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Lendio

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502 User Reviews

9.9

Overall Score

Headquartered in South Jordan, Utah, Lendio is a leading business loan marketplace. It boasts a massive library of lenders, a wide array of loan products, top rankings in Entrepreneur magazine, and an award-winning culture. 

The company’s mission is to fuel the American Dream by helping small business owners across the US find the financing they need to expand, develop, or simply keep their doors open in times of crisis — all through an easy-to-use, 15-minute application.

To date, Lendio has facilitated over 200,000 small business loans for $10 billion in total funding —including $8 billion in PPP loan approvals as part of government COVID-19 relief (which helped save an estimated 1.1 million jobs). Yet, there’s more to the company than numbers.

Lendio is innovative and adaptive. It’s a values-driven organization striving to provide equal access to capital for underserved communities and America’s smallest businesses. 

Read on to discover The Good, The Bad, and The Bottom Line about Lendio, as well as verified Lendio reviews from past borrowers.

Click here to go straight to Lendio reviews.

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The Good

  • Easy 15-Minute Application
  • Loan Options from More Than 300 Lenders
  • Variety of Loan Types
  • Helpful Loan Calculators
  • Live Chat
  • Bookkeeping Software Incentive 
  • Lendio Reviews

Easy 15-Minute Application

Many business loan providers require an overly complicated and lengthy application process for customers. Lendio only has one application and it is quick, free, and easy to fill out. Additionally, borrowers can receive funding in as little as 24 hours. 

Loan Options from More Than 300 Lenders

Lendio is committed to helping each business owner identify financing options through the lender that is right for them. As a result, the company offers loan options from more than 300 alternative lenders. Several well-known banks and lending institutions are included in these options:

  • American Express
  • Kabbage
  • OnDeck
  • Authorize.Net
  • Headway Capital
  • Funding Circle
  • Opportunity Fund
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Highlight: Lendio's multi-lender marketplace offers high odds for a good match.  

By having several options to choose from, borrowers can be confident that they will get a good loan and rate for their business. 

Variety of Loan Types

Lendio strives to help company owners find loans that fit both their business and their wallet. Because of this, a variety of financing solutions are available, including business lines of credit, short-term loans, merchant cash advances, business term loans, business credit cards, equipment financing, commercial mortgages, accounts receivable financing, startup loans, business acquisition loans, and SBA loans.

Business Line of Credit

  • Loan amounts from $1,000–$500,000
  • Loan terms from 1–2 years
  • Funding time between 1–2 weeks
  • Interest rates ranging from 8%–24%
  • 6 months or more in business
  • $50,000 or more in annual revenue
  • Credit score of 600 or higher
  • May require collateral
  • Only pay interest rates on the funds you use, not the entire amount borrowed

Short Term Loan

  • Loan amounts from $2,500–$500,000
  • Loan terms from 1–3 years
  • Funding time as soon as one business day
  • Interest rates starting at 8%
  • At least 2 years in business
  • Solid credit score required

Merchant Cash Advance/ACH

  • Loan amounts from $5,000–$2M+
  • Loan terms up to two years
  • Funding time as soon as one business day
  • Interest rates starting at 18%
  • Pay back the loan by paying a percentage of your daily credit card deposits
  • Typically doesn't require collateral or credit pulls
  • 4–6 months of bank statements or receivables

Business Term Loan

  • Loan amounts from $5,000–$2,000,000
  • Loan terms from 1–5 years
  • Funding time as soon as one business day
  • Interest rates starting at 6%
  • Fixed interest rates or a fixed flat fee
  • 15-minute application
  • Funding for just about any business opportunity
  • Credit score, time in business, and collateral required
  • P&L statements or bank statements may be needed to show revenue

Business Credit Card

  • Loan amounts from $1,000–$500,000
  • Loan terms from 1–2 years
  • Funding time between 1–2 weeks
  • Interest rates ranging from 8%–24%
  • Credit score of 680 or higher
  • May require collateral
  • 15-minute application

Equipment Financing

  • Loan amounts from $5,000–$5,000,000+
  • Loan terms from 1–10 years
  • Funding time as soon as one business day
  • Interest rates starting at 7.5%
  • Covers a variety of financing needs, including forklifts, point-of-sale software, office furniture, appliances, delivery vehicles, solar panels, HVAC units, etc.
  • At least 1 year in business
  • $50,000 in annual revenue
  • Credit score of 650 or higher
  • Credit score lower than 650 requires proof of solid cash flow and revenue for the past 3–6 months
  • Equipment you purchase can be used as required collateral
  • 15-minute application

