Start-Up Costs and Fees |
||
| American Lenders Service Company | Lendio | |
| Investment | 50000 - 513000 | 30150 - 117100 |
| Franchise Fee | ||
| Royalty Fee | to4K/mo. | |
| Advertising Fee | 2% | |
| Year Founded | 0 | 2011 |
| Year Franchised | 0 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| American Lenders Service Company | Lendio | |
| Experience | - Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital | |
Financing Options |
||
| American Lenders Service Company | Lendio | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| American Lenders Service Company | Lendio | |
| Training | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | |
| Operations | ||
Expansion Plans |
||
| American Lenders Service Company | Lendio | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| American Lenders Service Company | |
| Lendio | |
| Franchise Fee | |
| American Lenders Service Company | |
| Lendio | |
| Royalty Fee | |
| American Lenders Service Company | |
| Lendio | to4K/mo. |
| Advertising Fee | |
| American Lenders Service Company | |
| Lendio | 2% |
| Year Founded | |
| American Lenders Service Company | 0 |
| Lendio | 2011 |
| Year Franchised | |
| American Lenders Service Company | 0 |
| Lendio | 2016 |
| Term Of Agreement | |
| American Lenders Service Company | |
| Lendio | |
| Renewal Fee | |
| American Lenders Service Company | |
| Lendio | |
Business Experience Requirements |
|
| Experience | |
| American Lenders Service Company | |
| Lendio | - Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital |
Financing Options |
|
| Franchise Fees | |
| American Lenders Service Company | |
| Lendio | |
| Start-up Costs | |
| American Lenders Service Company | |
| Lendio | |
| Equipment | |
| American Lenders Service Company} | |
| Lendio | |
| Inventory | |
| American Lenders Service Company | |
| Lendio | |
| Receivables | |
| American Lenders Service Company | |
| Lendio | |
| Payroll | |
| American Lenders Service Company | |
| Lendio | |
Training & Support |
|
| Training | |
| American Lenders Service Company | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Support | |
| American Lenders Service Company | |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| American Lenders Service Company | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| American Lenders Service Company | |
| Lendio | |
Expansion Plans |
|
| US Expansion | |
| American Lenders Service Company | |
| Lendio | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| American Lenders Service Company | |
| Lendio | |
| International Expansion | |
| American Lenders Service Company | |
| Lendio | |