Grow your business with an affordable, easy business loan
1Rates from 5.9% to 25.9%. Best interest rate available to borrowers with excellent credit and financial strength.
A good deal5.9% for best borrowers.
Financing @ internet speedApply in under 5 minutes and
Over $7 billion in loans
made through Lending Club
You’re not "a loan"You’ll have your own, dedicated US
1 Both small business and personal loans 2 370,970 borrowers surveyed from Jan 2013 - Dec 2014
A good loan is fast and easy to get with transparent, affordable rates
Loans for nearly every type of business
Loans toMost types of businesses in 47 states, including Professional and Personal Services, Retailers, Contractors,
What loans are used forExpanding a business, buying inventory, working capital, purchasing equipment,
What we look for:
What we don’t need:
Call your Client Advisor with questions 855-846-0153 M-F 7am-5pm PST
1 We can’t accept loan applications from businesses in IA, ID, ME, ND or RI.
Compare how we stack up to the competition
|Typical business loan from
another leading online lender
|Repayment Term||1-5 years
(means lower monthly payments)
|Typically less than a year|
|Type of Rate||Fixed interest rate
simple and transparent
This is not an interest rate, and can make
expensive loans appear cheaper1
|Origination Fee||0.99% - 5.99%||2.5%|
|Early Pay Off||$0. You can eliminate interest costs by paying off any time||You’re charged interest for the entire
loan - even if you pay off early2
|Monthly payment per $10,000 borrowed3||$227 - $955||$509 - $3,900 (Daily payments required)|
|Total Annualized Rate4||8% - 32%||35% - 99%|
1 Factor rate is the financing cost divided by the loan amount - but that’s not how traditional interest rates work. For example, if you pay 30 cents for a one-year loan of one dollar, your factor rate is 30% but is equivalent to a 55% interest rate! Factor rates can make short-term loans appear less expensive than a traditional interest rate would.
2 These loans require you to repay a fixed amount of interest, so paying off early won't save you any money. In fact, it can increase your effective interest rate to 200% or more.
3 Payments calculated based on range of interest rates and repayment terms offered, assuming a loan amount of $10,000.
4 Total Annualized Rate shows all costs for one year in a single equivilant interest rate so that you can make apples-to-apples comparisons.
Lending Club is America’s #1 credit marketplace, transforming banking to make it more efficient, transparent and consumer friendly. We operate fully online with no branch infrastructure and use technology to lower cost and deliver an amazing experience.