Fast Pay

Overview

Founded in 2009, FastPay provides efficient financial solutions to online publishers, ad agencies and other digital media companies. It offers a streamlined loan application through its FastLane process and can advance you 70% of your requested funding within 2 business days. A 3.00% monthly fee is charged on your balance. Once your invoices are paid by clients, FastPay collects the original 70% of your loan plus the fee.

Loan Features

FastPay offers business loans for digital media companies that rely on invoices to operate. With FastLane by FastPay business loans, you don’t have to let an unpaid invoice impede your operations. It works as a credit line so you can get the funding you need without having to resort to outside investors. Consider the following before applying for a loan with FastPay:

High interest rate. A 3.00% monthly fee can quickly add up, totaling more than $1,200 on a $10,000 loan after 120 days.
FastPay primarily services ad networks, adtech companies and app developers. If you’re not in one of these industries, you’ll need to look elsewhere for business funding.

Application Process

Signing up with FastPay is fast and simple. Complete the application with your company’s financial information and bank account credentials. If you use online accounting software providers (like QuickBooks) it is even easier. Signing up with FastPay is fast and simple. Complete the application with your company’s financial information and bank account credentials. If you use online accounting software providers (like QuickBooks) it is even easier.

Once the invoices are verified you are ready for funding! FastPay advances a percentage of the funds up front and rebates the remaining amount once your client pays.

Repayment Terms

Min Loan Amount $5,000
Max. Loan Amount $100,000
A 3.00% monthly fee

Customer Support

Los Angeles
8201 Beverly Blvd, Suite 600
Los Angeles, CA 90048
310 651 9200

San Francisco
535 Mission St, 14th Floor
San Francisco, CA 94105
310 651 9200

New York
240 Bedford Ave.
Brooklyn, NY 11211
310 651 9200

Boston
18 Lyman St #299
Westborough, MA 01581
508 439 4690

London
Moor Place, 1 Fore St
London EC2Y 5EJ
+44 (0)20 3856 9308

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