RankingRight
ElectronicsKids Learning AppsLaptopsMattressesOnline CoursesOnline TherapyPet InsuranceTax SoftwareTravel InsuranceVPN ServicesVideo Editing SoftwareAntivirus SoftwareBusiness LoansCell Phone PlansDog FoodHearing AidsHome & kitchenHospitalsLanguage Learning AppsNoise-Cancelling HeadphonesNursing HomesParental Control AppsPhoto Editing SoftwarePillowsSoftware & AppsWeb HostingBaby MonitorsDomain RegistrarsEducationHealth & WellnessHomework Help & Study ToolsMeal Kit DeliveryPassword ManagersPayrollStock Photo & Creative Asset SitesTV Streaming ServiceseSIM Data PlansAI Writing ToolsCRMElectric ToothbrushesFamily & KidsIdentity Theft ProtectionJob Search SitesPortable MonitorsRobot VacuumsSTEM Kits for KidsAir PurifiersBackground Check SitesCloud StorageMoney & FinanceOnline Tutoring ServicesSmartwatchesStrollersTravel & eSIMWebsite BuildersAccounting SoftwareCar SeatsDating AppsHome Security CamerasPersonal Trainer CertificationsWi-Fi Routers & Mesh SystemsEmail Marketing SoftwareKids' BackpacksMoving CompaniesKids' TabletsProject Management SoftwareCoffee MakersLLC Formation ServicesEmployee Monitoring SoftwareHome Security SystemsBusiness Phone SystemsHome WarrantySSL CertificatesStanding DesksAir FryersSEO ToolsPOS Systems How We Rank How We Make Money Search
Home / Money & Finance / Business Loans / Lendio
8.3 Tested Aug 21, 2026 by Team RankingRight

Lendio (Marketplace) review 2026

One application sent to 75+ lenders — the fastest way to see what the market will actually offer you without filling in eight forms

Lendio Lendio
Brand mark used to identify the product; the trademark remains its owner's.
PriceFrom $0 · checked Sep 11, 2026
Typical APRVaries, 6–60%+
Minimum credit score560

Is the Lendio Worth It?

Best way to compare offers. As a way to find out what you can actually get, Lendio saves days of work. Take the offers it produces and compare them on APR yourself; the marketplace will not do that for you.

Lendio Pros & Cons

Pros
  • One form, one soft credit pull, offers from a panel of 75+ lenders
  • Covers term loans, lines of credit, equipment finance and SBA
  • Free to the borrower — lenders pay the commission
  • A funding manager walks you through the offers
Cons
  • It is a broker, so the commission is priced into the loan somewhere
  • Expect follow-up calls and emails from multiple lenders
  • No rates published; you cannot compare before applying

Lendio at a Glance

8.3 Editor Score
True cost of borrowingThe APR, not the factor rate or the "fee" — we converted every offer to an annual rate on the same $100,000 over 24 months, and counted origination, draw and prepayment charges.
19/30
Who can qualifyMinimum credit score, time in business and revenue, and whether a personal guarantee or lien is required.
24/25
Speed & processApplication length, documents required, time to decision and time to funds in our tests of the public process.
15/15
Terms & flexibilityAmounts, term lengths, repayment frequency, and whether paying early saves you money.
13/15
TransparencyWhether rates and fees are published before an application, and how clearly the total repayment is shown.
12/15
Reader ratingNo reader ratings yet — not part of the score
–

Rubric v1: True cost of borrowing 30 · Who can qualify 25 · Speed & process 15 · Terms & flexibility 15 · Transparency 15. Score = Σ ÷ 10, locked Sep 11, 2026. How we rank.

Where to buy — prices checked Sep 11, 2026

Lendio — $0

Best priceVisit Site

Lendio specifications

Typical APR rangeVaries by lender, 6%–60%+
Amounts$1,000–$5,000,000
Minimum credit score560
Minimum annual revenue50000 USD
Minimum time in business6 months
Time to funds24 hours to weeks, by lender
SBA lenderYes, SBA loans available through the panel
Publishes ratesNo — depends on the lender matched
Personal guaranteeVaries by lender

Why it scored 8.3

As a way to find out what you can actually get, Lendio saves days of work. Take the offers it produces and compare them on APR yourself; the marketplace will not do that for you.

Where it loses

No published rates; broker model.

Still the right pick for

Owners who do not know where they stand.

What owners say

No reader ratings yet. This block fills in from real submissions only — we never write, buy or generate reader reviews, and none of them touch the editor score.

Changelog: Sep 11 — rank 3 → 4 · all changes

Lendio8.3 · $0
Visit Site