TradeFin Competitors

Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform. The Lendio Marketplace matches business owners with funding from over 75 lenders and financial partners, all through one simple online application. Lendio’s Embedded Marketplace brings this experience seamlessly to small business service providers’ ecosystems, allowing them to embed a full loan application and funding solution within their platform. For banks and lenders, Lendio’s purpose-built software integrates within their tech stack to automate small business loan decisioning, underwrite applicants, and connect financial institutions with curated applicants from Lendio’s direct and embedded marketplaces. With a single technology platform, Lendio is fueling the dreams of small business owners wherever they seek capital. Since 2011, Lendio has facilitated more than 520,000 small business loans and other financing options totaling over $17 billion.

At OnDeck, we make small business a big deal. Our passion for Main Street and the cutting-edge technology we use to evaluate businesses based on their actual performance, not solely business owners’ personal credit scores, make it possible for us to responsibly expand access to credit. This allows businesses to spend their time where it provides the most benefit—on their customers, not looking for a small business loan. As of fall 2020, OnDeck is an Enova International brand.

Est. APR: 24.00 - 99.00% Min. Credit Score: 560 Financing up to $250,000 available within a few days. Accepts low credit scores. Rates are high compared to other online lenders. Must have online checking or PayPal account to verify cash flow. Fixed-fee structure means early repayment does not save interest. Kabbage is a good option for borrowers who: >>Don’t have perfect personal credit: While underwriting your loan, Kabbage focuses on less traditional information like banking, accounting and e-commerce data. That makes it a good fit for business owners with rocky credit histories. >>Need cash fast: With an online application that can be completed in minutes, you can be approved for a line of credit and funded within a few days, at most. >>Prefer a short repayment period: Kabbage offers loans of up to $250,000 with repayment terms of six, 12 or 18 months.