LoanMe is a great option for SMBs that find it difficult to get funding from traditional lenders, as their qualification requirements are very relaxed. The only drawback is that they don’t provide funding in all states, but if you own a business in one of the relevant states, then it could be the solution for your business. They offer a no-worry guarantee to residents of California, whereby applicants have 7 days to change their minds with no questions asked.
Type of Loan: Unsecured business loan
Loan Amount: $3,500-$250,000
Term of Loan: Up to 10 years
The LoanMe application is online and they state on their website that their application takes 5 minutes to complete.
LoanMe is a BBB accredited business and is secured by digicert. The company is committed to responsible lending.
If you are a new business looking for a loan, then you’ll appreciate LoanMe’s relaxed lending requirements and flexible approach to business funding.
Please note that all information provided in this review is accurate at the time of publication and is subject to change. The information contained in this review is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The reviewer accepts no responsibility for any consequences whatsoever arising from the use of such information.