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Rated 5 out of 5 stars

Hello, my name is DALE Schwetz. I am the owner of Polo Star LLC. LenCred has been amazing for me and my business and my whole staff. Jerry Engert and his team have been fantastic!!!!! From getting fun... See more

Rated 5 out of 5 stars

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 w... See more

Rated 5 out of 5 stars

My experience working closely with Lencred has been nothing but stellar. When you encounter a business that does what they say they are going to do, and truly wants to get to know their client, you ha... See more

Rated 5 out of 5 stars

I’ve had two great experiences with LenCred (2016 & 2018) and its tremendous staff. My Finance Advisor, Jerry Engert, was exceptional as well as his staff Tiffany Cope. Mr. Engert was “spot on” with h... See more

Company details

  1. Non-Bank Financial Service
  2. Financial Consultant

Written by the company

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.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

464 reviews

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Rated 5 out of 5 stars

Hello my name is DALE Schwetz owner of Polo Star LLC, I have had a very positive experience with Lencred for my funding and strategic planning. I Thank Jerry Engert and his team for their help

Hello, my name is DALE Schwetz. I am the owner of Polo Star LLC. LenCred has been amazing for me and my business and my whole staff. Jerry Engert and his team have been fantastic!!!!! From getting funding to having support with business decisions and funding decisions, Jerry and his team have made decision-making much easier and strategic. Jerry and his team are always available at a moment notice which makes business decisions quicker, and easier. I thank everybody LenCred for all the help and support.

17 April 2025
Unprompted review
Rated 4 out of 5 stars

Money decisions have high impact/high benefit!

Let's be honest, if you are a business owner/founder, you spend a lot of time thinking about money. It's not just how profitable you'll be and if you can afford the beach house in Key West! It's will we make payroll next week? Money matters are very personal, very high impact, and it's difficult to trust outsiders sometimes.
I worked with Jerry first, and then Tabitha came in to help as well. I asked a lot of questions. I discussed the pros and cons of each option we discussed. We analyzed the time frame and discussed what I was comfortable committing too. There was a lot of back and forth. In the end I secured over $150,000 in super low cost financing. That was great! But that's not all. When i was preparing to work with Lendcred I ran my company credit score (not my personal score, my COMPANY score) before we started. I wanted to understand where things were initially. Then I did everything w/ Jerry and Tabitha. I waited 6 months. The score went up 19 points! For me, working w/ Lendcred had 2 goals. Raise capital and grow the company credit rating to position me for good credit options in the future. Both goals were achieved. If you are a business owner and you read this, remember to ask questions, discuss options, be crystal clear on your goals, and be open. It can pay off for you!

20 September 2024
Unprompted review
Rated 5 out of 5 stars

Amazing experience with the team and…

Amazing experience with the team and specifically Cassidy was very communicative and helpful throughout the whole process. Funding can be overwhelming but their support and availability was great! Highly recommend!

24 October 2024
Unprompted review
Rated 5 out of 5 stars

My experience working closely with Lencred has been nothing but stellar.

My experience working closely with Lencred has been nothing but stellar. When you encounter a business that does what they say they are going to do, and truly wants to get to know their client, you having a winning combination. Everyone I have worked with at LenCred has been friendly, courteous and prompt. And to top it off, they are truly experts in their field.

19 January 2024
Unprompted review
Rated 5 out of 5 stars

GREAT TEAM!

GREAT TEAM!
As a small business owner, navigating the world of finances, credit, and business capital, can truly suck and feel daunting at the same time. But thanks to Sean and his awesome team at LenCred, the journey over the past 7-8 months has been nothing short of transformative for my business. From acquiring funding upwards of $90k to gaining invaluable business knowledge, their services have been instrumental.

Every month, sometimes twice, I hop on a call with a team member and discuss where we are, what needs to be dealt with, and how to best move to the next step. LenCred takes the time to understand your unique needs and tailor their solutions accordingly. Whether you're seeking funding to launch a new product or expand your operations, their team goes above and beyond to ensure you have access to the capital you need.

They will also work on building your business and personal credit. And if there is something that needs to be addressed or disputed on your credit report, they will work with you to tackle it. I've always felt supported throughout this process and that's kept me motivated.

Seriously, if you're a small business looking to get funding (and I assume you are), LenCred is a great company to help turn that into a reality. Their commitment to customer satisfaction and comprehensive range of services make them an invaluable partner on the journey to success. I highly recommend them!

4 March 2024
Unprompted review
Rated 1 out of 5 stars

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.

