Start-Up Costs and Fees |
||
| Lendio | Wirth Business Credit | |
| Investment | 30150 - 117100 | 40500 - 73700 |
| 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 | Wirth Business Credit | |
| 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 | Wirth Business Credit | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lendio | Wirth Business Credit | |
| 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 | Wirth Business Credit | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lendio | |
| Wirth Business Credit | |
| Franchise Fee | |
| Lendio | |
| Wirth Business Credit | |
| Royalty Fee | |
| Lendio | to4K/mo. |
| Wirth Business Credit | |
| Advertising Fee | |
| Lendio | 2% |
| Wirth Business Credit | |
| Year Founded | |
| Lendio | 2011 |
| Wirth Business Credit | 0 |
| Year Franchised | |
| Lendio | 2016 |
| Wirth Business Credit | 0 |
| Term Of Agreement | |
| Lendio | |
| Wirth Business Credit | 10 years |
| Renewal Fee | |
| Lendio | |
| Wirth Business Credit | |
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 |
| Wirth Business Credit | |
Financing Options |
|
| Franchise Fees | |
| Lendio | |
| Wirth Business Credit | |
| Start-up Costs | |
| Lendio | |
| Wirth Business Credit | |
| Equipment | |
| Lendio} | |
| Wirth Business Credit | |
| Inventory | |
| Lendio | |
| Wirth Business Credit | |
| Receivables | |
| Lendio | |
| Wirth Business Credit | |
| Payroll | |
| Lendio | |
| Wirth Business Credit | |
Training & Support |
|
| Training | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Wirth Business Credit | |
| Support | |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Wirth Business Credit | |
| Marketing | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Wirth Business Credit | |
| Operations | |
| Lendio | |
| Wirth Business Credit | |
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 |
| Wirth Business Credit | |
| Canada Expansion | |
| Lendio | |
| Wirth Business Credit | 0 |
| International Expansion | |
| Lendio | |
| Wirth Business Credit | |