Lencred

14747 N Northsight Blvd, Ste 114, 85260, Scottsdale, United States
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4.20
Based on 20 Reviews

5

80.00%

4

0.00%

3

0.00%

2

0.00%

1

20.00%
About Lencred

LenCred helps entrepreneurs and small business owners obtain low-cost financing and assists businesses with high-cost debt to improve and/or restructure their debts to more cash-flow friendly financing that reduces interests expenses. Startups in their first 3-5 years can obtain between $25,000 - $250,000 in low-cost financing that doesn't require collateral or financials and that can be used to start, build, and grow their businesses. Established companies can get even more, all WITHOUT needing to pledge your precious collateral.

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Peter Bailey
GB

Joel Wilson is a Champion I have started the process of getting a line of credit from Lencred. I spoke to a gentleman named Joel Wilson who was helpful, personable, and kind. He obviously loves what he does. He provided me with his name and number and told me if I need anything to give him a call. I’m a Hairstylist who has become a small business owner and am working on establishing business credit- an anxious experience for me. He took the fear out of the situation.

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Felix Manzanaares
GB

Bad experience Bad experience. Got nothing but lies. This company will get you training and credit cards that you do not need unless you are a new businessperson. Wasted my money, period.

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Concord Sun Management
GB

Lots of promises, no results Lots of promises, no results. A little background here, our company has two business owners with 800+ credit scores, going on our fifth year in business and a revenue of close to 200k a year. We reached out to LenCred for assistance with a line of credit. We were made the promises, but have seen no results. All they have been able to accomplish is get us 3, 0% interest credit cards, which would have taken us about 10 minutes to apply for online. We were however, easily able to obtain lines of credit once we stopped waiting on LenCred and just called a few banks. They have no connections that I am aware of and we have received no benefit.

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Lindsay N
GB

Lost $4k with Lencred program I paid into their program with the expectation that I would be guided to obtaining business financing. All I received were multiple credit cards opened in my name, a lowered credit score, and absolutely nothing else to show for my time and energy. I did EVERYTHING they asked me to do for months and received no return. I was told that I would have a professional team helping me along the way, was even given names of industry leaders that would be my "team" but those were not the employees that called me. I was told that I would most likely be eligible for almost $300,000 in business financing if I did what they said. When I questioned why my only source of lending where the multiple credit cards opened in my name, they said their private lender would reach out. They never called me. My "coaching calls" consisted of 5 minutes conversations with people that I am not sure had the credentials to build my business. I lost over $4k on this program.

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Valerie Velasquez
GB

Danny V Danny V. is my Business Financial Strategist and is fantastic! He is able to review the current situation (never simple) and can find a solution that makes sense. He will never try to pressure you to do something that you don’t understand or agree with. His expertise speaks for itself. I never leave a meeting with questions, and if I come up with something out of hours he is quick to get back to me. Very professional and easy to talk to!

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