LoanMe Reviews, Loan Options, and FAQs
Find out more about LoanMe small business loans with customer reviews, loan options and frequently asked questions.
Updated on February 25th, 2022
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LoanMe is a loan provider that distributes personal loans and small business loans. With LoanMe, businesses can get approved for fast small business loans when they need financing quickly.
Loan Options:
Loan Type | Amount |
|---|---|
Personal Loan | $2,600.00 to $100,000.00 |
Small Business Loan | $3,500.00 to $250,000.00 |
Review:
Pros: Conditional loan approval within minutes. No collateral required.
Cons: Repayment terms are not flexible.
Bottomline: LoanMe has a fast application process and lower minimum requirements than most traditional small business lenders.
Key Information:
Legal Name | LoanMe, Inc. |
Founder | Paul Reddam |
Founding Date | Sep 24, 2013 |
Address | 1900 South College Boulevard, Suite 300, Anaheim, CA 92806 United States |
Number of Employees | 100 |
Number of Customers | 150000 |
Telephone | |
Website |
FAQs:
What happens when you don't pay LoanMe?
LoanMe may charge late fees. When a loan goes into default, it may be turned over to a collection agency.
Does LoanMe report to credit bureaus?
Yes, LoanMe reports to both personal and business credit bureaus.
What are LoanMe's rates?
LoanMe interest rates on business loans range from 14,9% to 159% and origination fees range from 5% to 15% but can be much higher depending on the type of loan.
LoanMe loans range from $2,600.00 to $250,000.00.
How do I contact a LoanMe Inc. customer support representative?
If you want to speak to someone about LoanMe loans, you can call 1 (844) 956-2663.
How long does it take to get approved for a LoanMe business loan?
If you apply online, you could receive conditional loan approval within five minutes. Following your conditional approval, your credit score and other information will be verified.
Are there any alternatives to LoanMe?
- LendingClub.
- Ondeck.
- Quarterspot.
- Square Capital.
- Headway Capital.
- StreetShares.
- Lendio.
- Lendr.
- Behalf.
- Kabbage.