New York, NY - As traditional banks increasingly rely on rigid credit-score requirements to approve a business expansion loan, thousands of growing companies are being left behind. FundKite, an industry leader in alternative financing, is redefining how expansion capital is assessed and delivered - using cash flow history and real sales performance rather than outdated credit metrics.
Every month, FundKite receives roughly 5,000 applications from business owners seeking to grow. While banks turn away many of these entrepreneurs because of imperfect credit, FundKite takes a radically different approach: analyzing daily cash flow patterns rather than FICO scores. Through advanced automation and proprietary underwriting models, the company reviews each business’s bank statements line by line to understand true financial health.
In doing so, FundKite is able to extend offers to approximately 27% of applicants, or about 1,300 businesses per month - a significantly higher approval rate for companies that traditional lenders typically deem "unbankable."
“Credit scores were never designed to measure the strength of a business or its potential,” said Alex Shvarts, CEO of FundKite. “A restaurant doing $120,000 a month in sales shouldn’t be denied expansion capital because their owner has a 550 score due to high utilization. Cash flow tells the real story, and that’s what we pay attention to.”
FundKite’s approach is particularly impactful for local restaurants, manufacturers, and small retail operations - sectors often overlooked by traditional lenders. Many of these businesses have strong revenues but fluctuating expenses, seasonal patterns, or owners with complex credit histories. FundKite’s automation allows it to identify strong, stable financial patterns that a credit model simply cannot capture.
“Our technology evaluates how money actually moves through a business,” Shvarts added. “In some cases, applicants with a 780 credit score aren’t approved - not because of bad credit, but because there isn’t enough credit history or their income profile doesn’t match real-world operations. Meanwhile, businesses with lower scores but powerful revenue streams get funded. Credit alone is not an accurate indicator of success.”
The company’s data-driven underwriting allows FundKite to support businesses in need of a business expansion loan for hiring, equipment, renovations, additional locations, or inventory growth. Because FundKite’s products are structured as purchases of future receivables - not traditional loans - decisions are faster, more flexible, and more reflective of how modern small businesses operate.
For small business owners with imperfect credit histories, credit repair specialists working with clients on rebuilding financial profiles, or industry analysts tracking the evolution of alternative lending, FundKite represents a modern, performance-oriented solution in a marketplace that has long favored outdated credit metrics.
FundKite’s mission is simple: empower strong, revenue-producing businesses with the capital they need - regardless of traditional credit barriers.
To learn more about FundKite’s expansion funding solutions, visit FundKite.com.
Media Contact
Name
FundKite
Contact name
Alex Shvarts
Contact phone
(807) 502-5003
Contact address
2 S. Biscayne Blvd #2350
City
Miami
State
FL
Zip
33131
Country
United States
Url
https://fundkite.com/
