At a Glance
Rating Breakdown
About Lendr
Lendr is a Miami-based MCA broker that will not talk to you unless you need at least $250,000. Deals go up to $10 million. While every other broker on this list handles the full range from $5K micro-advances to large transactions, Lendr built its entire operation around established mid-market businesses with $500K+ monthly revenue that need real working capital, not small infusions. The funder network is 25+ deep, all of them institutional players who write big checks. Factor rates on large deals typically run 1.15 to 1.40, lower than the small-deal market because funders spread their fixed underwriting costs across a bigger advance. No broker fee to you. Lendr earns 2-8 points from the funder side depending on deal size and complexity. Large-deal MCA is a different animal from the standard stuff. Above $500K, you are often looking at syndication: 2-4 funders each taking a slice, each filing their own UCC-1 lien, each needing inter-creditor agreements so they do not step on each other. Lendr's team knows how to coordinate these multi-party deals, negotiate the agreements between funders, structure staged disbursements where money comes in tranches tied to milestones, and build custom repayment schedules that fit your industry's cash flow. A construction company gets repayment tied to progress payments. A wholesale distributor gets seasonal adjustments. The paperwork is heavier too: 6-12 months of bank statements, tax returns, financial statements, AR/AP aging, and sometimes personal financial statements from the guarantor. Deals take 3-7 business days instead of the same-day funding you see on small MCAs. That is the price of complexity.
Key Features
Large-Deal Specialization
Minimum deal: $250K. Maximum: $10M through syndication. If you need less than a quarter million, Lendr will refer you elsewhere and move on. The 25+ funder network is institutional players only, the kind of firms with balance sheets big enough to write $500K single-funder checks and the sophistication to participate in multi-party syndications. Factor rates of 1.15-1.40 are lower than what you see on small deals because the funder spreads fixed underwriting costs across a much bigger advance. The narrow focus means Lendr does one thing, but does it at a level the broad-market brokers cannot touch.
Custom Deal Structuring
Above $500K, a standard broker is out of their depth. Lendr structures syndicated deals with 2-4 funders each taking a piece, staged disbursements that release capital in tranches as your project hits milestones, and custom repayment schedules matched to your industry's cash cycle. A construction company gets draws as phases complete. A distributor gets lower payments in the off-season. Lendr also handles the inter-creditor agreements between participating funders so they do not end up fighting each other over lien positions or collections if something goes sideways.
Industry-Specific Expertise
Lendr's deal team knows the specific industries where large-ticket MCA is most common. Construction: progress payment bridge deals. Manufacturing: purchase order and raw material funding. Wholesale distribution: inventory and seasonal stocking. Healthcare: practice acquisitions and equipment. Professional services: law firm case cost financing. They understand the cash flow rhythms, the risks, and which funders have appetite for each vertical. A construction company gets matched with funders who understand progress payment schedules. A law firm gets matched with funders who understand case cost recovery timelines. Generalist brokers do not have that depth.
Relationship-Based Approach
You work with a senior deal structurer who has direct authority to negotiate terms with funders. Not a junior sales rep reading a script. Lendr handles fewer deals at higher dollar amounts, which means more attention per client. The relationship extends past the initial funding: Lendr manages your renewals, helps get UCC liens released after payoff, and can restructure your repayment terms if your cash flow situation changes mid-advance. The downside of this approach is slower response times and less automation than the tech-driven platforms. If you want a robot to handle everything in 5 minutes, Lendr is not for you.
How It Works
Initial Consultation
Call Lendr. Explain how much you need, what it is for, and what your business looks like financially. They decide quickly whether your deal fits their model.
Due Diligence Package
Pull together 6+ months of bank statements, financials, tax returns, and supporting docs. Large deals require more paperwork. Lendr tells you exactly what to gather.
Funder Syndication
Lendr shops your package to its network of large-deal funders. Above $500K, the deal may get split across 2-4 funders in a coordinated syndication.
Negotiate & Fund
Review the offers with your deal structurer. Negotiate final terms. Funding lands in 3-7 business days for most large deals.
