Globo Fund is a financing platform for U.S. small businesses. The website describes it as a direct lender, while also providing packaging, underwriting, and submission services for products such as SBA loans, HELOCs, and Term Loans through a network of partner banks. It is not a payment acquiring or cross-border payments tool; its focus is providing capital based on merchant cash flow.
Its products include Merchant Cash Advance, Revenue-Based Advance, Small Business Loan, Business Term Loan, SBA 7(a)&504, and Business HELOC. Coverage is explicitly stated as all 50 U.S. states. The application flow emphasizes a 4-minute form, soft-credit prequalification, and quotes within 4 business hours. MCA and revenue-based advances can be funded the same day or within 24 hours, small business loans may fund the same day, while SBA loans typically take 30โ60 days.
Disclosure is relatively good: Small Business Loan APR is 12.99%โ36% with a 2%โ5% fee; Revenue-Based Advance total repayment is 1.20โ1.45x the principal, with 3%โ9% of monthly revenue deducted; SBA rates are Prime+2.75% to +4.75%, plus a 2.0%โ3.5% guarantee fee; HELOC rates are Prime+1.25% to +4.25% and include closing costs. Globo Fund says it charges no application fees, packaging fees, or hidden fees, but the specific cost structure for MCA is not fully disclosed in the text.
Underwriting centers on cash flow, industry, credit, time in business, and revenue stability, with minimum FICO requirements ranging from 500 to 700 depending on the product. On compliance, the site only states โLicensed in all 50 statesโ and refers to an SBA bank network; license numbers are not provided. API and payment integrations are largely not disclosed, aside from a mention that users can securely connect bank accounts or POS systems to read revenue data.
The strengths are a broad product lineup, fast approvals, soft-credit-friendly prequalification, and the ability to match businesses between higher-cost and lower-cost funding options. The drawbacks are that fast financing can be expensive, SBA/HELOC documentation and timelines remain heavy, and it is not suitable as a payment processing tool. It is best suited to U.S.-based small businesses in restaurants, retail, ecommerce, logistics, professional services, and similar sectors that need working capital, refinancing, or expansion funding.
The text provides no information on access from mainland China, so this is rated unknown. For Chinese companies without a U.S. operating entity and U.S. bank transaction history, fit will be limited. Comparable options include OnDeck, Funding Circle, Bluevine, Lendio, Fundbox, or SBA loans from local U.S. banks.
โ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on globofund.com official site.
globofund.com is an United States Payments provider. TG4G tracks its product information, an overall rating of 6.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach globofund.com directly.