Every Lendly application is taken by a named underwriter.
A sentence or two that explains what the money buys and how it earns its keep is worth more than any spreadsheet.
We look at repayment as a share of turnover, the sector's seasonality and any earlier loans with us.
The underwriter can approve as asked, offer a smaller amount, a different term or a lower band, or decline with a reason you can read in your account.