Commercial Mortgages

  • Loan amounts from $250,000–5,000,000+
  • Loan terms from 20–25 years
  • Funding time as soon as 45 days
  • Interest rates ranging from 4.25%–6%
  • Use to purchase or build a business location, expand or remodel your current business location, or refinance a payment term to adjust your interest rate
  • Loan amount based on credit score and property you're using as collateral
  • May need to provide purchase contract, property blueprints, market analysis for property, project budget, scope of work, and assessment of the property's existing condition

Accounts Receivable Financing

  • Loan amounts up to 90 percent of receivables
  • Loan terms up to 1 year
  • Funding time as soon as 3 days
  • Interest rates starting at 5%
  • No collateral required (Factoring is secured by your eligible invoices) 

Business Acquisition Loan

  • Loan amounts from $5,000–$5,000,000
  • Revolving loan terms from 10–25 years
  • Funding time as soon as 30 days
  • Interest rates starting at 5.5%
  • Approval based on credit history, time in business, and revenue
  • Must provide financial performance and financial projections

Small Business Administration (SBA) Loan

  • Loan amounts from $50,000–$5,000,000
  • Loan terms from 10–25 years
  • Funding time between 30–90 days
  • Interest rates based on prime rates, which are rates that commercial banks charge customers with trustworthy credit

Lendio offers a variety of SBA loans. To qualify, you'll need two years of business and personal tax returns, a YTD profit and loss statement, a YTD balance sheet, and a debt schedule. The most common SBA loans that Lendio offers are SBA 7(a) loans, SBA 504 loans, and SBA Express loans. Lendio's website provides the following information about SBA loans and the company's specific requirements:

  • SBA 7(a) Loan — This is a loan used to purchase land, cover construction costs, expand an existing business, refinance current debt, or buy machinery, furniture, supplies, or materials. SBA 7(a) loans of $25,000 or less typically do not require collateral. However, larger loan amounts will likely need collateral to qualify. 
  • SBA 504 Loan — Once awarded an SBA 504, your lender will typically cover 50 percent of your project costs, while your SBA loan covers 40 percent. This means that you will need to provide the other 10 percent at the time of funding. Depending on your circumstances, you may need to cover up to 20 percent. This loan type is mainly used for financing fixed assets, but other costs may be eligible for coverage. Qualified projects include purchasing an existing building, buying a new facility or renovating it, purchasing land or making improvements to it, buying long-term machinery, or refinancing debt you incurred by expanding or renovating your business, facilities, or equipment.

  • SBA Express Loan — This express loan is meant for people who need funds quickly. These loans are typically reviewed within 36 hours, but it may take up to 30 days to receive funding. SBA Express loan amounts can reach up to $350,000. Loans more than $25,000 will likely require collateral. Loan terms can range from 5–25 years.

  • PPP Loan — While the Paycheck Protection Program has ended as of August 8, 2020, Lendio's role in facilitating these loans speaks to its competence in helping consumers obtain SBA loans. During the COVID-19 crisis, Lendio facilitated over $8 billion total for more than 100,000 businesses through the Paycheck Protection Program loan (PPP loan). Many customer reviews describe being initially frustrated by their prospects in obtaining the loan through other lending institutions but finding success through Lendio’s application and loan matching service. 

Helpful Loan Calculators

Because the company works with so many lenders, its loan calculator is both accurate and helpful for company owners. The Lendio website offers different calculators for each type of business loan borrowers might be interested in, including the following: 

  • Automated Clearing House (ACH) Loan Calculator 
  • Business Credit Card Calculator
  • Business Term Calculator 
  • Equipment Loan Calculator 
  • Invoice Factoring Calculator
  • Short-term Loan Calculator
  • Startup Business Loan Calculator 
  • Commercial Mortgage Calculator 
  • Line of Credit Calculator 

Live Chat

Lendio provides live chat software on its website so that its customers can enjoy a convenient, on-demand customer service experience. Through this software, Lendio employees are available to assist borrowers and answer questions about business loans within minutes. 

Bookkeeping Software Incentive 

Lendio incentivizes getting your books in order by providing a bookkeeping software called Sunrise. Prospective borrowers with active Sunrise accounts are two times more likely to receive funding. While it’s not a guarantee of funding, using Sunrise by Lendio can give you a leg up as you prepare to apply for a business loan. 

