How Lendr Gets Capital to Small Businesses Nationwide
Specialty financing is intended to support small to midsize businesses’ capital needs, especially in cases where traditional lenders — and the stringent criteria many require business applicants to meet in order to secure financing — may not be a good fit.
While there’s no shortage of specialty financing companies eager to lend cash to businesses at exorbitant interest rates and unreasonable terms, Lendr is committed to offering convenient access to specialty financing solutions designed to support our clients’ business needs — not hinder their financial stability and ability to thrive.
What Does Your Business Need Specialty Financing For?
Small business funding
Our working capital program is designed to support the capital needs of businesses that have been operating for at least 12 months, have at least $10,000 of monthly revenue, and a minimum credit score of 520. We offer unique specialty finance terms including competitive interest rates, and funding amounts up to $300,000.
Merchant cash advances
Lendr’s merchant cash advance (MCA) specialty financing isn’t a loan, and it doesn’t come with a traditional repayment structure. Rather, how much you can borrow, and how you repay is based on your company’s credit/debit card sales transactions. While most of our clients repay daily in small percentages based on their settled or batched credit and debit transactions, some opt for an automatic weekly ACH transfer. The Lendr team will work with you to find the right repayment solution for your business.
Lendr specialty finance solutions can be used to support any number of business capital needs, including the purchase of equipment. Once your application is approved, you can access your funds, delivered electronically to your bank account, usually within two to three business days.
Unlike traditional lenders, our specialty financing decisions are based on far more than your credit history, length of time in business, or business plan. You simply need to have been in operation for at least 12 months, have a history of monthly revenue of $10,000 or more, and meet a few other simple requirements. It only takes about five minutes to get the application process underway, and starts with a few basic questions.
We believe that specialty finance should be a simple, transparent solution.
Unlike many specialty finance companies, we are 100 percent focused on helping you succeed. Our executive team has more than 75 years of collective financial industry experience; we believe that every small business has a story — and one in which we’re honored to potentially play a role.
We treat every client like a partner, and will never recommend that you borrow more than you need, or commit to specialty financing terms you don’t understand. While we believe in the power of technology to expedite capital needs, we’re available to provide the personal support that is critical to your success.
Ready to explore how Lendr can meet your specialty financing needs? So are we. Let’s get started.Get Started