Last reviewed: October 2, 2026
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.
Summary verdict
Byzfunder offers funding of up to $500,000, approved "in minutes" with no hard credit pull. It says it has provided $2 billion to over 35,000 businesses (Byzfunder). A consolidated data-breach class action against Byzfunder NY LLC is pending, and was reported stayed as of March 2026 while the parties negotiate (LegalClarity).
Paper Grade: C paper
Byzfunder requires 1+ year in business, $20,000+ in monthly revenue and a U.S.-based company, and says "your revenue matters more than your credit score" (Byzfunder). Revenue-based underwriting with no stated credit minimum, for established businesses, puts it at C paper. Paper grade describes the borrower profile this lender targets, not the lender's quality.
Research-Based Reputation Score: 6.5 / 10 (reputation rank: tied #41 of 72 lenders scored, as of October 2, 2026)
How we got there: start at 5.0, then +1 for BBB accreditation (since October 28, 2020) with an A+ (BBB), +0.5 because BBB lists the business as started in 2018 (8 years), and +1 because we found no regulator orders or court judgments against it. Then −0.5 for a pending class action. LegalClarity reports that In re Byzfunder NY LLC Data Breach Litigation (S.D.N.Y.) followed a September 2025 breach that exposed names and Social Security numbers (LegalClarity). These are allegations, not findings. Then −0.5 for recurring themes in 3 BBB complaints, including disputed DataMerch reporting and a disputed application (BBB complaints). We could not read Byzfunder's Trustpilot page, so it was not scored. The total is 6.5.
About the Paper Grade: it reflects only the borrower profile and deal type the lender targets (stated credit, time-in-business and revenue minimums, and product type). It is not a judgment of the lender's quality. A = strong credit (about 625–650+), established businesses, APR-priced loans or lines. B = fair credit (about 600+), short-term or factor-rate products. C = credit about 500–599, younger businesses, MCA or revenue-based, or sales-based platform financing with no credit check. D = minimal credit requirements, very new businesses, stacked positions or high-risk industries. Lawsuits and regulator actions never change the Paper Grade.
About the Research-Based Reputation Score (1–10, half-points): it summarizes public signals and is not the opinion of MCAFax. Every lender starts at 5.0. Points are added for BBB accreditation and an A+ rating, years in business, strong Trustpilot ratings, and a clean record (no regulator orders or court judgments in which the lender itself is a named party). Points are subtracted for a BBB rating of C− or lower (−1), a BBB customer-review average below 2.5/5 (−0.5), recurring complaint themes (−0.5 to −1), and a pending class action (−0.5). Government actions are scored only when the lender itself is a named party: −1 for a settled action not about borrowers, −2 for a regulator consent order with a penalty and no admission, −3 for active enforcement or a final order about borrower treatment, and −5 for an industry ban or court finding of liability. The lowest score, 1.0, is reserved for lenders under an industry ban or a final fraud judgment. Ratings we could not read score zero, and routine collection suits are not scored. Every point applied to this lender is listed above. Ranks are as of the date shown; MCAFax cannot confirm or deny any allegation counted here.
At a glance
| Item | Details |
|---|---|
| Amounts | Up to $500,000 (Byzfunder) |
| Minimums | 1+ Year, $20K+/month revenue, U.S.-based; no hard credit pull (Byzfunder) |
| Fees | Says no hidden fees and no early-payoff penalties (Byzfunder) |
| BBB | A+, accredited since 10/28/2020; 2.75/5 from 4 reviews; 3 complaints in 3 years (BBB) |
What borrowers and reviewers report
- BBB reviews are few and mostly positive (BBB reviews). Complaints allege inaccurate DataMerch reporting and poor customer service (BBB complaints).
Who it may suit, and who may want to skip it
May suit: businesses with 1+ year and steady $20K+ monthly revenue that need same-day funding. May want to skip: businesses that can qualify for APR-priced credit.
What to do next
Been contacted by Byzfunder? Report the phone number or email that reached you, and sign up to block unwanted funding calls. → Report a number or email (https://mcafax.com/report?lender=byzfunder)
Looking for funding? Tell us what you need, and we'll help you compare Byzfunder with other funders that fit. → Apply through MCAFax (https://mcafax.com/apply?lender=byzfunder)
Sources (accessed October 2, 2026)
Byzfunder homepage: byzfunder.com
BBB profile: https://www.bbb.org/us/ny/new-york/profile/small-business-loans/byzfunder-ny-llc-0121-87144848
BBB customer reviews: https://www.bbb.org/us/ny/new-york/profile/small-business-loans/byzfunder-ny-llc-0121-87144848/customer-reviews
BBB complaints: https://www.bbb.org/us/ny/new-york/profile/small-business-loans/byzfunder-ny-llc-0121-87144848/complaints
LegalClarity on the Byzfunder data-breach class action (June 24, 2026): https://legalclarity.org/byzfunder-lawsuit-data-breach-class-action-explained/
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.