Lendio vs Motto Mortgage Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lendio vs Motto Mortgage including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Lendio Motto Mortgage
Investment 30150 - 117100 52800 - 73800
Franchise Fee
Royalty Fee to4K/mo. $4.5K/mo.
Advertising Fee 2% $300/mo.
Year Founded 2011 2016
Year Franchised 2016 2016
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Lendio Motto Mortgage
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
  Lendio Motto Mortgage
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Lendio Motto Mortgage
Training On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing On-The-Job Training: Varies Classroom Training: 20 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Purchasing Co-ops 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations

Expansion Plans
  Lendio Motto Mortgage
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 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
Lendio
Motto Mortgage
Franchise Fee
Lendio
Motto Mortgage
Royalty Fee
Lendio to4K/mo.
Motto Mortgage $4.5K/mo.
Advertising Fee
Lendio 2%
Motto Mortgage $300/mo.
Year Founded
Lendio 2011
Motto Mortgage 2016
Year Franchised
Lendio 2016
Motto Mortgage 2016
Term Of Agreement
Lendio
Motto Mortgage
Renewal Fee
Lendio
Motto Mortgage


Business Experience Requirements
Experience
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
Motto Mortgage

Financing Options
 
Franchise Fees
Lendio
Motto Mortgage
Start-up Costs
Lendio
Motto Mortgage
Equipment
Lendio}
Motto Mortgage
Inventory
Lendio
Motto Mortgage
Receivables
Lendio
Motto Mortgage
Payroll
Lendio
Motto Mortgage

Training & Support
Training
Lendio On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Motto Mortgage On-The-Job Training: Varies Classroom Training: 20 hours
Support
Lendio Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Motto Mortgage Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Lendio Ad Templates National Media Social media SEO Website development Email marketing
Motto Mortgage Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations
Lendio
Motto Mortgage

Expansion Plans
US Expansion
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
Motto Mortgage 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
Lendio
Motto Mortgage
International Expansion
Lendio
Motto Mortgage