CFG Merchant Solutions provides revenue-based financing and small business loans to U.S. small-to-medium businesses, with over $2B in working capital deployed to 45,000+ funded businesses.
Data compiled from public sources · Rating from CreditDoc methodology
CFG Merchant Solutions is an alternative business financing company that has funded over 45,000 American small-to-medium sized businesses with more than $2 billion in working capital. The company positions itself as a flexible funding partner focused on business growth objectives rather than traditional credit metrics. Founded on the premise that credit history and collateral shouldn't be barriers to accessing capital, CFGMS has completed over 90,000 successful transactions.
The company offers two primary products: Revenue-Based Financing and Small Business Loans. Their revenue-based financing model is their flagship offering, designed as a cash flow-friendly alternative to traditional term loans. The company emphasizes speed, with claims of funding within 24 hours of completing underwriting. Their application process is streamlined into four steps: application submission, eligibility review based on revenue statements, offer generation, and funding disbursement.
CFG Merchant Solutions differentiates itself through several claimed advantages: no personal capital or collateral requirements, credit history as a non-decisive factor in approval, no fixed maturity dates on revenue-based financing, and flexibility in payment schedules. The company holds an A+ rating from the Better Business Bureau. They also operate a partner program to expand their reach and offer educational resources through their Underwriter Academy.
While the website presents compelling claims about speed and accessibility, potential borrowers should note that the company does not disclose specific terms, interest rates, fees, or repayment structures on their public website. Revenue-based financing typically involves repaying a percentage of daily/weekly revenue, which can result in variable total costs. The lack of transparent pricing information makes it difficult to assess true affordability compared to traditional small business loans. Interested applicants must complete a consultation to understand actual terms.
Yes. CFG Merchant Solutions is a registered company, headquartered in New York, NY.
Results vary by individual situation. Contact the provider to discuss expected timelines for your specific needs.
CreditDoc Diagnosis
CFG Merchant Solutions is best for small business owners with steady revenue who need working capital quickly and may have credit challenges, but cannot qualify for traditional bank loans. Critical caveat: the company's website lacks transparent pricing, making it impossible to assess true cost-of-capital; applicants must complete a consultation to learn actual rates and fees, and should carefully compare revenue-based financing costs against term loans before committing.
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Read guide →New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
The percentage a lender charges you for borrowing their money, calculated on the amount you still owe. It's the lender's profit for taking the risk of lending to you.
Even a 1% difference in interest rate can cost you thousands over a loan's life. Lower rates mean less money out of your pocket.
Example
On a $20,000 car loan for 5 years: at 5% you pay $2,645 in interest. At 8% you pay $4,332. That 3% difference costs you $1,687 extra.
A person who agrees to repay your loan if you can't. They're equally responsible for the debt, and their credit is affected by your payment behavior.
Cosigning helps people with thin credit get approved or get better rates. But it's a huge risk for the cosigner — they're on the hook for the full amount if you default.
Example
A parent cosigns their child's $30,000 student loan. The child stops paying after 6 months. The parent is now legally required to make the payments or face collections, lawsuits, and credit damage.
How long you have to repay the loan, measured in months or years. A shorter term means higher monthly payments but less total interest paid.
Longer terms feel more affordable monthly but cost much more overall. A 30-year mortgage costs almost double in interest compared to a 15-year mortgage on the same amount.
Example
Borrowing $200,000 at 6.5%: A 15-year term costs $1,742/month ($113,561 total interest). A 30-year term costs $1,264/month ($255,088 total interest). You save $141,527 with the shorter term.
A one-time fee the lender charges to process and set up your loan. It covers their costs for underwriting, verifying your information, and preparing paperwork.
Origination fees are usually 1-8% of the loan amount and are often deducted from your loan proceeds — so you receive less than you borrowed.
Example
You're approved for a $10,000 personal loan with a 5% origination fee. The lender deducts $500 upfront, so you receive $9,500 in your bank account but owe $10,000 plus interest.
The original amount of money you borrowed, before any interest or fees are added. It's the 'real' amount of your debt.
Your interest is calculated on the principal. Paying extra toward principal (not just interest) is the fastest way to reduce your total cost and pay off a loan early.
Example
You borrow $25,000 for a car. That $25,000 is your principal. Your first payment of $450 might split as $150 toward interest and $300 toward principal, bringing your balance to $24,700.
The process where a lender evaluates your finances — income, debts, credit history, assets — to decide whether to approve your loan and at what rate.
Understanding what underwriters look for helps you prepare a stronger application. They check your DTI ratio, employment stability, credit score, and the asset's value.
Example
You apply for a mortgage. The underwriter reviews your pay stubs (income), bank statements (savings), credit report (history), and orders an appraisal (home value). This takes 2-4 weeks.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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