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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Albert Perry, Qiworks

March 20th, 2018 San Jose, CA DETAILS arrow_drop_down
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As a small business owner, it can be challenging to get working capital. Lendio had 4 offers for me in 5 minutes, one of them fit my needs perfectly.

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Reply from Lendio

Mar 28, 2018

At Lendio we strive to always provide Options, Speed, and Trust! We are thrilled we were able to work with you and get you the perfect loan!

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Bret Short

March 20th, 2018 Chicago, IL DETAILS arrow_drop_down
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Because they have your best interest at heart

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Reply from Lendio

Mar 28, 2018

Thank you for the review, we are truly glad we had the opportunity to work with you!

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Jason Almond

March 20th, 2018 Hudson, FL DETAILS arrow_drop_down
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Because we started doing business with someone and they just dropped us and never returned calls or text or emails

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sarah bowlin

March 20th, 2018 Winchester, VA DETAILS arrow_drop_down
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great customer service - quick and truly willing to help

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Reply from Lendio

Mar 28, 2018

Thank you Sarah. We are so happy we were able to help you with your business funding needs.

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Broadway Food Shop

March 20th, 2018 East Chicago, IN DETAILS arrow_drop_down
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They helped me in the matter of a few weeks.

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Reply from Lendio

Mar 28, 2018

Thank you for the feedback, we appreciate the 5 stars!

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Premium Painting Inc

March 20th, 2018 Goldsboro, NC DETAILS arrow_drop_down
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They love helping you in any way possible. They are very help and great at there job!

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Reply from Lendio

Mar 28, 2018

Thank you for such an amazing review! We are so happy we were able to work with you and get your business the financing it needed to blossom! We hope to work with you again in the future!

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Pats movin and haulin

March 20th, 2018 Kaukauna, WI DETAILS arrow_drop_down
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They were very helpful with many different options to offer us. They were quick to respond with any questions on our behalf.

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Reply from Lendio

Mar 28, 2018

Thank you for taking the time to write us such an awesome review! We're glad we had the opportunity to work with you!

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Danielle

March 20th, 2018 Fort Worth, TX DETAILS arrow_drop_down
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They where very helpful and fast. They took care of everything all g the way and made the process very easy.

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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, and we are happy to hear we were able to do that for you! Thanks for the 5 stars!

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Emerson Enterprises llc

March 20th, 2018 Park Hill, OK DETAILS arrow_drop_down
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worked very hard, answered all questions thoroughly, even after hours .

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Reply from Lendio

Mar 28, 2018

We understand your business is your baby, and we do our best to make sure you are back to doing what you do best... running your business! Thanks for the awesome review.

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Gordon Jenkins

March 13th, 2018 Chester, VA DETAILS arrow_drop_down
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It was recommended to me and I'm glad I went with them. I had to do very little to get my loan. I just supplied the agent with the information that he needed and he did the rest for me. He did what he said he'd do and found me a loan that worked when I was about ready to give up. Everything went well.

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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. Thank you for the review!

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Michael Lewis

March 13th, 2018 West Grove, PA DETAILS arrow_drop_down
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I had some trouble with the online application but they were very helpful.

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Reply from Lendio

Mar 28, 2018

We are sorry to hear about the application, we try our best to make it as simple and pain free for you as possible. We are glad we were able to assist you in getting a loan for your business!

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L.G.

March 13th, 2018 Boynton Beach, FL DETAILS arrow_drop_down
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I had a really good experience. They made an excellent job and found me a really good rate. They answered the phone all the time, they're really good.

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Reply from Lendio

Mar 28, 2018

We are so pleased to hear that your experience was exceptional! Thank you for the 5 star review!

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Timothy Osgood

March 13th, 2018 DETAILS arrow_drop_down
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It was really easy to do. Basically, I just sent an email to them, someone gave me a call the very next day, and they gave me all the options available. He got me the best option and set me up with a loan that worked for me. I've had no issues with them, they were very helpful.

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Reply from Lendio

Mar 28, 2018

Thanks so much for the review, Timothy! Your success is OUR success, we are pleased we were able to get your business what it needed to blossom.

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Anonymous

March 13th, 2018 Orange, CA DETAILS arrow_drop_down
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I got it mainly because they had a lot of options and provided a lot of flexibility for our business. I'm glad I used them. They are very responsive and have answered all my questions on a timely manner.

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Reply from Lendio

Mar 28, 2018

We are glad we had the opportunity to work with you and get you the business financing you needed to grow your business!

