How it works

Two minutes to apply, a day or two to fund, and nothing to pay for finding out.

One application, in front of eighty-five lenders at once.

Step 01

You apply

About two minutes online with the basics about the business. No fee, no documents to start, and a soft credit check that leaves the owner's score where it is.

An owner filling the application in from the workshop.

Step 02

Eighty-five lenders see it at once

One application goes out to the whole network rather than to one bank at a time, so the offers come back together and can be read against each other instead of accepted one by one.

Reading the offers that came back, side by side.

Step 03

A specialist reads them with you

Someone whose job is reading these goes through what came back — what each costs, how each is repaid, and which ones you should refuse. Then you choose, or you do not.

Said plainly

What this is, stated plainly.

LendCloud is not the lender: It arranges the funding and is paid by the lender on a completed deal. The amount, the rate, the term and the decision all belong to whichever lender you accept.
Five of the six need no collateral: Equipment financing is the exception: it is normally secured on the equipment it pays for, which is also why it is the cheapest rate here. Ask what the security is before you sign it.
Applying does not mark your credit: The application is a soft credit check. A hard inquiry happens later, with your agreement, and only if you proceed with a particular lender.
The costs above are floors: They are where each program starts. What a business is actually offered depends on its revenue, how long it has traded and its credit profile.
Nothing is payable to us: No application fee, no upfront cost, and nothing owed if every offer is refused.

Questions

How much can a business get?

Between $5,000 and $1,000,000, depending on which program fits and what the business turns over. Four of the six reach $1M; the advance stops at $500,000 and equipment financing at $250,000.

How quickly does the money arrive?

One to two days for most of the six once an offer is accepted; the cash advance is 24 to 48 hours. Nothing here funds in an hour, whatever the industry advertises.

What do I need to apply?

Basic information about the business. No documents are needed to start and no tax returns are required; bank statements are asked for once there is an offer to look at.

Will applying hurt my credit score?

No. The application is a soft credit check and leaves no mark. A hard inquiry only happens if you decide to proceed with a lender.

Do I qualify?

Most businesses trading six months or more with consistent monthly deposits will get offers. Credit is looked at and is not the deciding factor — the cash advance in particular is decided on takings rather than on a credit file.

Am I obliged to accept anything?

No. The offers are yours to read and refuse, and nothing is owed if you refuse all of them.

The application

Apply

About two minutes, no fee, no obligation, and no mark on the owner's credit score for asking.