lendingclubcom

LendingClub - SMB offers fast, online small‑business financing tailored for U.S. companies. Expect a streamlined application, transparent pricing and options for term loans, lines of credit and working capital to keep operations moving.

Founded2006

HeadquartersSan Francisco, CA

Main productSmall‑business loans & financing

Service areaUnited States

Why choose LendingClub

Practical, online lending built for small businesses.

01Dedicated SMB focusLendingClub tailors products to small businesses, from short‑term working capital to multi‑year term loans for growth and equipment.

02Fast online processA primarily digital application and underwriting workflow speeds approval decisions and often delivers funding in days, not weeks.

03Transparent termsRates, fees and repayment schedules are presented clearly up front so business owners can compare options and plan cash flow.

Term loans and paperwork

LendingClub's term loans provide lump‑sum funding for expansion, payroll or equipment. Applications focus on business performance and credit history; approvals include clear fee schedules and amortization, and required documentation is typically business tax returns, bank statements and ID. This product suits firms that want predictable monthly payments and a fixed repayment timeline.

Working capital for daily needs

For seasonal spikes or inventory purchases, LendingClub's working capital options move quickly. Small retailers, cafes and service providers can access short‑term credit to smooth cash flow, with online account management and repayment flexibility. Use cases include restocking, staffing during busy periods and bridging receivables until payments arrive.

What they offer

Small business term loansLines of creditWorking capital loansEquipment financingLoan refinancingBusiness debt consolidation

Final verdict

What we like

Fast, mostly digital application and underwriting
Clear presentation of rates and fees
Products tailored to small-business cash‑flow needs
Multiple loan types for different use cases

Worth knowing

Availability limited to U.S. businesses
Competitive rates typically require solid credit and financials
Origination fees may apply

FAQ

Where is LendingClub SMB available?

LendingClub's small‑business products are offered to eligible businesses operating in the United States. Eligibility can vary by state and business type.

Can I cancel after applying or get a refund?

You can withdraw an application before funding; once a loan is disbursed, standard loan repayment and payoff rules apply. Origination fees and interest already charged are typically not refundable.

Are there discounts or promotional rates?

LendingClub occasionally offers promotional pricing or partner programs. Rates are individualized by credit profile and business financials; ask your representative about current offers or referral incentives.