Submitting an application
53 articles
- What documents should I have ready before I apply?
- What do you need from me to complete my application?
- Is there any cost or obligation when I apply through Lendio?
- If I leave halfway through my application, do I lose my progress?
- How do I manually upload my business bank statements?
- I made a mistake on my application. How do I fix it?
- Who do I contact if I have questions about my application?
- How do I put my Lendio application on hold?
- Does Lendio do a hard credit pull on the application?
- Why do you pull my credit score?
- What is a soft credit pull check?
- What is a hard credit pull check?
- What is the difference between hard and soft credit inquiries or “credit pulls?”
- If I ask for too much or too little does that impact my chances of getting funded?
- Can I update my application later if I need to correct something?
- Why do you need my email address?
- Why do you need my phone number?
- Does applying impact my credit score?
- How long will it take me to complete the application?
- How do you determine what amount I’m eligible for?
- What impact will taking a loan have on my credit score?
- How do I determine what type of financing is right for my business?
- What should I consider when deciding the loan amount to request?
- Are there any restrictions on how I can use the funding?
- What is Finicity?
- Why can't I find my bank when I try to connect?
- Can I email my business bank statements instead?
- How to manually upload your business bank statements?
- How do I connect my business bank account with Finicity?
- How many months of business bank statements do I need to provide?
- What is the difference between business and personal bank statements?
- Is there a limit to how many business bank statements I can upload to my application?
- How do I download my business bank statements?
- My business bank account won’t connect. What do I do?
- What banks does Finicity support?
- Can I skip ahead and complete a section of the application if I have the documents ready?
- What is a Federal/State Tax ID?
- I don’t have a Federal Tax ID (or EIN), can I still get funded through Lendio?
- How do the additional business owners access the application to authorize the soft credit check?
- What is Finicity, and how does it relate to my loan application?
- When will I hear back after submitting my application?
- Why do I need a business bank account?
- I don't have a business bank account. What should I do?
- I just started my business a few months ago and haven't made any money yet. Can I even apply?
- I'm hesitant to give my SSN. Is there any way around it?
- Does my MCA count as a loan I need to disclose here?
- I'm being asked for my monthly debt payments, but my MCA is a daily deduction. How do I enter that here?
- If I disclose my MCA, will I automatically be disqualified, or does it depend on how much is left?
- Can the loan I'm applying for here be used to pay off my MCA?
- I applied under my DBA name, but the EIN I have is under my legal business name. Which one should I enter here?
- Can I apply if my business is registered in a different state from where I operate?
- Can I apply on behalf of my business partner?
- I have a credit freeze on my account. Do I need to lift it before I can finish my application?