Sunrise tracks incoming and outgoing money within your organization’s interactions with customers and vendors. It also connects your bank accounts, allows you to create and manage your invoices (set to paid, unpaid, or overdue), and generates visuals that display profit and loss patterns. 

Lendio Reviews

With hundreds of positive reviews, Lendio clearly provides a satisfactory customer experience. Its ratings and reviews are high, highlighting quick funding time, quality customer service, low rates, and high loan amounts. Borrowers can have peace of mind knowing Lendio is a trusted company that outshines many alternative lenders. 

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The Bad

  • Variability of Options
  • Not a Financial Institution 
  • No Face-to-Face Consultation 

Variability of Options

Though having many small business lending options is by no means the worst problem to have for a lending company, it does present one complication in that it makes rate guarantees difficult to make.

Because there are so many alternative lenders, Lendio can’t make promises about rates or fees because it is not setting the terms for the loan offers. Plus, some borrowers may be overwhelmed by the sheer number of options within a network of over 300 lenders. 

Not a Financial Institution 

Prospective borrowers should be aware that Lendio does not directly finance loans. Rather, it is a technology company that facilitates the optimal matching of borrowers to lenders using a proprietary algorithm. 

Therefore, Lendio is not responsible for the interest rate, repayment term, origination fee, loan forgiveness, or any other aspect of the loan product. Those and other details are left to the discretion of the direct lender.  

Keep in mind that each Lendio review may reflect the consumer's experience using Lendio's platform, the quality and service of the loan obtained with one of Lendio's partnered lenders, or both. 

No Face-to-Face Consultation 

Lendio does assign each borrower a dedicated personal funding manager to ask about your needs and walk you through different loan options, just as an online lender or bank representative would do. But these interactions are all virtual; there are no in-person consultations at a brick-and-mortar location, which may deter some borrowers. 

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The Bottom Line

Lendio has earned the respect of small business owners by providing the following:

  • A simple application process so you don't have to waste valuable time being unsure of what to do next. 
  • A personal funding manager to walk you through each step. 
  • Helpful loan calculators to reference throughout the process. 
  • A large number of lenders in its business loan marketplace, improving your chances of finding a lender that will work with you. 

Plus, while this doesn’t impact the service you receive, Lendio is a company that gives back. It donates a percentage of funds to low-income entrepreneurs around the world for every loan facilitated. If you start and complete your borrowing journey with Lendio, you have the satisfaction of knowing your business has helped borrowers in impoverished countries obtain short-term micro-loans. 

The bottom line is that you can submit an application online, and — depending on the loan type and amount — you can receive your funds in as little as one business day. 

Want to hear from consumers who have actually worked with Lendio? You can find Lendio reviews below if you want to see what customers have to say about the lender. The majority of Lendio's ratings and reviews are five-stars, highlighting the company's open communication, quality customer service, simple application and loan process, and competitive rates. 

As a trusted name in business lending with overwhelmingly positive feedback from customers with businesses of their own, we highly recommend that you use Lendio’s marketplace for your working capital and other borrowing needs. 

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Lendio Frequently Asked Questions

What types of business loans can I apply for with Lendio?

Lendio offers a variety of different loan types that include business lines of credit, SBA Loans, Business Term Loans, Equipment Financing, and more.

What are Lendio’s basic business loan requirements?

There are many factors when it comes to approving a business for a loan; however, many business can get approved if they have been in business for one year, have more then $10,000 in monthly revenue, and a credit score of at least 550.

Is Lendio a direct lender?

No, Lendio is not a direct lender. We are an online marketplace that helps connect businesses with the best available loan options.

How many lenders are in Lendio’s network?

We have over 75 lenders in our network.

What is the highest loan amount Lendio provides through its network?

We provide loans for up to $5,000,000 and greater, depending on the product.

How do rates compare to other business loan providers?

Since we have over 75 lenders in our network, we do everything we can to help a business secure a loan at the rates that work best for them and their situation.

Does Lendio charge any fees for using its online lending marketplace?

There is no fee at all to apply through Lendio and see what options your business may qualify for. However, like with any loan, there will be an interest or fix fees but none of that money goes to Lendio.

Will applying with Lendio impact my credit score?

Applying is free and will not impact your credit.

How quickly will Lendio transfer funds once the loan application and approval are complete?

Once the loan application and approval are completed, you can access your capital in as little as 24 hours.

