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Lendio

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8.1

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LAST UPDATED: February 9th, 2024

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

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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Star Rating

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4.6

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507 Reviews

Review Breakdown

5 grade

81%

4 grade

11%

3 grade

2%

2 grade

1%

1 grade

5%

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Gia Burt Arlington, Texas

Customer Review Video

2 years ago

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Walter Rowe

About a year and a half ago I had contacted Lendio about a loan. I didn't borrow money on that occasion but they were very helpful. So, when the need came up again, we went to them. They were very helpful this time around as well. They did a lot of the groundwork for me and made things very simple. They were very quick at finding the right lender that met my criteria and needs and even found a better product for my particular situation. There were a couple of delays in the process but they were very informative and helpful throughout it all. They were very attentive and answered all my questions.

6 years ago

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Reply from Lendio

Thank you for the review, Walter! We are so happy to hear that we were able to provide you with information and financing you could use to grow your business!

Mar. 9th, 2018

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Rose Fort Lauderdale, FL

They made it really simple and they called me in policy with the online application and provided me guidance on the phone very quickly and they had my loan funded within a few days. There were so many peopl putting in applications, but they actually took the time to call me back when I made a mistake and walked me right through it. They're very nice. It was a positive experience and a pleasure doing business with them.

4 years ago

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Reply from Lendio

Thank you for your review, Rose! Lendio is paired with multiple lending partners and we are doing everything we can to make the PPP accessible to a wider range of small business owners. We are pleased to hear that the experience, overall, was quick and easy! We wish you the best in your future endeavors.

Jul. 21st, 2020

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Morris San Antonio, TX

I had heard of some of the difficulties that other businesses had in obtaining a PPP loan and the process for us was just seamless. No glitches, everything was pretty straighforward. We got the information they requested and they took care of everything for us and the result was positive. I'd reocmmend Lendio to colleauges if they're in need of a company that would help them to get a loan and help with their business, especially during this time period.

4 years ago

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Reply from Lendio

Thanks so much for your kind words, Morris! Your recommendation means a great deal to us, as does your feedback regarding the end-user experience! We look forward to providing your colleagues the same exemplary service and high-quality experience we were able to give you!!

Jun. 1st, 2020

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Giuseppe Baldi Arlington, TX

We had contacted another company for funding who, after some back and forth, did offer us a deal with less than ideal terms. At the last minute, it fell through and they dropped of the face of the Earth. And boy am I glad it did! That's when I contacted Lendio and they got right to work on this for us, had us approved quickly and with MUCH BETTER terms!

4 years ago

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Reply from Lendio

Giuseppe, what a great testimonial! We appreciate your story and the 5-star review. Thank you for being a part of the Lendio family.

Dec. 20th, 2019

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Mary Coopersburg, PA

They do simplify the process of you know they know exactly what needs to be submitted how it needs to be submitted and they give me time for the right fit of a loans for you so I liked it very much. They're very accessible whether it's for email phone or a text update, they're always ready to answer a question. They helped me to find the right loan and apply for the right loan to help keep the business flowing and helping us survive. They've been a nice fit with excellent customer service.

6 years ago

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Reply from Lendio

Thanks so much for the review, Mary! We’ve helped small business owners like you get $950 million in loans. Which means we must be doing something right.

Sep. 17th, 2018

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Ron Mathers

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

6 years ago

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Reply from Lendio

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!

May. 2nd, 2018

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Karl Erik Orem, UT

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.

6 years ago

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Reply from Lendio

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!

Mar. 27th, 2018

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Anonymous

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.

6 years ago

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Reply from Lendio

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.

Mar. 27th, 2018

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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.

4 years 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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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.

4 years 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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:) Temple, TX

Very responsive. I applied for the PPP loan with a different lender (that I did all my business banking and loans) and was basically ghosted. Lendio turned it around FAST and got me in touch with Blue Vine. Approved within a week.

4 years ago

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Reply from Lendio

Thank you for the five stars! So sad to hear these too-common stories of long-time partners ditching small businesses, but here at Lendio we're glad to have your back! Posted this to another merchant by accident, but I wanted to make sure that we got back with you!

Jun. 9th, 2020

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Anonymous Fremont, CA

It was a very good experience. I actually went t oseveral banks and it was difficult for me to get acccess to PPO or PPP at any bank. I applied at Lendio and the process was amazingly seamless. He called me right away to make sure I got all the application materials in. I really apprciate Mike D, the person to talked to me.

4 years ago

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Reply from Lendio

Thank you for the kind words! It has been our pleasure to serve you throughout the application, and it is wonderful to hear that Mike was able to provide a great experience!

Jun. 1st, 2020

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Roger Englewood, CO

I got to see it for the PPP loans through the small business administration and we got a lot of updates where the other bank I was dealing with gave me none. They became aware of a problem and they got the information out to it and got the problem fixed.

4 years ago

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Reply from Lendio

Thanks so much for your feedback, Roger! Glad to hear we were able to provide you such a good experience.

Jun. 1st, 2020

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John

So far it's been a great experience because of the quick response times and communication after I filled out the forms. I can't believe how easy it was after I was frustrated for four weeks with Bank of America and I had an answer within two days with Lendio.

4 years ago

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Reply from Lendio

Thank you so much for your feedback, John! It's been our pleasure to be of service. Glad we were able to provide you a quick and simple experience.

May. 26th, 2020

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Colton - Gym Owner

We weren't sure about using them at first but we are glad we did. Everything was an easy process from start to finish and they hooked us up with the best possible loan for our situation all while explaining each one of our options.

4 years ago

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Reply from Lendio

Thanks for your 5 star review Colton! We're glad you decided to work with us as well and that you were able to find the funding you need!

Jan. 23rd, 2020

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Uzzy Miami, FL

I am glad I did it because of their knowledge and professionalism. The process was painless and fat and I got the funds when I needed them. The fees are a little steep but other than that I am actually paying less and faster which makes up for the cost.

4 years ago

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Reply from Lendio

Thanks for your 5 star review Uzzy! We always make sure the process is as quick and painless as possible!

Jan. 21st, 2020

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Debbie Corsicana, TX

This has been the BEST business decision ever! They have been so easy to work with . I was apprehensive at first but they calmed my fears, walked me through the process and have been available after the loan was funded. I look forward to continuing business with Lendio.

5 years ago

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Reply from Lendio

Hi Debbie! We're so happy that we were able to make things so easy for you! We look forward to continuing business with you as well and we can't wait to hear about all the success you're having! Thanks for the 5 star review!

Oct. 16th, 2019

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5 Malibu, CA

Their application process and response time was very good. I'm happy with them. It's very straight forward. The customer service was understanding to any questions that I might about. There weren't any surprises. Lendio was very transparent to what the structure of the cost would be and the timing and then kept those commitments.

5 years ago

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Sandra Houston, TX

The gentleman we worked with was very professional and very thorough. He did the job that we needed. He exceeded what we were asking. We dealt with one guy and he was very honest with everything he was doing. They were still able to work with us after we gave them the supporting documentation they needed.

5 years ago

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Reply from Lendio

Hi Sandra, so great to hear your Lendio funding manager was able to exceed your expectations he sure is awesome at what he does! We are excited to see whats up next for you and the growth of your business.

Jan. 23rd, 2019

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Cordell Jacksonville, FL

My representative actually worked pretty straight forward on how the process worked and made it less of a headache. They were pretty efficient. They give you the best options to take when it comes to getting funding for your business and if there is any retrospective and reflection on your personal credit and your business credit. So they utilize the best alternatives based on the background of your company and also your personal background as well.

5 years ago

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Reply from Lendio

Lendio offers every merchant a life long relationship which means security for you and the health of your business! We are so happy to be a part of the growth of your business, please let us know if there is anything we can do to propel your experience.

Jan. 23rd, 2019

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Anonymous Smyrna, GA

The customer support was very responsive and answered your questions quickly making it move real fast. They would answer questions and when you call, you have a direct number to a person and not go through a series of menus. They were very professional. They're so responsive.

5 years ago

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Reply from Lendio

Your dedicated personal funding manager will ask about your needs, walk you through different loan options, and help you choose the perfect small business loan. We are ecstatic to hear your funding manager provided you with a great experience. Please keep us in the loop while your business progresses!

Jan. 23rd, 2019

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Wanda Ellenwood, GA

I chose Lendio because they were very personable and they made me think like they were on my team. The process was very easy, it was quick and not a hassle. They have good customer service. Any questions that I had were answered. Anything that I needed, maybe they didn't know, but they found out and let me know right away.

5 years ago

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Reply from Lendio

We do our best to go as quickly or as slow as you need us to always keeping in mind what is most important to you and the growth of your business! Thank you for the great 5 star review!

Jan. 23rd, 2019

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Anonymous Staten Island, NY

It was a tough situation at firt, but then they grabbed the reins and make eveything with the loan happened very quickly. Lendio's reps were very acessible. I was able to reach them at any time and they were able to get back to me. Over, they are very persistent as far as making sure everything gets done properly.

6 years ago

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Reply from Lendio

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 glad we were able to work with you and find you capital that was suitable for your business!

Oct. 31st, 2018

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S Olympia, WA

We actually used Lendio twice. The first time, the gentleman that I had was terrific- he did everything he could for us. We worked with a Justin and Jason. Justin was so fantastic Jason was okay, he didn't really want to go out of his way.

6 years ago

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Reply from Lendio

We appreciate your feedback and continual use of Lendios services. The only way we improve is through valuable feedback that merchants provide us, like yours. We will definitely work to ensure your ongoing experience with Lendio is improved

Oct. 31st, 2018

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Manuel Passaic, NJ

They are very professional and what I needed they did it. It was a quick job, very fast with no complications. They handled it properly. I will use Lendio for any moment that I need any business relationship on any work that I have to do in my business.

6 years ago

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Reply from Lendio

Manuel,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 appreciate your business!

Sep. 17th, 2018

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Romondo Fowler Newnan, GA

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.

6 years ago

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Reply from Lendio

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!

