myroyalfunding.com

What It Is

My Royal Funding is a DBA brand under Royal Wealth Investments, LLC, positioned as an alternative business financing service for small businesses. The website says it launched in 2017 and focuses on solving funding challenges for small businesses, offering unsecured business loans or working-capital support. It also claims that “bad credit is OK” and that no personal guarantee or collateral is required. Based on the information on the site, it looks more like a short-term small-business financing or alternative business loan platform than a payment acquiring, wallet, or payment gateway product.

Core Capabilities and Application Requirements

Its application form mainly collects monthly business sales, time in business, credit score, contact details, and company information. Monthly sales options range from startup and below $5,000 to over $100,000, while time in business includes buying a business, less than 6 months, 6–12 months, and more than 1 year. This suggests its initial screening focuses on cash flow, operating performance, and credit profile. The website says it uses “cutting-edge technology” to evaluate businesses based on actual performance rather than relying solely on personal credit, which may make it more accessible to small businesses that struggle to qualify with traditional banks.

Pricing, Funding Speed, and Compliance

The page clearly states “Apply For Free Today,” meaning applications are free, and claims that approved applicants can receive funds as soon as the next day, with funding in 1 day. However, key financing costs are missing: it does not disclose interest rates, fees, APR, repayment schedule, loan terms, default fees, or early repayment rules. For a business loan product, this significantly affects comparability and risk assessment. On the compliance side, the page only shows Royal Wealth Investments, LLC DBA My Royal Funding and a phone number. It does not disclose state lending licenses, regulatory registrations, or privacy/data security information, so these should be verified before applying.

Pros, Cons, and Best Fit

Its advantages are clear positioning, broadly stated eligibility requirements, fast approval and funding, and the appeal of no collateral or personal guarantee for asset-light small and micro businesses. The drawbacks are limited transparency, especially around rates, loan amounts, terms, service areas, and compliance credentials. It may suit small businesses that urgently need working capital, have imperfect credit, lack collateral, and are willing to bear the cost of alternative financing. It is less suitable for businesses that require high transparency around financing costs, contract terms, and regulatory information.

Access from China and Alternatives

The website content does not mention support for Chinese businesses, cross-border applications, or RMB settlement, and access from mainland China cannot be determined from the scraped text. Chinese users or cross-border sellers seeking financing may compare U.S.-based small-business financing platforms such as OnDeck, Bluevine, and Funding Circle, or consider bank small-business loans and SBA loans. Final availability and suitability should depend on actual regional eligibility and contract terms.