Lendio and Capital Stack Launch Program Helping Those Without Credit Receive Business Loans

2 min read • May 18, 2011 • Dan Bischoff

Lendio and Capital Stack announce a Bank Flow Cash Program, which helps businesses that don’t qualify for business loans, secure capital to help their businesses grow.

NEW YORK CITY and SALT LAKE CITY — Existing businesses no longer need credit at all to get business loans.

Lendio and Capital Stack today announced a new Bank Flow Cash program, which enables business owners to receive business loans without any credit.

“Many new business owners have either poor credit or no credit history at all,” said Brock Blake, Lendio CEO. “When those people approach banks for small business loans, they are denied the vast majority of the time. Without those funds, many small businesses can’t continue to operate.”

This program is designed specifically to help those types of businesses across the nation. Some industries that often get turned down by bank and cash advance programs include collection agencies, attorneys, accountants, gas stations, travel agencies, and construction. This program will in turn, help create more jobs and strengthen a struggling economy.

“After jointly evaluating the marketplace, we found a large void that didn’t have this type of credit in the system,” said David Rubin, Capital Stack CEO.

There is a large volume of potential businesses that could benefit from this program. Together, Lendio and Capital Stack developed a solution and brought it to the market.

“The key was using the new platform developed by Lendio, to instantaneously scrub market wide the available options for a small business,” Rubin said.

This program allows clients the following benefits:

  • Underwritten in 24 hours
  • Funding in a few as 5 days
  • 90% more approvals over traditional bank programs
  • $20,000 in average approvals
  • Advances up to $500k
  • Startups in business 1-3 months can be approved
  • Profitability not examined
  • Business credit not examined
  • 500 personal credit is OK
  • No interest or late fees
  • Repayment automatically from the bank account
  • No application fee

About Capital Stack
Capital Stack, LLC delivers business cash advances, unsecured programs, and cash-flow-style bank loans. The company designs flexible programs to advance against future credit card receivable or structure and advance on the bank cash flow of the business. Its financing allows most business to expand their customer base and turn future receivables into immediate cash. Specialties include business cash advance, ACH bank program, electronic payment space, accounts receivable financing, PO factoring, inventory finance, and real estate finance.


Dan Bischoff