Small business owners often require funding to support or grow their enterprises, but traditional lenders frequently overlook these vital companies. That’s because traditional lenders typically only focus on credit history and collateral.
Alternative lenders and small business loan marketplaces aim to fill this gap and provide small businesses the funding they need. Lexington Capital Holdings uses a unique approach by partnering with both alternative and traditional lenders to help increase small business capital access.
However, the financial services company might not be the right fit for every small business. This review explores what you should know about Lexington Capital Holdings, including the benefits, drawbacks, and application process.
Specifically, we’ll answer these questions and more:
Lexington Capital Holdings is a financial services company that focuses on helping business owners secure funding solutions for small and medium-sized businesses (SMBs). It is not a direct lender but maintains relationships with dozens of lenders. The company helps connect business owners with these lenders to obtain financing solutions.
Since its inception, Lexington Capital Holdings has helped numerous SMBs access capital. It specializes in working with businesses that may not qualify for conventional loans, including startups and companies with less-than-perfect credit histories. Lexington Capital Holdings fills an essential niche by focusing on these underserved markets.
Lexington Capital Holdings’ unique position lies in its ability to maintain a network of alternative and traditional lenders. This diverse network allows the company to offer various financing options. The company works with approximately 35 alternative lenders and 20 different national banks, regional banks, and credit unions.
Many small and medium-sized businesses (SMBs) struggle to secure loans from traditional banks. These businesses are often overlooked due to strict lending criteria. Lexington Capital Holdings addresses this issue by connecting them with lenders who are willing to take calculated risks.
Obtaining funding through Lexington Capital Holdings is straightforward. Businesses can apply online by submitting their financial information. Once approved, they receive offers from multiple lenders within their network. This competitive environment helps ensure better terms for borrowers.
CEO Frankie DiAntonio founded the company in 2021, so it’s one of the newer options in the market. The company is based in Brookhaven, NY.
Lexington Capital Holdings helps entrepreneurs access small business funding, including both traditional and alternative business loans. It aims to make capital more accessible by focusing on each company’s financial potential rather than just credit history and collateral.
When a business applies for funding, the lending platform will match it with the lender(s) and loan(s) that best suit its needs. Approved business owners may receive multiple funding offers. The company provides knowledgeable sales reps who work with business owners to get to know their businesses and provide the best possible service.
The platform’s diverse lender network provides many business funding options. However, it doesn’t provide details on these options regarding loan amounts, interest rates, or terms. Lexington Capital Holdings states it may be possible to receive funds within 24 hours, but this depends on the loan type and lender.
Here are the available business loans through Lexington Capital Holdings:
Business term loans are a type of financing that provides a specific amount of money to a business, which must be repaid over a set term with interest. Lexington Capital Holdings offers term loans with fixed-rate or variable-rate financing, giving businesses flexibility in choosing the best repayment structure for their needs. Fixed-rate financing provides stable monthly payments, while variable-rate financing may offer lower initial rates but can fluctuate over time based on market conditions.
Lexington Capital Holdings offers equipment financing solutions to businesses looking to acquire new equipment without tying up their capital. Through flexible lease and loan options, businesses can access the necessary equipment to grow and expand their operations. Lexington Capital Holdings works closely with clients to tailor financing packages that meet their specific needs and budget requirements.
A business line of credit from Lexington Capital Holdings allows businesses to access a predetermined amount of funds that can be drawn upon as needed. This flexible access to financing option allows companies to manage cash flow fluctuations, cover unexpected expenses, or seize growth opportunities without having to apply for a new loan each time.
Lexington Capital Holdings provides start-up funding to new businesses looking to grow and expand. They offer financial support and expertise to help entrepreneurs bring their innovative ideas to life. With a focus on long-term success, Lexington Capital Holdings works closely with start-ups to ensure they have the resources to thrive in a competitive market.
Lexington Capital Holdings offers Small Business Administration (SBA) Loans to help small businesses access funding for various needs, such as working capital, equipment purchases, or expansion. The SBA guarantees these loans, making them more accessible to businesses that may not qualify for traditional bank loans. Lexington Capital Holdings works closely with businesses to navigate the application process and secure the necessary financing to support their growth and success.
Lexington Capital Holdings offers accounts receivable financing (AR Financing), allowing businesses to use their outstanding invoices as collateral for immediate cash flow. This unique financial solution provides a lump sum upfront, equivalent to a percentage of the total invoice value. The company takes on the responsibility of collecting customer payments, freeing up time for businesses to focus on core activities. Once payments are received, the remaining balance of the invoice, minus a small factoring fee, is returned to the business.
Asset-based lending is a strategic financial approach that leverages a company’s assets as collateral. This method enables businesses to quickly access the capital tied up in assets like accounts receivable, equipment, and inventory. Asset-based loans can be structured as revolving credit facilities, giving companies the flexibility to utilize their assets repeatedly to cover expenses or pursue investment opportunities.
Lexington Capital Holdings offers unique funding solutions that allow a friend or family member to co-sign in order to secure a small business loan.
