Deal Guidelines • Lendr

Take a look at our Latest deal submission guidelines

Offer Guidelines

Deal Range: $10k – $150k
Funding Speed: Same day
Buy Rate: Start as low as 1.10
Term: 4 to 12 months
FICO Score: 500 Minimum
Bank Statement Requirements: 3 Months
NSFs: Average of 6 maximum over prior 3 months
Negative Days: Average of 5 maximum over prior 3 months
Current Fundings: Will pay off up to 2 other fundings ($40k max) – Net 60% Rule
Liens:

  • State liens <$20k must be paid off
  • State liens $20k-$50k must be in payment plan
  • Federal liens >$100k must be in payment plan

Bankruptcies: No open BK’s & must be discharged at least a year prior
Business Status: Must be open and operating via Secretary of State
** Weekly is auto-approved for fundings < $50k

** Given current economic environment, Lendr maintains these guidelines as directional and subject to modification

What to Submit

Conditional Stipulations

Our Rate Cards

Gold
Term Buy Rate Max Upsell Sell Rate
6 months 1.16 17 pts 1.33
7 months 1.17 17 pts 1.34
8 months 1.18 17 pts 1.35
9 months 1.19 17 pts 1.36
10 months 1.23 17 pts 1.40
11 months 1.25 17 pts 1.42
12 months 1.27 17 pts 1.44
Silver
Term Buy Rate Max Upsell Sell Rate
6 months 1.21 15 pts 1.36
7 months 1.22 15 pts 1.37
8 months 1.23 15 pts 1.38
9 months 1.24 15 pts 1.39
10 months 1.28 15 pts 1.43
11 months 1.32 15 pts 1.47
12 months 1.35 15 pts 1.50
Bronze
Term Buy Rate Max Upsell Sell Rate
6 months 1.27 12 pts 1.39
7 months 1.30 12 pts 1.42
8 months 1.33 12 pts 1.45
ISO Prepay Discounts Factor Rate + Upsell
1 month 1.10
2 months 1.11
3 months 1.12
4 months 1.13
5 months 1.14

** Max prepay must be < 40% of term

Bronze Industries

Deal criteria for bronze businesses:

  • Max Funding $75k
  • All bronze industries may be subject to tier increase (Silver / Gold)

Prohibited Industries

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