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Lendified

Avg. Rating: 4.8 (3 reviews)

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.

 

Lendified is a member of the Canadian Lenders Association:

 

  • 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

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate 8.99% – 18.99% Amount $5,000 – $150,000 Term 3 – 24 months

Eligibility & Documents

Who is eligible

  • 6+ months in business
  • 610+ credit score
  • At least $100,000 in total revenue in the past 12 months
  • Positive cash flow

What you need to provide

  • Government issued identification
  • Business banking statements

Repayment & Issuance

How fast can you get the money As fast as 48 hours Funding method Direct bank deposit How does repayment work Fixed bi-weekly payments with no prepayment penalty if paid from cash flow

Articles About Lendified

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Former Bank Executives Launch Lendified.com To Fill Canada’s Small Business Lending Gap
By Jared Lindzon

Jared Lindzon is an experienced journalist, writer and public speaker. He specializes in Business, Technology, Lending and FinTech industries in Canada and abroad. Jared is a regular contributor to Smarter Loans and 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: 4.8 (3 reviews)
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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
Lendified provides excellent customer service

Lendified provides excellent communication and customer service. They do their best to work with you and help you get what you need to ensure your success. I would use them any time!

Shane (owner of Lumera Productions)
Honest & Fair

From my very first conversation with Lendified on the phone I felt good. These guys have very good rates and they seem very fair, transparent and honest. They are doing a lot of things right.

John

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