Lendio Reviews

I applied to Lendio and to my bank. My bank was responsive (answered email questions) and got my application to the SBA and Lendio never did. The website that my application was under review when I submitted all information requested. No return phone calls, and only robotic email responses - no humans were ever available. Their reputation for easy and quick process did not apply.

Lendio don’t provide any clear answers about my ppp. I’m going to withdraw my app and Anthony ** wouldn’t answer no emails and now he is not my lending manager. Matter fact I don’t have one and I can’t get through, pls don’t use this company.

This is the second round of PPP loans and there is nothing different than the first time. First let me state that I am a small business owner of a remodeling company and have no accounting experience whatsoever. With that being said I obviously need a little help when they start asking for government required documents and never get helpful responses from either Ready Capital or Lendio. It’s now been 2 weeks since I applied online and I’m still not sent to the SBA for approval. I need funds now not 2 months from now and obviously it seems to me I’m a small guy and not a lot of profit in me. I keep getting emails saying missing documents in which I know I have sent twice already. They send very vague emails so now on hold for over 10 minutes and it’s asking if I’d rather receive a call back when an agent is available and I’m skeptical because I’ve literally have never heard back from either companies when asked.

Used them in 3 separate loans, one out of those was successful. The one that succeeded although interest rate was a little high I had no issue with it. Although in my opinion it was luck. I then applied for the first PPP, they submitted my application too late. I brushed that off, then came the second round. I applied the first day it opened, they gave no reminder. Either way I went through because they knew my info. I then had to tell them how to input things in the application because they had no idea. Then they switched case workers.

When my local bank was unwilling to approve a loan for my business, I was able to get multiple app offers through Lendio. They gave me options when I felt like I had none. I was able to use this money to save my business! The staff at Lendio was amazing! Everyone was extremely responsive and fast. I cannot recommend this company more highly to any business owner in need of a loan!

I contacted them several times about my ppp loan about the forgiveness part. I told them mine was not through a bank. It was done through Kabbage. I kept telling them that Kabbage was telling me I have to wait and go through them. They just gave me the runaround about it especially Nathan ** who works there. Then they wondered why I got angry when I called. I kept calling them and still the runaround especially from Nathan. I would not recommend them Sid a loan organization to anyone. I had every right to be angry because I never got any straight answers. Nathan even helped me fill out a forgiveness form after many phone calls. That was a joke and went nowhere. Terrible organization. Thank you for letting me say my piece. Sheila **.

Applied for a PPP loan and Lendio sends me an E mail stating I was approved and assigned an SBA file number. After that I heard nothing from them. I checked the portal daily and there was no change. No loan documents to sign, nothing. With the passing of time and no action, or updates from Lendio I went elsewhere and then the application and was approved and funds deposited in 5 days. I will be applying for an SBA loan probably next in the next month or so and Lendio will not be considered for my loan needs. Lendio inaction could have devastated my business. Thank goodness someone else stepped up to help. I do not recommend Lendio. Stay away, look elsewhere.

I answered all of their questions and at the very last page after I signed and submitted the application, they wanted my bank login in info... Account number, online sign in user name and password. After that, I ended my application with them.

Very helpful to get you the loan submitted but after that you don’t hear a word. You can wait no TJ s before getting a response. Wouldn’t even bother applying. Was even told to try another bank. Terrible customer service.

I received my PLP # from SBA for my PPP loan through Lendio on June 6th. While I had communication with a gentleman that was to my Account Rep., he unfortunately doesn't have any information from the Lender (which Lendio is not) and they have no way of getting any sort of updates from the Lender. (I can't even find out what email address the Lender will be using to send my closing documents from so that I can make sure that the email address isn't flagged as Junk!)

I got approved in May and the 10 days are up and I never heard from the bank or Lendio inspite of numerous contact requests. I went to Bluevine and was funded in 24 hours. I am very disappointed how I was left hanging by Lendio.

They had 3 people contact me all within 2 hours, all about the same thing. I contacted all 3 back and never reached anyone. I did not get a call or an email back and it has been 8 days. My email shows me they opened it. It isn't like they need to gather info, since they never even told me why they were even contacting me. They can't send an email back? Very incompetent. Avoid at all costs.

Excellent service and quick turnaround. I worked with Joshua who is fantastic. He helped me gather everything that I needed and was there every step of the way. Joshua ** Was fantastic and I cannot recommend working with him enough.

Uneducated staff. Many emails and text over a month and still nothing accomplished. There will be no loan to get at this rate. Would not use them for any type of loan or financial interest. Complete unable to help any small businesses.

Run, don't walk, away from these guys. I filed an application a couple of months ago for a PPP loan. I couldn't get them to respond to me for status updates, and was just notified that my loan was rejected, with no explanation, by the lender who they had referred my loan to. I was very careful to correctly fill in the information and upload all of the documents to support my application. I wish they have the option of letting you rate them with a negative number of stars. Just a pathetic customer experience.

I would go elsewhere for any PPP loan. It's been about 7 weeks for me with no responses typically, and then out of the blue, a brief email suggesting the application is incomplete. But, no actual statement of just what is wrong. I've redone everything about a dozen times just to make sure that it's complete. No response, except, your application is incomplete. No response to email questions either. Just a black hole. I'm beginning to think Lendio is like a Russian bot.

What's going on? My PPP loan application was deactivated without my permission or knowledge. WHY? When I signed into Lendio to check my application status I received this message below: " This application has been deactivated. You or another business owner requested to remove your PPP application from our platform. If this was done in error or you wish to reactivate your application to be considered for PPP funds, please call customer service. 855-853-6346- Customer Service Number. START NEW APPLICATION." This is WRONG. I did not modify my application or make any changes. So who in my loan application, from the computer history of Lendio, changed my loan application? Who was it that made any unauthorized changes to my application and what day was it done? And why?

I applied for PPP through Lendio at Cross River Bank. It took longer as they promised, I followed up, Lendio informed me your application is complete and under review. I waited another 20 days... Still nothing. I contacted bank and The bank informed me that My application is incomplete and They are rejecting my application due to that! Really! Is this even legal? Do I have right to complete my application and not lose my place in line? Why didn't they inform me in a timely manner? After waiting this long, they did not give me a chance to even complete my application... So disappointing. Stay away from Lendio and Cross River Bank.

Overall would give the company and the gentleman assisting me (Joshua **) 5-Stars! Great service, process was quick, feedback and follow-up went well. Could not have asked for a better outcome. Highly recommend the company and Joshua **!!

Taylor ** helped us through the PPP process. The website was very user friendly and made our parallel effort with Wells Fargo look foolish. To be clear their web process is among the best, not just for a loan application but for anything I have used.

Filled out a business loan app for Lendio. Set up account, password, all the typical BS. No response to the loan app, can't access my account on their site for status. Seems like a data gathering scam.

I submitted all my paperwork for a PPP loan with Lendio weeks ago. Very basic information was needed. I understand they are bogged down with heavy volume and I am one of likely thousands of applicants. The problem I have with Lendio is that they do not respond to emails or phone calls. Over the past several weeks I emailed several times with no response back and was able to communicate with them one time over the phone. The secretary didn’t seem to understand why my loan was held up. She assured me a returned phone call but I never got it. These are tough times and I was hopeful to get my PPP loan. Looking less and less likely each day. In my experience I’d go another route.

Thank you Lendio for making PPP loan available for our Company in this tough Covid-19 Pandemic times. Russell ** was really exceptional and his timely response with very detail was amazing and made stress free sometimes. The complete process took 6 weeks for us to get funded into our account. Mr. Russell Response even in weekends and after hours made possible for us to get the PPP funds on time. If I need a loan again, I will first reach out to Lendio. Thanks again for all your help Mr. Russell for securing PPP loan for our company.

I applied for PPP loan (via Lendio) the first week of April. On 4/16/2020 I received a PLP number through Lendio/Reality Capital. I was told I would receive information within 24-48 hours and the process would be wrapped up within 10 days. It's May 16th: 6 weeks since I applied and over 4 weeks since I received word that I was assigned a PLP number.

I applied for a PPP loan through Lendio from link on my bank account on 4/6/20. Received a prompt confirmation email. 4/14/20 was told that they needed more info but it was ready to be funded. The info had to be sent by 4:00. I sent everything promptly. Heard nothing. I called. Emailed. Nothing. On 4/15 I asked my bank what was happening. They check into it. I then received a call from Ann R. C. She said all the paperwork was in order and she would send it to the funding desk. 2 hrs later I received an email from Evelyn M. I need to submit a completely new application to Kabbage. I called Ann and asked why since she said it was ready to be funded. She had no answer. It's been almost 6 weeks since I applied. We are a small business hit by COVID.

I worked with Joshua ** on my PPP loan and he was amazing throughout the entire process. The process took about 6 weeks from start to finish and numerous times I thought it was not going to happen but Joshua kept updating me with detailed information to put me at ease. The timeline that Joshua told me about truly happened and I am amazed at how accurate he was. I trusted Lendio and Joshua to come thru for me on my PPP loan and they did with flying colors. If I ever need a personal loan, I will for sure deal with Lendio. Thanks again for all your help with securing my PPP loan.

