Directory / Lendio

Lendio

Small business lending marketplace with an SBA loan payment calculator.

Tools

Key facts

Website
lendio.com
Founded
2011
Pricing
Free for borrowers; Lendio earns referral fees from lenders
Rating
No reviews yet
Visit Lendio (lendio.com) →

About Lendio

Lendio is a small business lending marketplace with an SBA loan payment calculator. It's useful for buyers who are trying to understand what an acquisition might cost to finance. Instead of doing this manually, it gives an early estimate of loan payments and terms before moving into formal underwriting with a lender.

Key features

Pros & cons

Pros

  • Free to use, no cost to compare multiple lenders
  • Much faster application than traditional bank lending

Cons

  • Lendio itself isn't the lender, so terms vary by partner
  • Approval and rates depend on matched third-party lender

Reviews

No reviews yet. Be the first to share your experience with Lendio.

Leave a review

Frequently Asked Questions About Lendio

What is Lendio?

Lendio is a small business lending marketplace with an SBA loan payment calculator.

Who is Lendio for?

It's useful for buyers who are trying to understand what an acquisition might cost to finance.

What category does Lendio fall under?

Lendio is listed under Tools as a financing and lending resource, aimed at buyers who need a first estimate of acquisition financing.

Alternatives to Lendio

More Tools

See all tools →