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 view verified Lendio reviews from past borrowers.

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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

By having several options to choose from, borrowers can be confident that they will get a good 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 
  • 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, or any other aspect of the loan itself. 

Keep in mind that each Lendio review may reflect the consumer’s experience using Lendio’s marketplace, 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. 

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. 

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.

User Reviews

Star Rating

4.7
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486 Reviews

Review Breakdown

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Romondo Fowler

July 11th, 2018 Newnan, GA DETAILS arrow_drop_down
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This company does a good job evaluating customer information to find the right loan for them. They were very prompt with their responses to the questions I asked and answers were explained clearly. I had an overall great experience.

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Reply from Lendio

Jul 17, 2018

Well, we’re the nation’s largest small business loan marketplace. That’s right, we offer more loan options than anyone else. And because we’re committed to quality even more than quantity. We are glad we had the opportunity to work with you, Romondo!

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Matthew Foster

July 11th, 2018 Turlock, CA DETAILS arrow_drop_down
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They were really easy to work with while getting my start-up business a loan that worked for my specific situation. They were nothing but friendly and I knew every step of the way what we were doing. I was really happy from beginning to end with the experience. They knocked it out of the park for me.

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Reply from Lendio

Jul 17, 2018

Honesty is the best policy, just like grandma used to say. We are so happy to hear that you had an exceptional experience! Thank you for letting us work with you. Please keep us in the loop over the next few months as your business continues to blossom.

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Eduardo Gonzalez

July 11th, 2018 Campbell, CA DETAILS arrow_drop_down
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They really helped me out and getting the loan was pretty quick. The customer service people were really responsive.

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Reply from Lendio

Jul 17, 2018

Options, Speed, and Trust is our mantra. We are glad to hear you had an exceptional experience!

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Jerri Strother

July 11th, 2018 Gilbert, SC DETAILS arrow_drop_down
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They were easy to work with and great customer service. The guy was very informative and kept me in touch with everything going on. It was a very easy process.

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Reply from Lendio

Jul 17, 2018

Think of us as the Amazon Prime of small business loans. You shop, then we deliver. Thank you for the review Jerri! Keep us posted on how your business grows over the next few months!

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Nadege Fevry

July 11th, 2018 Hyattsville, MD DETAILS arrow_drop_down
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The process was efficient and the customer service courteous and available.

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Reply from Lendio

Jul 17, 2018

Thank you for the 5 star review Nadege!

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Serenity Harris

July 11th, 2018 Cedar Park, TX DETAILS arrow_drop_down
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The customer service communication was most effective. I'm glad I got a loan here because of the versatility and simplicity of their loans.

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Reply from Lendio

Jul 17, 2018

Think of us as the Amazon Prime of small business loans. You shop, then we deliver. Thank you for the review Serenity!

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D.W.

July 11th, 2018 Merkel, TX DETAILS arrow_drop_down
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Getting a loan was simple. They were there the whole time. Every time I call them I get a response.

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Reply from Lendio

Jul 17, 2018

Communication is key! Thank you for the 5 star review!

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Keith English

July 11th, 2018 Chester, WV DETAILS arrow_drop_down
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I chose them because they met my needs. Their support was excellent and they handled every question that was brought to them.

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Reply from Lendio

Jul 17, 2018

We take your business needs just as seriously as you do! We are happy to have had the opportunity to work with you and get you the financing you needed! Thanks for the review, Keith.

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Michael Edwards

July 11th, 2018 Norfolk, VA DETAILS arrow_drop_down
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Lendio was there there when we needed them and we are happy with the result. They were pleasant on the phone and sounded trustworthy. I was also glad that they called me back when they said they would and did what they said they were going to do.

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Reply from Lendio

Jul 16, 2018

Thanks for the awesome review, Michael! Options, Speed, and Trust are words that we live by! We are glad to hear that your funding manager provided that for you. We appreciate your business!

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Michael Blair

July 11th, 2018 Washington, OK DETAILS arrow_drop_down
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The process for obtaining a loan was very easy and I'm glad I did.

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Reply from Lendio

Jul 16, 2018

Thank you for the 5 star review, Michael. We are glad we had the chance to work with you!

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GIG

June 13th, 2018 Oklahoma City, OK DETAILS arrow_drop_down
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Andrew was professional, helpful, and prompt with his assistance and communication throughout the process.

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Reply from Lendio

Jun 13, 2018

Options, Speed, and Trust are words we live by here at Lendio! We are glad to hear that Andrew was a rockstar, and helped you get the financing you needed to make your business blossom!

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Joe

June 13th, 2018 Brooklyn, NY DETAILS arrow_drop_down
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They were very easy to work with and they found a way to qualify me for a loan even with my bad credit.

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Reply from Lendio

Jun 13, 2018

Joe, we are so happy to hear that you had an exceptional experience! Thanks for giving us the opportunity to work with you! Please keep us in the loop while your business grows!

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Tom

June 8th, 2018 Pleasant Grove, UT

Lendio provides a great service for a group of borrowers that don't have access to a loan in another way. They provide great service and have an easy loan process for approval and funding.

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Reply from Lendio

Jun 08, 2018

Thank you for the 4 star review! We are so happy we were able to help you get the funding you needed for your business. Thank you for letting us work with you!

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Julie V

May 14th, 2018 DETAILS arrow_drop_down
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They were responsive and thorough and worked hard to match me to a loan.

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Reply from Lendio

May 15, 2018

We believe in: Growth. Results. Winning. Our customers’ business is critical to them. So it’s critical to us. We are excited to watch your business grow! Thank you for the 5 stars!

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Steve

May 14th, 2018 DETAILS arrow_drop_down
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Primarily due to my account sales person Tyler. He was patient and allowed me time to decide without being pushy.

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Reply from Lendio

May 15, 2018

We hustle, we iterate, and we have fun. We enjoy working together and we enjoy working with our customers. We are so glad to hear you enjoyed working with Tyler! Thank you for the review.

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WMegs

May 14th, 2018 DETAILS arrow_drop_down
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Fast results. Excellent communication. Got the funds to expand our business

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Reply from Lendio

May 15, 2018

We believe in the business owners of America. The visionaries. The dreamers and doers. We’re for those who roll up their sleeves to build something by their own industry, sweat and sheer determination. We can't wait to watch your business blossom!

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Green Machine LLC

May 8th, 2018 DETAILS arrow_drop_down
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Fastest response and stayed in contact daily until complete

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Reply from Lendio

May 08, 2018

We believe in: Growth. Results. Winning. Our customers’ business is critical to them. So it’s critical to us. We are thrilled we were able to get you the financing you needed to grow your business! Thank you for the review.

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Curtis Ward

April 30th, 2018 DETAILS arrow_drop_down
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Very professional, efficient and thorough.

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Reply from Lendio

May 02, 2018

Hi Curtis, thank you for the review! We greatly appreciate your feedback!

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Nature's Produce LLC

April 30th, 2018 DETAILS arrow_drop_down
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I've only been in business 8 months and talked to several lenders. Many lenders said No, due to lenght of time in business and others had extremely high interest rates and 6 month terms. Lendio was the only company to find me a 12 month financing term with reasonable rates.

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Reply from Lendio

May 02, 2018

Lenders make offers and we help you choose the best one based on your budget, goals, and unique needs. Which means you don’t just walk away with any ol’ loan - you walk away with the perfect loan for your business. Thanks for letting us work with you!

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Alex

April 30th, 2018 DETAILS arrow_drop_down
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Very easy process and what seems like a good rate.

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Reply from Lendio

May 02, 2018

Hi Alex! We understand you don't have the time to shop around for a loan, which is why our funding managers do all of the work for you. We are glad to hear you have enjoyed your experience working with us!

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Zoltan Seres

April 23rd, 2018 DETAILS arrow_drop_down
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Custom service was great - they called me always on time and they answered my questions and they were very helpful. It was really good to work with the system. It was a really quick process and they helped me a lot.

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Reply from Lendio

May 02, 2018

We match you with loan options from our network of 75+ lenders. Because why would you visit every bank in town trying to find the best loan option when our proprietary algorithm can do it for you? Technology - ain’t it grand? We are glad you enjoyed your experience, and we appreciate your review!

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William Shrader

April 23rd, 2018 DETAILS arrow_drop_down
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Getting a loan was very easy. No complications with the record information. Their support is great. Jimmy provided me information when he got information so I think it was very good.

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Reply from Lendio

Apr 30, 2018

We understand your business is your baby, we work quickly to find you options, so you can get back to doing what you do best! Thank you for the 5 stars.

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Anonymous

April 23rd, 2018 DETAILS arrow_drop_down
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Justin was pleasant to work with and he, he just made the whole process pretty easy. I liked the customer service - the fact that they were in constant contact and they weren't pushy.

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Reply from Lendio

May 02, 2018

Thank you for the feedback! Justin is awesome, we are glad you think so too!

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Ron Mathers

April 23rd, 2018 DETAILS arrow_drop_down
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I chose them because we're not in the market now for a traditional line of credit, but we needed cash flow now so we did some research and I decided to go with them. I think that they got the job and they did it quickly. They were going off of an old credit because we had applied last year. And they were going off that credit report at first but then when I brought it to their attention they corrected us immediately and we were qualified immediately. My interactions with my loan officer and his supervisor were very good

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Reply from Lendio

May 02, 2018

Ron, thank you so much for the amazing review! We are incredibly happy to hear that you had a great experience working with us, and we are glad we had the opportunity to work with you!

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Ryan Dooley

April 23rd, 2018 DETAILS arrow_drop_down
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I'm very satisfied with Lendio and I ended up choosing them because they has been the first people to call me back. The man I dealt with was very thorough and answered all the questions that I had.

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Reply from Lendio

May 02, 2018

Hi Ryan, thank you for five stars! We believe transparency and communication are very important! We are glad you gave us the opportunity to work with you!

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Cesar Mancia

April 23rd, 2018 DETAILS arrow_drop_down
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They fixed really quick all my concerns and they got me approved really quick too. I'm so happy to I chose them because they're really easy to work with. They are really the nice people and really professional too.

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Reply from Lendio

May 02, 2018

Cesar, thank you for the awesome review! Our funding managers work hard to make sure they find you the best options while providing you with white glove service. We are glad to hear this was your experience!

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Noordin Allaudin

April 23rd, 2018 DETAILS arrow_drop_down
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it was easy to fill out the application and all the process that they wanted me to follow. It's just better if you just do it online and not too much paper work though. It was a good experience and I will do it again if I need it.

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Reply from Lendio

Apr 30, 2018

Noordin, we are thrilled to hear you enjoyed your experience. We look forward to working with you in the future for any additional financing needs!

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Michelle Navarro

April 23rd, 2018 DETAILS arrow_drop_down
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John S was very accessible and he answered all the questions. The online application was clear.

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Reply from Lendio

Apr 30, 2018

John is amazing! We are glad to hear he provided an exceptional experience for you!

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Marwan Elgizawy

April 23rd, 2018 DETAILS arrow_drop_down
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Lendio is simple and easy. Everything went really smooth and there was no problems at all.

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Reply from Lendio

Apr 30, 2018

Marwan, thanks for the review!

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Maria Gilley

April 23rd, 2018 DETAILS arrow_drop_down
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They did all the work and made it simple. I almost backed out because I really didn't understand the process but John explained it to me and kept me in the loop and it worked out very well and it really helped my business. John was always in contact with me and gave me all the possibilities of everything he came up with.

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Reply from Lendio

May 02, 2018

We know you don’t have time to dilly dally when it comes to capital, which is why we do all the shopping for you, so you can continue to grow your business! John is incredible, we are glad you enjoyed working with him! Thanks for the 5 stars!

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Ilia Kikozashvili

April 23rd, 2018 DETAILS arrow_drop_down
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Our transaction was successful and one of the quickest. My experience was really pleasant. I got good attention from the people I discussed my needs with.

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Reply from Lendio

Apr 30, 2018

Illia, thank you for the awesome feedback. Your success is our success, we are thrilled to hear you enjoyed your experience.

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Anonymous

April 23rd, 2018 DETAILS arrow_drop_down
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I needed somebody to help us start our business and Lendio was able to help us out when conventional banks were not. Our own situation was a little bit complex so we had to navigate what makes sense for us and so there were some back and forth. I would recommended them for small business owners that don't have two years of history and are starting up. Lendio can find a solution to that group of of small businesses that want to grow and find find some financial help. It's great that they they're out there to help us out.

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Reply from Lendio

Apr 30, 2018

Thank you for the awesome review! We appreciate your feedback.

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Dana

April 23rd, 2018 DETAILS arrow_drop_down
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My business is particularly hard to get lending for. Although they didn't give me a lot of choices they did give me one ,so I was surprised at that. The guy that I worked with was awesome so I was very glad I chose them. Brian stayed in touch with me the whole way and he was super helpful. I felt lucky to find them.

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Reply from Lendio

Apr 30, 2018

Brian is awesome! We appreciate your business, and look forward to working with you again in the future!

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Clinton Withrow

April 23rd, 2018 DETAILS arrow_drop_down
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They seem to have the best of all the products I was looking for. Working with them was straightforward and easy and people seem to care about what they were doing. I'm glad I chose it.

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Reply from Lendio

Apr 30, 2018

Our funding managers are specially trained, and work their hardest to find you the best options, as quickly as possible! Thank you for the 5 stars!

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Alva Stuart

April 23rd, 2018 DETAILS arrow_drop_down
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Mike was very accessible. Anytime I called he would answer or shoot me back or text or email. I ended up choosing Lendio because they were willing to help me in my situation and yes I am glad that I chose them because everything was very easy.

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Reply from Lendio

Apr 30, 2018

Mike is a rockstar! We are thrilled to hear that he provided you with an excellent experience!

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Anonymous

April 23rd, 2018 DETAILS arrow_drop_down
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It was an easy process. The customer support is outstanding.

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Reply from Lendio

Apr 30, 2018

Thank you for the kind words! We hope to work with you again in the future!

