LendSquare
We help small businesses borrow under $250K from customers and friends. Businesses save money and their customers make money. Everyone wins.
- Stage Full Product Ready
- Industry Financial Services
- Location Chicago, IL, USA
- Currency USD
- Founded 2011
- Employees 5
- Website lendsquare.com
Company Summary
We help people lend to small businesses in their neighborhood. Credit for brick-and-mortar businesses is expensive: 20%-30% APR with credit cards, and over 100% for cash advance fees. On LendSquare, businesses ask their customers & neighbors to lend them money. This empowers communities to finance those businesses they find most valuable. We handle payments, calculations, and legal documents. To date, we have hosted over $500,000 in loans.
Team
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Sebastian VillarrealFounder
Took LendSquare from idea to revenue-generating business. Invented our unique regulatory strategy and implemented it with outside counsel. He studied physics and neuroscience at the University of Chicago. He codes mainly in Python.
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Jose ValdesMarketing / Sales
Joined the team with 5 years in sales & marketing consulting (ZS Associates) and one as Associate Director of Managed Markets Business Operations at Bayer Pharmaceuticals. He is experienced with market analytics, and a great salesman.
Advisors
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Gregory GroveLawyerUnconfirmedLeavitt SiegalAccountantUnconfirmed
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