As a nationwide preferred SBA lender, LendingClub will work closely with you to evaluate your needs, develop a customized solution, and guide you through the process from start to finish.
Highlights of SBA Lending
Multi-use and Special-use Real Estate
Collateral Neutral
Start-ups
Business Acquisitions (up to $5 million)
Franchise Lending
Features of the 504 Loan Program
National Coverage
All Property Types (Assisted Living, Child Care, Limited-Service Hotels)
Construction Financing
Long-term Fixed Rates Available
Loan Qualifications
10%-20% Equity Injection Depending on Multi-use, Special-use or Start-up
1.25x DSC Last Full Fiscal Year and Interim
Prior Ownership & Management Experience Preferred
Minimum FICO = 660
Full Recourse
Life Insurance Could Be Required if Deemed Necessary by SBA
Why Choose LendingClub?
“Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a customer.”
At LendingClub, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.
Security
We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance
Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.
Customer Support
Have a question? We're here to help. Reach us by phone or email.
Any reviews presented are individual experiences and results may vary. Reviews collected and authenticated by Bazaarvoice. All reviews can be accessed at https://www.lendingclub.com/company/reviews
Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.
"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.