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At Lendipac, our goal is to help you grow your business.
We assist businesses in their various sectors that have operated up to six months with constant monthly revenue up to $20,000 to access business capital.
We are partnered with top-notch business lenders in the U.S.
Lendipac is lending platform that matches businesses to get funded for their day-to-day business operation. Our lending products span across long-term SBA loans, equipment financing, and commercial real estate funding. We understand that every business need is unique, and that is why we have partnered with various institutional business lenders to deliver fast access to funding.
Access to timely capital is a smart way to grow your business
We build a robust business credit profile, get you ready for funding, and you can grow your business.
Apply
Our core values.
At Lendipac, every business is important, and that is why we source business capital to grow your products and services.
Fast processing
Every business loan application is treated as important as possible.
Digital application
Every business loan application is processed securely through our fintech platform
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Timely funding
You get pre-qualified within minutes of loan application
Growth team for your business
Join our growth team and grow your business with a robust business credit profile, regular funding, and massive digital marketing outreach that can triple your business revenue.
45 Dan Road, Canton, MA 02021
support@lendipac.com
(339) 219-8850
What you need to know before applying for a business loan
Do you have any questions about our lending products? Here are some answers to your questions.
The total cost of a business loan: The sum of the principal, interest, and all associated fees. To determine the full cost, you must account for the Annual Percentage Rate (APR), which includes the base interest rate plus any origination, application, administration, and other fees.
Business loan repayment terms: These vary by loan type and lender, with typical repayment periods ranging from a few months for short-term loans to 25 years for long-term loans like SBA real estate loans.
What can I use a business loan for?
Business loan funds can be used for a variety of purposes, including working capital, equipment and inventory purchases, real estate and facility improvements, refinancing debt, and marketing and expansion efforts.
What are risks involved in using a business loan?
Risks of business loans include loan default leading to loss of collateral or personal assets, high interest costs increasing the total repayment amount, and liquidity risk if the business cannot meet its payment obligations.
Can applying for a business loan affect my credit score?
A business loan can impact your personal credit score, particularly if you have a sole proprietorship, a partnership, or if you personally guarantee the loan. This can happen through hard inquiries when applying, or through late payments and defaults on the loan that are reported to personal credit bureaus, potentially lowering your score. Structuring your business as an LLC or corporation and maintaining separate finances can help mitigate this risk.
What are the repayment terms? Inquire about the payment schedule, when the first payment is due, and if you can repay the loan early without a penalty.
Get funded and grow your business
Short-term business financing could alsif you don’t have the best credit. These loans last about three years and top out at about $500,000, but you can borrow much less.