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Vincent Hon

March 13th, 2018 Pasadena, CA DETAILS arrow_drop_down
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My business needed it for funding purposes, obviously, and I'm glad I picked them for that. Their response was always quick, and it was easy to get the loan with them. A lot of the options that they presented to us felt a little bait and switch though.

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Reply from Lendio

Mar 28, 2018

Hi Vincent, thank you for the 4 stars. We apologize if the options we had available for you were not always ideal. We are glad we were able to get you funding and had the chance to work with you.

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Daniel Chapman and Jared Almond

March 12th, 2018 Irving, TX DETAILS arrow_drop_down
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The overall experience looking back was great. The communication was a bit tough going through the process though. Large delays in hearing back from them, and the email addresses were very confusing. I never knew how/who to get in touch with.

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Reply from Lendio

Mar 28, 2018

Thank you for the feedback. We apologize if it was hard or confusing to reach your funding manager, we will be sure to use this feedback in the future. However, we are very happy we had the chance to work with you and your overall experience was great!

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Andrew Henne

March 12th, 2018 El Paso, TX DETAILS arrow_drop_down
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They were very accommodating, answered all our questions and they are very timely.

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Reply from Lendio

Mar 28, 2018

Options, Speed, and Trust is our mantra! We are glad Andrew was able to implement this in the experience he gave you! Thank you for the review.

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Rick-Miami

March 12th, 2018 North Miami Beach, FL DETAILS arrow_drop_down
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Efficient, Superb Customer Service, Very reliable Company

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Reply from Lendio

Mar 28, 2018

Rick, thank you so much for the kind words! We are glad we had the chance to work with you!

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Pam

March 12th, 2018 Youngstown, OH DETAILS arrow_drop_down
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Smooth transaction from beginning to end, got what I wanted in terms of the loan type.

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Reply from Lendio

Mar 28, 2018

Pam, thank you for the great review! We are so thrilled that we were able to work with you and get your business the financing it needed to blossom!

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steve

March 12th, 2018 Ellijay, GA DETAILS arrow_drop_down
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quick and easy; follow ups frequently to keep me informed of where we are in the process

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Reply from Lendio

Mar 28, 2018

Hi Steve, at Lendio we take transparency very seriously, and want to make sure you are up to date every step of the way! Thank you for the review!

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T. Sasso

March 12th, 2018 Davidsonville, MD DETAILS arrow_drop_down
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Above average service, fairly responsive to my inquiries, however the exact funding we were looking for was not available.

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Reply from Lendio

Mar 27, 2018

Thanks for the feedback! We are so glad you were pleased with the service you were provided, but sorry we were not able to secure the amount you were hoping for.

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Patrick

March 12th, 2018 DETAILS arrow_drop_down
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They paired me with the right agency and I got funding within 2 weeks.

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Reply from Lendio

Mar 27, 2018

Patrick, we are thrilled to hear that you were matched with the perfect lender and we were able to get you financed quickly! Thanks for the review!

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Plumbing business owner

March 12th, 2018 Poughkeepsie, NY DETAILS arrow_drop_down
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Friendly,knowledgeable,they pick the right lender for you

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Reply from Lendio

Mar 27, 2018

Our funding managers are trained to know exactly what to look for when matching, we are glad that he did just that, and got you the perfect match for you and your business!

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Shawn R

March 12th, 2018 Irvine, CA DETAILS arrow_drop_down
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My rep listen and was able to secure us a line of credit.

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Reply from Lendio

Mar 27, 2018

Shawn, we are thrilled to hear you had a pleasant experience and we were able to get you what you were looking for!

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Bryan

March 12th, 2018 San Francisco, CA DETAILS arrow_drop_down
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They tried to push a crazy high interest rate loan at me.

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Reply from Lendio

Mar 14, 2018

Bryan, we apologize that your experience with Lendio was less than exceptional. Our goal is to find a lender that provides the best rates available based on the timeline you provide. With that said, the criteria that you provided us to send to each lender determines your eligibility of the loan. Some of those variables include credit score, monthly revenue, and time in business. These factors contribute to determining the amount of funding and cost of each loan. Rest assured, that our Funding Managers are advocates for you. We would be happy to continue to help you find funding and provide you a path to better options. Please contact us at 855-853-6346.

Verified Customer

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Scott, Artistic Alloys

March 12th, 2018 Scottsdale, AZ DETAILS arrow_drop_down
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Great customer service, great product, pleasant staff who are knowledgeable about various programs.

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Reply from Lendio

Mar 27, 2018

Options, Speed, And Trust is what we live by, we are glad that it reflects in the experience that you had! Thank you for sharing!