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Lendio

Find the perfect loan for your small business. Compare options, choose your loan, and get funded fast. Our streamlined application process and proprietary algorithm match you with loan options from a nationwide network of esteemed lenders. We’ve helped small business owners like you get over $10 billion in loans.

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Best Company guarantees your satisfaction if you choose a company that has earned this distinction. If you're not satisfied after 30 days, simply let us know and we'll give you $100. Yes, it’s really that simple.

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Star Rating

4.7

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502 Reviews

Review Breakdown

5 grade

81%

4 grade

12%

3 grade

2%

2 grade

1%

1 grade

5%

Sentiment Criteria

Value

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Quality

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Service

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Trustworthiness

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Featured Review

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Gary Kritzman Delray Beach, FL

Awesome!!! They helped me get the 2nd round PPP loan. Now I can continue to employ all my staff full time. Thanks Lendio GREAT JOB

2 weeks ago

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Reply from Lendio

We're so happy to hear that you received the funds! Thank you for your review Gary, we wish you all the best in the future!

Mar. 26th, 2021

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Featured Review

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Larry Little Pompano Beach, FL

Lendio you came through for me and my business again! Thanks for successfully guiding me through every step of my rounds 1 & 2 PPP Loans. There's no way my business would have survived without your help!

2 weeks ago

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Reply from Lendio

We always do everything we can to help our business owners receive the funds they need, we're happy we were able to help you! Thanks for your review Larry!

Mar. 24th, 2021

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Clyde Jones Atlanta, GA

The process for applying was truly streamlined. Lendio kept us updated and informed throughout the entire application submitting process. I would recommend Lendio to any small business.

6 days ago

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Reply from Lendio

Thanks for your 5 star review Clyde! We try to make the funding process as quick and easy as possible!

Apr. 7th, 2021

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derek west Atlanta, GA

Lendio was great in helping me find financing for my business thank you so much!!

1 week ago

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Reply from Lendio

We're happy that we were able to help you receive your funding! Thank you for your 5 star review, Derek!

Apr. 5th, 2021

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Patrick Clemmons McDonough, GA

I feel like I'm being missed led by my lendio rep every day he's either telling me to chang something on my application or to be expecting a contract I feel like he's just telling me what I want to here I was approved for the first round. I have excellent credit all of my documents I do not no what's the hold up. I think I'm being missed led I don't trust my rep knows or care about what he's doing.

1 week ago

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Reply from Lendio

Patrick, we apologize for the experience you've had with Lendio so far. It looks like there are still some things we need to adjust on your application, we will reach out to you asap to get this resolved. We appreciate your patience and understanding!

Apr. 5th, 2021

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Loc Vo Pelham, AL

Lendio doing so great job on my ppp loan it quick I like lendio team

1 week ago

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Reply from Lendio

We appreciate your review, we're glad to hear that you received your funds and the process was quick and easy!

Apr. 2nd, 2021

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JT Tran West Palm Beach, FL

One of the worst, applied for the PPP but i told them i wanted to wait before moving forward because there was going to be an option where you can choose line 7 instead of line 31 in your schedule C. We waited and as soon as it was passed, i called them and they had me send documents and had me choose line 7 and so forth. Then i ended up not getting the line 7 but was offer line 31 and lendio had no idea what happened and said i did everything right and they have no idea what happened, after that they just ignored my phone calls and emails, even when i called corporate, they dont care. They tell you they will let their supervisor know and will contact you soon but they never do. They screwed me over and they ignore you after that, not just the agents but the corporate themselves, they dont care if you’re business and employees are suffering, they make a mistake and they ignore you after that, they dont try to fix it or compensate. Everyone told me to go to this other person and i should of listen but i didnt and went with lendio. So everyone else please listen to me and avoid lendio before you get screwed over like i did. No matter who i talked to they always ask what my business is, which is a nail salon and end up ignoring me, i wonder why.

2 weeks ago

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Reply from Lendio

Hi JT Tran, we apologize for the experience you've had with us so far. We do our best to help every business owner that needs it, with so many reaching out to us daily it's difficult to get to everyone as quickly as they would like. Please reply to us in a private message with your business name/phone number so we can reach out to you and help make things right.

