Lendistry Reviews: Loan Requirements, Pros & Cons - Complete 2025 Guide
Fast Online Application: Apply quickly and easily.
Minority-Led Mission: Focused on supporting small business owners with equitable and responsible funding solutions.
Flexible Loan Options: Offers small business loans, SBA loans, and grant programs tailored to underserved communities.
Kwon Jason
1 month ago
Leo helped me from the beginning and to the end of this whole process. He helped me to feel at ease and is highly reliable. Thank you.
Trisha Smith
5 months ago
Working with Mike Kowal was truly an exceptional experience from start to finish. He was personable, highly responsive, and consistently communicative, taking the time to educate me throughout the entire process so I fully understood what was happening at every step.
What truly set Mike apart was his honesty. He reviewed multiple lender options with me in a fair, transparent way, walking me through the pros and cons of each and helping me understand every angle. He encouraged me to move forward only with what felt right for my business, never once making me feel pressured to choose him or Upwise. That level of professionalism is rare.
Mike also worked hard to build genuine personal rapport — something no other representative I spoke with did. He took the time to understand my business, explored different paths, and made sure I felt confident and comfortable throughout the decision-making process.
The follow-up from Mike and every member of his team has been above and beyond anything I’ve experienced with other lenders. Every interaction feels thoughtful, client-focused, supportive and most important- genuine. I’m incredibly grateful for the experience and would confidently recommend Mike to anyone looking for a knowledgeable, ethical, and truly client-first lending partner.
What truly set Mike apart was his honesty. He reviewed multiple lender options with me in a fair, transparent way, walking me through the pros and cons of each and helping me understand every angle. He encouraged me to move forward only with what felt right for my business, never once making me feel pressured to choose him or Upwise. That level of professionalism is rare.
Mike also worked hard to build genuine personal rapport — something no other representative I spoke with did. He took the time to understand my business, explored different paths, and made sure I felt confident and comfortable throughout the decision-making process.
The follow-up from Mike and every member of his team has been above and beyond anything I’ve experienced with other lenders. Every interaction feels thoughtful, client-focused, supportive and most important- genuine. I’m incredibly grateful for the experience and would confidently recommend Mike to anyone looking for a knowledgeable, ethical, and truly client-first lending partner.
HMP Wholesale
6 months ago
Convenient and aggressively priced rates - beats the market. Craig was great at speeding up the process and making it smooth.
brandon banks
6 months ago
I was able to secure a business loan in an industry that typically has a hard time getting approved. Craig and the team at Upwise made it happen from start to finish. Professional, responsive, and results-driven. A+ experience all around!
Stephanie Terrelonge
8 months ago
Upwise Capital and Daniel Joseph were great in helping me obtain financing and grow my janitorial business. Mr. Joseph is quick, efficient and professional. Funding was complete in just a few hours. Daniel is very detailed and easy to work with. He stuck with me from beginning to end. Thank you Upwise Capital and Daniel for helping to expand my business. I appreciate all your help.
AA Fishing Charter Aquaholics Aknotymous
9 months ago
The rates for loans are horrible, and if you disagree with them, they get angry and hang up on you lol. It is clear they are in business to get the best deal for themselves, not the customer. Leo Lamb, one of their funding managers comes across like a used car salesman. When I called them out for their shady practices, he got very aggravated.
Update: Leo contacted me, and after basically insulting me concerning their prior behavior, I decided to let them run my application. After being ghosted for the day, they finally came back and denied due to another loan my business was involved in. These people get their feelings hurt way to easy to be in this business. I would not recommend this company to anyone.
Update: Leo contacted me, and after basically insulting me concerning their prior behavior, I decided to let them run my application. After being ghosted for the day, they finally came back and denied due to another loan my business was involved in. These people get their feelings hurt way to easy to be in this business. I would not recommend this company to anyone.
Stacy Aleixo
11 months ago
The process was very simple and fast! Craig is a pro and helped so much during what I thought would be a stressful transaction. As we know it’s so hard to receive funding for cannabis, or so I thought! I highly recommend Upwise Capital.
Jonathan F
2 years ago
Timely efficient, def would work with again, made the processs easy
Hatchet's & More
2 years ago
ETC 4 DISPATCH Logistics
2 years ago
Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.
Nothing But Hemp
2 years ago
Donna Essner
2 years ago
Craig went above and beyond to get this deal done! I would highly recommend UpWise Capital if you're looking for a broker to get investors onboard.
Merideth Cann
2 years ago
Leo provided a very quick turn around and is a pleasure to work with !
Alba De La Cruz
2 years ago
I worked with Leo. He is very attentive and professional.
