The specs
Greenbox CapitalLendr
Product typeMulti-productMulti-product
Amount range$5K – $250K (MCA); other products vary$5K – $1M
Cost (factor / APR)Factor varies by paper; published commission up to 19% to ISOsFactor 1.18 – 1.42 (MCA); APR varies for term + LOC
Speed to fund24 – 48 hoursFunding in 24 hours
Min time in business6 months12 months
Min monthly revenue$15,000$15,000
Min credit scoreFlexible — accepts down to 500 on some programs600+
Products
- MCA
- Invoice factoring
- Equipment financing
- Collateral loans
- LOC
- MCA
- Business term loan
- LOC
Verdicts by use case
- Newer businesses (6-12 months) — Winner: Tie. Both accept 6+ month TIB. Lendr slightly more cautious on the 6-month end; Greenbox more aggressive.
- Larger deals ($150K+) — Winner: Tie. Both go to $500K but typically optimize for $25K-$150K range.
- Industry breadth — Winner: Greenbox Capital. Greenbox more inclusive of trucking, construction, automotive. Lendr is tighter on these verticals.
- Multi-position MCA capability — Winner: Lendr. Lendr more willing to do second-position deals. Greenbox prefers first position.
- ISO transparency — Winner: Greenbox Capital. Greenbox publishes commission caps. Lendr's commission structure is less public.
The honest takeaway
Greenbox Capital and Lendr solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- I already have one MCA — which will fund second position?
- Lendr is more open to second-position deals. Greenbox prefers first position. But stacking is high-risk; consult before proceeding.
- Which is faster for a clean file?
- Both 24-72 hours for clean files. Speed depends more on file quality (no NSFs, consistent revenue) than funder.
- Which is more established?
- Greenbox has $400M+ funded since 2012. Lendr is smaller-scale but still legitimate direct funder.