Introducing Lendica: Your Gateway to Seamless Project Funding

At SubcontractorHub, we are committed to providing our users with tools that enhance their business operations and accelerate growth. In line with this mission, we are thrilled to announce our latest integration with Lendica, an embedded AI lender known for its innovative credit solutions. This partnership brings you the iBranch feature, a groundbreaking embedded project funding solution designed to simplify access to capital through the SubcontractorHub platform.

What is Lendica?

Lendica is a forward-thinking financing company dedicated to providing fast, affordable financing solutions tailored for contractors. With Lendica's integration into SubcontractorHub, users can now access project financing in just a few clicks. Lendica offers two core products:

PayLater: Manage your accounts payable by delaying payment of your bills, giving you more cash to invest in growth or operations.

FundNow: Accelerate customer collections by getting paid upfront on your sales invoices.

How Does the Integration Work?

Lendica is embedded on SubcontractorHub’s project page as a widget. Simply click the “Need Funding?” button, and you can create your account without ever leaving the platform. Once your account is set up, you can visit your project’s detail page and choose between Lendica’s two core products- FundNow and PayLater.

Accessing Lendica’s financing options on SubcontractorHub is simple and seamless:

"Need Funding?" Button: A new button has been added to the Projects page. Clicking this button opens the SubcontractorHub and Lendica funding widget.

Widget Functionality: Within the widget, users can create a new Lendica account. This integration means there is no need to ever leave the platform, you can get your account set up immediately.

Instant Decisions: Once signed up, users can apply for funding by providing basic information and connecting their data. Lendica offers an instant decision on applications, ensuring a quick and efficient process.

Fair and Flexible Funding: Lendica provides competitive rates and fees, with no impact on your credit score even if your application is not approved. As your sales grow, so does your credit limit, giving you increased buying power.

Effortlessly streamlining project financing, Lendica enables organizations to save time and resources by eliminating the complexities of traditional lending. With its seamless integration into the SubcontractorHub platform, users can access, apply for, and secure financing efficiently. Discover the convenience of Lendica and accelerate your project funding by booking a SubcontractorHub demo today!