World Business Lenders, LLC
World Business Lenders, LLC (WBL) is a private direct lender based in Jersey City, New Jersey. Founded in 2011, the company specializes in short-term, real estate-secured business loans and working capital for small-to-medium-sized enterprises (SMEs) that may not have access to traditional bank funding. WBL targets various sectors, including trucking, contracting, and floristry, and offers online applications through wholesale referral partners. WBL provides loans with daily or weekly repayment schedules and interest rates starting at 13%. The company has raised over $56 million in funding and employs approximately 252 people. Under the leadership of Chairman and CEO Doug Naidus, WBL aims to support the growth and development of SMEs across the United States.