Lendio vs Platinum Preferred Financial Group Franchise Comparison

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

Start-Up Costs and Fees

  Lendio Platinum Preferred Financial Group
Investment 30150 - 117100 19990 - 19990
Franchise Fee
Royalty Fee to4K/mo.
Advertising Fee 2%
Year Founded 2011 2017
Year Franchised 2016 2017
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Lendio Platinum Preferred Financial Group
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 Platinum Preferred Financial Group
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Lendio Platinum Preferred Financial Group
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 Platinum Preferred Financial Group
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
Platinum Preferred Financial Group
Franchise Fee
Lendio
Platinum Preferred Financial Group
Royalty Fee
Lendio to4K/mo.
Platinum Preferred Financial Group
Advertising Fee
Lendio 2%
Platinum Preferred Financial Group
Year Founded
Lendio 2011
Platinum Preferred Financial Group 2017
Year Franchised
Lendio 2016
Platinum Preferred Financial Group 2017
Term Of Agreement
Lendio
Platinum Preferred Financial Group
Renewal Fee
Lendio
Platinum Preferred Financial Group


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
Platinum Preferred Financial Group

Financing Options

 
Franchise Fees
Lendio
Platinum Preferred Financial Group
Start-up Costs
Lendio
Platinum Preferred Financial Group
Equipment
Lendio}
Platinum Preferred Financial Group
Inventory
Lendio
Platinum Preferred Financial Group
Receivables
Lendio
Platinum Preferred Financial Group
Payroll
Lendio
Platinum Preferred Financial Group

Training & Support

Training
Lendio On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Platinum Preferred Financial Group
Support
Lendio Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Platinum Preferred Financial Group
Marketing
Lendio Ad Templates National Media Social media SEO Website development Email marketing
Platinum Preferred Financial Group
Operations
Lendio
Platinum Preferred Financial Group

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
Platinum Preferred Financial Group 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
Platinum Preferred Financial Group
International Expansion
Lendio
Platinum Preferred Financial Group