Curious if Lendio is real? Get the facts now! Make an educated choice. You have the right to know what you are getting into before you apply for a loan. We’ll tell you all about Lendio, so you can make the right decision for you.
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Quick facts: Is Lendio Legit
- ✅ Lendio is the nation’s largest small business loan marketplace and has funded over $3.5 billion in loans since 2011. (Lendio)
- ✅ Lendio is the #1 rated small business loan marketplace with an A+ Better Business Bureau rating. (Better Business Bureau)
- ✅ According to a survey conducted by Lendio in 2018, 97% of their customers were satisfied with their loan experience. (Lendio)
- ✅ Lendio has helped over 100,000 small businesses secure financing since 2011. (Lendio)
- ✅ Lendio has a network of over 75 lenders that offer financing options for different business needs. (Lendio)
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Introduction
Welcome to Lendio! We’ve been providing small businesses with access to capital for over 10 years. We have 750+ lenders, from banks and credit unions to fintech and alternative lenders. Our mission is to help entrepreneurs fuel their dreams.
We make financing simpler, faster, and more transparent. Startups and established businesses can count on us to find the right loan quickly and easily. Our financial advisors are here to help. Let’s get started!
What is Lendio?
Lendio is an online small business loan provider that helps give businesses the capital they need to thrive. Founded in 2011, it has become one of the leading online lenders. Their mission is to make it easy for businesses to get the right financing without lengthy applications. Just fill out one form and get multiple offers from leading financial institutions in minutes.
Plus, Lendio offers free resources such as financial calculators, guides, and credit score checking tools. With Lendio, businesses can quickly obtain the funds they need to start or expand.
Lendio Services
Lendio provides financing solutions for small businesses. Over 75 of the nation’s top lenders are supported. It is simple to compare rates, terms, and qualifications online. By filling out a short application, business owners can access multiple offers from various lenders fast.
The company has been in operation since 2011 and are known for outstanding customer service. The Better Business Bureau (BBB) has accredited them with an A+ rating, which means they have passed an independent review. Additionally, there are hundreds of positive ratings online, such as on Trustpilot, proving that Lendio is a legitimate service provider.
Is Lendio Legit?
Is Lendio Legit? Everyone’s asking this million-dollar question. It’s easy to see why, with many lenders and loan types claiming to be the best online.
Yes, Lendio is 100% legitimate. It offers funding for small businesses. It has an A+ Better Business Bureau rating, so you can trust it. Lendio connects you with the right lender for your small business needs. Since 2011, it’s helped 800,000+ small businesses. It offers access to over 75 lending partners. All applicants have access to fair, competitive rates, no matter their credit score.
In short, Lendio is legit!
Alternatives to Lendio
If you’re seeking other options than Lendio, there are a few around. OnDeck is a favored online small business loan service. It offers up to $500,000 with adaptable terms and speedy approval. Plus, OnDeck provides a live success coach to assist you during loan application and repayment.
Alternatives to Lendio include Funding Circle, Kabbage, BlueVine, and so on. Each lending service has its own qualifications for approval (i.e., credit score). So, research each one before deciding. Knowing what you’re getting into is vital before paying for services or signing a contract – especially if it’s related to financing your business!
Conclusion
Lendio is a great choice for small businesses seeking funding. It’s America’s biggest online loan marketplace. Applying for financing is simple and can be done from home. Plus, the review services are free!
Lendio is great for those new to the business loan process. Also, its commitment to ethical lending practices guarantees borrowers no hidden fees or surprises. All in all, Lendio is an outstanding option for anyone needing small business funding fast.
FAQs about: Is Lendio Legit
Q: Is Lendio a legitimate company?
A: Yes, Lendio is a legitimate company. Lendio is America’s #1 small business loan marketplace, helping over 200,000 small business owners secure more than $2 billion in funding since its founding in 2011.
Q: Does Lendio have good customer service?
A: Yes, Lendio has excellent customer service. Their team is available to answer questions and provide guidance every step of the way during the loan application process.
Q: How long does it take to get a loan through Lendio?
A: The process of securing a loan through Lendio typically takes about 2 weeks from start to finish. However, the exact timeline depends on the type of loan and the lender’s own processes.