Lendio
Lendio offers small business financing solutions through a single online application, providing access to multiple funding options from over 75 nationwide lenders. The company has funded over $15 billion in SMB funding and offers personalized support and a variety of loan products tailored to different industries.
Services
Lendio offers small business financing solutions through a single, online application. Applicants can access multiple funding solutions from 75+ nationwide lenders. Loan options include accounts receivable financing, business acquisition loans, business term loans, equipment financing, and small business loans. Lendio provides personalized support through dedicated funding managers and offers funding in as little as 24 hours after approval. The services are streamlined through a seamless online application process, which takes about 15 minutes to complete.
Loan Products
Lendio provides a wide range of loan products to meet the diverse needs of businesses. Offerings include business lines of credit, short-term loans, cash advances, SBA loans, startup business loans, and commercial mortgages. Specialized loans are available for various industries, including restaurants, laundromats, medical practices, and more. Specific loans for women-owned and minority-owned businesses are also offered. Additionally, Lendio provides embedded lending and intelligent lending solutions to streamline the financing process.
Industry-Specific Loans
Lendio provides industry-specific loans tailored to meet unique business requirements. Industries served include construction, healthcare, restaurants, retail, trucking, and many more. Specialized loan options are available for sectors like childcare, auto repair, beauty salons, gyms, agriculture, pharmacies, and much more. This ensures that businesses receive funding solutions that are suitable for their specific operational needs.
Resources and Tools
Lendio offers a variety of resources to aid small business owners. These include blogs, small business guides, and reviews. Tools like business loan calculators and comprehensive guides on business operations, bookkeeping, accounting, cash flow management, and tax preparation are also available. Specialized calculators for different loan types, such as ACH loans, business credit cards, and commercial mortgages, help users estimate monthly payments and total repayment amounts.
Lendio Gives
Lendio Gives is a program that donates a percentage of funds to low-income entrepreneurs around the world through Kiva. This initiative aims to support and empower entrepreneurs in underserved communities by providing them with the necessary financial resources to start and grow their businesses.