Mar. 29th, 2021

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Dung giap Westminster, CA

First of all I said thanks to our agent that helping me when I need very highly appreciate itIn a time like this when I have a difficult time and struggling an agent from lending help ing me that’s what I like about the Lendio a lot you got to take care of business everything paperwork moving so fast so quick that I never thought of. Once again thank you to all lendio agents. And he asked me what I dislike about lendio. Well in my dictionary I don’t have that work dislike. The only word that I can find in there is appreciation thank you once agains !!!

2 weeks ago

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Reply from Lendio

We appreciate you as well! We do our best to help every business owner receive their funding as quickly as possible, we're happy to see that things were so quick and easy for you. Thank you for your review!

Mar. 29th, 2021

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Agnieszka Gliwa Brooklyn, NY

quick, efficient and very professional service

2 weeks ago

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Reply from Lendio

Hi Agnieszka, We appreciate your review and we're glad we were able to help you receive your PPP funds!

Mar. 24th, 2021

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Sandeep Jaiswal Cranston, RI

Everything went clockwork. Very pleased with the process.

2 weeks ago

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Reply from Lendio

We're so happy to hear that, thanks for your 5 star review!

Mar. 24th, 2021

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Jonathan Lumberton, NJ

On 2/17 my business submitted an application for the 2nd round of PPP. The representative emailed and wrote to make sure everything was up to date. Then two weeks later she calls and ask for 2019 tax information. I had to remind her that my business started in early January 2020. She apologize and updated the invalid date. Then she requested the 2020 941/940's which I had already uploaded to the portal. On March 1, 2021 our application was switch to another representative and he asked for the same information that I have already uploaded to the Lendio portal. Now I am being told my business has already been assigned a loan number but, no one has provided sed loan number and we have check the CAWEB portal still no new loan number. I have called countless of times and now I'm frustrated. All I want to do is be a business owner and provided for my clients as well as family. The reason for the 1 star is because it has been a month and we have not received any update just emails requesting documentation that I have uploaded to the portal. Now I'm stuck because every time I try to apply for another lender I am being denied because it states my business has been assigned a loan number which no one thought to provide to us. Lendio has been a disappointment for a lot of self employed/business owners. Reddit has a lot of angry people stating the same or worse about Lendio.

3 weeks ago

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Reply from Lendio

Hi Jonathan, we apologize for the lack of communication throughout the funding process. If you can provide us with your business info in a private comment here, we'll be able to see your file and further assist you.

Mar. 22nd, 2021

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Dusty Blasko Akron, NY

If I could give a NEGATIVE I would, SBA assigned a loan number to me on January 26th and I have yet to receive any updates. I have been assigned multiple "Account Managers" and none have answered any of my questions. I have been emailing all 3 the last few weeks and still nothing. I can't go to my bank for a new loan because we are almost out of time. I want some sort of answer because at this point they are hurting my business.

1 month ago

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Reply from Lendio

Dusty, please reach out to us using the chat feature on our website. We apologize for the lack of communication, we are trying our best to get to every business owner as quickly as possible.

Mar. 18th, 2021

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Dinora Acevedo Fort Worth, TX

I started this process with the 2nd PPP and it is has been hell with this company. You can not speak to anyone and they do not respond to emails. I appears they did good doing the first PPP but this 2nd round they are lost. I would not recommend this company for any kind of loan. I started this back on 02/19/2021 I have been in the lending status for 2 and half weeks and every week they change funding managers on you I have had 3 doing this time. I have requested to withdraw my application and can not get a response. On there site there is a link that allow you to withdraw your application but it goes no where it ask you to call 855-853-6346 and when you call it tells you that they are too busy to answer the call to try and email someone. So I requested by email and still no answer from anyone. DO NOT WASTE YOU TIME with LENDIO. BAD, BAD, BAD choice.

1 month ago

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Reply from Lendio

Hi Dinora, we apologize for the experience you've had so far and we want to try to make it better. Please reach out to us via the chat feature on our website, and we will do our best to help.

Mar. 18th, 2021

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Steven B ,

The PPP Process started out good and lendio was responsive however it has now been weeks since I've heard back on the status of my PPP loan, I received an SBA loan number and was in final review on Feb 12, but since than have been given three different funding managers all who have not responded to emails or voicemails. One online service tech a week ago said I should receive my final esign documents and a week later still nothing. Its concerning as I continue to see similar reviews posted on the same issue here daily....

1 month ago

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Reply from Lendio

Steven we apologize for the lack of communication by your funding managers. We are doing our best to get back to everyone the best we can. For the quickest way to contact us, please use the chat feature found on our website, www.lendio.com.

Mar. 18th, 2021

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Joshua Williams San Antonio, TX

If I could give a negative number for this company I could. Horrible communication, its up in the air when I can get ahold of someone, it’s been over a month and still haven’t gotten my ppp loan done. I keep getting passed around and everyone keeps making mistakes and all they can do is tell me they are sorry.

1 month ago

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Reply from Lendio

Joshua, we apologize for your experience with Lendio and we want to help make things right. Unfortunately we have multiple different files with you name so we're not sure who to reach out to. The quickest way to contact us is via the chat feature on our website, www.lendio.com. You can also try calling at 855-853-6548.

Feb. 26th, 2021

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Jerry Andover, KS

Worst lender I have ever dealt with. Loan application sat on their desk for over a month. I finally contacted another lender and got things done start to finish in two weeks. Now I get 2 - 3 emails a day from Lenio asking me to complete the process. I have informed them a dozen times I am no longer interested yet they continue to harrass me.

2 months ago

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Reply from Lendio

Hi Jerry, we apologize for your experience with Lendio. We have had thousands of business owners apply and we're trying our best to get to everyone as quickly as possible. If you reach out to us at 855-853-6548 or via the chat feature on our website we can identify your account and get things sorted out.

Feb. 12th, 2021

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Verified Customer

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Brian Quimby

Good service , follow up phone calls, good disclosure of terms, friendly, easy to deal with

4 months ago

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Reply from Lendio

We appreciate your review Brian! We're so happy to hear that we were able to assist you in finding the funding you need!

Nov. 23rd, 2020

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Verified Customer

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Matt

They were the most communicative people I’ve worked with. It was very easy to get things worked out.

5 months ago

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Reply from Lendio

Thanks for your review Matt! We believe communication is key and we're glad we were able to make things so easy!

Nov. 4th, 2020

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Verified Customer

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Anonymous

I went through my credit card processor, Heartland, and they connected us to Lenido. We’ve been happy with it. It was quick so that was appreciated. They answer your questions and take care of anything. We’ve used it twice and the first time it was a much better interest rate.

5 months ago

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Reply from Lendio

We appreciate your review and we're glad we were able to make the process so quick and easy for you!

Nov. 4th, 2020

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Verified Customer

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David

Communication is very good with Lenido. I choose them because they were recommended by the small business association.

5 months ago

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Reply from Lendio

We take pride in how great our communication is with our business owners and we thank you for the 5 star review!

Nov. 4th, 2020

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Dan Sandy, UT

I liked thee customer service they did a great job helping me and my family out

9 months ago

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Reply from Lendio

Hi Dan, we're so happy we were able to help you and your family! Thanks for your review!

Jul. 14th, 2020

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Verified Customer

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MBP Pittsburgh, PA

Ease of use, efficiency and reliability.

9 months ago

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Reply from Lendio

Thank you, MBP! Here at Lendio, we are working with everything we got to make the process as smooth and simple as it can be. Thank you for your review!

Jun. 20th, 2020

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Verified Customer

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Scott Denver, CO

Quick response. Simple process. Good communication.

9 months ago

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Reply from Lendio

Thank you for your review, Scott! We are pleased to hear that you were able to connect with our specialists, as communication is very important to us. We wish you well in your future endeavors.

Jun. 20th, 2020

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Verified Customer

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D.S. Santa Monica, CA

Very quick and easy. Only lender out of 5 who actually came through.

9 months ago

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Reply from Lendio

Hi D.S! Thank you for trusting your business and it’s needs with Lendio at this time. We understand the urgency and are happy we were able to help you get the funding you needed. All the best to you in the future!

Jun. 19th, 2020

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Verified Customer

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Darrell Brooke Monrovia, CA

Fast, efficient, well organized, friendly helpful

9 months ago

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Reply from Lendio

Hello Darrell! Thank you for your positive feedback. Lendio strives to make applying for the PPP as smooth, easy, and stress-free as possible. We’re glad to hear that you found the process effective! Thanks again!

Jun. 19th, 2020

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Verified Customer

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Russell Center Line, MI

They were very helpful in helping me get the PPP loan

9 months ago

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Reply from Lendio

Hi Russell! Thank you so much for your review! We are happy to hear about your positive experience with Lendio! We wish you well in your future endeavors.

Jun. 20th, 2020

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Verified Customer

star star star star star

Data Destruction LLC Golden, CO

They were able to provide prompt service in getting us a PPP loan!