What They Do
- Large-Deal MCA Brokerage
- Funder Syndication
- Custom Deal Structuring
- Split Funding Arrangements
- Renewal Management
Debt Types They Take On
- Merchant Cash Advance
- Revenue-Based Financing
- Large Working Capital
- Bridge Financing
Fee & Cost Structure
Regulatory & Trust
Review Summary
Notable Case Studies
Construction Company Government Contract Bridge
South Florida commercial construction firm, $2.5M monthly revenue, $8M government contract for a municipal building. Progress payments scheduled every 60 days, but the company needed $2M upfront for labor, materials, and equipment rentals. The bank offered a construction line of credit with a 6-week closing timeline. Starting 6 weeks late would trigger the contract's penalty clause. They had 5 business days.
Multi-Practice Medical Group Acquisition
Orthopedic surgeon doing $400K monthly at his existing practice. He was acquiring a second practice from a retiring colleague for $1.8M. SBA covered $1.05M of the purchase. He still needed $750K in working capital for the transition: $350K for staff retention bonuses, software migration, and rebranding; $200K for equipment updates; $200K for a marketing push to keep the acquired practice's patient base from scattering.
Pros & Cons
Pros
- Deep specialization in $250K+ advances means Lendr's deal structurers have expertise in syndication, staged disbursements, and custom repayment schedules that general-market brokers handling small deals cannot match.
- The ability to syndicate deals across 2-4 funders with coordinated UCC positions and inter-creditor agreements enables funding amounts up to $10M that no single funder in the MCA market would underwrite alone.
- Factor rates on large deals (typically 1.15-1.40) are lower than the small-deal market because funders amortize fixed underwriting costs across larger advance amounts and experience lower default rates on established mid-market businesses.
- Industry-specific expertise in construction, manufacturing, healthcare, and wholesale means Lendr's team understands the cash flow patterns and risks unique to each vertical, matching deals with funders who have relevant underwriting experience rather than generalists.
- No separate broker fee is charged to borrowers, with Lendr earning funder commissions of 2-8 points built into the factor rate, and the relationship-based model means Lendr assists with lien releases, renewals, and restructuring throughout the life of the advance.
Cons
- The $250K minimum deal size categorically excludes small businesses, startups, and any business needing less than a quarter million dollars in capital, requiring referral to a different broker for smaller needs.
- Funding timelines of 3-7 business days are significantly longer than the same-day or next-day funding available for small MCA deals through platforms like DAC or Fundshop, making Lendr unsuitable for genuine emergencies where capital is needed within 24 hours.
- The curated network of 25+ funders is smaller than broad-market brokers, and because large-deal funders are fewer in the market, competitive bidding pressure is less intense than in the small-deal space where 50+ funders compete for business.
- The extensive due diligence requirements for large deals, including 6-12 months of bank statements, tax returns, financial statements, and AR/AP aging reports, create a documentation burden that is significantly heavier than the simple 3-month bank statement package required for small MCA applications.
User Reviews (13)
Lendr understood my property management cash flow perfectly
Property management company collecting $600K/month in rents. Needed $400K for deferred maintenance across 15 properties. Lendr understood the rental revenue model — consistent, predictable, monthly. Got 1.20 factor rate because my deposits are like clockwork. $480K total repayment. For businesses with consistent revenue, Lendr rewards that with significantly better pricing. My deposits never vary by more than 5% month to month and they priced accordingly.
the large deal expertise is evident
Lendr clearly understands high-revenue businesses. My hotel does $1.2M/month and I needed $500K for a renovation. They didn't blink at the amount. Straightforward underwriting, 1.22 factor rate, funded in 3 days. The daily ACH of $3,389 is about 1.4% of daily revenue which is well within comfortable range. For businesses doing $500K+/month in revenue, Lendr is purpose-built. They speak your language.
direct funder which means no middleman surprises
Lendr funds from their own balance sheet. That matters because the terms they quote are the terms you get — no broker sending your deal to a funder who changes the rate at the last minute. Got $150K at 1.25 for my restaurant group (3 locations). The offer they presented was exactly what showed up in the contract. No bait and switch. Clean deal. Direct funders just operate differently than brokers and I prefer it.
