Here's Exactly How Your Financing Works.
You applied at the point of sale — during a contractor's estimate or a med spa consultation. Here's what happens between that application and your funded project or treatment, and who to contact along the way.
From Consultation to Funded Loan — In Minutes
The same four-stage lifecycle powers every vertical on the platform, from a kitchen remodel estimate to a med spa consultation.
Consultation & Estimate
A contractor or provider identifies a financing opportunity during the in-person or virtual consultation — no separate application process to break the moment.
See What Your Monthly Payment Could Look Like
Move the slider to your project or treatment price for a quick estimate. Your actual payment, term, and APR are set by your program lender.
Becomes about $267/mo*
*Illustrative estimate only, based on a 45-month promotional term. Actual payment, term, and APR are determined by your program lender based on your creditworthiness. Not an offer of credit.
Who's Actually Involved
Your financing involves a few different parties behind the scenes — here's who does what.
LendStrm
We're the technology platform behind your application and decisioning — not your lender. We don't hold your loan or set its terms.
Your Program Lender
An insured bank or financial institution originates and holds your loan. All credit decisions and loan terms are determined by them, not by LendStrm.
Concord Servicing
Once your loan is funded, Concord Servicing, LLC manages your payments and account on behalf of your lender — they're your point of contact after funding.
Questions Borrowers Ask
No. LendStrm is a financial technology company — your loan is made and held by a program lender, an insured bank or financial institution. LendStrm provides the technology and servicing support behind the scenes.
Concord Servicing, LLC services loans on behalf of program lenders. Once your loan is funded, they're your point of contact for payment questions, statements, and account changes.
Your application is submitted directly into the program lender's credit decisioning system. We don't ask you to share sensitive information over unsecured channels.
Prepayment terms are set by your program lender and outlined in your loan agreement. Refer to your agreement or contact your servicer for specifics.
Reach out through our Contact page and we'll point you in the right direction — whether that's your servicer, your provider, or our team.
Still have questions?
Our team can point you in the right direction, whether that's your loan servicer, your provider, or something else.