Lendoor

Lendoor helps small business owners raise and manage low-interest loans from people they already know. Our mission is to help start-ups and small businesses nationwide get crowdfunded loans from friends, customers and supporters — instead of bankers — with terms that work for both sides. The Lendoor loan process: 1. Applicants post the amount of funding they need, the payback term, and the interest rate they choose. They send their friends and fans to their personalized Lendoor page to pledge support. If they get enough pledges, the loan is funded and the applicant receives the funding.