Start-Up Costs and Fees |
||
| Lendio | Nectar Mortgages | |
| Investment | 30150 - 117100 | 100000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | to4K/mo. | |
| Advertising Fee | 2% | |
| Year Founded | 2011 | 0 |
| Year Franchised | 2016 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lendio | Nectar Mortgages | |
| 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 | Nectar Mortgages | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lendio | Nectar Mortgages | |
| 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 |
||
| Lendio | Nectar Mortgages | |
| 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 | Australia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lendio | |
| Nectar Mortgages | |
| Franchise Fee | |
| Lendio | |
| Nectar Mortgages | |
| Royalty Fee | |
| Lendio | to4K/mo. |
| Nectar Mortgages | |
| Advertising Fee | |
| Lendio | 2% |
| Nectar Mortgages | |
| Year Founded | |
| Lendio | 2011 |
| Nectar Mortgages | 0 |
| Year Franchised | |
| Lendio | 2016 |
| Nectar Mortgages | 0 |
| Term Of Agreement | |
| Lendio | |
| Nectar Mortgages | |
| Renewal Fee | |
| Lendio | |
| Nectar Mortgages | |
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 |
| Nectar Mortgages | |
Financing Options |
|
| Franchise Fees | |
| Lendio | |
| Nectar Mortgages | |
| Start-up Costs | |
| Lendio | |
| Nectar Mortgages | |
| Equipment | |
| Lendio} | |
| Nectar Mortgages | |
| Inventory | |
| Lendio | |
| Nectar Mortgages | |
| Receivables | |
| Lendio | |
| Nectar Mortgages | |
| Payroll | |
| Lendio | |
| Nectar Mortgages | |
Training & Support |
|
| Training | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Nectar Mortgages | |
| Support | |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Nectar Mortgages | |
| Marketing | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Nectar Mortgages | |
| Operations | |
| Lendio | |
| Nectar Mortgages | |
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 |
| Nectar Mortgages | |
| Canada Expansion | |
| Lendio | |
| Nectar Mortgages | |
| International Expansion | |
| Lendio | |
| Nectar Mortgages | Australia |