Lendspark®

Up to $1 million

Lendspark is a national firm and licensed direct lender in all 50 states. They offer equipment financing, working capital loans and commercial real estate loans.

After a funding analysis is conducted, they typically have several options to present even if you have bad credit. Funding options such as equipment financing, SBA, term loans, as well as lines of credit and inventory financing.

Elements of Funding Analysis

  • U.S. based business
  • Credit report
  • Comparable business credit
  • Bank statements
  • Business financials

Requirements

  • 6+ months time-in-business
  • $15k+ in monthly revenue
  • Bad credit OK
  • Business bank account
  • No more than 5 insufficient funds days in any one month

CLICK HERE to apply

  • 1

    Remember - Bank & Lender Relationships

    At level 3 you should already have 10+ tradelines reporting from Level 1 and Level 2 combined. At level 3 it's key to establish multiple bank and lender relationships by maximizing your funding potential.

  • 2

    Tip - Leverage Newly Established Lending Relationships

    When you get a business line of credit it’s important to use that account on a periodic basis. Wait at least 6 months before requesting a credit limit increase or applying for a new funding product offered by a lender you have an existing business credit line with.

  • 3

    Tip - Payment Activity

    Always pay your bill on or ahead of the due date. Paying better than terms is ideal since this can improve your credit rating even more. Plus, a lender will always review your existing account history when you apply for more business credit or business loan with them.