Elevate Funding Reviews 

18
•
TrustScore 4.5 out of 5

4.3

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Company details

  1. Alternative Financial Service

Written by the company

Hi there! We're Elevate Funding, a small business funder with a big mission. We specialize in Revenue-Based Finance, a boutique alternative finance product. Revenue-Based Finance is geared toward helping small businesses take care of their urgent business needs – whether that’s ramping up staffing, buying new equipment, paying for repairs, or meeting payroll needs during a tough month.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

18 reviews

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4.3

All reviews

(18)

5 reviews in the last 12 months

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Rated 5 out of 5 stars

Pleasent experience and fair deals

Most MCAs are like really aggressive. Not just call, email and text you constantly about offers and do you want it. This company is pushy like that. They gave a fair deal with payments that work for me. I have dealt with other MCA companies in the past and this company is one of the more pleasant ones to deal with.

October 15, 2026
Unprompted review
Rated 5 out of 5 stars

Just wanted to thank Ronald and Elevate…

Just wanted to thank Ronald and Elevate funding for making everything possible in helping my business. Is you are looking for a great company with good rates. This is the company. You dont need to look anywhere else.
Thank you.

June 16, 2026
Unprompted review
Rated 1 out of 5 stars

Would not use this lender at all

Would not use this lender at all. They will allow scammer “brokers” to create deals that are unfavorable and cost you $24k plus a broker fee of $5k. Mysteriously the “broker’s” llc carried the same last name as one of the agents (now fired from the company. I had great credit and didn’t need this money and even after Elevate concurred I had in fact been scammed; offered no relief. Avoid.

February 1, 2025
Unprompted review
Elevate Funding logo

Reply from Elevate Funding

Rebecca, we understand that navigating business funding can be frustrating, and we are so sorry you had such a negative experience with a broker. As I’m sure you know, brokers are a separate entity and work as an intermediary between the customer (you) and the lender (us), with the goal of getting the customer matched with the right lender. We immediately ceased working with your broker after you told us about your experience with them, and we retracted the broker’s commission and applied it to your balance, lowering your balance by over $4,000. We are sorry that our attempts to work with you through the situation (including adjusting your debits when needed) did not ease the frustration from the beginning of the funding process.

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Rated 5 out of 5 stars

Love Elevate Funding

I've used Elevate Funding more than once now just because of how great they are. They have been very professional and make funding and repayment very stress free and easy. Much better than any of the others I've used. They understand small business and work with you. Highly recommend.

November 17, 2025
Unprompted review
Rated 5 out of 5 stars

Trustworthy Company

I have done business with this company several times. Darryl is great and the whole team did a good job. The online portal is very cool and they are a good company. I definitely recommend them and would use them again!

October 1, 2025
Unprompted review
Rated 5 out of 5 stars

I was in a bind and opening a bigger…

I was in a bind and opening a bigger establishment. Elevate came to my rescue. It only took 3 days to get funded and that was 4 years ago! Hands down number 1 in this business with stellar customer service!

December 22, 2022
Unprompted review
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Rated 5 out of 5 stars

Elevate Funding is TOP NOTCH

I absolutely Love this company and the way they do business, I had a bump in the road with my business and needed to have my weekly payment adjusted. I spoke with Darryl and he has made it a piece of cake to get back on track. He is easy going, honest, and gives his all to any of my concerns. I would use Elevate Funding over and over and over again.

March 13, 2023
Unprompted review
Rated 5 out of 5 stars

I am extremely pleased

I am extremely pleased with this company. They respond and answers all questions. I feel like I have a personal friend in them. The payments are easy and no hassle and they always offer the option to renew or to increase and in this day and time its truly needed. I didn't know how my salon would survive if I didn't get into contact with elevate funding. You guys are truly the best!

November 11, 2021
Unprompted review
Rated 1 out of 5 stars

Beware

Actually should be a - star or 0. It won't let you put a comment without filling in a star. My company was a loyal client of Elevate for +3 years and last time I asked for funding, my company was denied because of "hear say" from the landlord at the time. Despite impeccable performance from the years prior. It actually works out for the better as Elevate will charge you AT LEAST 20% of your daily credit card sales and lump sum it from the weekend on following Monday. Thus slowly bleeding you dry as a 20% or higher reduction in daily sales can cripple even the most healthy business. Think twice and read your contract carefully and don't get trapped by the perpetual loop of "underfunding" from these guys.

October 6, 2021
Unprompted review
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Rated 5 out of 5 stars

Elevate has always been on point

Elevate has always been on point - helping businesses with struggling credit etc. I work with Ken Peng and he is SUPER Fast and efficient. Would recommend these folks to everyone looking for capital in the alt space.

October 5, 2021
Unprompted review
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