not great for seasonal businesses
My landscaping company does $150K/month in summer and $40K in winter. Lendr looked at the winter statements and offered a factor rate that reflected the worst months, not the average. Got quoted 1.35 on $75K which felt high given my annual revenue. Other funders who looked at trailing 12-month averages gave me better rates. Lendr's underwriting seems to weight recent months heavily which hurts seasonal businesses. Went elsewhere.
decent funder but nothing unique about the product
Lendr does standard MCA with daily ACH. No early payoff discount, no flexible repayment, no multi-product options. The only differentiator is they handle larger deals than most. If you need $200K+ and want a direct funder, Lendr is a solid choice. If you need $50K and want flexible terms, there are better options. Got $50K at 1.26. Fine but unremarkable. The product is the product.
one of the few funders that does $500K+ deals without blinking
Needed $500K for a fleet expansion. Most MCA funders cap at $250K or $300K and I'd have to stack multiple advances. Lendr wrote the full $500K as a single advance at 1.24 factor rate. $620K total repayment. Daily ACH of $3,444 over 180 business days. My trucking company does $800K/month so the daily hit is manageable. Having a single position instead of stacking 2-3 advances simplified everything. Lendr is built for larger deals.
solid funder but limited flexibility on repayment schedules
Lendr offers daily or weekly ACH. That's it. No bi-weekly, no monthly, no revenue-share percentage. For my pharmacy doing $200K/month, daily ACH works fine. But I've seen other funders offer revenue-share models where the payment actually scales with my sales volume. Lendr's fixed payment doesn't flex. Got $100K at 1.24. Good rate, rigid structure. Works if your revenue is consistent, less ideal if it fluctuates.
good for big deals, overkill for small ones
I needed $35K for my auto shop. Lendr processed it but it felt like their whole operation is geared toward bigger deals. The application process had questions about multi-entity structures and annual revenue in the millions. For a small shop doing $80K/month wanting $35K, it was overbuilt. Got 1.28 factor rate which was fine but not amazing. If you need $200K+ Lendr is in their element. For smaller advances, plenty of other options.
professional underwriting process for a larger advance
Lendr took my $250K application seriously. Dedicated underwriter, detailed review of my financials, specific questions about my client concentration and payment terms. It felt more like a bank process than a typical MCA application. That thoroughness produced a fair deal — 1.24 factor rate with weekly ACH of $7,750. For larger deals the extra diligence makes sense. Wouldn't want this level of scrutiny for a $20K advance though.
funded $350K for my multi-location expansion smoothly
Three dental offices doing combined $400K/month. Needed $350K for a fourth location buildout. Lendr handled the whole thing as a single advance at 1.22 factor rate. $427K total repayment over 12 months. Daily debits of about $1,780. For a high-revenue practice the daily impact is minimal. Most MCAs would've required stacking 2-3 deals to hit $350K. Lendr did it in one clean transaction. Professional and efficient.
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Important Merchant Cash Advance Disclaimers
- A merchant cash advance is not a loan. It is a purchase of future receivables at a discount. Factor rates, not APRs, are used to express the cost of capital. Effective APRs on merchant cash advances can range from 40% to over 350% depending on the term and factor rate.
- Repayment is typically collected daily or weekly via automatic ACH debits or a percentage of credit card sales. This means your repayment amount fluctuates with revenue but withdrawals occur every business day, which can strain cash flow during slow periods.
- Most MCA agreements require a personal guarantee from the business owner. In the event of default, the MCA provider may pursue the owner's personal assets, including bank accounts and property.
- MCA providers commonly file UCC-1 liens against your business assets. This lien may prevent you from obtaining additional financing until the advance is fully repaid and the lien is released.
- Merchant cash advances are not regulated by federal lending laws such as the Truth in Lending Act (TILA). State regulations vary widely, and some states have limited consumer protections for MCA products.
- Stacking multiple merchant cash advances (taking a second advance before the first is repaid) significantly increases the risk of default and can lead to aggressive collection actions including confessions of judgment in some jurisdictions.
- Zogby does not provide merchant cash advances or business financing. We are an independent comparison service. We do not fund advances, process applications, or guarantee approval on your behalf.
This page is informational, not financial or legal advice. Talk to a qualified professional before making any big money decisions.
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