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FLEXIBLE FINANCING TO MEET YOUR PURCHASING AND CASH FLOW NEEDS


Macdonald Steel HDP and Kinnek are pleased to offer flexible financing options through an incredibly easy online application process – powered by Fundation. Turn your purchase into low affordable monthly payments with a term loan or apply for a line of credit and give your business the flexibility to draw funds whenever you need and for whatever your business needs.


Start My ApplicationOr call us at 833-205-6118

Fundation Products and Process | Conventional Loans Through an Unconventionally Simple Process

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  • Loans up to $500,000 with up to 5 year repayment terms
  • Lines of Credit up to $100,000 - draw funds whenever you need them
  • Conventional loan and line structures, not a cash advance
  • Fixed monthly payments with no prepayment penalties
  • Application to funding in as little as 24 hours with minimal documentation requirements
  • Dedicated customer relationship manager assigned to your account

Why Fundation?

  • Three-time winner of "Best Working Capital Loan" by Business News Daily
  • Backed by world class institutions like Goldman Sachs
  • Trusted by three of the top 20 commercial banks in the U.S. to serve their business customers
  • Trusted by many leading brands in the hospitality, food and beverage, professional services, technology, and banking industries to serve their business customers' credit needs
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We're here to help. Give us a call at 833-205-6118 and one of our dedicated representatives can help answer any questions you may have.

Start My Application

Frequently Asked Questions

We are one of the most well-respected non-bank lending companies in the market. In fact, we even provide our technology to a few of the top 20 commercial banks in the country that they then use to originate credit to small businesses. We are backed by world class institutional investors and we have won several awards for the quality of our customer experience and the quality of our technology.

We offer term loans which have materially better benefits to you. First, you own the equipment – not us, which gives you any tax benefits of depreciation. Second, the features of our loans are much more customer friendly. When you execute a lease agreement, you are agreeing to make all the lease payments irrespective of whether you pay the lease off early. There is no concept of interest with a lease. With our loans, you are only paying us interest for as long as the loan is outstanding. If you pay off early, you simply pay us the balance of the loan plus any accrued interest to date.

Our line of credit product gives you the flexibility to draw funds whenever you need them – whether for meeting payroll, buying inventory or supplies, buying equipment or any other investment you might need to make in your business. After you execute your agreement with us, we will send you an email inviting you to our “Customer Portal” where you can login and draw funds whenever you need them, as little as $500 at a time. Each time you draw, we will give you a new payment schedule based on an 18 month payback of your new balance. Just like our loans, you can prepay your balance without penalty. Even better, you can keep drawing funds whenever you need them (even principal you have paid back) as long as your outstanding balance does not exceed our commitment amount.

For loans and lines of credit of $100K or less, we typically only require 3 months of bank statements for your primary business operating account. For larger requests, we will ask for business tax returns and financial statements, and we may also require a brief phone call with you to discuss your loan.

We offer fixed rates of interest on our loans and lines of credit. However, we can adjust the interest rate on a line of credit with 30 days prior notice to you. This will not affect your interest rate unless you make another draw, at which time your new payment schedule will reflect your new interest rate. We make adjustments to interest rates on our lines of credit and generally do so as a result of changes in the general interest rate environment.

We take a variety of factors into account ranging from personal credit history, business credit history, public record information (tax liens, judgments, etc.), cash flow data, and income amongst other things. The process is really simple and we will not need much from you to close your loan.