Mohamed Khanafer
3 years ago
Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!
Tammy Sockwell
3 years ago
We worked with Leo for our line of credit. We are a trucking company an can be a challenge to secure financing. The process was smooth and fast funding. Our only complaint would be that Leo was a little impatience when it came to our decision making. We are very thankful for the funding and would do business with them again. Thanks,
Upwise
Upwise
Sharon Johnson
3 years ago
Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.
Mike Maffei
3 years ago
You are always hesitant when working with a finance firm to borrow money to grow your company But, I highly recommend Upwise Capital. Lou and Marc went out of their way to ensure everything was taken care of. Very professional in all steps taken to secure the financing I needed. I look forward to continuing the business relationship.
Niyetroshia Thomas
4 years ago
I rarely write reviews, but my experience with Leo was absolutely. Leo was patient, knowledgeable, and extremely responsive. During a hectic work week he continued to bare with me to be sure that i had all the information I was requesting. He got me the capital I needed within one day. I highly recommend this company!
Lendistry at a Glance Key Features and Services
Lendistry, officially known as BSD Capital LLC dba Lendistry, is a minority-led small business lender offering a variety of funding options to help small business owners grow and succeed. Since its founding in 2015, Lendistry has focused on breaking down traditional lending barriers, providing equitable financing and grant programs to underserved communities. Their platform includes small business loans, SBA loans, and partnerships with programs like Amazon Lendistry to help entrepreneurs access the capital they need to thrive. With over $10 billion deployed and more than 640,000 businesses supported, Lendistry has become a trusted resource for businesses seeking fair and transparent funding.
Quick Facts About Lendistry:
- Founded: 2015
- Loan Products: Small business loans, SBA loans, contractor finance, green financing, grants
- Loan Amounts: Starting at $25,000, up to $5 million
- Funding Speed: Varies by loan program (typically fast for smaller loans)
- BBB Rating: A+
What You’ll Learn in This Review:
- What is Lendistry?
- How does Lendistry work?
- Loan products, terms, and eligibility requirements
- Pros, cons, and comparisons with other lenders
- Frequently Asked Questions (FAQs)
What is Lendistry
Lendistry is a small business lender and grant administrator focused on helping small businesses succeed. They provide loan options designed to support business expansion, cover operational expenses, and promote growth. As a minority-led lending institution, Lendistry prioritizes equitable access to capital for underserved communities, offering flexible loans and grants with responsible terms. Their partnership with programs like Amazon Lendistry highlights their commitment to helping businesses in specific industries, such as Amazon sellers, access financing to grow their operations.
Available Loan Products:
- Small Business Loans: Flexible funding for various business needs.
- SBA Loans: Long-term, low-interest loans backed by the Small Business Administration.
- Contractor Finance: Tailored funding for construction and contractor businesses.
- Green Financing: Loans for sustainable and eco-friendly business projects.
- Grants and Special Programs: Includes state-supported grants and partnerships like Amazon Lendistry.
Industries They Serve:
Lendistry works with a wide range of industries, including:
- Retail
- Healthcare
- Construction
- Transportation
- E-commerce (Amazon sellers)
Lendistry How it works?
Lendistry makes the loan process simple and fast with their online application platform. By leveraging their fintech tools, Lendistry evaluates the unique needs of each business and provides tailored funding options. Their process is designed to help small business owners complete applications quickly, with decisions often made within days for smaller loans. Larger loans, such as SBA loans, may take longer due to additional documentation and processing requirements.
Key Features of Lendistry’s Process:
- Fast Online Application: Apply in minutes without impacting your credit score.
- Dedicated Support: Funding specialists provide immediate assistance to guide you through the process.
- Tailored Solutions: Loan terms and amounts are customized to meet your business’s unique needs.
Whether you need to cover operating expenses, purchase equipment, or expand, Lendistry provides flexible financing options to help you succeed.
Lendistry Loan Products
Lendistry
Small Business Loans
- Loan Amounts: Starting at $25,000
- Repayment Terms: Up to 10 years
- Uses: Inventory, payroll, marketing, or general business growth, helping you secure the money needed for development.
Lendistry’s small business loans provide flexible funding to help businesses manage day-to-day operations or invest in growth opportunities.
Lendistry
SBA Loans
- Loan Amounts: Up to $5 million
- Repayment Terms: Long-term, up to 25 years.
- Uses: Real estate, equipment, working capital, debt refinancing.
Lendistry is an SBA-approved lender, offering SBA 7(a) loans with competitive rates and longer repayment terms.
Lendistry
Green Financing
- Loan Amounts: Varies by project.
