Texas Capital Bank customers
Now, Lendistry has partnered with Texas Capital Bank to bring our unique new financing products to the state of Texas.
About Lendistry
Lendistry is a minority-led fintech and a leader in equal access to capital for small business owners. Their technology provides quick and efficient access to a wide range of financial solutions for each business, so small business owners can grow and serve their communities.
Business Lending
For a variety of business needs ranging from increasing working capital, refinancing debt, business expansion, and more.
- Amount: $25,000 – $5 million
- Term loans, non-revolving lines of credit, SBA 7(a) loan program available
- Business qualifications: 640 credit score or above; greater than two years in business
Business qualifications: To qualify for an SBA 7(a) loan, businesses must meet the minimum following SBA requirements:
- Operate for profit and be considered a small business, as defined by the SBA
- Be engaged in, or propose to do business in, the U.S. or its territories
- Have reasonable invested equity
- Use alternative financial resources, including personal assets, before seeking financial assistance
- Be able to demonstrate a need for a loan and that the funds will be used for a sound business purpose
- Not be delinquent on any existing debt obligations to the U.S. government
- Commercial Real Estate Property must be 51% owner occupied (based on rental square footage determined by an appraiser)
Lendistry SBLC, LLC is approved to offer SBA loan products under SBA’s 7(a) Lender Program.