Frequently Asked Questions

What is Lebit Finance?

Lebit Finance is a small business funding marketplace. We work with a reputable network of lenders that have helped thousands of business owners like yourself.

How does it work?

Our process is quite easy. There are 3 steps towards getting funding:

 

  • Apply
  • Fill out our form
  • Get approval and start growing your business

 

It’s that easy.

I have bad credit, can I still get funding?

Yes, bad credit will not automatically disqualify you from getting funding.

How much money can my business get?

The amount your business can qualify for is between  $5,000 – $1,000,000.

Lenders will evaluate your business documentation and determine the offer based on business performance.

Does Lebit Finance do a hard credit pull?

Lenders only do soft credit pulls, which will not affect your credit. There is no need to do a hard pull to see what your options are.

What are the minimum requirements?

To be qualified for one of our lending programs, you must meet the following criteria:

 

  • $5,000+ in monthly revenue
  • 6 months+ in business
  • 550 FICO+

 

What kind of business loans do you offer?

Merchant Cash Advance, Invoice Factoring, Equipment Financing, Business Line of Credit, Business Term Loans and SBA Loans.

 

 

Do you work with startups?

We provide our services to established small-mid sized businesses and startups that generate revenue.