Lindenfield Business Funding, based in La Crosse, WI, matches your request with funding partners, who review it and make their own decision. You describe what the money is for by phone or form; the partner reviews your records and decides on approval, amount, rate and terms, and you choose whether to accept any offer.
Step 1: Describe the Bill the Money Has to Pay
Call (608) 369-8681 or use the request form. The form asks for your full name, phone, email, company name if you have one, and three required picks: time in business, annual revenue range and the amount you are asking about. Then you check the consent box. No bank statements or Social Security number are needed at this stage.
On the call we ask what the funds will pay for, when the bill is due, and how money comes into the business: cards, invoices, cash or a mix.
Step 2: We Narrow the Options
Lindenfield Business Funding is a broker, not a lender. It does not lend its own money or make credit decisions. Our job is to match the request to the funding type that suits it and to partners that handle that kind of business. A request for kitchen equipment and a request for a partner buyout go to different places.
We will tell you which of the six funding options we think fit, and why. If none does, we say so.
Step 3: A Funding Partner Reviews the Request
So what do lenders look for when you apply for a business loan? It varies, but a partner may read:
- Business bank statements, often the last several months, to see deposits, balances and existing payments
- Time in business and annual revenue, which the form's range picks summarize
- Owner credit history, which a partner may check
- Loans, leases and advances already in place
- For larger or longer requests, business tax returns, a profit and loss statement and a balance sheet
- For equipment, the seller's quote; for an acquisition, the seller's financials and the purchase agreement
This is a business loan documents checklist, but you only gather what a specific partner asks for. Partners do not publish one set of requirements for getting a business loan, and we do not invent thresholds.
Step 4: The Partner Decides
And how long does it take to get a business loan approved? That depends on the partner, the product and how quickly documents arrive. How long it takes depends on how much a partner has to review: an acquisition file includes the seller's records, while an equipment request may start from one quote. Underwriting can pause while a partner waits for a statement or a signature, so keeping documents ready is the one part you control.
An offer should state the amount, the total cost, the payment amount and frequency, the term, any fees, and any collateral or personal guarantee. A decline is the partner's decision; we can tell you what it said, if it said anything.
Step 5: You Choose
Read the full offer, compare it with any others, and work out the total you will repay. Accepting is never an obligation. If you want a second opinion, your accountant or attorney is the right person to ask; see the common funding questions too.
Bank Statements for Business Loans: a Practical Note
Download statements as PDFs directly from your bank, for the business account only, covering every page. Partners read them for regular deposits, low balances, returned payments and other lenders' debits. If something unusual happened, such as a large one-off deposit or a month of closure, explain it up front. Local context for La Crosse County, WI businesses is on the La Crosse, WI page.
By Lindenfield Business Funding · Updated
