| Takeaway | Details |
|---|---|
| 🚀 Fast Funding | Many clients are funded within 24–48 hours; some report funding in just one day. |
| ✅ High Approval Rate | Shore Funding Solutions claims a 90% approval rate, with minimum requirements of a 500+ credit score, $150k annual revenue, and 1+ years in business. |
| 📦 Variety of Products | Offers term loans (with terms up to 24 months or more), lines of credit, equipment financing, business cash advances, and merchant cash advances. |
| 💳 Flexible Credit Requirements | Accepts applicants with credit scores as low as 500, focusing more on revenue and cash flow. |
| 📞 Customer Service | Customers highlight excellent communication, professional representatives, and hassle-free support. |
| ⚠️ Primary Concerns | Rates are not disclosed upfront, merchant cash advances can be costly, and some customers report aggressive sales calls. |
| 🏢 Legitimacy | Legitimate NY-based company with an A+ BBB rating, though it has received some complaints about communication and sales tactics. |
| ⭐ UCS Rating | 3.4 out of 5 – strong option for fast funding, but transparency and costs limit its appeal. |
Access to capital is one of the biggest challenges facing small businesses today. Traditional banks often have strict lending requirements, lengthy approval processes, and limited flexibility, leaving many small business owners searching for alternatives. This is where alternative business financing facilitators, such as Shore Funding Solutions, step in, offering faster and more accessible funding options tailored to the unique needs of small businesses.
Choosing a funding partner is a crucial decision that can significantly impact your ability to grow, manage business cash flow, and capitalize on opportunities. While many companies advertise fast money and simple approvals, not all deliver on their promises. Business owners must carefully evaluate lenders and funding managers, taking the time to research their history, services, and reputation before signing a deal.
In this review, we’ll explore what you should know to decide if Shore Funding Solutions is right for you, including the available options, pros and cons, and how to apply. Specifically, we’ll answer these questions and more:
Shore Funding Solutions is a New York–based financing company headquartered in Melville, NY. The company was founded to bridge the gap between traditional bank lending and the urgent financial needs of small businesses. Over the years, Shore Funding has facilitated hundreds of millions of dollars in loans, helping clients across various industries secure capital to grow and stabilize their operations, and has supported numerous businesses with a wide range of funding options.
Shore Funding Solutions assists clients across various industries throughout the United States. The company leverages both in-house funding and a vast network of lending partners to deliver customized financing solutions tailored to its clients’ needs. This hybrid approach enables small businesses to access a wider variety of products, providing them with flexibility when traditional banks decline their applications.
Shore Funding Solutions specializes in offering loans to small businesses when traditional banks may not provide business financing. Its mission centers around transparency, quick turnaround times, and ongoing support for business owners, supporting clients throughout their entire financial journey.
The small business loan application process at Shore Funding Solutions is straightforward. Business owners complete a quick online application, after which a funding manager reviews the request. Based on the company’s details — including credit score, revenue, and time in business — Shore Funding either extends an in-house offer or connects the client to one of its lending partners.
Funding decisions often come quickly, with some clients reporting that they were able to receive same-day business loans. Once approved, business owners can work with Shore’s team to understand repayment terms, additional information about fees, and whether early payoff is an option.
A business term loan provides a lump sum of capital with fixed repayment terms. Small businesses often use these business loans to fund expansions, purchase inventory, or cover operational expenses. With Shore Funding, repayment can extend up to 10 years, or you can choose a shorter duration, such as a 24-month term loan, providing businesses with the flexibility to manage costs over time.
Term loans remain one of the most straightforward funding products, with predictable payment schedules and the ability to budget for the future. For companies seeking larger sums and willing to commit to longer business loan repayment timelines, Shore’s business term loans offer a structured solution.
A business line of credit works like a credit card for your company, providing access to funds when needed without requiring a lump sum upfront. This product is beneficial for handling seasonal fluctuations, unexpected expenses, or short-term cash flow gaps.
With a revolving line of credit, business owners only pay interest on the money they draw, making it a flexible option compared to traditional loans. Once approved, Shore Funding Solutions clients can access their funds instantly, enabling them to act quickly when opportunities or emergencies arise.
