Coverdash and Lendistry Simplify Insurance and Accelerate Access to Capital

We’re excited to announce Coverdash’s new collaboration with Lendistry, a leading SBA Preferred Lender, minority-led fintech and Community Development Financial Institution (CDFI) recognized by American Banker as one of the Best Places to Work in Fintech for 2025. This collaboration helps Lendistry’s small business customers more easily navigate insurance requirements that are often essential for securing financing.

Lendistry provides a broad suite of financing options including SBA 7(a) loans, term loans, and commercial real estate loans. As part of the lending process, business owners are often required to carry specific types of business insurance to secure their funding. These requirements help protect business assets used as collateral, but they can add friction to an already complex process.

Through this relationship, Coverdash provides Lendistry customers affordable insurance options and instant quotes online - making it easier to meet insurance requirements and move funding forward quickly. Typical required policies include general liability, workers’ compensation, and property or hazard insurance, depending on the loan type and business needs.

This streamlined access to insurance supports Lendistry’s broader mission of expanding access to capital for underserved communities including minority-owned businesses, veterans, and entrepreneurs in rural areas. With over $10.5 billion deployed to more than 640,000 small businesses, Lendistry is one of the country’s most impactful mission-driven lenders.

Together, we’re helping entrepreneurs protect what they’ve built and grow with confidence.

If you’re interested in partnering with Coverdash, reach out here: https://www.coverdash.com/partner

About Coverdash

Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with minimal effort. Coverdash is headquartered in New York and is licensed across all 50 states. Learn more: https://www.coverdash.com/partner 

About Lendistry

Lendistry is a tech-enabled small businesses lender, grant administrator for private and public agencies, and a trusted resource for undercapitalized entrepreneurs including people of color, veterans, and those in rural communities. Founded in 2015, Lendistry has used technology and community partnerships to deploy over $10 billion in its first ten years. Lendistry was recently named the winner of the LA Area Chamber of Commerce Corporate Leadership Award, BankRate’s Best Minority-Led Business Lender, and one of American Banker’s Best Places to Work in Fintech. Lendistry has both Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications, is an SBA Preferred Lender and is now the #2 non-bank SBA 7(a) lender in the country. In collaboration with The Center by Lendistry, a nonprofit business education organization, Lendistry helps business owners achieve their goals and prepare to scale.