Why Us
The Lex Funding Advantage
The Preferred Funding Source for Small Business
There’s a reason why more and more small businesses turn to Lex Funding for financing solutions that include small business loans, merchant cash advances, factoring programs, and merchant processing solutions.
As a funding source, we continue to help small- to mid-sized businesses access working capital for inventory, equipment, renovation, advertising or a boost in cash flow to help pay bills or other expenses. In other words, our financing solutions help our business clients thrive in an economy that grows more complicated every day. Over 80 percent of our customers come back for repeat business because we are:
Fast
Short application
The application process is quick and simple – you can complete it within 5 minutes. Our application is one page short and the only additional documentation we require is a few months of the businesses bank and merchant account statements in order to determine your businesses sales trends.
Get more capital when you need it
If your capital needs grow, we will be there to help you. Many of our clients see our business funding products as a line of credit that they draw on when they need additional funds. As long as you business maintains a positive payment history with us we will provide you with additional capital within 48 hours of receiving your request.2 days to funding
We can fund your business within 2 business days. (In many cases same day funding is possible.Flexible
You don’t have to have great credit: We understand that running your own business along with volatile economic conditions take a toll on your personal credit. So we make sure that your personal and business credit discrepancies are not a determining factor for your funding request.
Multiple funding programs and repayment structures: We know that no two businesses are alike, what works for one business wont necessarily work for the next. As such, in order to ensure that every business has a quality funding solution, we have developed several business funding programs and repayment structures which are designed to work with a businesses unique needs and requirements as well as work around the businesses restrictions in order to avoid adding unnecessary strain to cash flow.
Competitive
Lex Funding offers some of the most competitive rates in the alternative business financing industry. In contrast to other business lending companies, we do not believe in making you pay twice! When you come to us for additional funds, we do not ask that you pay off your existing balance with the new funds – you simply get the new money in your bank account.
Transparent
No hidden fees: We do not charge application fees, and we do not tack on any hidden fees; once we receive your complete application we will send you a numerous funding options “proposal” within 24 hours, and what you see is what you get. We will never add fees of any kind.