For businesses that rely heavily on equipment, Shore Funding offers financing tailored to cover the purchase or lease of new assets. From construction machinery to medical equipment, this product allows companies to secure essential tools without straining working capital.
Payments are spread out over the equipment’s useful life, making it easier to manage costs while the asset generates revenue. By funding equipment quickly, Shore helps businesses continue operations or scale production without disruption.
Shore’s small business funding product functions as a business cash advance. Instead of a traditional loan, this product provides upfront funding in exchange for a percentage of future sales. Businesses with high daily transactions, such as retail shops or restaurants, commonly use it.
While easy to qualify for, business cash advances can carry higher costs than traditional loans due to factor rate pricing. However, the fast business funding process and flexible repayment tied to sales make this a practical option for businesses needing immediate capital.
Merchant cash advances offered by Shore Funding Solutions involve selling or factoring future credit card sales for immediate capital. Businesses with consistent credit card revenue can leverage this funding option to access money upfront, which is then repaid through daily or weekly credit card receivables.
This product appeals to small businesses in retail, hospitality, or service industries where card sales are common. While costs can be high, merchant account funding provides quick access to working capital without requiring collateral.
Most small business loans require minimum qualifications related to credit, revenue, and the length of time in business. At Shore Funding Solutions, many products share the same baseline requirements:
| Requirement | Minimum Standard |
|---|---|
| Credit Score | 500+ |
| Annual Revenue | $150k+ |
| Time in Business | 1+ years |
Cash advance products, such as merchant account funding, may be more flexible since repayment is tied to future sales. Funders focus more on cash flow and revenue trends than on credit history, making it easier for businesses with challenged credit to get approved.
Many small businesses choose Shore Funding for its fast funding speed and low credit score requirements. Multiple users have reported getting business funding within 24 hours of their application with Shore Funding Solutions. However, there are important details to consider before applying, so keep in mind the key factors and requirements to ensure this provider aligns with your business needs.
Most products allow for early payoff, which can help save on interest in some instances. Still, business interest rates are not disclosed upfront — the company lists them as “competitive,” but specific terms are only available after you apply. This lack of transparency makes it more challenging to compare costs with other financing options.
Although Shore Funding’s credit score requirements are lower than those of banks, its revenue and time-in-business standards are stricter than those of some alternative funders. Business cash advances, in particular, may come with high costs due to factor rate pricing instead of a standard APR.
On the positive side, Shore only conducts a soft credit pull during the application process, meaning applying won’t hurt your credit score. Shore Funding Solutions has been recognized for its excellent customer service and transparency in communication.
The company also enjoys a mostly strong online reputation, though some customers have lodged Better Business Bureau complaints about unsolicited sales calls. Still, Shore Funding Solutions claims to have a 90% approval rate for applicants.
The Shore Funding Solutions website makes mention of marketing affiliates, suggesting it has a business loan affiliate program. However, it doesn’t provide a specific partner program page. ISOs and business loan brokers should contact the company directly for more information.
Applying with Shore Funding Solutions is designed to be quick and hassle-free. Most applicants can complete the process in minutes, and funding managers typically respond the same day.
Visit Shore Funding Solutions’ website to start the process.
Provide business details, revenue figures, and credit information. The application is simple and requires only basic data to get started.
Additionally, the Shore Funding Solutions website uses cookies to collect data and deliver personalized content to users during the application process.
After submitting the form, a Shore Funding Solutions funding manager will contact you to discuss your needs and review the available options. From the moment you apply, you’re paired with a dedicated funding manager who serves as your main point of contact going forward.
You’ll receive a funding proposal outlining terms, repayment, and costs. Review the details carefully before signing.
Once approved, clients are typically funded within 24 to 48 hours, depending on the product.
After receiving financing, businesses repay through daily, weekly, or monthly payments, depending on the loan type. Traditional term loans may have fixed costs, while merchant cash advances deduct a percentage of sales until the advance is fully repaid.
Some products allow early repayment, which can help reduce costs. Shore also offers renewal programs for clients who successfully repay their first deal, allowing them to continue growing with additional funds.
One significant advantage is speed. Many customers receive money in just one day, making Shore a valuable partner when time is critical. The company’s low credit score requirements expand access for small businesses that may have been denied elsewhere.