- Uses: Eco-friendly or sustainable business initiatives.
Lendistry’s green financing supports businesses working on environmentally friendly projects, such as energy-efficient upgrades or renewable energy solutions.
Lendistry Requirements
Here is the basic criteria your business must meet for Lendistry requirements:
Yes, Lendistry is a legitimate, minority-led lender with an A+ rating from the Better Business Bureau. They are committed to helping small businesses thrive by offering equitable financing and grant programs.
If Lendistry doesn’t meet your needs, consider exploring Upwise Capital for alternative funding options tailored to your business.
What you Need to Know
A few things to know when considering Lendistry business loans:
- Transparent fees, with no hidden charges.
- Early repayment options may be available, depending on the loan type.
- Flexible terms, ranging from short-term to long-term (up to 25 years).
How to Apply to Lendistry
Lendistry Application Process
Step 1: Complete the Online Application
- Visit the Lendistry website and start the application process.
- Provide basic business details, including annual revenue and loan purpose.
Step 2: Review with a Loan Specialist
- A Lendistry representative will review your application and discuss loan options.
- You may need to submit additional documentation, such as bank statements or tax returns.
Step 3: Accept Loan Offer
- Choose the loan that best fits your needs and agree to the terms.
- Receive funds quickly, depending on the loan type.
Lendistry
PROS
CONS
Apply Now for Business Financing
- Access term loans, lines of credit, working capital & more
- Secure the terms and conditions that make sense for you
- Apply for working capital and cash flow funding to cover inventory, marketing and operations
Stay ahead of the curve - get access today!
Upgrade your capabilities with specialized financing for almost any industry.
Why Choose Upwise Capital
Quick & easy application
Our simple 15-minute application gets you on your way to funding quickly. Most applicants receive a fast decision within hours of applying. Then just choose your loan terms and you could have funds deposited into your account as soon as 24 hours.
Ensure you make the wise choice
Every Upwise applicant gets a dedicated funding advisor who takes the time to understand your business and it's unique needs. We are here for your support throughout the entire funding process.
Access multiple financing options
Upwise has an extensive product suite and a network of business line of credit lenders. This means you're more likely to find the best match for your funding needs.
Is Lendistry Legit?
Yes, Lendistry is a legitimate, minority-led lender with an A+ rating from the Better Business Bureau. They are committed to helping small businesses thrive by offering equitable financing and grant programs.
If Lendistry doesn’t meet your needs, consider exploring Upwise Capital for alternative funding options tailored to your business.
Lendistry Frequently Asked Questions - FAQ
What other lenders compare to Lendistry?
- OnDeck: Offers fast-term loans and lines of credit with higher credit score requirements.
- BlueVine: Specializes in invoice factoring and lines of credit for cash flow management.
- Fundbox: Provides short-term funding options with a fully online process.
What Happens After Applying with Lendistry?
After applying, Lendistry evaluates your application and assigns a loan specialist to help guide you through the process. Once approved, funds are disbursed based on the loan type.
Does Lendistry report to credit bureaus?
Yes, Lendistry reports loan activity to business credit bureaus to help build your business credit profile.
How do I manage my loan with Lendistry?
You can manage your loan through the Lendistry login portal, where you can track payments and review terms.
What is the customer experience like with Lendistry
Lendistry reviews highlight their commitment to excellent customer service, particularly in helping small businesses in underserved communities. Customers praise their transparent terms, helpful representatives, and focus on providing access to capital.
Testimonials:
- “Lendistry helped me secure an SBA loan when traditional lenders wouldn’t. Highly recommend!” – Robert T.
- “Their grant program gave me the funds I needed to keep my business running during a tough time.” – Amy C.
Lendistry: Final Verdict
Who Should Consider Lendistry?
- Small businesses needing grants or tailored loan options.
- Minority-owned businesses seeking equitable funding solutions.
- Entrepreneurs looking for SBA-backed loans with competitive rates.
Who Should Look Elsewhere?
- Startups with no business revenue or financial history.
- Businesses needing faster funding than SBA loans can provide.
Tips for Success with Lendistry
- Ensure all required documentation is accurate and up-to-date before applying.
- Use Lendistry loans for specific needs like expansion, payroll, or equipment purchases.
- Review the details of any grant or loan program to ensure you meet eligibility requirements.
- Contact Lendistry representatives if you have questions about the application process.
Disclaimer: Lendistry trademark is owned by B.S.D. Capital, Inc. dba Lendistry. Its use herein is for reference purposes only. This does not indicate sponsorship or endorsement from B.S.D. Capital, Inc.