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Brooke Brown of Lendini at Broker Fair


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Lendini Relaxes Previously Announced Covid-Guidelines

September 9, 2020
Article by:

Bensalem, PA –September 9, 2020– Lendini is excited to announce its return to small business funding. Through superior efficiency and analysis, the company has improved the process of alternative funding from some of the brightest minds in finance, technology and analytics. With updated (temporary COVID-19) guidelines, they remain dedicated and committed to their merchants and ISOs in these unprecedented times.

Lendini works directly with you to prepare the best package for your client, whether that be a Business Cash Advance (BCA) or Merchant Cash Advance (MCA). Simply put, Lendini advances money based on the average monthly gross sales of a business or average monthly credit card sales. Money can be advanced quickly because securing assets and collateral is not required.

Get clients funded in 4 easy steps; application submission, information review, approval or denial, final review and your client is funded. Minimal documentation is required. The company must have 18 months in business with $7,500 per month in gross sales and an average daily balance of $750. We require a minimum of 5 deposits, monthly into the business bank account.

Funding Stipulations:

  • Bank login
  • Funding call with merchant

Required Documents:

  • Application
  • All 2020 business bank statements + MTD
  • Signed and dated agreement
  • Proof of business existence
  • Meets state registration requirements
  • Proof of ownership
  • Merchant interview
  • Driver’s license
  • Voided check (starter checks will not be accepted)

With $540 million dollars funded to 15,000 small businesses, Lendini offers incomparable solutions customized specifically for your client. The company prides itself in being able to offer up to $300,000 in as little as 1 business day (in most cases). Funding can be used for any business purpose you may have.

Lendini is not a bank and does not provide loans, they offer cash advances. With Lendini, business owners receive the capital they need without lengthy delays or excessive paperwork. In general, Lendini offers pre-approvals in under three hours and next day funding of approved advances. The staff provides unparalleled customer service and treats each business owner with the respect they deserve.

Lendini is Back

September 2, 2020
Article by:

Lendini LogoBensalem, PA –September 3, 2020Lendini is excited to announce its return to small business funding. Through superior efficiency and analysis, the company has improved the process of alternative funding from some of the brightest minds in finance, technology and analytics. With updated (temporary COVID-19) guidelines, they remain dedicated and committed to their merchants and ISOs in these unprecedented times.

Lendini works directly with you to prepare the best package for your client, whether that be a Business Cash Advance (BCA) or Merchant Cash Advance (MCA). Simply put, Lendini advances money based on the average monthly gross sales of a business or average monthly credit card sales. Money can be advanced quickly because securing assets and collateral is not required.

Get clients funded in 4 easy steps; application submission, information review, approval or denial, final review and your client is funded. Minimal documentation is required. The company must have 18 months in business with $7,500 per month in gross sales and an average daily balance of $750. We require a minimum of 5 deposits, monthly into the business bank account.

Funding Stipulations:

  • Bank login
  • Funding call with merchant

Required Documents:

  • Application
  • All 2020 business bank statements + MTD
  • Signed and dated agreement
  • Proof of business existence
  • Meets state registration requirements
  • Proof of ownership
  • Merchant interview
  • Driver’s license
  • Voided check (starter checks will not be accepted)

Industries accepted:

  • Restaurants (with takeout)
  • Pharmacies
  • Healthcare
  • Manufacturing
  • Transportation (freight)
  • Healthcare (primary care)
  • Automotive repair
  • Grocery stores

With $540 million dollars funded to 15,000 small businesses, Lendini offers incomparable solutions customized specifically for your client. The company prides itself in being able to offer up to $300,000 in as little as 1 business day (in most cases). Funding can be used for any business purpose you may have.

Lendini is not a bank and does not provide loans, they offer cash advances. With Lendini, business owners receive the capital they need without lengthy delays or excessive paperwork. In general, Lendini offers pre-approvals in under three hours and next day funding of approved advances. The staff provides unparalleled customer service and treats each business owner with the respect they deserve.

Putting in the “Work” in Network

November 18, 2022
Article by:

social mediaWorking in alternative finance goes beyond sitting at a desk, making phone calls, and closing deals. Social media, networking, and staying up to date on industry current events are just as necessary, if not crucial as a financial professional.

Social Media

While some may doubt social media’s importance when it comes to finance, it holds more value than one may give it credit for. LinkedIn was recently ranked as the #1 platform for financial services followed by Twitter, TikTok, YouTube, Instagram & Facebook. A business social media presence allows potential clients to see the success and growth of a company, remain updated on exciting news, and be constantly reminded of their existence.

“Us keeping our content up and our exposure up is vitally important in social media,” said David Kirk, National Sales Manager at ACH Works. “And not just LinkedIn, but also the blogs and the forums on the different channels.”

“I think the importance of being able to market on social media and being able to show other companies about yourself is huge,” said Josh Feinberg, President at Everlasting Capital. “And the reason why I think it’s huge is because it shows that you’re a real company with real goals, real values, and it shows the outside world you’re a real company.”

