FUNDINGO

Good Funding Case Study

How Good Funding Closed a $20M Credit Facility in Under 8 Months

20+ minutes per application with a homegrown platform? Good Funding launched and scaled rapidly with FUNDINGO's automated solution.

See FUNDINGO in Action
Good Funding
10min
Application processing
Down from 20+ minutes
$7K
Saved annually
Human capital savings
$20M
Credit facility closed
In under 8 months

About Good Funding

Good Funding is a privately held financial services firm founded in 2020, providing funding resources to America's small businesses. Their products serve business owners who cannot access working capital through traditional methods or need rapid-fire turnaround.

The Startup Launch Challenge

Good Funding needed a scalable, fully automated underwriting, funding, and servicing platform before they could launch. Their previous experience showed that homegrown platforms required 20+ minutes per application and hours of daily manual work for pulling payments and reconciliation.

With a lean operations team, removing human effort and error was imperative—and they had a tight deadline for completion.

Transforming Operations with FUNDINGO

Before FUNDINGOAfter FUNDINGO
  • ✕20+ minutes to process one application
  • ✕Hours daily for manual payments and reconciliation
  • ✕Homegrown platform couldn't scale
  • ✕Manual data entry causing errors
  • ✓10 minutes or less per application
  • ✓API integrations for external reports within system
  • ✓Seamless flow from origination to servicing
  • ✓$7K/year saved eliminating manual journal entries
"
The expertise and dependability of the FUNDINGO team is unmatched. Our experience exceeded expectations at every level. It was the easiest flow any vendor could provide when handling an enterprise-level implementation.

— Frank Emerson, Vice President of IT, Good Funding LLC

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