Short-Term Loan by Lendistry

Short-Term Loan by Lendistry

Sometimes businesses only need capital to cover a temporary shortfall in their cash flow in instances like paying suppliers upfront for purchase orders or fulfilling an order of job prior to payment. Lendistry’s Short-Term Loans are perfect for small businesses that need to acquire funding quickly but expect to repay the loan within 6-12 months. Lendistry’s Short-Term Loans offer competitive rates, transparent terms, and flexible repayment options.

7/10

Cost
30% Complete
Low High
Effort to Apply
40% Complete
Easy Difficult
Funding Speed
40% Complete
Minutes Months
Repayment Terms
55% Complete
Months Years

Bottom Line

This loan has a wide range of rates and terms, so make sure you have an idea of what you are qualifying for.

Pros

Up to one year to repay. Lower requirements than similar loans.

Cons

Only lend to California businesses. Origination and UCC filing fees. Potentially daily repayment.

Cost
10% - 27% APR
Repayment Terms
Daily or weekly payments for 6 - 12 months
Funding Amount
$50,000 - $250,000
Origination Fee
2%
Funding Speed
1 week
Other Fees
$100 for UCC filing
Annual Revenue
At least $150,000
Time in Business
At least 2 years in business
Knockouts
No bankruptcies in the past 3 years. No more than 3 MCA UCC filings. No default or government debt. No defaults on government debt.
Prepayment Penalty
None

Add Review

Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.

There are no reviews yet. Share your thoughts with other customers.