FAQ

After I apply how is my personal information saved?

Many companies will sell your information times over to other thrid parties (similar to how Lendingtree.com operates) or even possibly run your information through several banks without telling you. Here at LendAbiz your information is not sold and it's stored in an encrypted database. You will only being doing business with LendAbiz and its successors. Your assigned finance advisor will communicate with you on every step of the process from start to finish.

Once an offer is approved and accepted how long will it take to get the money into my account?

This depends on the loan program. Term loans, LOC and MCA refinance program can take 2-3 business days for a pre-approval offer after you accept the pre-approval closing can take up to 3-5 business days depends how fast you get us the required documents needed to fund your loan.  

What is the interest rate?

This depends on the loan program that best suites your financial needs.  We offer term loans with rates as low as 4.99%-9.99% APR with payment terms that go out 1-5 years and lines of credit for as low 1-2% Monthly.  Another option if you have multiple Merchant Cash Advances (aka daily, weekly payment loans) and you would like to turn them into (1) monthly payment our MCA Refinance Program is the way to go! Rates are up to 24.99% depending each States Usury laws.  There are no application fees and we do only soft credit pulls which means your credit score will not be affected. So what do you have to lose? Apply today!