DELIVERING STRUCTURED AND TRANSPARENT SOLUTIONS

LQD's Solution

Unlike existing lenders, our underwriting sophistication enables us to execute a broader range of loans with varying requirements. In addition to traditional asset-based loans, we also offer contract lending, purchase order financing, acquisition financing, cash flow lending, and over-advance lending, all custom tailored to your specific financing needs, in one comprehensive financing solution.

Convenience

Options

Value

Takeaway

LQD has the broadest range of financing opportunities and is the only business finance company that can design a solution based off of your desired terms, which will ultimately deliver the most value to you and your business.

Bank

Convenience

Options

Value

Takeaway

While banks offer the lowest rates, they reject over 85% of loan applications and typically take 2-3 months just to consider an application. Additionally, banks are very restrictive and do not provide financing to businesses without collateral.

MCA/Factors

Convenience

Options

Value

Takeaway

While merchant cash advances (MCAs) are fast, they are also extremely expensive: sometimes over 80% APR. MCAs are also very restrictive, offering only low principal amounts to be paid back in a very short term. MCAs are great for the MCA companies, but are the worst value for your business.

P2P

Convenience

Options

Value

Takeaway

While online peer-to-peer lenders (P2Ps) are convenient and cater to a range of different credit risk, they are very limited with respect to financing options and principal amount. Also, P2Ps base their underwriting decisions primarily on the owner’s personal credit, which may further restrict some businesses’ options.

Bank MCA/Factors P2P
PRINCIPAL $500K - $10M $250K - $10M $100K - $5M $10K - $1M
FACILITY Amortizing term and interest only Amortizing term and revolving Highly limited Cash advance
FLEXIBILITY Broad based underwriting that is not limited to asset based lending Highly limited with strong and strict asset based requirements Highly limited with no over advances or stretch Single product based on bank statements
TIME TO CLOSE 10 - 30 days > 90 days 30 - 60 days 1 - 5 days
RATES 15% - 25% < 10% 12% - 36% 5% - 15%
TERMS 6 - 36 months 1 - 5 years Varies 2 - 12 months
FEES 3% - 6% 3% - 6% 4% - 8% 5% - 15%

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