Feinberg added that businesses should use social media to support other people and businesses as well and not just talk about themselves all the time.

“I definitely think as an industry as a whole you have to work together and be able to shout out other companies and being able to show support because being able to get to the next level isn’t just a single-handed thing,” said Feinberg. “It definitely takes a team and sometimes that includes other people outside of your own company and really helping other companies grow alongside with you.”

Industry Events

Networking with other colleagues is an essential part of being an active member in the finance community. Forming genuine connections with people around the country can result in partnerships, a broader clientele, or just another ally in the field.

“As far as networking goes, I think it’s the most important thing you can do. You need to know what’s going on in the industry, around the industry, not only for yourself but also for your clients to be able to deliver a better product to the end user,” said Tony Cimino, Director of Partnerships at ROK Financial, during a brief interview at this past Broker Fair. “And that’s what we’re all here for anyways is to actually get deals done.”

“We do a lot of emails and phone calls but when it comes to that face-to-face interaction, it’s a totally different story,” said Brooke Brown, ISO Manager at Lendini, during Broker Fair. “It changes the game, and it just adds a completely different feel to the relationship, so I really look forward to these types of events.”

And one can’t forget the news itself to stay updated either.

“I go to AltFinance,” said Kirk of ACH Works. “I go to the Third Party Payment Processors Association, I get their newsletter, I regularly go to Daily Funder.”

The Flair at Broker Fair

October 27, 2022
Article by:

broker fair podium

Broker Fair 2022 sponsor showcase roomTimes Square this weekend was filled with representatives of the alternative finance and fintech industry for this year’s Broker Fair.

“There’s just lots of opportunities to network, I mean there’s certainly breakout sessions and things like that, I think many people are excited about those, but I think everybody’s here to network,” said Mike Mroszak, Vice President of Strategic Partnership at Dedicated Financial GBC. “…there’s ample opportunities to do that, the trade show room here is always packed with people, which is not always the case in every conference, so that’s a little bit unique to Broker Fair.”

Funder, brokers, and lenders flooded the sponsor showcase room to talk business and give out swag.

“The best tchotchke is the Lendini tchotchke. Okay, what it is, it’s just a little tool kit, very practical, very handy,” said Michael O’Hare, President at Cashyew Leads. “…the funniest one is actually from FinTap and basically, it’s a button and it says, funded, kind of based off of what Staples says, that was easy, instead it says funded.”




bf new normal

Broker Fair - debanked connect MiamiSpeakers included Jay Shaw from OnDeck discussing what makes a successful sales team and Keynote speaker Kaplan Mobray inspiring attendees to be excellent. Mobray even surprised the audience with a quick clarinet show. Other sessions that took place include: Bad Deals, The Great Debate, Building America, Equipping the Dream Behind the Scenes, Successful Sales Team (Panel), The State of Real Estate, Truck and Equipment Financing 101, and legal panels surrounding litigation alternatives and the new disclosure laws.
Platinum sponsors Lendini, Rapid Finance, and National Funding also took the stage in between sessions.

deBanked CONNECT Miami was also announced for January 19th, 2023, at the Miami Beach Convention Center. With reoccurring faces at this year’s event, attendees, sponsors and speakers are very excited to reconvene once again in Miami.

“It’s been a good time, not my first actually, my second, but I’m looking to do a lot more and definitely the Miami one in January,” said Charles Wolff, VP of Loan Originations at Financial Lynx.

Broker Fair is Sold Out: Here’s What You Need to Know Now

October 20, 2022
Article by:

Broker Fair 2022

Broker Fair 2022 is sold out. If you’re registered, here’s what you need to know now:




Pre-show (Sponsored by Lendini): October 23, 7-9pm (only open to pre-show ticket holders). This event is also sold out.

Location: 48 Lounge




Main Event: October 24th, Check-in/breakfast begins at 8am.

Location: New York Marriott Marquis, 7th floor. Our room block is sold out.




Agenda: See here


Start Networking Early: Download the mobile app and connect with other attendees that have already begun using it too.

Early Bird Pricing for Broker Fair 2022 Ends Soon

June 30, 2022
Article by:

Early bird pricing to Broker Fair 2022, taking place this October 24th at the New York Marriott Marquis in Times Square, ends soon. This large annual commercial finance expo has already sold out the top level sponsorships. Among the premier names are National Funding, Lendini, and Rapid Finance as Platinum Sponsors and Balboa Capital, Fintap, ROK Financial, and Ocrolus as Gold Sponsors.

This event brings together brokers, lenders, funders, vendors, and more from around the small business finance industry. Attendees can expect education, inspiration, networking opportunities, and more.



-> REGISTER HERE <-




deBanked Sets Record With Miami Event

March 26, 2022
Article by:

deBanked CONNECT MIAMI took place on March 24, 2022

deBanked welcomed nearly 700 attendees in Miami this past Thursday, easily making it the largest deBanked CONNECT event in the company’s history. The record registrations put it on par with Broker Fair, the annual conference that takes place in New York City.

More than half of all attendees to deBanked CONNECT MIAMI were small business finance brokers.

