Cash flow tells the real story of a business,” said Alex Shvarts, CEO of FundKite. “Credit scores alone don’t reflect how a company actually operates day to day. By focusing on revenue patterns and bank activity, we’re able to make faster, more accurate decisions and fund businesses that banks routinely turn away.”
Unlike traditional lenders that may take weeks - or even months - to review applications, FundKite’s technology-driven underwriting evaluates financial performance in near real time. The platform ingests bank statements, identifies revenue consistency, and assesses operating behavior, allowing the company to “shoot out offers” quickly once data is received.
Credit, while considered, is secondary in FundKite’s model. Businesses with credit scores as low as 550 may still qualify if their cash flow supports the funding. This approach opens doors for entrepreneurs who are profitable but lack long credit histories, have high utilization, or were impacted by prior economic disruptions.
“Our goal is speed with intelligence,” Shvarts added. “Automation allows us to move quickly without cutting corners. We can fund strong businesses faster because we understand their cash flow - not just a number on a credit report.”
As a working capital loan alternative, FundKite’s model is particularly valuable for businesses with urgent funding needs - such as inventory purchases, payroll coverage, or operational expenses - where waiting on a bank decision could mean missed opportunities or stalled growth.
Looking ahead, FundKite plans to significantly scale its processing capacity, with ambitions to grow from 5,000 applications per month to 50,000 - or even 100,000 - applications monthly. Continued investment in automation and platform architecture is expected to drive this expansion while maintaining fast decision times and funding velocity.
This scalability positions FundKite at the forefront of financial technology innovation, offering a blueprint for how modern underwriting can expand access to capital without sacrificing risk management.
For small business owners frustrated by slow banks, fintech observers tracking underwriting innovation, and entrepreneurs seeking rapid funding decisions, FundKite represents a shift toward smarter, faster capital access - built on data that reflects how businesses actually perform.
For more information about FundKite’s working capital loan alternative and cash flow-driven funding solutions, visit FundKite.com.
Media Contact
Name
FundKite
Contact name
Alex Shvarts
Contact phone
(877) 502-5003
Contact address
2 S. Biscayne Blvd #2350
City
Miami
State
FL
Zip
33131
Country
United States
Url
https://fundkite.com/
