Arena Funding Source

Best for: Businesses with at least 9 months of history, $75,000 in yearly revenue and a 550 credit score that need fast cash.

Not for: Owners wanting a published price, a stated maximum or a long track record.

Lender List verdict: Arena Funding Source is a small Staten Island funder with fast advances and low entry bars. It publishes no factor rates; at an industry-typical 1.30 factor over six months you would pay about 109% APR (Lender List est.).

Arena Funding Source at a glance

What is Arena Funding Source?

Arena Funding Source LLC, of Staten Island, NY, buys a share of a business's future revenue for a lump sum. It says on Trustpilot that it has funded 1,000+ U.S. businesses since 2023.

How the Arena Funding Source advance works

Arena Funding Source advances cash against future sales, funding approved files within 24 hours.

• Decision: by Arena's own credit rules.
• Credit pull: soft, to check eligibility.
• Repayment: no cadence published; MCAs usually debit fixed daily or weekly amounts.

Arena Funding Source rates and fees

Arena Funding Source does not publish factor rates, holdback, terms or fees; NerdWallet puts typical MCA factor rates at 1.10 to 1.50, holdbacks at 5% to 20% of card sales and terms at 3 to 18 months.

Worked example: $50,000 × 1.30 = $65,000 payback ($15,000 cost). Over 126 daily debits (about six months) that is $515.87 a business day, roughly 109% APR. A 1.10 to 1.50 factor over six months spans about 38% to 174% APR.

Arena does not say whether it files a UCC lien; one Trustpilot reply cites a 5% early-payoff discount.

Merchant cash advance rules that protect you

New York requires funders to disclose an estimated APR, finance charge and payments on offers of $2.5 million or less to New York businesses. Virginia requires sales-based financing providers to register; Arena was on its June 2024 list. Arena is silent on confessions of judgment, stacking and reconciliation.

Arena Funding Source requirements

Arena Funding Source requires a 550 score, 9 months in business and $75,000 in revenue.

See the merchant cash advance category or Forward Financing.

Frequently asked questions about Arena Funding Source

Is Arena Funding Source Legit? Yes, it appears to be an active funder with a short record. Its domain dates to 2023 and it was Virginia-registered in 2024. Its 3.7 Trustpilot score (10 reviews) is polarized: 70% five-star, 30% one-star, with replies to every negative review. We found no BBB profile or regulatory actions.

Is Arena Funding Source a Direct Lender or a Broker? It presents itself as a direct funder that makes its own approval decisions. Some merchants arrive through independent brokers who work with several funders, as Arena has no in-house sales office. Check that your contract names Arena Funding Source LLC.

What Happens If My Sales Drop? It depends on your contract. Some Trustpilot reviewers say Arena adjusted payments when revenue fell; others describe defaults and blocked accounts. Before signing, ask for a reconciliation clause that lets you request lower payments based on your actual deposits.

What Credit Score Does Arena Funding Source Require? The minimum is a 550 personal credit score. Eligibility uses a soft pull, and you also need 9 months in business and $75,000 in yearly revenue. Arena does not say whether lower scores get pricier offers, so ask before applying.

Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.