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Lendica

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Trade finance platform providing working capital loans for SMBs.

Overview

Lendica operates in the fintech sector, focusing on trade finance solutions for small and medium-sized businesses (SMBs) that require working capital loans. The platform offers short-term financing options based on trade activities, which assist businesses in managing their operational costs. Lendica's services include a checkout demo, portal demo, and an SMB Funding Toolkit, aimed at simplifying the financing process. The company targets businesses with annual sales ranging from $1 million to $50 million, highlighting features such as expedited application processes, immediate credit decisions, and transparency in fees. By integrating with existing business workflows, Lendica seeks to address liquidity challenges faced by SMBs, facilitating their growth and cash flow management.

Key facts

Founded
2020

Business model

Contact

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About Lendica

What does Lendica do?

Lendica operates in the fintech sector, focusing on trade finance solutions for small and medium-sized businesses (SMBs) that require working capital loans.

Where is Lendica headquartered?

Lendica is headquartered in Boston, United States.

When was Lendica founded?

Lendica was founded in 2020.

Which sector is Lendica in?

Lendica operates in Digital Lending, part of Financial Technology.

Who are Lendica's competitors?

Companies similar to Lendica include Insyts, Panamax, and WoCap FinSuite.