Frequently Asked Questions
You can establish a strong business credit history by maintaining a healthy account throughout the duration of your loan.
Yes, you are free to utilize the funds in any way you wish. There are no restrictions on how you can use them
No, we have programs available for all credit types. What matters more is that you have a business generating revenue and the necessary banking statements to support it.
Lendek is committed to protecting the privacy of our customers. Unlike other companies, we do not sell your information to third parties. When you choose us, you can rest assured that all your loan applications and inquiries are handled internally. With us, there will be no unwanted phone calls from multiple lenders bothering you. Trust Lendek for a secure and hassle-free lending experience.
No, it is not necessary to have 100% ownership. However, owning a minimum of 51% of the business is required.
A minimum duration of 2 months is necessary, although it is more customary for approved businesses to have been operating for at least 3 months or a longer period.
No, in certain instances, you may actually be eligible for a discount. In fact, our company goes above and beyond to provide our valued customers with potential savings. By carefully assessing your unique circumstances, we aim to offer tailored discounts that suit your needs.