Here’s a summary of what I found about Lendio and Uplyft Capital :
Lendio: Lendio is a U.S.-based online loan marketplace that connects small business owners with various financing options. Founded in 2011, it aims to simplify the loan application process, which typically takes about 15 minutes to complete online. Lendio offers a range of loans, including business lines of credit, SBA loans, merchant cash advances, and more. The company has facilitated over $1 billion in loans, helping more than 51,000 small businesses across the country.
Uplyft Capital: Uplyft Capital is a merchant cash advance (MCA) company that was established in 2012. It provides working capital to sall businesses quickly and efficiently, often within 24 hours. Uplyft Capital assesses factors like cash flow and business growth rather than focusing heavily on personal credit. They offer MCAs with borrowing amounts ranging from $5k to $500k and terms from 2 to 12 months. Uplyft has funded over $300 million to more than 4,500 small and mid-sized businesses.
Both companies are dedicated to supporting small businesses by offering financial solutions tailored to their needs. If you’re considering financing options for your business, these companies might be worth exploring further.