Acorn Finance Review

Acorn Finance provides personalized finance offers for pole barns. While they don’t personally act as the lender, Acorn Finance taps into its vast network of lenders to help potential borrowers get the funds they need for their post frame project.

How Does Pole Barn Financing Work with Acorn Finance?

Acorn Finance provides loan offers to potential borrowers, making it easy to compare rates and terms to find the best option.

  • It takes just 60 seconds to get offers
  • Offers won’t affect your credit score

Essentially, Acorn Finance connects you with potential lenders and gets you pre-qualified without impacting your credit score.

Offers can be sorted by what’s most important to you:

  • Payment amounts
  • Interest rates
  • Length of the loan

The entire process is 100% online, which is both convenient and time-saving. The approval process is quick, and funds may be available within 1 business day if approved.

Although Acorn Finance does send you loan offers, your information will only be sent to credible lenders in their network. Personal information is protected through AES-256 encryption.

Once you find the best loan option for your needs, you will work with the lender directly (not Acorn Finance) to complete the application and approval process. Funds are deposited electronically in as little as one business day.

Acorn Finance Service Area

Acorn Finance serves all of the United States with the exceptions of:

  • New Jersey
  • Maryland
  • Nevada
  • Vermont
  • West Virginia
  • Rhode Island

The company is expanding their services, so these states may be serviced in the near future. Visit Acorn Finance’s Coverage page to see whether they’re serving your state.

Rates and Terms

  • The lenders in Acorn Finance’s network offer loans ranging from $2,000 to $100,000.
  • If you have excellent credit, you may qualify for rates as low as 3.99%.
  • Extended repayment terms up to 12 years (144 months) are available for qualified customers.
  • Zero penalties for early repayment.
  • Loans over $40,000 do not have processing charges.
  • Origination fees of 1-6% may be charged for loans under $40,000.
  • Co-borrowers can be added after submitting an application.

Acorn Finance’s Consumer Financial Partners

Acorn Finance’s network includes well-known lenders, such as:

  • LendingPoint
  • LightStream (part of SunTrust Bank)
  • Best Egg
  • SoFi
  • Upgrade
  • Axos Bank

Advantages of Using Acorn Finance for Your Pole Barn Project

Acorn Finance offers many advantages for potential borrowers:

  • 100% online process
  • Checking offers and pre-qualification does not impact your credit score
  • Low rates for qualified borrowers
  • No processing charges for bigger loans