
Lendio
Small-business financing- 2022 Franchise 500 Rank
-
#143 Ranked #392 last year
- Initial investment
-
$63K - $117K
- Units as of 2021
-
94 123.8% over 3 years
Company Overview
About Lendio
- Industry
- Financial Services
- Related Categories
- Business Financial Services
- Founded
- 2011
- Parent Company
- Lendio Inc.
- Leadership
- Brock Blake, CEO
More from Lendio
"Lendio: The Revolutionary Franchise for Small Business Lending"
Lendio makes business loans easy. All it takes is 15 minutes to fill out our small business loan application. It’s online, easy to use, and provides access to real offers from a marketplace of lenders. That means no more shopping around at banks or mountains of tedious paperwork.
As a Lendio franchisee, you’ll help business owners find the loans they need to grow their business—combining our high-tech assets with your personal, high-touch expertise. By leveraging Lendio’s business loan marketplace, you’ll help local clients complete a single application to be reviewed by over 75+ premium lenders, which takes the headache out of the entire process.

Join the Lendio Family
What You Need:
- Desire to build a local business
- Commitment to helping local small business access capital
- A strong connection to your local business community—including members of your Chamber of Commerce and the like
- Experience in business development, sales, and relationship management
- A portfolio of local business clients
- $55–$65K in liquid capital
What You Get:
- Technology: Access to the Lendio marketplace and our industry-leading, proprietary CRM tool
- Lender Relationships: Partnerships with premium lenders like American Express, PayPal, Chase, Bank of America, and more
- Marketing and Brand Value: Brand equity, awareness, and essential assets like professional microsites, press releases, search engine optimization, communication templates, and more
- Training and Continued Support: In-person 5-day training courses, partnership development, sales coaching, loan processor support, weekly training and calls, as well as additional support with marketing, operations, and other key facets of your franchise.

Franchising Overview
- Franchising Since
- 2016 (6 years)
- # of employees at HQ
- 550
- Where seeking
-
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 94 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Lendio franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $46,000
- Initial Investment
- $63,150 - $117,100
- Cash Requirement
- $55,000 - $65,000
- Veteran Incentives
- 10% off franchise fee
- Ad Royalty Fee
- 2%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Lendio has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 40 hours
- Additional Training
- Ongoing
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Request more information from
Lendio

Thank you! You will be hearing from us shortly.
Franchise 500 Ranking History
Compare where Lendio landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Lendio ranked on other franchise lists? Find out below.
Ranked #143 in 2022
Franchise 500 Ranking
Ranked #128 in 2022
Fastest-Growing Franchises
Ranked #111 in 2022
Fastest-Growing Franchises (U.S. & Canada)
Ranked #17 in 2022
Top Franchises for Less Than $100,000
Ranked #1 in Business Financial Services in 2021
Best of the Best
Ranked #1 in 2022
#1 in Business Financial Services Category
Ranked #32 in 2022
Homebased Ranking
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