Mike and Shelley have been married for 21 years!
Mike and Shelley came to LendDirect after being denied for a business expansion loan by their local bank. Disappointed in their bank, Mike began to explain to us his vision of expanding their restaurant.
They had plans to simply add on to their building, making room for more guests to enjoy their favorite fish and chips restaurant. Intrigued, (and now hungry) we quickly ran them through the application process.
Here is a breakdown of Mike and Shelley’s personal line of credit decision with LendDirect.

Monthly Statement
Approval Amount
(Credit Limit)
$15,000.00
Advance Amount
$15,000.00
Annual Interest Rate
46.93%
Estimated Payment
(with Loan Protection)
$951.06
After a handshake and two cups of coffee, Mike and Shelley were out the door with $15,000 in their bank account. Mike got straight to work, tearing out walls, purchasing new furniture, adding more bar stools and rebuilding for a more spacious, more luxurious atmosphere. While Mike was focused on the addition to the restaurant, Shelley was hard at work crunching the numbers.