Lendio vs Smartline Personal Mortgage Adviser Franchise Comparison

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

Start-Up Costs and Fees

  Lendio Smartline Personal Mortgage Adviser
Investment 30150 - 117100 20000 - 30000
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 Smartline Personal Mortgage Adviser
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 Smartline Personal Mortgage Adviser
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Lendio Smartline Personal Mortgage Adviser
Training On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing Smartline provide the training for you to learn our systems, our software and how to write loans. Our Business Development Managers will then work closely with you in establishing your business through 12 weeks of one on one business coaching. You will also participate in our accredited 24 month mentoring program. Each of these will activities are designed to develop best practice techniques and increase your abilities in writing loans and generating revenue.
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 Smartline have created a suite of marketing tools designed to help you build your customer base, find quality referral partners and, communicate effectively with your clients on a regular basis. Our marketing department are also there to assist you in creating your own local marketing initiatives as well.
Operations Our model is that every franchisee needs to be fully committed to their franchise business, just as we are fully committed to their business as well. Many of our mortgage brokers have started from a home office very successfully. As your business grows you can then consider moving into a serviced office or retail premises and taking on staff to cater for the growing needs of your business.

Expansion Plans

  Lendio Smartline Personal Mortgage Adviser
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
Lendio
Smartline Personal Mortgage Adviser
Franchise Fee
Lendio
Smartline Personal Mortgage Adviser
Royalty Fee
Lendio to4K/mo.
Smartline Personal Mortgage Adviser
Advertising Fee
Lendio 2%
Smartline Personal Mortgage Adviser
Year Founded
Lendio 2011
Smartline Personal Mortgage Adviser 0
Year Franchised
Lendio 2016
Smartline Personal Mortgage Adviser 0
Term Of Agreement
Lendio
Smartline Personal Mortgage Adviser
Renewal Fee
Lendio
Smartline Personal Mortgage Adviser


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
Smartline Personal Mortgage Adviser

Financing Options

 
Franchise Fees
Lendio
Smartline Personal Mortgage Adviser
Start-up Costs
Lendio
Smartline Personal Mortgage Adviser
Equipment
Lendio}
Smartline Personal Mortgage Adviser
Inventory
Lendio
Smartline Personal Mortgage Adviser
Receivables
Lendio
Smartline Personal Mortgage Adviser
Payroll
Lendio
Smartline Personal Mortgage Adviser

Training & Support

Training
Lendio On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Smartline Personal Mortgage Adviser Smartline provide the training for you to learn our systems, our software and how to write loans. Our Business Development Managers will then work closely with you in establishing your business through 12 weeks of one on one business coaching. You will also participate in our accredited 24 month mentoring program. Each of these will activities are designed to develop best practice techniques and increase your abilities in writing loans and generating revenue.
Support
Lendio Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Smartline Personal Mortgage Adviser
Marketing
Lendio Ad Templates National Media Social media SEO Website development Email marketing
Smartline Personal Mortgage Adviser Smartline have created a suite of marketing tools designed to help you build your customer base, find quality referral partners and, communicate effectively with your clients on a regular basis. Our marketing department are also there to assist you in creating your own local marketing initiatives as well.
Operations
Lendio
Smartline Personal Mortgage Adviser Our model is that every franchisee needs to be fully committed to their franchise business, just as we are fully committed to their business as well. Many of our mortgage brokers have started from a home office very successfully. As your business grows you can then consider moving into a serviced office or retail premises and taking on staff to cater for the growing needs of your business.

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
Smartline Personal Mortgage Adviser
Canada Expansion
Lendio
Smartline Personal Mortgage Adviser
International Expansion
Lendio
Smartline Personal Mortgage Adviser