Financial Lynx
Author: Kaitlyn Short
Financial Lynx provides business loan consulting and placement to clients through its platform of more than 250 registered lenders.
Top Ranked Companies
The Good
- Experienced Loan Consultants
- No Obligations
Experienced Loan Consultants
Working with a financial consultant that understands your business and your business goals is crucial. Because of this, Financial Lynx promises that its loan consultants will get to know the ins and outs of your company and only offer financial solutions that are perfectly tailored to your business needs.
No Obligations
Unlike some other business loan companies, Financial Lynx does not charge consumers for its services. If your consultant can’t find a financing solution that suits your business needs, you do not have to proceed, and you do not owe the company any money.
The Bad
- Fees May Vary
- No Online Application Process
- Lack of Details on the Website
Fees May Vary
Financial Lynx works with a variety of different lenders. Each lender will have varying fees, interest rates, funding times, term lengths, and more. Fees are not standard across the industry, so customers should verify fees and rates before purchasing a business loan.
No Online Application Process
Most business loan companies will allow consumers to fill out an online application to determine if they qualify for certain types of loans.
To start working with Financial Lynx, the company has you fill out a form with what type of loan you’re interested in and asks when the best time to call is. This can be inconvenient for consumers who aren’t ready to speak with a financial advisor yet and are just trying to get an idea of what is out there.
Lack of Details on the Website
Unfortunately, Financial Lynx’s website feels a bit underwhelming. The company doesn’t disclose much about its process and what consumers can expect. There is also a lack of a company blog and tools page where customers can learn more about the company, business loans, and the industry. It would be helpful if Financial Lynx would provide consumers with more detailed information.
The Bottom Line
Financial Lynx is a business loan consulting company that focuses on helping business owners find tailored financing solutions through its placement platform. The company works with over 250 different lenders, so there will likely be a solution that works for you and your business.
We would like to see Financial Lynx provide more detailed information about what consumers can expect when choosing to work with this company and offer more resources to potential clients.
