|Loan Amount||$1,000 - $250,000|
|Loan Term (Months)||N/A|
Where does Lendini do business?
Lendini is a financial services company based in Langhorne, PA. It was founded in 2015 and offers access to business loans in 50 states (and Washington, DC).
What are Lendini’s rates?
Lendini offers a business financing product but they do not disclose their rates.
Does Lendini charge an origination fee?
Yes, Lendini charges a loan origination fee.
What limitations does Lendini set on the purpose of the loan?
Lendini considers loan applications for business purposes, such as:
- Business Debt Refinance
- Equipment Purchase
- Lease Improvement
- New Location
- Product or Service Expansion
- Working capital
What types of business loans does Lendini offer?
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Lendini provides access to the following business loan types:
- Merchant Cash Advances
- ACH Cashflow Loans
Does Lendini charge prepayment fees?Yes, Lendini charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.
How much can you borrow from Lendini?Loan amounts start at $1,000 and go up to $250,000.
What do you need to qualify for a loan with Lendini?
Applicants with a credit score of at least 450 can apply for a loan via Lendini. Lendini does not require borrowers to have been in business for a minimum number of years. Businesses don't have to meet a minimum annual revenue to be considered
Only U.S. citizens can apply for a loan. Lendini only considers borrowers who are employed or self-employed.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Credit Score Range||
450 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Loan Amount||$1K - $250K|