Updated:
Lendistry
Lendistry is a small business lending firm. The company was founded by Everett K. Sands, who serves as Founder and CEO. Lendistry also runs initiatives such as...
Lendistry
Lendistry is a small business lending firm. The company was founded by Everett K. Sands, who serves as Founder and CEO. Lendistry also runs initiatives such as the Small Biz Shot Clock Contest.
General information
Firm type
Asset Manager
Year founded
2015
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, California, United States
Additional offices
Santa Clara, California, United States · Tustin, California, United States · New York, New York, United States · Dallas, Texas, United States
Principals
Kyle Funn
Executive Team Member
Rob Green
Enterprise Chief Technology Officer
Clark Huang
Executive Team Member
Joe Kerwin
Chief Marketing Officer
Yajaira Rose-Smith
Executive Team Member
Laura
Executive Team Member
Clark Wen
Chief Financial Officer
Sector focus
Frequently asked questions
Is Lendistry a bank or a non-bank lender?
Lendistry is a non-bank, minority-led Community Development Financial Institution that originates small-business loans through its own platform and distributes SBA 7(a) products. It does not take deposits; capital comes from social-impact investors and national bank partnerships.
How does Lendistry source its borrowers?
The firm runs an online application that accepts submissions anytime, and it has built distribution partnerships with organizations such as Visa & Main. Its CDFI status also connects it to municipal and federal small-business programs that refer underserved entrepreneurs.
Does Lendistry hold loans on its balance sheet or sell them?
The firm has not publicly disclosed its full balance-sheet treatment for all loan types. SBA 7(a) loans carry a federal guarantee, which typically enables secondary-market sales, but Lendistry's proprietary term loans may be structured for portfolio retention or participation sales depending on the capital partner.
Who runs investment decisions at Lendistry?
Lendistry does not operate a fund or discretionary investment vehicle in the traditional sense; credit decisions are driven by its underwriting engine and risk team. Clark Huang, a senior executive with risk-analytics experience at Citi and DFC Global, leads the credit-analytics function.
What is The Center by Lendistry?
The Center is a nonprofit strategic partner that provides technical assistance, business courses and advisor access. It is legally separate from Lendistry but operates as an adjunct to the lending business, allowing the firm to wrap education and grant-funded support around its credit products.
Which industries or loan purposes does Lendistry avoid?
The firm's public eligibility criteria exclude applicants with recent bankruptcies, charge-offs or active collections and require a minimum FICO of 620. Beyond credit thresholds, Lendistry does not publish a sector-exclusion list, though SBA 7(a) rules prohibit certain speculative and passive-investment uses.
How is Lendistry funded?
Lendistry says it combines 'the investment capital of social impactors and national banks' with its own fintech infrastructure. The firm has not disclosed a specific capital raise or permanent equity vehicle, but its CDFI designation gives it access to Treasury-certified funding streams.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: