About the Company
Lendio is a leading online marketplace that connects small business owners with a wide network of lenders to secure funding quickly and easily. The company was founded in 2011 and has since facilitated over $10 billion in loan approvals for small businesses across various industries.
Overview of Products and Services
- Small Business Loans
- Business Lines of Credit
- SBA Loans
- Business Equipment Financing
- Commercial Real Estate Loans
- Merchant Cash Advances
Key Features and Benefits
- Streamlined Application Process: Lendio’s platform allows business owners to fill out one application and receive offers from multiple lenders, saving time and effort.
- Wide Network of Lenders: Lendio partners with over 75 lenders, providing businesses with a variety of loan options to choose from.
- Funding Options for All Credit Types: Lendio works with lenders who offer loans to businesses with varying credit scores, making funding accessible to a wide range of entrepreneurs.
- Personalized Loan Matching: Lendio’s technology matches businesses with lenders based on their unique financial needs and qualifications.
- Dedicated Loan Specialists: Business owners can work with Lendio’s loan specialists to navigate the loan process and find the best financing solution for their business.
Pricing and Value
- Lendio does not charge small business owners any fees for using their platform to find and secure funding.
- The cost of the loan or financing obtained through Lendio will vary depending on the lender chosen and the specific terms of the loan agreement.
- By connecting businesses with multiple lenders, Lendio helps them compare offers and choose the most competitive financing option, ultimately saving them money in the long run.
Unique Selling Propositions
- One-Stop Loan Shopping: Lendio offers businesses a diverse range of loan options from multiple lenders, allowing them to compare rates and terms in one place.
- Access to Funding for All Business Types: Lendio caters to businesses of all sizes and industries, providing funding solutions for startups, established companies, and everything in between.
- Personalized Service: Lendio’s loan specialists work closely with business owners to understand their unique needs and goals, ensuring they find a financing solution that aligns with their business objectives.
Lendio