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Anonymous

April 23rd, 2018 DETAILS arrow_drop_down
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I chose Lendio because basically the personnel dealing with me. I like working with them and that's the reason why I choose Lendio. Everything was done in a timely manner

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Reply from Lendio

Apr 30, 2018

Thank you for the 5 star review! We're glad we had the opportunity to work with you!

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Michael Peterson

April 23rd, 2018 DETAILS arrow_drop_down
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I liked the speed of funding. Also, they were very responsive.

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Reply from Lendio

Apr 30, 2018

Michael, thanks for the review! Our funding managers work hard to make sure they provide you with the best options as quickly as possible.

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Anonymous

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They were very helpful and very responsive. I'm glad I went with them.

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Reply from Lendio

Apr 30, 2018

Thank you for the 5 star review, we are glad we got to work with you !

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Dave Drexler

March 26th, 2018 Arapahoe, NC DETAILS arrow_drop_down
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great loan product to fit my needs at a great rate

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Reply from Lendio

Mar 27, 2018

Dave, thanks for the great review! We are so happy we were able to secure a great rate for you!

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John Strickland

March 26th, 2018 Delano, MN DETAILS arrow_drop_down
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Easy process. Everything was done with a few phone calls and a couple of emails.

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Reply from Lendio

Mar 27, 2018

Thank you for the review, John is incredibly, we are glad to see he worked hard to get you what you needed!

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Lori

March 26th, 2018 Providence, UT DETAILS arrow_drop_down
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They kept good communication, but I was lead to believe I was being given a better interest rate. I think you need to be more upfront with people.

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Reply from Lendio

Mar 28, 2018

Hi Lori, thank you for the feedback! We apologize if we were not as clear as we should have been, lenders determine the rates, and it is hard to say what the rates will be until we have the full offer. However, we are glad we had the opportunity to work with you, and get you the financing you needed to grow your business.

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Ken Holder

March 26th, 2018 Shepherdsville, KY DETAILS arrow_drop_down
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Excellent customer service , efficient and quick responses,

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Reply from Lendio

Apr 02, 2018

At Lendio we strive to be sure we always provide you with the best options on a silver platter with white glove service! Thank you for the 5 star review, Ken!

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Outstanding

March 26th, 2018 Paoli, PA DETAILS arrow_drop_down
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Zack S is very competent and helpful, he has been very responsible and a credit to your company he deserves a raise.

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Reply from Lendio

Mar 28, 2018

Thank you for the awesome feedback! We agree, Zach is incredible and we are lucky to have him on our team!

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Never again

March 26th, 2018 Austin, TX DETAILS arrow_drop_down
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would work with me when I got behind on payments

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Reply from Lendio

Mar 27, 2018

We apologize that your experience was less than exceptional and are concerned about the interaction you had with our company. We would be happy to review your account if you can provide us your name and information. Otherwise you can reach us at (855) 853-6346 and ask for the Customer Experience Manager. We take pride in ensuring that we do everything possible to provide options, speed and trust. If we are unable to assist a merchant, we partner with them to get on the path for funding. Thank you.

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Whatever Lendio is horrible

March 26th, 2018 Charlotte, NC DETAILS arrow_drop_down
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Give clients the run around, horrible follow up, horrible follow through

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Reply from Lendio

Mar 27, 2018

We are sorry that your experience was less than amazing and would be happy to discuss further your experience. Would you please provide us your name so that we can research your account or contact us at (855) 853-6346 and request for the Customer Experience Manager. Thanks,

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Mr Rambo with Rambo Trucking

March 26th, 2018 Lee's Summit, MO DETAILS arrow_drop_down
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They are very personable. They understand your business needs and shop the best companies that will give you the best service.

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Reply from Lendio

Mar 28, 2018

We know you don’t have time to dilly dally when it comes to capital, which is why we work with lenders that can get you funded fast. We are pleased we had the chance to work with you!

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Teajai

March 26th, 2018 Gwynn Oak, MD DETAILS arrow_drop_down
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There were are able to assist helping me get a loan

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Reply from Lendio

Mar 28, 2018

Thank you for the 4 stars!

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Heather T

March 26th, 2018 Knoxville, TN DETAILS arrow_drop_down
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Amazing customer service, and up front about my options.

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Reply from Lendio

Mar 28, 2018

Heather, thanks for the review! We are ecstatic to hear your experience was nothing less than exceptional.

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John Seitz

March 21st, 2018 Brooklyn, NY

This was my first foray into a less traditional business loan and Lendio made it all very simple and straightforward. I looked for financing in several different ways and Lendio found us the best loan and the best timeframe. I can strongly recommend working with Lendio.

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Reply from Lendio

Mar 28, 2018

John, thank you for the feedback and the recommendation. We are so happy we had the chance to work with you and find the perfect loan for you and your business.