Lendistry Strikes Strategic Relationship with Flychain to Bring Access to a Complete Financial Toolkit for Small Business Healthcare Providers

The relationship will bring innovative financial technology solutions to small businesses in the healthcare industry to foster their growth journeys

Los Angeles, January 7, 2025 (Lendistry) – Lendistry announces today that it is collaborating with Flychain to expand access to innovative technology for small business healthcare providers. Through this relationship, small healthcare businesses that come to Lendistry for business loans will then receive a fast-tracked onboarding experience to Flychain’s technology services to further their journeys.

Lendistry has built a vast network to support its mission of aiding small businesses in underserved communities throughout the U.S. with access to capital. With nearly ten years in business and a commitment to enhancing the customer experience through technology and customer service, the fintech has established itself as a valuable lending resource for businesses and a trusted partner for community-based organizations, CDFIs, corporations, financial institutions, ISOs and brokers.

Flychain offers a suite of financial tools including accounting, valuation services, banking and more for small-to-medium-sized healthcare providers. This relationship will allow Lendistry’s borrowers to optimize the financial health of their practice through a specialized platform built specifically for healthcare providers.

“We’re proud to collaborate with Flychain to help our healthcare customers find financing and technology solutions for their businesses,” says Jonathan Katz, Sr. Managing Director at Lendistry. “Together with Flychain, Lendistry will enable a wide range of providers to access the resources they need to grow and thrive.”

“Together, Flychain and Lendistry serve as a unified source of financial stability and growth for healthcare providers,” says Ethan Schwarzbach, Co-Founder and CEO at Flychain. “By combining our innovative solutions, we’re ensuring small healthcare businesses have the support they need to overcome financial hurdles and focus on delivering exceptional care to their communities.”

With the support of its partners, Lendistry became a top 10 SBA 7(a) lender nationwide in 2024. Healthcare business owners that are customers of Lendistry can learn about the fintech’s relationship with Flychain and engage Flychain’s services here.

About Lendistry
B.S.D. Capital, Inc. dba Lendistry (lendistry.com) is a minority-led fintech that provides innovative lending products for small businesses and administers grant programs for government agencies nationwide. Headquartered in a Los Angeles Opportunity Zone, Lendistry uses technology and community partnerships to overcome systemic barriers to capital access and has deployed over $10 billion since its inception. In 2024, Lendistry CEO Everett K. Sands was an Entrepreneur Of The Year® Greater Los Angeles award winner. Lendistry has both Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications and is a member of the Federal Home Loan Bank of San Francisco. Lendistry SBLC, LLC is an SBA Preferred Lender and the nation’s only African American-led SBA designated Small Business Lending Company. In collaboration with The Center by Lendistry, a nonprofit business education organization, Lendistry provides economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.

About Flychain
Flychain is the financial toolkit for small to medium-sized healthcare providers, offering a suite of integrated financial tools all in one platform. These tools include Accounting (full-service accounting + bookkeeping), Capital, Banking, Valuation Services, Savings, and [coming soon] Revenue Cycle Intelligence. Flychain’s mission is to reduce the financial and operational burden of running a business in healthcare so that providers can spend more time on what truly matters – caring for patients. Flychain has worked with over 100 providers across multiple specialities, including home health, home care, behavioral health, and more! For more information, visit www.flychain.us.