Star Funding provides purchase order financing, accounts receivable factoring, and working capital solutions for small to mid-sized businesses needing cash flow support.
Data compiled from public sources · Rating from CreditDoc methodology
Star Funding, Inc. is a New York-based financing company that has operated for over 20 years, claiming to have provided more than $1 billion in cash flow support to thousands of clients. The company positions itself as a specialized lender focused on business-to-business and government contract financing rather than consumer lending.
Their primary service areas are purchase order (PO) financing, accounts receivable factoring, and working capital solutions tailored to businesses with inventory, production, or receivables management challenges. Star Funding offers three main product categories: Purchase Order Financing (funding up to 100% of production costs for goods), Small Business Funding (for inventory purchasing and supplier payment term extension), and Accounts Receivable Factoring (converting invoices into immediate working capital). Their recent case studies indicate transaction sizes ranging from $250,000 to $11 million, suggesting they focus on mid-market businesses.
The company emphasizes quick approval processes, including same-day approval claims, and positions pricing fairness as a differentiator. The company distinguishes itself through its 20-year track record, claimed "#1 Provider" status, multi-product approach (combining PO financing and factoring), and focus on underserved markets like federal government contractors and specialty manufacturers. Their success stories span diverse industries including consumer electronics, home furniture, and business services, suggesting broad applicability.
The application process is promoted as simple and streamlined. However, potential clients should note that specific pricing, terms, APR rates, and qualification requirements are not disclosed on the website. As a specialized B2B lender, Star Funding is not suitable for personal or consumer lending needs, and their minimum transaction sizes appear significantly higher than typical small business loans.
Yes. Star Funding, Inc. 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
Star Funding is designed for established small-to-mid-market businesses with commercial transactions, government contracts, or receivables management needs—not for personal, consumer, or micro-business lending. The primary caveat is opacity: no published pricing, APR, minimum credit scores, or detailed qualification criteria make it impossible to assess affordability or eligibility without direct inquiry.
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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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