What is Lendistry?
Founded in 2015, Lendistry operates as a national lender dedicated to democratizing access to capital for small businesses. The firm distinguishes itself through a dual-focus model: providing direct small business loans and facilitating access to government and private grant programs. By addressing the systemic barriers that often prevent small business owners from securing necessary financing, Lendistry has built a robust portfolio that includes contractor finance, insurance products, and comprehensive financial education. Its market position is defined by its commitment to community-centric lending, ensuring that capital reaches businesses that are frequently overlooked by conventional financial institutions.
How much funding has Lendistry raised?
Lendistry has raised a total of $195.5M across 6 funding rounds:
Debt
$3M
Debt
$500K
Debt
$2M
Private Equity
$5M
Debt
$85M
Debt
$100M
Debt (2017): $3M with participation from Community Bank
Debt (2017): $500K, investors not publicly disclosed
Debt (2018): $2M supported by Community Bank
Private Equity (2022): $5M featuring Texas Capital Bank
Debt (2022): $85M, investors not publicly disclosed
Debt (2026): $100M with participation from East West Bank
Key Investors in Lendistry
Community Bank
Community Bank, headquartered in DeWitt, New York, is a full-service financial institution that offers a comprehensive suite of consumer and business banking services.
Texas Capital Bank
A subsidiary of Texas Capital Bancshares, this commercial bank specializes in delivering tailored financial services to businesses operating within the Texas market.
East West Bank
East West Bank provides extensive personal and commercial banking services, with a specialized focus on facilitating business transactions and trade finance between the United States and Greater China.
What's next for Lendistry?
With the successful closure of this major enterprise-level funding round, Lendistry is well-positioned to scale its lending operations and enhance its technological infrastructure. The strategic deployment of this capital will likely focus on expanding the firm's reach into new geographic markets and diversifying its financial product suite to better serve the evolving needs of small and medium-sized enterprises. As the company moves into its next phase of growth, it is expected to further integrate its digital lending platform with broader banking partnerships, thereby increasing the velocity of capital deployment and strengthening its impact on economic development across the United States.
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