Start-Up Costs and Fees |
||
| Avalar Real Estate & Mortgage Network | Lendio | |
| Investment | 31000 - 315500 | 30150 - 117100 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | to4K/mo. |
| Advertising Fee | 2% | |
| Year Founded | 1999 | 2011 |
| Year Franchised | 1999 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Avalar Real Estate & Mortgage Network | Lendio | |
| Experience | Industry experience General business experience Marketing skills | - 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 |
||
| Avalar Real Estate & Mortgage Network | Lendio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Avalar Real Estate & Mortgage Network | Lendio | |
| Training | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing | |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | 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 | 10% of all franchisees own more than one unit 100% of current franchisees are owner/operators | |
Expansion Plans |
||
| Avalar Real Estate & Mortgage Network | 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 | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| Franchise Fee | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| Royalty Fee | |
| Avalar Real Estate & Mortgage Network | 5% |
| Lendio | to4K/mo. |
| Advertising Fee | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | 2% |
| Year Founded | |
| Avalar Real Estate & Mortgage Network | 1999 |
| Lendio | 2011 |
| Year Franchised | |
| Avalar Real Estate & Mortgage Network | 1999 |
| Lendio | 2016 |
| Term Of Agreement | |
| Avalar Real Estate & Mortgage Network | 5 years |
| Lendio | |
| Renewal Fee | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
Business Experience Requirements |
|
| Experience | |
| Avalar Real Estate & Mortgage Network | Industry experience General business experience Marketing skills |
| 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 | |
| Avalar Real Estate & Mortgage Network | No |
| Lendio | No |
| Start-up Costs | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| Equipment | |
| Avalar Real Estate & Mortgage Network} | |
| Lendio | |
| Inventory | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| Receivables | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| Payroll | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
Training & Support |
|
| Training | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Support | |
| Avalar Real Estate & Mortgage Network | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Avalar Real Estate & Mortgage Network | 10% of all franchisees own more than one unit 100% of current franchisees are owner/operators |
| Lendio | |
Expansion Plans |
|
| US Expansion | |
| Avalar Real Estate & Mortgage Network | |
| 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 | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |
| International Expansion | |
| Avalar Real Estate & Mortgage Network | |
| Lendio | |