Question 1

How do I apply?

Accepted Answer

Lendhalo has a variety of loan programs available to meet all the unique funding needs of your business. To qualify for most programs for working capital, your business should meet the following requirements:
 
1. Minimum of 3 months in business
2. Minumum of $60,000 in annual revenue
3. Minumum 500 FICO score of the busies s owner
 
Contact a funding experts at (305) 805-8285 to see what options are available for you.

Question 2

What information do I need to apply?

Accepted Answer

Most of our loan programs are streamlined to be non-invasive for a pre-qualification. In most circumstances the basic information we need about you are your business include:
 
1. Business Tax ID
2. Last 4 months of business bank statements
3.Pre-qualification application sent by DocuSign
 
A completed funding application is our pre-qualification application sent by DocuSign and your most recent 4 months of business bank statements.

Question 3

How do I know what loan programs would be best for me?

Accepted Answer

No worries! It is our job to go over all funding programs available to you. Our funding experts will ask you questions to help us guide you to the best products available for your business needs.

Question 4

How does the application process work?

Accepted Answer

Lendhalo has developed a quick and easy applicaion process that takes less than 10 minutues to apply securely online.

Question 5

What are the rates and terms?

Accepted Answer

Your rate and term will will depend on the full review of your completed funding application to determing the health of your business and revenue. 
 
Don't worry, we take a holistic approach when reviewing your funding application and we guarantee to go over all options available to you.

Question 6

What will be my repayment frequency?

Accepted Answer

Repayment frequencies can be daily, weekly or monthly depending on what the busienss qualifies for. You are always given all payment options available to you.

Question 7

How quickly can I get funded?

Accepted Answer

We can move as quick as you do! Once we recieve a completed funding application, we will get a decision in as little as 24 hours and can have you funded in as quick as 48 hours.

Question 8

How are the funds sent to me?

Accepted Answer

Funds are usually sent by Automated Clearinghouse (ACH) or sent via wire to the bank account analyzed for the application.

Question 9

Is there any obligation once I apply?

Accepted Answer

No, once you apply with Lendhalo, there is no obligation to accept the offers available to you. Usually, your offer will be good for 30 days before you have to re-apply.

Question 10

Why Lendhalo?

Accepted Answer

Our business lending experts are true consultants committed to helping small business access the best funding solutions available to them. We understand that all your decisions need to make business sense including for obtaining capital. We are your funding warriors.

(305) 805-8285

info@lendhalo.com

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