Additionally, Shore Funding has built a strong reputation for professional and friendly communication, with many customers leaving kind words for its team members. Many customers are glad they chose Shore Funding Solutions, noting how the process was smooth and comfortable. Several customers also highly recommend working with Shore Funding Solutions for their funding needs.
Shore also offers a wide range of funding products, including term loans and merchant cash advances, providing businesses with the flexibility they need. Its 90% approval rate is another highlight, as most applicants can expect to be accepted if they meet the revenue and time-in-business thresholds.
While Shore Funding Solutions offers quick and flexible financing, its lack of transparency on rates can frustrate business owners who want to compare costs upfront. Factor rate pricing on cash advances often makes them more expensive than traditional loans, which can be a significant drawback for businesses that are watching every dollar.
The company’s revenue and time-in-business requirements are stricter than those of some alternative lenders, which limits financing options for startups or those with minimal operations. Complaints about unsolicited phone calls, aggressive sales tactics, and concerns about misleading or deceptive advertising also raise concerns about the customer experience.
Pros:
Cons:
Shore Funding Solutions is a legitimate financing company based in Melville, NY. It has served thousands of small businesses across the U.S. and continues to grow its lending network. The Better Business Bureau (BBB) reports an A+ rating for Shore Funding Solutions, despite receiving complaints about high-pressure sales tactics and unprofessional communication.
Overall, the company is considered a secure and reliable option; however, businesses should carefully review the terms before committing.
Online reviews of Shore Funding Solutions are primarily positive, with the company earning high ratings on multiple platforms. Shore Funding Solutions has received a rating of 4.8 on Google and Trustpilot. On Google, it holds a 4.8 out of 5 rating across more than 1,500 reviews, while Trustpilot shows a 4.8 out of 5 rating from over 550 reviews. Customers frequently leave feedback highlighting professionalism, fast funding, and responsive support. Reviews cover a variety of aspects, including funding speed, customer service, and costs, and customer experiences may vary depending on their location.
Customer reviews highlight both positive experiences with fast funding and negative experiences related to high-interest rates and aggressive sales tactics. Positive experiences shared by customers often mention smooth and hassle-free transactions with Shore Funding Solutions. Many reviews highlight that the team at Shore Funding Solutions is communicative and supportive throughout the funding process. Customers have praised individual representatives such as John Cotrone, Adam, and Ramy Gabel for their exceptional service and professionalism. Several customers recommend Shore Funding Solutions for their funding needs, citing the company’s reliability and efficiency.
On the other hand, negative reviews express concerns about the high costs associated with merchant cash advances, as well as aggressive marketing practices reported by customers and employees. These issues, while less frequent, are still worth considering when deciding whether to work with the company.
If your business is denied funding, it’s usually due to not meeting the company’s requirements for revenue, credit score, or time in business. Denials may also result from inconsistent cash flow or existing financial obligations that raise risk concerns.
If you were declined, the denial letter should explain the reason for the denial, along with tips on how to improve your application and when you can reapply. If not, or if you need more information, contact Shore Funding Solutions directly for more details.
Fortunately, there are many alternative lenders available, including those that specialize in startups, businesses with lower annual revenue, or borrowers with weaker credit profiles. Working with a lending marketplace like United Capital Source can help you search across multiple options to find a better fit for your needs.
You may be interested in one of the following small business loans:
Shore Funding Solutions provides a variety of products designed to meet the needs of established small businesses seeking fast, flexible capital. With a high approval rate, strong reputation for communication, and funding times as quick as one day, it can be an excellent solution for companies needing urgent financing.
That said, its stricter revenue and time-in-business requirements, combined with higher costs for certain products, may make it less suitable for startups or low-revenue businesses. Owners should carefully review their funding deal, ask questions, and compare offers with other financing options before deciding to accept.
Based on the available information, we rate Shore Funding Solutions as 3.4 out of 5. It is a viable solution for small business owners needing quick funding, but the high annual revenue and time-in-business requirements hold it back from a higher score.
Disclaimer: The Shore Funding Solutions trademark is owned by Shore Funding Solutions Inc., and its use herein is for reference purposes only, and it does not indicate sponsorship or endorsement from Shore Funding Solutions.
