Updates

LENDINI ORIGINATION FEE CHANGE

February 28, 2025

Effective today, the following Lendini Origination Fee buckets are as follows.

Up to $7,500: $645
$7,501 - $10,000: $745
$10,001 - $25,000: $945
$25,000 - $50,000: $1,295

CLARIFICATION

February 28, 2025

Funding Metrics, LLC dba Lendini – Independent Sales Organization Agreement
CLARIFICATION OF SECTION 8

8. Commission Retrieval. Lendini will retrieve ONE HUNDRED (100%) PERCENT of the ISO’s commission if within THIRTY (30) days of funding the Merchant goes into default. Default is defined as (a) Merchant intentionally interfering with Lendini's right to collect the Daily/Weekly Increment; (b) stop payment, revocation of ACH authorization; or bank account closure; or (c)Merchant fails to provide financial information to Lendini within five (5) days of request. Upon Merchant’s default Lendini will immediately notify the ISO. ISO will have FORTY-EIGHT (48) hours to contact Merchant to have Merchant cure the account and set up payment arrangements with Lendini. If the Merchant account is cured within the described time period commission will not be retrieved. If Merchant fails to cure the account and execute a payment arrangement within 48hours the commission will be retrieved. In the event the Merchant cures the account after the 48-hour time period ISO’s commission will be returned to the ISO after Lendini has received 90% of the RTR from the Merchant, provided the payment is not received from a third party or as the result of additional collection actions. ISOs must remain active to receive commissions on Merchant Renewals. A Merchant Renewal refers to any Merchant who was submitted by ISO and funded through Lendini who either has a current outstanding balance or who previously sold its future receipts to Lendini and submits a new application for funding to Lendini through the ISO. (See Renewals on Schedule “A”) Active status means that the ISO has submitted two (2) Merchants per month, for the month immediately preceding the renewal date.

BROKERS EXPO 2024

Lendini was a Sponsor at the Brokers Expo is New York City, November 6, 2024. In attendance; Carly Padilla, Brooke Brown and Melissa Flagg

B2B Finance Expo in
Las Vegas

Lendini is a Platinum Sponsor at the B2B Finance Expo this September in Las Vegas, Nevada. Come out and meet our Business Development and ISO Management Team!

Get your tickets before they sell out!

ISO Management
Team Update.

We have expanded our ISO Management Team! Pictured from left to right:  Hector Ramirez, Jose Vasquez, Maria Carvajal, Lauri Fernandez, Ruby Mora, Daniel Richmond and Jake Alfaro.

New York Disclosure is Live

Due to changes in New York State Law that now impose registration and/or disclosure requirements on companies that provide commercial or business-purpose financing, Funding Metrics, LLC and its subsidiaries and affiliates (collectively, “we”, “us” or “FM”) are obliged to develop a program (the “Broker Program”) for dealing with independent service organizations, broker, marketers, or other third-party service providers (collectively, “Brokers”) who participate in our transactions with potential customers (“Merchants”). 

The purpose of this Notice is to inform you of the new requirements of our Broker Program.  We will monitor Brokers for compliance with Broker Program requirements.  Please note that failure to comply with the requirements of the Broker Program may result in a suspension or discontinuation of our relationship with a Broker and/or termination of any agreement with a Broker, in accordance with the terms of that agreement.

We may update the Broker Program from time to time by notifying you in writing of any changes to the Broker Program.

Please click the following link to read the complete Notice of Broker Program Requirements.

California Disclosure is Live

Due to changes in state laws that now impose registration and/or disclosure requirements on companies that provide commercial or business-purpose financing, Funding Metrics, LLC and its subsidiaries and affiliates (collectively, “we”, “us” or “FM”) are obliged to develop a program (the “Broker Program”) for dealing with independent service organizations, broker, marketers, or other third-party service providers (collectively, “Brokers”) who participate in our transactions with potential customers (“Merchants”).

The purpose of this Notice is to inform you of the new requirements of our Broker Program. We will monitor Brokers for compliance with Broker Program requirements. Please note that failure to comply with the requirements of the Broker Program may result in a suspension or discontinuation of our relationship with a Broker and/or termination of any agreement with a Broker, in accordance with the terms of that agreement.

We may update the Broker Program from time to time by notifying you in writing of any changes to the Broker Program.

Please click the following link to read the complete Notice of Broker Program Requirements.