21 January 2023
LenCred logo

Reply from LenCred

Mr. Manzanaares,
We are sorry to hear how you feel. Let’s fill in some blanks for our readers. Mr. Manzanaares got $55,000 in low cost financing with us back in 2022 when he was a client with us. Had he used all of that financing for his business his monthly payment would have been approx. $1,100/month. Pretty low-cost compared to other forms of financing. He needed no collateral and no financials for that $55k in approved financing. He had access to our 24/7 Learning Management System if he wanted to learn more about financing so he could continue to get the right kinds of financing as he and his wife grow their business. When Mr. Manzanaares came to us, he had a business entity and a chosen industry but no income/revenue so it was a true startup. We get people as much low-cost funding as THEY qualify for.

This complaint comes to us out of the blue. We didn’t get any phone calls or emails from Mr. Manzanaares. Of course, we can’t help if we don’t hear from someone. Furthermore, Mr. Manzanaares missed 3 scheduled appointments with our team in a row back on 10/31/2022, 11/23/2022, and 1/4/2023 so it’s been a year now since his missed appointments and our efforts to continue his engagement. He paid us $1,000 and then financed the remaining portion of his total fee of $3,950. Before we started with Mr. Manzanaares, we gave him a written, Custom Strategic Plan in which we put our expectations for him in writing. We told him to only expect $20,000 in the first 90 day and we got him over $50k. We exceeded that expectation. We certainly could have got him additional financing had he continued with the plan we gave him.

Here is exactly what we said to him in that written plan we gave him before he made his buying decision; this is a copy/paste from his plan:
Use LenCred's combo plan; utilize our personal loans API with 15+ unsecured lenders AND tap into our credit card algorithm to apply for credit cards...both personal & business credit cards...this will give you access to more financing, help you obtain some 0% money, and make your credit file better and more robust.

We aren’t sure how we could have been more clear with Mr. Manzanaares on what we were doing, how we would do it, and what to expect. We also couldn’t continue to assist him when he repeatedly didn’t show up for the scheduled time with our team.
Mr. Manzanaares, we’re here and we haven’t gone anywhere. If you want us to continue with some additional financing let us know. Like all our other clients, we can only help you get the kind of financing that YOU qualify for.

Rated 5 out of 5 stars

At the beginning of anything new

At the beginning of anything new, there's the initial "are we doing the right thing", working with Jordan Thomas, Tabitha Powell, and Gabe Levy has alleviated those kinds of concerns. Each have been professional, welcoming, and great to work with towards our goals and building a relationship. We're looking forward to what the future will bring.

7 September 2023
Unprompted review
Rated 4 out of 5 stars

My initial contact was great

My initial contact was great! I wanted to improve my personal and build my business credit. The first contact was fantastic, and very positive after I signed the contract I had one person assigned for personal credit and another assigned for business. They did a great job explaining what was happening, and it went smoothly. In the last 5 months, things changed. I lost the two for personal and credit and was told the company was transitioning. I was assigned
ShanePolley. At first, we met regularly, but then he started missing calls. The last scheduled call was on March 13, 2023. There was no call. My credit score had made it to the level needed, and my credit usage was great. I was ready to move forward with working with lenders, and no call. I called and left messages, but no call. If the time was up, and thank you closure e mail would be great, something that would provide the lender contact he had been offering. But to be kicked cold with no word it not a good way to do business.

13 March 2023
Unprompted review
Rated 5 out of 5 stars

Great results

I have been searching for a company to assist me in building my business credit and get me some much needed capital for inventory. My business is drop shipping now, and the delay times are killing me. After many, many promises for other companies I found the guys at LenCred. I bought their Biz Pro product and I was in front of a specialist within 24 hours and I was funded in 4 weeks. Don't do that I did and run around, go straight to these guys. They are honest and always told me the truth, even when it wasn't good news (becasue I had messed up my credit). they are great at communication and I will be recommending them to all my frieds in the ecom space.

2 February 2023
Unprompted review
Rated 5 out of 5 stars

Today was the first time talking with…

Today was the first time talking with my Rep. Danny and it was amazing. Right off the bat we connected, he is a great listener and communicator. He answered all my questions and provided me with things to think about to make a sound decision I have to make. He followed up with an email about our meeting, Loved it!!

17 January 2023
Unprompted review
Rated 5 out of 5 stars

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!

1 December 2022
Unprompted review
Rated 5 out of 5 stars

Great Experience

Getting my business funding set up has been the easiest part. The reps at Lencred have been great. For the first round of funding I received $30k. Excited about moving on to the 2nd round with Danny Vinculado.

