What will my rate be?
Unlike some lenders who charge a high standard rate for all customers, Lendified provides you with a rate unique to the profile of your business. We do this by looking at the overall health of your business, not just your credit score.
Most businesses we serve receive an Annual Interest Rate between 8 and 18%, which is often much lower than the rates of merchant advance financing and other alternative lenders. You may see a lower rate with a bank loan, but we offer a faster and simpler financing process and do not require any specific collateral.