The mantra heard around the show was that the industry is BACK!

deBanked CONNECT MIAMI 2022

deBanked conducted dozens of live interviews on the red carpet, including several with cast members of Equipping The Dream, the industry’s first reality TV show. All interviews will be made available on deBanked TV over the course of the week.

Equipping The Dream

Lendini and Everest were the TITLE SPONSORS of the event

Lendini

Everest Business Funding

Industry thought leaders offered their insights

Funding on the Front Lines - deBanked CONNECT MIAMI 2022

The last stop

Selling Sunshine - deBanked CONNECT MIAMI 2022

And people came to do business

debanked connect miami 2022

debanked connect miami 2022

debanked connect miami 2022

deBanked connect miami 2022

We’ll have the full photos and more available as soon as possible! Thank you to everyone who attended, spoke, and sponsored. And stay tuned for more news from deBanked. 😎

What Works in Marketing Financial Products

November 17, 2021
Article by:

social media appsSocial media was at the top of the list for many marketers that deBanked spoke with, but there are certain formulas necessary to make it work, they say.

“It’s coming up with new ways to say ‘we want to fund your deals,’” said Cassandra Lund, Social Media Manager at Lendini, when asked what the hardest part of her job is. Being heavily involved in the marketing campaigns of a large small business funding company, Lund believes social media is a prime place for setting up brand legitimacy.

“[Social media] provides something that even other forms of marketing cannot,” said Lund. “It instantly connects you to your audience and allows them to ask questions right away, either through direct message or as a comment.”

Fintech companies are also strategically using social media to start getting their name out there. Jennifer Marshall, Marketing Manager at fraud and dispute software provider Quavo, praised the power of social media; especially platforms that provide a professional environment for both consumers and businesses.

“We see the most results on LinkedIn,” said Marshall, “from both paid and organic efforts. “LinkedIn can take [businesses] a long way if their marketing team leverages tagging and mentioning [on the platform]. In the early stages of a company, when brand awareness is the top priority, [businesses] should leverage their employees’ LinkedIn networks.”

LinkedInWhile Marshall and Lund are marketing different financial products, they both agree on the inherent value of LinkedIn to their respective companies when it comes to a buttoned-up platform for connections and content.

“Just create a Linkedin and Instagram and start posting,” Lund said, when asked how a business could get their foot in the social media door. “You will find people in your industry, potential clients and information about what other businesses in your field are doing. Build out from there, and your business will thank you for it.”

With the opportunity social media provides comes responsibility, and some companies have let simple mistakes hurt the perception of their brand. Lund and Marshall both believe that a misguided or typo-littered social media presence can do a company more harm than good. 

“Spelling errors and bad graphics, I see these [errors] a lot on social media as it becomes more and more important to small businesses,” said Lund. “There is nothing more important on social media than a first impression, and a spelling error or hugely pixelated photos is a major deterrent.”

Marshall stressed that companies not let “B2B vs B2C” marketing practices dictate their social media efforts. “In the end, you should want to reach people where they work and where they play. Once you understand that, the value of social media to all financial companies is crystal clear.”

social circlesWith new members of the work force living most of their lives ingrained in social media, it appears its value in the business world is exponential. “The younger generations have used it for years, or since being born, and it’s not going anywhere in the near future,” said Lund. “Finding new clients, new customers and like-minded business professionals on [social media] helps build your brand and stake a claim in the industry. Anyone that doesn’t think social media is important in business in general is missing out.”

Marketing financial products, especially new or alternative fintech solutions can be difficult, however. When asked about how to market a financial product, Francesca Ligouri, Lead National Designer at Create with Chess, a national marketing company that works in a variety of industries, spoke about the values of traditional marketing materials on top of social media. She stressed the importance of putting a tangible item that explains your business model in the hands of a potential customer that may not fully understand the product being sold to them. 

Ligouri spoke about networking materials, and how sometimes the explanation of a product is best done through tangible imagery.

“It’s about using infographics and icons [to help] create a storyline of what you’re trying to say, while keeping your demographic engaged,” said Ligouri. “Illustrative materials like brochures, folders, and mailers make people want to pick up your collateral and be like ‘oh cool, what is this all about?’ instead of printing a word document of all your info and expecting people to want to read through it.”

Whether it is printed or digital materials, innovation in finance isn’t just about the technology behind the products themselves, but also about how those brands and their products are introduced to potential customers.



Found on DailyFunder:

11-30-2020

See Post...
lendini, everest, vital, fundworks, total merchant resc, , river, cfg, slate advance, velocity, , ysc, last chance, bitty, cooper, , bluevine, , you should try giving us (clearfund) a shot at your smaller deals, we specialize in these. (2k-30k)...
11-25-2020

Lenders/Funders List! Who am I missing?...
lendini, everest, vital, fundworks, total merchant resc, , river, cfg, slate advance, velocity, , ysc, last chance, bitty, cooper, , bluevine...
11-16-2020

See Post...
lendini. quicksilver seems to be capping at 80 days. lendini has a very small box. was out of business until july but they do give offers. not as competitive...