Business Requirements

A LendSpark Business Loan is based upon a number of factors including the business’s cash flow, frequency of bank deposits, industry type and owner’s credit. Fixed payments are automatically transferred via ACH on a daily or weekly basis until the obligation has been met. The business owner submits a one-page application along with the past 6 months business bank statements and, if available, the past 4 months Merchant Processing Statements. Within 24 hours a funding offer can be presented, and funding can be provided within 1-2 days of a client-executed MCA agreement. Minimum TIB 2+ years.

· Credit Card Processing is Not Required

· Programs for Almost Every Credit Type and Score

· Fast Turnarounds with 24-Hour Approvals

· Funding up to $1,000,000 in as Little as 5 Days

· Payback Periods up to 24 Months

· Fast Approvals – Often Same Business Day