Lendio Franchise

Business loans

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Lendio makes business loans easy by helping small business owners skip the leg work of looking for a small business loan. Instead of filling out dozens of applications, one application is all they need.As a Lendio Franchisee you will be able to help small business owners find the loan they need to grow their business by leveraging Lendio s business loan marketplace. By helping your clients complete a single application, they will be reviewed by over 75 lenders, taking the headache of loan applications out of the equation!What Makes theLendio Franchise DifferentDisruptive Market Proprietary Strategic Technology Partnerships Low Investment PerfectlyPositioned Massive DemandVeteran Incentives 10% off franchise fee #272 in Franchise 500 for 2020.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Lendio, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Lendio website.

How much does it cost to open a Lendio Franchise ?

The investment required to open a Lendio Franchise is between $30,150 - $117,100 . There is an initial franchise fee of $28,000 -$46,000 which grants you the license to run a business under the Lendio name.

Individual Franchise Costs

  • Initial Investment:
    $30,150 -
  • Initial Franchise Fee:
    $28,000 - $46,000
  • Royalty Fee:
    to4K/mo.
  • Advertising Fee:
    2%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A Yes
Payroll N/A Yes

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

Lendio Growth History

When did the first Lendio open? 2011
When did Lendio start Franchising ? 2016

- 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

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



How much does a Lendio Franchise owner make?

How much money you could make as a Lendio Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Lendio Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$28,000 - $117,100
Initial Franchise Fee
$28,000 - $46,000
Royalty Fee
to4K/mo.
Advertising Fee
2%
Lendio Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Lendio and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Lendio franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.