Lendio
FeaturedFreemiumBusiness loan marketplace connecting borrowers with 75+ lenders in minutes
🏛️SBA LoansAbout Lendio
Lendio is the largest online marketplace for small business loans, allowing entrepreneurs to submit a single application and receive offers from a network of over 75 lenders — including term loans, SBA loans, lines of credit, merchant cash advances, and equipment financing. Rather than being a direct lender, Lendio acts as a matchmaker that helps businesses find the best loan product and lender for their specific situation. With over $10 billion in funding facilitated since founding, Lendio is a trusted first stop for businesses exploring financing options.
What's Great
- ✓Single application surfaces offers from 75+ lenders
- ✓Covers nearly every loan type including SBA, term, LOC, and MCA
- ✓Free to use — Lendio earns from lenders, not borrowers
- ✓Dedicated funding managers guide borrowers through options
- ✓Ideal for businesses with limited credit history seeking any available option
Watch Out For
- !Not a direct lender — approval depends on third-party lenders
- !Some lenders in the network charge higher rates for lower credit profiles
- !Data shared with multiple lenders in the network
- !Best offers reserved for businesses with strong financials
Common Use Cases
First-time business borrower unsure which loan type or lender to choose
Small business comparing multiple loan offers to find the best rate
Business owner exploring SBA loan options alongside conventional financing
Pricing Model
Freemium
Free plan available. Paid plans unlock advanced features and higher limits.
Category
SBA Loans
Government-backed Small Business Administration loans offering low rates and long repayment terms.
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