9 months ago

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Reply from Lendio

Thank you for taking the time out of your day to review Lendio! Thank you, for letting us know you are happy with your delightful experience. We wish you well!

Jun. 20th, 2020

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Verified Customer

star star star star star

PPP freelance San Rafael, CA

Quickly and effectively found a lender for my needs (PPP loan).

9 months ago

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Reply from Lendio

Thank you for trusting your business and it’s needs with Lendio at this time. We understand the urgency and are happy we were able to help you get the funding you needed with the right lender. All the best to you in the future!

Jun. 19th, 2020

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Verified Customer

star star star star star

Mangia E. Bevi, Inc. Sausalito, CA

application process was streamlined, response was quick, matched me with the right bank, got the loan quickly

9 months ago

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Reply from Lendio

Thank you for the kind words, Mangia! I'm glad to hear our team was able to keep up to speed throughout the process, and we were able to match you with a quick and effective lending partner! Thanks again!

Jun. 19th, 2020

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Verified Customer

star star star star star

Imperial Movers Inc Dallas, TX

They were quick to get the me money I needed during this Covid-19 difficult time.

9 months ago

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Reply from Lendio

Thank you for the kind words! I'm glad to hear our team was able to keep up to speed throughout the process, and we were able to match you with a quick and effective lending partner and you were able to get the funding needed! We are here for you! Thanks again for your review!

Jun. 20th, 2020

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Verified Customer

star star star star star

Matt Whitehouse, TX

Quick and easy with the right products, service, and follow-up. Professionals

9 months ago

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Reply from Lendio

Thank you for your review, Matt! That is what we are aiming for! Speed, efficiency, and convenience. We have been blessed to be a part of so many approved PPP applications. Once again thank you for your review!

Jun. 20th, 2020

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Verified Customer

star star star star star

Kevin San Jose, CA

We got the loan very quick in a couple of days.

9 months ago

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Reply from Lendio

Hello, Kevin! Thank you for your five-star review! We are thrilled that you were able to get your PPP approval so quickly. We’re so glad you were able to secure funding! That is wonderful news! Thanks again and all the best to you in the future!

Jun. 19th, 2020

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Verified Customer

star star star star star

Dave k Brooklyn, NY

Very efficient process. Used to help get ppp loan which I was able to complete in under 48 hours funded money in the bank

9 months ago

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Reply from Lendio

Thank you for your review, Dave! With our single application, we are able to pair you with one of our SBA approved lending partners. The purpose of this is to make the PPP more accessible and the process smooth and simple. We wish you the best!

Jun. 20th, 2020

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Verified Customer

star star star star star

Diddy Riese Cookie Los Angeles, CA

PPP Loan accesses was immediate after waiting for a large bank for a couple of months.

9 months ago

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Reply from Lendio

When the big banks fail, we're here to make sure you and your business can be taken care of! Thank you for the review, Diddy Riese Cookie!

Jun. 19th, 2020

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Verified Customer

star star star star star

Passport 2 Health Chiropractic Folsom, CA

I applied for PPP with 3 other companies and Lendio was a quick turnaround, within 24 hours

9 months ago

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Reply from Lendio

Thank you for your feedback! It's our pleasure to be of service to our borrowers; glad to hear we were able to provide you quick and effective service! We wish you the best!

Jun. 19th, 2020

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Verified Customer

star star star star star

805 Small Business Owner Ventura, CA

Applied, approved, and funded PPP withing 1 week.

9 months ago

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Reply from Lendio

Hello there! Thank you for your wonderful feedback! We are thrilled to know that the process for filling out the PPP application was easy from beginning to end. That is our goal! Thank you for your review!

Jun. 19th, 2020

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Verified Customer

star star star star star

Neil New York, NY

start to finish received loan in less than 2 weeks

9 months ago

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Reply from Lendio

Hi Neil! Thank you for your 5-star review! We’re so glad you were able to secure funding! That is wonderful news! Here at Lendio, we celebrate each time we hear that a small business has received approval. Thanks again and we wish you well in the future!

Jun. 20th, 2020

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Verified Customer

star star star star star

Very happy small business owner Phoenix, AZ

Very helpful and fairly easy application process that helped us get our PPP loan.

9 months ago

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Reply from Lendio

Thank you! Here at Lendio, we are working with everything we got to make the process as smooth and simple as it can be. Thank you for your review!

