We Compete Lenders:
Our Story
Our History
Our founder believes in the potential of small and medium-sized businesses. As a businessman himself, he is well aware of the challenges that many businesses have in accessing capital
Taking matters into his own hands, he decided to launch a company that provided quick, easy, and accessible loans for businesses of all types. The goal was to provide low-interest loans by vetting lenders to compete for pricing, hence the company name WeCompete Lenders was established.
Our Purpose
WeCompete Lenders was built with a goal: to empower merchants through quick, low-interest financing and to educate merchants and help them access bigger long-term solutions. Our company has developed simple and inclusive processes, catering to business owners with a wide range of credit scores.
Our Advantage
- Our rates and terms are presented upfront - no hidden charges!
- Get same day approval of loan applications.
- Receive funding in as early as 24 hours.
- We offer alternative loans for every business need.
- Be on the receiving end of quotations from over 100 lenders.
- We provide genuine care for our clients through dedicated customer service.
- We serve as consultants for businesses needing long-term solutions.
Our Growth
We are one of the fastest growing companies in the alternative lending industry.
2015
WeCompete Lenders was established in New York to provide businesses all over America with funding options and growth opportunities. The Company started by offering SBA loans to our clients. By the end of 2015, we began offering MCAs due to great demand.
February
Our head office was established in New York to provide businesses with accessible loans and opportunities for growth.
March
Small business administration loans was launched as the first alternative loan option provided by the company.
June
Merchant cash advance was first offered by the company.
2016
This year was a year of surpassing milestones. We provided over $100M in loans to business owners, opened a satellite office in Philadelphia, and extended our services to the whole US and Canada.
March
Our head office was established in New York to provide businesses with accessible loans and opportunities for growth.
May
Small business administration loans was launched as the first alternative loan option provided by the company.
July
Merchant cash advance was first offered by the company.
September
A satellite office was opened in Philadelphia to cater to more merchants.
November
The company expanded and offered loan services to the whole US and Canada.
2017
We added more to our alternative financing solutions as our network of lenders grew to over a hundred. With low rates and easy processing, our company continues to become the top choice in the alternative finance industry.
February
The $100M dollar mark for loans provided to business owners, was surpassed.
May
Invoice financing, loan consolidation and equipment financing were added to the kinds of loans offered.
July
We have grown our network of lenders to over 100.
September
We saw the need to add construction loans and merchant POS to our loan options.
December
Bridge loans was offered by the company to provide clients with financing during interim periods.
Our Company
Today
We have come a long way in the past two years. Our company has partnered with over 100 lenders that catered to more than 10,000 happy customers. An approval rating of close to 100% is proof that we have stayed true to our goal of providing quick and easy loan options. We took things further by becoming financial consultants, providing companies with financial solutions that allow them to focus on their business.
Our Gratitude
We overcame a lot of obstacles as we built this company from the ground up. It is all thanks to business owners that put their faith in us that we were able to grow at a rapid rate. Thank you for being a part of our story.