12 December 2022
Unprompted review
Rated 5 out of 5 stars

Great Service for Establishing Credit

I worked with Danny I think this is a great service. Many people may want to find a cheap solution that does everything for them with no risk. Thats not my understanding of business. Lend Cred will absolutely teach you how to build business credit and I am very thankful to have worked with them.

7 December 2022
Unprompted review
Rated 1 out of 5 stars

They do not stick with there agreement

They do not stick with there agreement. I have paid them over 5k and they only applied for credit cards that I can apply for myself. They where suppose to clean up my inquiries and it never happened. There was suppose to do a strategy with me and my wife and it never happened. This is a scam.

1 January 2022
LenCred logo

Reply from LenCred

With Deryell being a name that is not common we searched our database and cannot find this name. Please elaborate and give us whatever name we would have for you so we can find you.

12/19 update - in addition to our database we also went back and reviewed our soft credit pulls we do for prospects in addition to our clients. This would tell us if we ever had any interaction with you Mr. Patterson. Since the search for "Deryell" turned up nothing we also searched under "Patterson" and reviewed each and every credit pull for anyone with that name in the last year. With over 100 names in our search under "Patterson" we do not see a credit pull for anyone with your name; there's only two of those in our search whose names begin with D. One is a woman and the other is not a name that is even close to yours.

Please reach out to us at 888-783-1503 or info@lencred.com so we can locate who you are and try to assist you. Thank You.

Rated 1 out of 5 stars

Put in debt by lendcred

I hired lencred to help me start my buisness. They told me they would get me the money I needed to get my company going. Well this was a big mistake. They did in fact put me in debt right from the start and did nothing else to fix this situation. Then they put my wife in debt saying this would fix my problem. Lencred did nothing to help me but in fact buried me in debt and destroyed my credit. I could have done a better job myself. I would not advise anyone to hire this company. They tell you how they will teach you how to build your credit, then when they get you half of what you need, they blow you off for several months until all the creditors are hounding you for their money. They have taught me not to trust any of them. They apply for loans for you with high interest rates and have no idea how to repay these loans. I am not sure what they teach you other than what you already know not to take loans that you cannot pay. They have now destroyed my credit and tell me I need to find a partner. This is not what I hired them to do. This company has no idea what they are doing and should be closed down. I will be turning them into the BBB for a review of there buisness practices.

25 September 2022
Unprompted review
LenCred logo

Reply from LenCred

It’s never fun to be in a position where you have to respond to a client like this in a public forum. We’ve had numerous discussions with Glenn over the last year of his engagement. Glenn is a good guy and is pretty well known by our team. We certainly didn’t put him in debt but I will clarify what he is referring to.

Glen paid us last year for one of our solutions that was offered to him based on his qualifications and goals. He paid us for that solution and we have spent many, many hours working with him since his engagement began. One of the pieces of our technology is an API with 20+ companies who offer personal loans. These are lenders that anyone can find online if they look and search for them. They are primarily designed for people who want to consolidate their credit card debt. These are likely lenders who many of you know about. Our API has what we believe are most of the main online lenders in the marketplace who participate in this personal loans space. What’s different about our technology is NOT that these are “secret” lenders or that we get someone better rates than what they qualify for. It doesn’t work like that. One of the things our technology does is it allows a client like Glenn who needed to consolidate debt when he came to us to get that done more efficiently utilizing soft credit pull technology to get multiple offers from lenders and then choose whatever terms you like the best from those offers…and to have a higher level of confidence that you got the best possible deal that the marketplace would allow based on YOUR qualifications.

We can’t make or force someone to get more money than a lender is willing to loan them and we can’t make or force those lenders to give terms to the borrower that are better than they qualify for. That, in essence, is what Glenn basically wants and expects. It, unfortunately, is not something we can do. We were successful with Glenn in finding a lender who would consolidate some of his debt. Glenn didn’t like the terms at the time the offer was made and he is still not happy with the terms he got. We are not the lender. We don’t make more money or win by helping Glenn or any other client get higher rates or terms. We simply try to assist and with our experience and technology our clients can get the best deals that the market offers them based on THEIR qualifications.

It is important to note that we DID NOT force Glenn to accept the offer he was given. He chose to proceed with the loan he was offered. He saw the Truth in Lending document before he closed on the loan. He chose to sign and take the funds. We have had clients over the years who say no to their loan offers and we move on with the rest of their plans if they don’t want what gets offered to them. It's simple stuff.

There have been numerous discussions with Glenn about this topic and our attempts to help him understand these basic details have not been successful. We are here to help him. If he wants to proceed with us and work toward building business credit and working toward solutions we will be here. If he would rather blame and talk about what doesn’t work then we will not be able to assist him.

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