Jun. 20th, 2020

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Verified Customer

star star star star star

Espe Turlock, CA

They were very prompt and easy to go online

9 months ago

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Reply from Lendio

Espe, we appreciate your review! We’ve tailored our website to be easy to navigate so you can have a painless experience! Thanks again!

Jun. 19th, 2020

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Verified Customer

star star star star star

Sean Spokane, WA

Professional and timely service. When I applied with Lendio I received confirmation immediately and timely updates on my loan. Highly recommend!

9 months ago

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Reply from Lendio

Hello Sean! We are thrilled to know that you found our efforts to make the whole application process for the PPP smooth, easy, and quick. We are working diligently to make this process as easy as can be. Thank you for your wonderful review!

Jun. 19th, 2020

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Verified Customer

star star star star star

S Johnson Lorton, VA

They processed our PPP loan within 24 hours. Thank you!

9 months ago

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Reply from Lendio

Thank you very much, S Johnson! We always strive for the absolute best experience for those that we serve. Thanks again and we wish you the best!

Jun. 20th, 2020

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Verified Customer

star star star star star

Happy Biz Owner Columbia, MD

When my bank did not process my PPP in a timely manner, Lendio processed my loan within 3 days I had the $ in 5

9 months ago

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Reply from Lendio

Thanks for the 5-stars! Our Lendio representatives know how to do it! We are so happy you were able to secure funding! We wish you and your business the very best!

Jun. 20th, 2020

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Verified Customer

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Bluevine Austin, TX

accurate, fast, good product, and good service

9 months ago

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Reply from Lendio

Hello! Thank you for your positive feedback. Lendio strives to make applying for the PPP as smooth, easy, and stress-free as possible. We’re glad to hear that you found the process effective! Thanks again!

Jun. 20th, 2020

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Verified Customer

star star star star star

TEAMS AFH

Because even when my own financial institute couldn’t assist with my needs Lendio stepped right up

9 months ago

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Reply from Lendio

Thank you for your feedback! It has been a pleasure to assist you, and we look forward to serving you again in the future!

Jun. 20th, 2020

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Verified Customer

star star star star star

Anonymous Lansing, MI

Lendio was very fast and responsive to my needs. They came through quicly when other companies left me hanging. I recommend them and would work with them again.

9 months ago

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Reply from Lendio

Thank you for your wonderful review! We are thrilled to know that your experience was spectacular. Communication is very important to us, we work diligently to keep everyone informed with correct, reliable, and regular updates. Thank you once again for your review!

Jun. 20th, 2020

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Verified Customer

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Happy Borrower Gastonia, NC

Very quick and responsive service. I applied for the PPP loan, and within a week I got mine approved. None of the other lenders were anywhere near helpful, including the local bank that I've been doing business with for more than 16 years.

9 months ago

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Reply from Lendio

Thank you for trusting your business and it’s needs with Lendio at this time. We understand the urgency and are happy we were able to help you get the funding you needed. Thanks again! We wish you well!

Jun. 20th, 2020

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Verified Customer

star star star star star

Amy Richmond Hill, GA

After applying through multiple banks I was already familiar with, I decided to try Lendio as a last resort. They paired me instantly and I was approved within 24 hours by the bank they suggested.

9 months ago

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Reply from Lendio

Thank you for your review Amy! I'm glad to hear our team was able to keep up to speed throughout the process, and we were able to match you with a quick and effective lending partner! All the best to you in the future!!

Jun. 20th, 2020

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Verified Customer

star star star star star

Anonymous Fullerton, CA

They were quick, efficient and willing to help small businesses. Thanks Lendio.

10 months ago

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Reply from Lendio

Thanks so much for the 5 stars! We're glad to be able to serve your business.

Jun. 9th, 2020

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Verified Customer

star star star star star

Cullen Canazares Littleton, CO

The Lendio platform is very easy to use, the technology is clean and we got results.

10 months ago

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Reply from Lendio

Thanks so much for your feedback! Glad we were able to match you with a lender who was able to meet your needs, and great to hear that our Development team was able to deliver a great experience!

Jun. 9th, 2020

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Verified Customer

star star star star star

RMS Laser Group

quality service and fast. Our loan was approved in a few days. Our bank did nothing for us.

10 months ago

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Reply from Lendio

Thanks so much for your feedback! Stories of longtime banking partners abandoning smaller businesses like yours are becoming all too common, but here at Lendio we're glad to ensure that you and all of our smaller merchants are able to get the funding you need!

Jun. 8th, 2020

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