Lendr
Curated by SignalFintech platform offering merchant cash advances and working capital solutions.
Overview
Lendr operates in the fintech sector, focusing on merchant cash advances and various financial solutions for small businesses. The platform enables businesses to access capital quickly, which can be used for operational needs such as inventory management, repairs, and growth initiatives. Lendr primarily targets small businesses engaged in business-to-business or business-to-government transactions. The company employs technology to optimize the funding process, allowing for a swift evaluation of sales history and cash flow. It offers flexible repayment options that vary with sales volume, aiming to mitigate the difficulties businesses encounter when seeking traditional financing. Additionally, Lendr provides an online service application, myLendr, which supports customer engagement and document accessibility.
Key facts
- Founded
- 2011
- Headquarters
- Chicago, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 2 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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