Jul. 17th, 2018

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star star star star star

Matthew Foster Turlock, CA

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.

6 years ago

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Reply from Lendio

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.

Jul. 17th, 2018

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star star star star star

Michael Edwards Norfolk, VA

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.

6 years ago

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Reply from Lendio

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!

Jul. 16th, 2018

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star star star star star

Nature's Produce LLC

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.

6 years ago

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Reply from Lendio

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!

May. 2nd, 2018

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star star star star star

Maria Gilley

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.

6 years ago

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Reply from Lendio

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!

May. 2nd, 2018

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Anonymous

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.

6 years ago

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Reply from Lendio

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

Apr. 30th, 2018

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star star star star star

Alva Stuart

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.

6 years ago

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Reply from Lendio

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

Apr. 30th, 2018

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star star star star star

Gordon Jenkins Chester, VA

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.

6 years ago

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Reply from Lendio

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!

Mar. 28th, 2018

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star star star star star

Timothy Osgood

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.

6 years ago

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Reply from Lendio

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.

Mar. 28th, 2018

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star star star star star

Anonymous Miami, FL

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.

6 years ago

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Reply from Lendio

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.

Mar. 9th, 2018

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star star star star star

Janet Hogan Lexington, NC

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.

6 years ago

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Reply from Lendio

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

Mar. 9th, 2018

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star star star star star

Sarah Plumley Charleston, WV

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.

6 years ago

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Reply from Lendio

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!

Mar. 27th, 2018

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star star star star star

Anonymous Le Roy, NY

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.

6 years ago

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Reply from Lendio

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

Mar. 21st, 2018

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star star star star star

M.F. Devon, PA

I looked them up on the web and since it looked like they could help me out I chose them. They were very thorough and quick to respond when they signed me up for it. The person that was assigned to me walked me through everything and it was all very quick and easy.

6 years ago

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Reply from Lendio

Thanks for the review! At Lendio we work hard to always provide you with the best options, speed, and trust!

Mar. 9th, 2018

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star star star star star

Cedric Palm Baton Rouge, LA

I got it since they could help me with my finances at the time. The whole process was very clear and easy to deal with. We were able to get everything we needed very easily. Their follow up was also very good and when I asked questions they responded as soon as possible.

6 years ago

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star star star star star

Larry Little Pompano Beach, FL

Lendio came through for 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!

3 years ago Edited September 14, 2021

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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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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.

4 years 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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star star star star star

David Durham, NC

Fast effective service,. Applied for PPP with them and was approved within 24 hours. It took Wells Fargo, with whom I bank, 3 weeks to process the loan. Thanks to Paychex for recommending Lendio as an option.

4 years ago

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Reply from Lendio

Thank you for the kind words, David! Glad to hear that you had a great experience after being referred, and we hope that you'll pass along the good word!

Jun. 2nd, 2020

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star star star star star

John Erie, PA

It was very easy. I had qustions and I contacted by email and received a phone call shortly thereafter and they took care of everything. Answered all of my questions and the process was very smooth.

4 years ago

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Reply from Lendio

Thank you for your feedback, John! It has been our pleasure to serve you throughout the process - glad to hear we were able to provide you knowledgeable and kind service!

Jun. 1st, 2020

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star star star star star

Teonna Lawrenceville, GA

I didn't have any issues. The email that I sent was responded to in a reasonable amount of time. It was a really easy process and they sent at least weekly updates to let me know what the status was.

4 years ago

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Reply from Lendio

Thank you so much for your feedback, Teonna! It has been our pleasure to serve you. Glad to hear that we were able to provide a good experience and quick communication!

Jun. 1st, 2020

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Barry Louisville, KY

You all contact us quickly and came through with what was needed very quick. You were all very kind. We're just tahnkful that you are willing to help us and so many other people in need.

4 years ago

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Reply from Lendio

Thank you so much for your kind words, and for your feedback Barry! We strive to create a kind and welcoming environment for our team and our borrowers alike. Great to hear we were able to provide you that experience!

Jun. 1st, 2020

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star star star star star

Vincent Camarillo, CA

Everything went so smoothly and so quickly. It was unbelievable compared to my application with Bank of America, which was weeks behind before they even took a review of it. Prompt service.

4 years ago

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Reply from Lendio

Thank you for your feedback, Vincent! We’re glad to hear that you value our teams’ efforts to keep you informed! We wish you the best!

Jul. 10th, 2020

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star star star star star

Cecilia

It was easier applying to them. The process is simple to do. The minute I upload all the information we needed and got the loan. Somoene from the office was very helpful and tried to reach out to me. He was very nice.

4 years ago

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Reply from Lendio

Thank you for the feedback, Cecilia! Glad to hear we have been able to provide quick and effective service!

May. 26th, 2020

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star star star star star

Anonymous

They are easy to go online and apply. The loan wasn't hard. Very professional. It was answered quickly and also purposefully and they explained everything in detail to my satisfaction.

4 years ago

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Reply from Lendio

Thank you for the kind words! It's been our pleasure to be of service.

May. 26th, 2020