Lendified

Avg. Rating: 4.5 (1 review)

Lendified is a Canadian lender founded by former bank executives who wanted to better serve the small business community. Their simple online application allows you to apply in minutes, get a free quote instantly, and receive funding in as fast as 48 hours. With a Lendified loan you can save up to 40% compared to other online lenders or a merchant advance. You can also build your business credit to qualify for even better rates on capital. Get your free quote today to see what your business qualifies for.

  • TIME IN BUSINESS: SINCE 2015
https://www.lendified.com/

1-844-451-3594

372 Bay St 20th floor, Toronto, ON M5H 2W9
Call Center: 9AM-5PM EST Mon-Fri
Support Offered:
  • Web Chat
  • Help Center/Blog
  • Email Support
Availability: All of Canada

Loans Offered

Below are all the loan products offered by this company.

Conditions & Rates

Interest rate 5.6% – 25.5% Amount $1,000 – $35,000 Term 36 – 60 months

Eligibilty & Documents

Who is eligible

  • Canadian citizen or resident
  • Age of majority in the province of residence
  • Valid account with a Canadian bank or financial institution
  • Valid email address
  • Credit score above 660
  • No bankruptcies or current delinquencies on file
  • $20,000 minimum income annually before taxes

What you need to provide

  • Proof of income: 2 paystubs or NOA from last 2 tax returns
  • Verify Identity: digital check through Equifax
  • Verify Bank Account: connect bank via VersaPay to complete verification

Repayment & Issuance

How fast can you get the money 1 day or more Funding method Direct bank deposit How does repayment work Monthly, automated payments

Articles About Lendified

By Jared Lindzon

Jared Lindzon is a regular contributor to top tier publications around the world, including Fortune Magazine, Fast Company, the Guardian, Rolling Stone, the Globe and Mail, and many more.

Lendified Reviews

Avg. Rating: 4.5 (1 review)
Beyond Expectations

Finally someone who understands your business potential. Their team has an amazing background in financing but besides just looking at numbers they take the time to learn a little bit more about you and about your business with the best intention to help... not exactly what we can say about banks ;)

Jay

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