Start-Up Costs and Fees |
||
| Blue Collar Financial Group | Lendio | |
| Investment | 110000 - 110000 | 30150 - 117100 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | to4K/mo. |
| Advertising Fee | 2% | |
| Year Founded | 1995 | 2011 |
| Year Franchised | 2005 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blue Collar Financial Group | 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 |
||
| Blue Collar Financial Group | Lendio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blue Collar Financial Group | 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 |
||
| Blue Collar Financial Group | 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 | |
| Blue Collar Financial Group | |
| Lendio | |
| Franchise Fee | |
| Blue Collar Financial Group | |
| Lendio | |
| Royalty Fee | |
| Blue Collar Financial Group | Varies |
| Lendio | to4K/mo. |
| Advertising Fee | |
| Blue Collar Financial Group | |
| Lendio | 2% |
| Year Founded | |
| Blue Collar Financial Group | 1995 |
| Lendio | 2011 |
| Year Franchised | |
| Blue Collar Financial Group | 2005 |
| Lendio | 2016 |
| Term Of Agreement | |
| Blue Collar Financial Group | |
| Lendio | |
| Renewal Fee | |
| Blue Collar Financial Group | |
| Lendio | |
Business Experience Requirements |
|
| Experience | |
| Blue Collar Financial Group | |
| 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 | |
| Blue Collar Financial Group | No |
| Lendio | No |
| Start-up Costs | |
| Blue Collar Financial Group | |
| Lendio | |
| Equipment | |
| Blue Collar Financial Group} | |
| Lendio | |
| Inventory | |
| Blue Collar Financial Group | |
| Lendio | |
| Receivables | |
| Blue Collar Financial Group | |
| Lendio | |
| Payroll | |
| Blue Collar Financial Group | |
| Lendio | |
Training & Support |
|
| Training | |
| Blue Collar Financial Group | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Support | |
| Blue Collar Financial Group | |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Blue Collar Financial Group | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Blue Collar Financial Group | |
| Lendio | |
Expansion Plans |
|
| US Expansion | |
| Blue Collar Financial Group | |
| 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 | |
| Blue Collar Financial Group | |
| Lendio | |
| International Expansion | |
| Blue Collar Financial Group | |
| Lendio | |