Comparison
Working with Truidian vs. going directly to a lender
Going directly to a lender is the simplest route when you already know which provider and product you want. Truidian is useful when you are not sure which type of provider fits, want to compare more than one, or need several solutions such as capital, payments and payroll. Truidian is not a lender: participating providers make every approval, pricing and terms decision.
By Truidian · Updated
Going direct
Applying directly to a single lender is fast and transparent about who you are dealing with. The trade-off is that you see only that provider’s products and pricing, and you decide alone whether it is the right product type at all. A bank, a factor and an equipment lender each underwrite differently.
Using Truidian
Truidian reviews your business and introduces you to participating third-party providers whose programs may fit. You stay the customer of each provider, and every approval, rate and term is theirs. Truidian may receive compensation from participating providers, and any fee payable directly by your business is disclosed before you engage.
The value is the match and the single point of contact, not a lower price guaranteed. You are free to compare what you are offered with a direct quote.
How to decide
A quick guide to when each route makes sense.
- Go direct if you know the exact product and provider and just need to apply.
- Use Truidian if you are unsure which product fits, want several providers to compare, or have more than one need.
- Either way, compare total cost and terms, not just the headline rate.
FAQ
Common questions.
Does Truidian lend money?
No. Truidian is a business solutions company, not a lender, bank, factoring company or payment processor. Participating third-party providers underwrite, price and deliver the actual service.
Does it cost anything to use Truidian?
Truidian may receive compensation from participating providers. If any fee would be payable directly by your business, it will be disclosed before you engage.
Will Truidian guarantee approval or the best rate?
No. Approval, funding, rates and terms are not guaranteed and are determined by each participating provider.
See which options may fit your business.
Share a few details and we'll identify participating providers whose programs may fit.
Truidian is a business solutions company, not a lender, factoring company or payment processor. Services are offered by participating third-party providers and are subject to their approval and terms. Figures shown are general ranges, not offers or quotes. This content is general information, not legal, tax, accounting or financial advice.