Lendini Reviews 28

Work with anyone but Lendini/ Funding Metrics, Terrible company that is just a scam full of BS fees. when signing i said my business was seasonal and payment would need adjusted when we slow down- they claim its no problem, and they will adjust as needed- well they did and charged a $25,000 fee for adjusting payments. DO NOT work with them. they are a scam

Lendini completely dragged me along. Told me a deal could be done, then switched it up and blamed Texas, then said “next week” like that fixes anything. No one calls back, no one answers the phone, and communication is basically non-existent. Don’t waste your time with a company that can’t even follow through or respond. Total runaround from start to finish.

SCAM!

Pulled up personal information for my business partner and I that was 20 years old! Based their funding decisions on information that they did not tell us was part of the approval process. STEER CLEAR!!

Lendini was great! Quick approval process and even though the costs can be high, it helps small businesses with cash flow during slower times when larger banks make the process impossible.

FRAUD AND SCAMMERS!!
Lendini and funding metrics’s are the same company. They definitely are the worst humanity has to offer. Only if I read the reviews before I did business with them, I would have never done business with these scammers. They have been sued multiple times ( it’s public info online) and according to Paul they have to respond to the Attorney General’s Office on weekly basis and that says a lot about their illegal and deceptive practices.Based on my own experience I completely regret doing business with them. Whatever you do stay away from them because they will ruin your business instead of helping and they won’t care if you lose your business!!

I completely agree with the post below. If an application is denied—regardless of the reason—the least they can do is communicate that decision. Simply ignoring applicants is unprofessional. In my case, I was a former customer and understand there may have been some issues, but nothing that should be permanent. However, by choosing to "ghost" me, they've effectively made it permanent in my mind—I would never consider them again.

This was there salesperson:
Maria Bustos

Don’t be taken in on false promises of guaranteed renewals. They say whatever to get you hooked into the original funding then ghost you.
Brokers need a better source of funding companies.

I applied for funding and I made an agreement to pay it off in a lump sum. This company took my money and claimed I had defaulted and wanted to keep going into our account to take additional funds until I threatened them with a lawsuit. They refused to refund the extra monies that they took from us but agreed to stop taking additional funds from our account. Lendini is a predatory company and I will advise other business owners not to deal with them.

We have partnered with Lendini for a couple of years, and during that time, they have provided satisfactory service. They have accommodated us when we needed to adjust our payments and have overall addressed our needs effectively. Last week, we contacted the renewal department and connected with Liz, who promptly reviewed our account and provided an offer and necessary documents the following day.

After completing our bank verification call, we anticipated a funding call as the next step. However, we experienced delays and encountered challenges in reaching Liz despite several emails and phone calls to Lendini. Eventually, we received an email from Liz stating that our application had been declined, despite having signed the contract just three days prior. When I sought clarification regarding the change in status, Liz's response was vague, and she indicated that she could not provide any information via email. Her demeanor was unprofessional and lacked empathy for our situation.

While I understand that businesses in the merchant cash advance sector may face challenges that affect their operations, it is essential to treat clients with respect and care. Given our experience, I have decided not to continue our partnership with Lendini in the future. I believe that building strong, repeat customer relationships should be a priority for any business.

I've been working with Andy for several years. He always exceeds expectations and will go above and beyond on your files.

I attempted to commit suicide, because of financial issues I started to face suddenly and some other issues. I had a stroke on top of it, then my wife got diagnosed with cancer. It was just one thing after another. I contacted Lendini, since there is an option to stop payments for 4 weeks and adjust the payments accordingly in contract. However they did not reply and ignored me. So basically I was not able to catch up with my payments. They started to threaten me. I offered them a payment plan and they refused and put another $30k fee on top of my contract and came up with their own payment plan which would put me in a larger hole. I was hospitalized due to my stroke many times and recently I was able to get back on my feet a bit still with many symptoms. In the meanwhile, they got a judgment against me which I was not aware of. I called them today and tried to explain the situation and the guy basically screamed at me and I told him I just need some time to get on my feet to start to make some payments. He accused me of not wanting to work with them and told me that they will take away my business and hang up. He treated me like a worthless person. At this point nothing can be done I guess and I'll be contacting every news agency and appropriate government agencies about their business practices. I will get it posted on social media through my friends who have a large number of followers and I'll look into a class action lawsuit against them. I will not stop until someone takes action against them no matter the cost. They do not follow their contract and they do not care about your situation. They will destroy your life once you fall into a hard situation. Stay away from them.

Do not do a loan with these guys no matter how desperate you get. I did a loan with them and soon after business just stopped due to inflation. then my husband died. They would not work with me AT ALL they kept taking 100.00 out of my bank account even after I told them that business had literally stopped due to inflation. They filed a lien against my business and no they are trying to seize the equipment I have in there. Try somewhere else DONT DO IT

I've been working with Andy over at Lendini and Funding Metrics for a long time. He's always been professional, fast and reliable. I highly recommend reaching out to Andy at Lendini for any of your funding needs! THANK YOU LENDINI TEAM!

I worked with this lender for MCA(Merchant Cash Advace) for about ten grand through a broker named Shore Funding. Their rate and speed of processing were better than their competition. In general Lendini is good in terms of MCA and however, I got no experience with Lendini in term loans. One bad thing is their mean collection activities, and this is why I gave them 3 stars. MCA is not a loan, but a purchase of our future receipts and Lendini collects everyday Mon-Fri, which is okay. When and if they can't collect the daily amount, they make calls very early in the morning and hen calls are not answered they kept calling. And they send a text message. I guess texting is more than enough. Early morning calls are a big harassment.

I would never use funding metrics/lendini for a lending product.
I paid off my debt with Funding Metrics early, and they never marked my account as fully paid off. It sat with a small balance ~300 which ended up leading to me not receive funding from other companies because it showed I had an outstanding debt obligation.
I was also told their policy is to not send a 0 balance (paid in full statement) at the time of completion. And instead we are supposed to reach out to them to request this.
The outstanding balance sat for almost a year stating I still owed them ~300.

The people who work here are very rude, But I can deal with some rudeness but I will not tolerate a partner who wants to try and bait me to screw me over. If you have a potential agreement with Lendini,Make sure you review those contracts thoroghly, interest rates and specially the fees. I do not trust Lendini

Once you deal with this bank you will be in trouble. The sells person will promise you anything you can imagine but nothing of this will be true. Your personal information will be forwarded for years to other private banking services and it will never stop. Even if you will replace your phone number you always will be in the loop.
Second, thy will not stand behind there contract and screw you and your business to the bone…!!! It will be very hard to recover from this sh*****t.
DONT DO BUSINESS WITH ANY OF THIS PRIVATE BANK AND A SPECIALELY WITH THIS BANK!!!!

Lendini saved my business. I needed capital quickly due to an emergency situation and they were there for us when we needed it. Andy was the rep we were working with and not only is he professional but he understood our situation and worked very quickly to get the proceeds done. I recommend Lendini

I needed some stopgap funding for less than 60 days. I worked with a broker who assured me that when I was ready to pay that I would be able to negotiate a better pay off discount than the 5% guaranteed per the contract. Within 45 days of the funding I was ready to pay it off. I was offered only the 5% initially. I then received an email to speak with someone about the early payoff. After speaking with the representative on the phone, they said that the 5% is no longer guaranteed as the early payoff letter I received (that expires every 24 hours, as I pay daily on the loan) supersedes the contract I signed.
Eventually I ended up only receiving a 5% discount which applies to what you owe at the time of the request, not the total of the loan. In the end it was a loan of 8,000 and I paid back over 10,000 on what is basically a 45 day loan.
In my opinion the company does not act in good faith with working with their customers, and the government needs to do something to regulate these type of "lending partners".
Do yourself a favor, don't work with companies like this. Your business will fail if you rely on companies like this to provide funding.