© Saskia Uppenkamp
Rohan Deshpande (Co-Founder, CTO) and Jared Hecht (Co-Founder, CEO)

Location: New York Central No. 31 was a Brooklyn built tugboat that for fifty years guided cargo barges between the rail terminals of New Jersey, Manhattan and Brooklyn. Now the boat’s pilot house sits on Pier 16 at South Street Seaport, part of the seaport’s fine collection of maritime history.

Fundera – The easiest way to shop and save on a small business loan

Founded in 2014
50 employees
Funding $14.9M / 2 rounds

Fundera is the most trusted online marketplace for small business loans. With one simple application, small business owners can apply to all of the industry’s top lenders, find out what they qualify for, and compare rates to find the right deal. The platform aims to make finding a loan as simple as possible by providing the resources borrowers need to make real comparisons between loan offers. Fundera’s Customer Success team educates business owners about their options and helps them navigate the process, with the goal of making lenders compete for their business instead of the other way around. Founded in 2014 by former GroupMe cofounder Jared Hecht and former Gilt software engineer Rohan Deshpande, Fundera has helped over 4,000 small businesses secure over $250 million in financing to date. The marketplace also provides free tools like credit monitoring for small business owners, and has built most-trafficked blog on small business finance in the country.

This article was published in “the Hundert Vol. 9 – Startups of New York“, December 2016.