Motto Mortgage vs Lendio Franchise Comparison

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

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


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

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

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


Business Experience Requirements
Experience
Motto Mortgage
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

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

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

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