Lend Review for Potential Borrowers

Summary

Is Lend.com.au a Lender?

Whilst Lend.com.au holds all of the necessary licensing for its role in the market, including an ASIC registration (ACN 612 877 442), it is definitely not a lender in its own right. After your initial application, Lend.com.au completes an expert analysis through its enhanced algorithms, based on the information you provide. It will then match you with the finance lender that best meets your company’s requirements, whilst finding you the best deal at the first time of asking.

How Does Lend.com.au Work?

Lend.com.au is essentially a marketplace of lenders that matches small business owners seeking finance with the lenders that match their criteria. The site boasts itself as a business financing comparison website, but in our humble opinion it is more of a “smart wizard”.

The way it operates is rather straightforward. You go on the site, fill in the requirements you are asked to input and the purpose of your business financing. Lend.com.au then completes the rest of the work for you – through a mixture of understanding the type of finance you are seeking (e.g. equipment finance or unsecured business loan), the amount of finance you’re seeking, your company’s cash flow and the industry you operate. The company will then come to you with your most appropriate lending partner.

Which Lenders Do Lend.com.au Work With?

Lend understands that unsecured lending is not an option for everyone and now works with over 50 finance providers in the below categories:

Construction and Development

• Unsecured Business Loans
• Invoice Finance
• Equipment Finance
• Invoice Finance
• Business Car Finance
• Line of Credit
• Bad Credit Business Loans

It’s clear from the customer feedback that lend.com.au is providing an invaluable service for its users, aggregating the small business loan market and drastically reducing the time, energy and cost for small businesses that’s incurred when seeking a small business loan.

The history of Lend.com.au’s founders suggests they know exactly where the lending market is heading in Australia – online. And as long as the firm continues to make the application process as simple as possible we only recommend giving Lend.com.au a go – it’s totally free and there’s no impact on your credit score. You may have recommendations for loan providers you weren’t able to find from your own research too. No matter the type of finance you are seeking Lend.com.au is working with an ever growing number of finance providers across all solutions so they can become the go-to marketplace for small business funding in Australia.