A working capital loan is a financial tool designed to provide businesses with the necessary funds to cover day-to-day operational expenses. These loans are known for their quick approval and short repayment terms, making them ideal for addressing immediate financial needs. It’s important to keep in mind that working capital loans are not intended for significant long-term investments but rather for managing ongoing business costs efficiently.
In addition to the lack of transparency on loan features, Lexington Capital Holdings doesn’t publish minimum qualifications for any of its loan products. The only way to determine eligibility is to apply.
The company’s traditional lender partners will likely have more stringent qualifications. Most banks and credit unions look for excellent credit, several years in business, high annual revenue, and collateral.
Younger companies or those with poor credit will likely be referred to one of the company’s alternative lender partners. If you have any further questions about business loan eligibility, contact Lexington Capital Holdings.
The lack of transparency can make preparing to apply to the company challenging. It doesn’t publish whether it uses a hard credit inquiry or soft credit pull. This can cause some business owners to hesitate since they don’t know the likelihood of approval or whether applying will impact their credit.
The diversity of their lender network allows customers to apply for alternative and traditional loans with a single application, which can provide greater flexibility in finding the best deal for their needs.
It has tremendous customer reviews. Most customers praise the excellent customer service, competitive rates, and flexible financing solutions. Several customers mention doing repeat business with Lexington Capital Holdings.
The company focuses on building relationships with clients. It aims to be an ongoing funding partner, helping small businesses realize their full potential.
Lexington Capital Holdings offers a business loan affiliate program (Partner Program). ISOs and business loan brokers can offer their clients the lending platform’s products.
The application process is reasonably straightforward. Follow these steps to apply to Lexington Holdings Capital.
Small business owners can visit the company’s website to complete the initial form in a matter of minutes.
After applying, you’ll work with a Lexington Capital Holdings Relationship Manager who will get to know your business and help you select the best option. This includes reviewing the available funding offers and the price of each option.
Once you select your funding offer, the chosen lender typically sends the funds to your business bank account. Some options could provide funding in as little as 24 hours.
The company doesn’t provide many details about the post-funding process. Again, this is likely due to the diverse lender network. Each lender and loan type will likely have different repayment options and rules.
Traditional business loans tend to have fixed interest rates and fixed monthly payments. Alternative business loans could have daily, weekly, semis-weekly, or monthly payments.
Early payment options may also vary by lender and loan type. Some enforce a prepayment penalty, while others could offer an early payment discount. Ensure you understand the repayment obligations of any small business loan before signing the loan agreement.
The company is dedicated to maintaining ongoing relationships with its clients, indicating that borrowers will likely have renewal options depending on their lender and payment history. Successfully repaying a small business loan could potentially improve access to more advantageous fundin
Lexington Capital Holdings offers a range of advantages for businesses seeking funding. They provide both traditional and alternative business loan options, catering to different needs and preferences.
With competitive interest rates, businesses can access funding without breaking the bank. The diverse loan options make it easier for businesses to find a solution that fits their specific requirements.
Additionally, Lexington Capital Holdings is known for its excellent customer service, providing support and guidance throughout the loan process. The easy application process and fast funding options make it convenient for businesses to quickly access the capital they need.
Lexington Capital Holdings has some drawbacks that potential borrowers should be aware of. One major issue is the lack of transparency in loan details and qualifications, making it difficult for businesses to determine whether to apply.
As a younger player in the small business financing industry, Lexington Capital Holdings may not have the same level of experience or track record as more established lenders. This could potentially lead to higher interest rates with alternative business loans.
Additionally, businesses may face challenges in qualifying for traditional business loans through Lexington Capital Holdings, as they may not meet the stringent requirements of traditional lenders. Businesses should consider these disadvantages carefully before working with Lexington Capital Holdings.
Yes, Lexington Holdings Capital is a legitimate financial services company and business lending platform.
Lexington Capital Holdings has overwhelmingly positive reviews. The company has a 4.9 out of 5 on over 240 Trustpilot reviews and a perfect 5 out of 5 on over 500 Google reviews.
Positive reviews discuss the excellent customer service team and increased access to capital. When praising the company, many customers mentioned their relationship manager(s) by name.
The few negative reviews we could find were primarily about being denied or not receiving the desired lending product. In addition, some reviews complained about receiving a high interest rate.
If Lexington Capital Holdings denied your business loan application, your requested loan or qualifications didn’t match any lenders in its network. Factors like your credit score, business financials, transaction volume, or requested loan amounts could all factor into these decisions.
If your loan application was declined, the denial letter should explain why. If not, or if you need more information, contact Lexington Capital Holdings directly.
Fortunately, if this platform doesn’t work for you, many business lenders are available. Most lenders and marketplaces provide access to similar lending products.
You may be interested in one of the following small business loans:
Lexington Capital Holdings is best suited for SMBs seeking diverse lending options. Its combination of alternative and traditional lenders provides a unique funding opportunity, and its reputation for customer service means you can get support in choosing the best funding offer.
More established businesses with excellent credit can likely qualify for traditional business loans without going through a third party. In addition, the lack of transparency on loan details and qualifications makes it difficult to decide whether to apply.
Based on the available options, we rate Lexington Holdings Capital as 3 out of 5. Its diverse loan options and customer service are excellent, but the lack of loan details is concerning.
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
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