Lendr Reviews
Learn more about Lendr small business loans. Includes Lendr reviews, ratings, pricing, company information, and frequently asked questions.
Updated on February 24th, 2022
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Lendr LLC provides small business loans to SMBs across a variety of industries. Through Lendr, companies are able to apply for working capital or cash advances online and receive funding within 48 hours.
Pricing:
Loan Type | Loan Amount | Interest Rates | Payment Term |
|---|---|---|---|
Working Capital | $5,000 - $500,000 | Starting at 12% | From 4 months |
Review:
Pros: Easy online application, low-credit borrowers may apply, fast funding, good customer service.
Cons: Additional fees.
Bottomline: Lendr provides fixed-term loans and merchant cash advances to small and medium-sized businesses.
Key Information:
Legal Name | Lendr, LLC |
Founder | |
Founding Date | Apr 05, 2011 |
Address | 515 N State Street, Suite 950, Chicago, IL 60654 United States |
Number of Employees | 25 |
Number of Customers | 99 |
Telephone | |
Website |
FAQs:
How do I borrow from Lendr?
- Logon to the Lendr website
- Select the loan you’re interested in.
- Complete your application and confirm agreement to the Terms & Conditions.
- Click the SUBMIT button.
- Wait for approval.
How does Lendr work?
Lender offers cash advances to help small businesses grow. Business owners can apply online and funds are usually transferred within 48 hours after approval. As a borrower, you agree to pay back the advance, plus a fee, by allowing Lendr to take a fixed percentage of your daily bank deposits until the entire amount is paid back. This gives you a repayment structure that works with your daily cash flow.
How do I claim my Lendr loan?
Once your loan application has been approved, you can claim your credit card or loan proceeds.
Do I qualify for a Lendr loan?
To qualify for Lendr funding, you need to be in business for at least a year and have $10,000.00 or more in monthly revenue. You do not need a perfect credit score to obtain a loan as Lendr prefers to focus on your sales volume.
How do I apply for a Lendr loan?
Go to Lendr's website and click "Apply Now" in the top right corner of the homepage.
Where is Lendr's headquarters?
Lendr Chicago IL is the head office of Lendr LLC.
Is there a Lendr app?
No. Lendr does not have an app.
How do I get in touch with Lendr?
You can contact Lendr on 1 (888) 887-2812.
What is Lendr's website address?
The Lendr web link is lendr.online.