Small Business Loans For Today’s Business Realities
Lendelio Term Loan
When it comes to small business loans, one size
does not fit all. Learn about your options.
When borrowing money for a specific investment—whether you’re starting a new project or making a large purchase—an Lendelio Term Loan is the right type of loan for you. A term loan means you borrow a one-time lump sum of cash and pay it back over a fixed period of time, or a “term.” Our short term loans range in term length, giving you flexibility around repayment.
When you need ongoing, quick access to working capital—say, for managing cash flow—an Lendelio Line of Credit (LOC) is the way to go. Our flexible business line of credit is revolving, which means you can withdraw from your credit line (up to $100,000) and funds replenish as you repay the line. In other words, you can use it on a routine basis. Plus, with a LOC, you only pay interest on the funds you use.
For businesses impacted by coronavirus, there are SBA Paycheck Protection Program (PPP) loans. Please note that Lendelio is no longer accepting new applications for SBA PPP Loans. To learn more about PPP, including about forgiveness and repayment terms on your PPP loan, please visit our SBA PPP Loan page.
Lendelio Term Loan
Loan amounts of $50K–$750K
Repayment terms up to 60 months*
Lendelio Line of Credit
Loan amounts of $15K–$250K
Repayment terms up to 36 months*
3 reasons to choose
Lendelio over any other lender
Simple Process
Tailored Options
Real People
50,000+
$3B+
4.7 / 5
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How to compare small business
loan offers
For businesses impacted by coronavirus, there are SBA Paycheck Protection Program (PPP) loans. Please note that Lendelio is no longer accepting new applications for SBA PPP Loans. To learn more about PPP, including about forgiveness and repayment terms on your PPP loan, please visit our SBA PPP Loan page.
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Requirements for an Lendelio Term Loan or Line of Credit*
Maximum Requirement
Time In Business 1 Year
Personal Fics Store 600
Business Annual Revenue $100K
Business bank Account Yes