LenCred Reviews 464

So far they have been graciously working with me and they are some of the nicest people I've experienced

So far everything as gone very smooth and explained clearly.
Our contact Joel has been great to deal with!!
I am looking at starting new business in the construction industry.
Thanks
Scott

Joel has been very professional, knowledgeable, and helpful. He made the preliminary process easy and quick. We are now moving on to step 2. He also had good advice. We appreciate him and his help.

everyone nice but have not got anywhere near the amount of funding I was told I could expect

Straight forward and helpful. Very professional and responsive team and let me know where I stood throughout the process.

An excellent and very professional company my resource specialist Randy was well informed and very helpful. I would recommend to anyone.

Only in preliminary stages but Sandra was very nice and helpful.

I have started the process of getting a line of credit from Lencred. I spoke to a gentleman named Joel Wilson who was helpful, personable, and kind. He obviously loves what he does. He provided me with his name and number and told me if I need anything to give him a call. I’m a Hairstylist who has become a small business owner and am working on establishing business credit- an anxious experience for me. He took the fear out of the situation.

I’m impressed. Since I put in my application, someone from Lencred has contacted me regarding the capital needed for my business. I am in the Hair, Wig/Salon business. Joel has answered my questions and has helped me move to the next step to get funds for my business. He was very friendly, pleasant and customer service oriented. I would recommend them if your looking to start your own business.

Katie and Jimmy were awesome! They put me in a position for enough capital to get the things done with my business to move to the next level. And that wouldn't have happened without the capital.
Things are going great now and business is way up.

Thank you to the whole team at LenCred!

Randy was very helpful & he was very professional. He made the process very easy going!

Randy Julien was totally professional! I usually don't do these reviews but Randy deserves a thumbs up . I am a ref partner with Lencred, and hope to do many more deals down the line.

Very kind rep

Jerri and the team we awsome. With their help I was able to get approved for 30k in business funding... way more than what I expected. I highly recommend them if you are serious about taking your business to the next level!

Joel Wilson at Lencred has been very helpful in taking care of my requests. I highly recommend Lencred and Joel.

My name is James Harris im client and i must say Joel provided great customer services he honest respectful and trustworthy that more than you ask for in this business dont hesitate to give him a call

I can't believe I'm the only one who's writing a review like this. Trust me, I looked. If you think you're applying for business financing, you're going to be disappointed. I was referred to this service by Lendio. On my initial Lendio application I indicated I was looking for an SBA Veterans Advantage Loan. We also spoke about SBA Veterans Advantage Lines of Credit.

I was repeatedly assured that my personal credit was stellar and I was a perfect candidate for small business financing. After going of the details of my business and our growth trend, I was told my business was also promising and that I should be a prime candidate.

Again, this entire time I thought I was applying for a Government subsidized SBA Veterans Advantage Loan or Line of Credit, or a non-SBA Line of Credit through a BANK.

I spoke with a lender, no scratch that, a Sales Rep named Jimmy. He's good, I'll give him that. I've been in sales for the past 10 years, so I know good technique when I hear it.

After speaking with Jimmy about the business and getting him excited about our future sales and vision, he curtain parted. Oh no, you wont get a line of credit, but instead well sign you up for 1215 CREDIT CARDS.

LenCred is NOT a bank, lender, or anyone affiliated with the SBA. No, they are a CREDIT CARD Affiliate. On top of their healthy commissions they will receive from the credit card companies for signing me up, they want an 8% "Loan origination fee". Don't know why I'm paying for a loan origination for NOT A LOAN. They also said they have a company they work with to gain access to cash from the cards, where they charge the Credit Cards and then wire the money to me or my vendors. This sounds pretty shady and I'm not sure the IRS would be a fan of this. But I'm not a CPA so I don't know.

Long story short. If you are reading this and wondering "Am I being referred to a legitimate lending institution?" No, no you're not. You're working with a credit card sales agency. If you're in desperate need of capital for your business and everyone else has turned you down, and you don't mind frying your personal credit, then LenCred may be your last option. Do yourself a favor, talk to a bank first.

I am in the yoga biz and loved talking to Joel! He rocked it. He made me laugh and he is quite knowledgable. The call was also quick and concise. He did not waste my time, which I appreciated.

I found Randy to be very knowledgeable, helpful and informative. He explained the process to me and I'm looking forward to doing business with Lencred.