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Cloutier Sons LLC

March 12th, 2018 West Palm Beach, FL DETAILS arrow_drop_down
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They were very helpful it getting me a loan quickly

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Reply from Lendio

Mar 27, 2018

We know your business is your baby, and we want to get you back to your baby as quickly as possible, and work hard to do so. Thanks for the review!

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Tom

March 12th, 2018 Indianapolis, IN DETAILS arrow_drop_down
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they were a pleasure to work with very professional and helpful and courteous

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Reply from Lendio

Mar 27, 2018

It was a pleasure to work with you! We appreciate the review and hope to work with you again in the future! Thanks.

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Gordon

March 12th, 2018 Saint Charles, MO DETAILS arrow_drop_down
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Great follow up and service, all employees were professional and attentive to the needs of our company

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Reply from Lendio

Mar 27, 2018

Gordon, Our funding managers are absolutely incredible! Thank you for the review, we appreciate you!

Verified Customer

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Tracy Coleman

March 6th, 2018 Chester, VA DETAILS arrow_drop_down
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They were very prompt and professional. They kept me well informed.

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Reply from Lendio

Mar 09, 2018

Thank you, Tracy! We appreciate your feedback!

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Jerome Caudillo

March 6th, 2018 Norfolk, VA DETAILS arrow_drop_down
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I'm glad I picked them, they're friendly and efficient.

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Reply from Lendio

Mar 09, 2018

Jermone, thank you for taking the time to write a review!

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Carlos Hayes

March 6th, 2018 Richmond, TX DETAILS arrow_drop_down
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I was looking online trying to find some help to start a business. They helped me get the line of credit set up and just did a pretty good job.

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Reply from Lendio

Mar 09, 2018

Carlos, thank you for the 5 stars! We are glad to hear that you have enjoyed your experience!

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J.D.

March 6th, 2018 Caldwell, ID DETAILS arrow_drop_down
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I went with them just because it was a convenient thing. I did not like the terms of the loan though.

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Anonymous

March 6th, 2018 Miami, FL DETAILS arrow_drop_down
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They were one of the options available to me at the time and I'm glad I went with them. The process was seamless, there were no issues and all my questions were answered in detail. Their representatives are very knowledgeable and respond quickly too.

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Reply from Lendio

Mar 09, 2018

Thank you for the review! At Lendio we work hard to make sure we find you the best loan options available for you and your business.

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Janet Hogan

March 6th, 2018 Lexington, NC DETAILS arrow_drop_down
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The service was referred to me by someone else and I'm glad I used it. Their customer service people were there from the beginning and I never had any problems getting a hold of them. The process was very easy and it all went well.

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Reply from Lendio

Mar 09, 2018

Janet, we appreciate the review, and we are glad we had the chance to work with you!

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Karl Erik

March 6th, 2018 Orem, UT DETAILS arrow_drop_down
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Getting the loan wasn't complicated at all. I just requested it, they asked me for some information, and things were done quickly. When I called with questions there was always somebody there that knew the answers. It is kind of expensive with the fees and weekly payments but I haven't had any problems with them though. They have been there when I need them.

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Reply from Lendio

Mar 27, 2018

Hi Karl, just so you are aware, Lendio does not charge you any fees, but the lender may. We are sorry if we did not communicate that properly. However, we are so glad we were able to work with you and get you a loan that fit for your and your business!

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James Bolling

March 6th, 2018 Shawnee, OK DETAILS arrow_drop_down
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I went with them since it seemed like a good way to gather a bunch of different choices and options under one solution. Thanks to them it was easy to do that and it ended up being a pretty good deal.

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Reply from Lendio

Mar 27, 2018

Your success is our success! We are ecstatic we were able to help you! Thanks for the review, James.

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Anonymous

March 6th, 2018 Lake Charles, LA DETAILS arrow_drop_down
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They are very efficient and professional. They processed my loan very quickly.

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Reply from Lendio

Mar 27, 2018

Options, Speed, and Trust, are words that we live by! Thank you for the 5 stars!

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Anonymous

March 6th, 2018 DETAILS arrow_drop_down
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I'm glad I went with them. I didn't really receive all the funding that I would've liked, but the process was pretty seamless. I have definitely learned a lot more about business credit going through this process with them. They communicated well and gave me the information that I needed. Everybody was pretty helpful and knowledgeable. My funding analysis person specifically was really great. She made me feel comfortable and I think that's one of the biggest things when you're going through a lending process like this one. I mean, you're really vulnerable when you're trying to borrow money and she was very open and honest with me. I admit the fees were a little high for me. I understand that everybody's got to make their money, but when you're a small business that doesn't really have a lot of money, I'd appreciate them not charging you for opening a credit account. I'd prefer it if there was a set fee as opposed to getting charged every time you get an approval for a credit. I just don't have money like that.

