GoFundMe Review

Most people think of GoFundMe as a source of funding for emergency needs, but you can also use it to raise funds for your business.

    Jason Vissers
  • Last updated onUpdated

  • Chelsea Krause
  • REVIEWED BY

    Chelsea Krause

    Lead Staff Writer

Our content reflects the editorial opinions of our experts. While our site makes money through referral partnerships, we only partner with companies that meet our standards for quality, as outlined in our independent rating and scoring system.

GoFundMe

Total Rating 4.0
Fees Excellent
Application Process Excellent
Sales & Advertising Transparency Good
Customer Service Good
Reviews Fair

GoFundMe At A Glance

  • Known primarily for personal/charitable crowdfunding, GoFundMe can also be used to raise business capital
  • Unlike other crowdfunding sites, GoFundMe does not charge a platform fee, just a payment processing fee
  • A 2.9% + $0.30 per-transaction fee is taken from every donation to cover processing costs — this is a common online processing rate

Jason Vissers

Jason Vissers

Expert Contributor at Merchant Maverick
Jason has been writing about small business software platforms, services, and financing since 2015. Jason’s expertise has been featured in Yahoo Finance, Time/NextAdvisor, Home Business Magazine, CreditCards.com, GoBankingRates, TheLadders.com, and other publications. He has a bachelor’s degree in Political Science from San Diego State University and currently lives in Philadelphia, Pennsylvania.
Jason Vissers
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Jason Vissers

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Explore a wide range of business loan options at BusinessLoans.com. With no minimum credit score requirement, find the perfect funding solution for your needs. Get Started.

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