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Reply from Lendio

Mar 27, 2018

Thank you for the great feedback! Just so you know, Lendio never charges any fees to you, but the lender may have, and we apologize if we were not more clear about that. However, we greatly appreciate your business, and we are happy we had the chance to work with you and help you get financing.

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Agatha Johnson

March 6th, 2018 Essex, MD DETAILS arrow_drop_down
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Everything was upfront. The person that I talked to was always available to answer my phone calls and questions. They were very efficient, honest, and wonderful. I appreciated it a whole lot.

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Reply from Lendio

Mar 27, 2018

Agatha, thank you for the 5 stars! We understand that your business is your main priority, so we always want to be honest, and make sure we work hard to get you what you need so you can get your focus back to your business!

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Christopher Eckert

March 6th, 2018 Hoosick Falls, NY DETAILS arrow_drop_down
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They are horrible and the service just sucks.

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Reply from Lendio

Mar 16, 2018

Christopher, we apologize that your experience with Lendio was less than exceptional. We do our best to provide options with speed and trust. It saddens us to hear that the service we provided you did not meet your expectations and would like to speak with you further to determine if we can change your experience to a more appealing one. Rest assured, that our Funding Managers are advocates for you and that we will strive to help you with funding if you qualify, and if not, we will work with you to get you on the path to eligibility. Please contact us at 855-853-6346.

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Richard Hollingsworth

March 6th, 2018 Ramseur, NC DETAILS arrow_drop_down
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It's a very convenient service. They answered all of my questions.

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Reply from Lendio

Mar 27, 2018

Thanks for the feedback, Richard! We appreciate your business!

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Sarah Plumley

March 6th, 2018 Charleston, WV DETAILS arrow_drop_down
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I just found them online and I'm glad I got a loan through them. It was very easy to do and I didn't have to jump through a lot of hoops to get it. The interest rate was a bit high, but since things were done so quickly I didn't mind. They answered my questions very quickly, either through email or fax.

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Reply from Lendio

Mar 27, 2018

Thank you for the 5 stars, Sarah! We are so glad we were able to help you get the financing you needed while providing you with excellent customer service!

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Jeff Musgrove

March 6th, 2018 Elgin, IL DETAILS arrow_drop_down
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I chose for funding purposes since I needed to grow my business. So far it seems pretty good.

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Reply from Lendio

Mar 21, 2018

Thank you for the feedback Jeff! We are so glad we were able to work with you and get you the financing you needed to help your business grow!

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Markus Scholten

March 6th, 2018 Irvine, CA

I didn't get a loan from them since they just couldn't help me.

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Reply from Lendio

Mar 21, 2018

Hi Markus, I show in our records that we were able to get you financing for your business in the beginning of this month. If you have any questions or would like more details on the loan you were provided, please reach out to us. We are eager to help you, in any way that we can.

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Jason Thomas

March 6th, 2018 Ocala, FL DETAILS arrow_drop_down
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They were pretty easy to deal with and pretty professional.

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Reply from Lendio

Mar 21, 2018

Jason, we greatly appreciate your 5 star review!

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Indira Ruiz

March 6th, 2018 Arlington, VA DETAILS arrow_drop_down
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They gave me a lot of good information and were always readily available for me.

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Reply from Lendio

Mar 21, 2018

Our funding managers work their hardest to make sure they provide the best funding options for your business while providing you with white glove service! Thank you for the 5 star.

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Anonymous

March 6th, 2018 Moses Lake, WA DETAILS arrow_drop_down
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Our agent was awesome and helped us through the whole process.

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Reply from Lendio

Mar 21, 2018

We are so happy to hear that you had a great experience! Thanks for the feedback.

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Anonymous

March 6th, 2018 Le Roy, NY DETAILS arrow_drop_down
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I chose them because they could connect me with a loan package that would help me. They found some reasonable terms for it and the agent that reached out listened to my concerns and needs. They really worked with me on that and it was really easy to do. I'm glad I went with them.

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Reply from Lendio

Mar 21, 2018

Thank you for the review! We are thrilled we had the opportunity to work with you and get you the business capital you needed!

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Timothy Dancy

March 6th, 2018 Le Roy, NY DETAILS arrow_drop_down
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I found them on the web and they did a great job. It was easy to deal with them and they answered any question I had.

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Reply from Lendio

Mar 09, 2018

Thanks for the review Timothy!