No return emails or anything. Ridiculous. Waiting for Lendio for a PPP loan has been a mistake. I leave voice mails when I call and I received on follow email and the women refuses to answer my response email and they have blown me off. I am missed the first round of PPP FUNDING and still nothing. Sad service. Robert T. AUSTIN, TX

The process was super easy and the staff was super responsive obtaining my information. Once I was issued an SBA approval number communication has been horrible. I was approved on April 16th and my loan was assigned to Ready Capital, Until 5/13 I heard nothing from Ready Capital. Zero Returned calls or emails. My loan is tied up with Lendio and I was not able to even apply through other lenders because my loan was assigned. This is sad that they would treat businesses this way that need funding. Communication is key, and you have failed us! I have not paid myself and continued paying my staff with my own money with the hope my loan would be approved. Shameful.

I applied for PPP on lendio.com. I was so shocked that Grant ** reached out to me so fast to make sure I complete my application. He called me and emailed me. He also made sure he keeps in touch with me for 3 days. He also wrote nice emails like "he is expecting good news soon"... I was so excited to get his help to save my company and our amazing employees. It has now been 14 days and no replies. I tried support. I tried their chat. I tried emailing Grant 7 times. I have also been told by other lenders that they can't help me anymore because Lendio locked me into the PPP loan with SBA. So what do you do now? When you feel hopeless knowing no one can help you or no one can save the 93 employees or their families. I guess I can just wait and pray. Please find it in your heart to help us. Or AT LEAST LET ME GET A LOAN WITH SOMEONE ELSE. PLEASE HELP US!!!!

Michael with Lendio helped me apply for a PPP loan for my small business when no one else would. He was responsive even after hours and made sure that my loan app got through the system. Because of Lendio and Michael, Inwas one of the fortunate businesses that actually got PPP funds to help us survive this difficult time. Highly recommended!!!

I have provided information a week ago, no responses after an initial acceptance. Then I started calling, long holds then disconnects, or worse - the message says they do not do live customer service. Then it occurred to me "Oh no, did I fall for a scam?" I provided so much personal information, and I know we must be patient during this time, and I know they are not the loan company but find other companies - but to not at least have a way to tell us things are in process? I am terrified I gave them my personal info and tax returns now. Please be careful. Why don't they respond.

I had read about Lendio in the Wall Street Journal and since my bank - Bank of the West - was slow to act on the PPP program, decided to apply through them. I applied on 4/6. I received a PLP/loan approval on 4/16 and of course several "encouraging" emails. I was then contacted by Ready Capital to sign loan docs - which I did, and then a couple of days later was informed by Ready Capital that a bank called Customers Bank was funding my loan and I needed to again sign the loan docs - which I did, as I am now desperate to get the promised/allotted funds. It is now 5/11 and still no funds and no real communication from either Lendio or Ready Capital. As with others, I have been told that since I already have an "approval", I cannot resubmit with a legit bank. I am not sure what the scam is, but this definitely feels like a scam. I just hope the people at Lendio are having as much trouble sleeping at night as I am.

I have applied for the PPP through 2 lenders. PayPal denied my application due to limited credit history and Lendio seems to have abandoned me. I showed to have been submitted to lender on 4/27 & then I received message to upload more docs. I did so right away and resubmitted my signature. My account then updated to submitted to lender on 5/4 and has shown this status since 5/4. I have received several messages that more doc need uploaded before I can be submitted to lender, so I don't even know what's REALLY going on.

Lendio had contacted and reassure that our PPP packet had already approved and is waiting for the Bank to send fund. At this point Lendio has no control with the situation. So it's the bank that prolonged the situation and not Lendio. I will change the rating for the review. Thank you for your quick response with the review.

I have now been finally funded. I feel that entire PPP process should be examined to find solutions for this to never happen again. I have improved rating to 4 stars as Lendio CEO Brock Blake reached out to me and saw latter progress through to funding.

I reached out to Lendio to help with my PPP (Paycheck Protection) and they were very unprofessional. I waited 10 days to hear "sorry your app was not complete, declined.." So instead of reaching out for what they need and helping a small business they chose to just decline and tell me "find another lender." Terrible customer service! I don't recommend them to ANYONE. SBA should remove them from "helping" business owners.

I received a notification that my SBA loan was approved by the SBA Via LENDIO. I even have an SBA#, it’s been this way for a while. No funds. The worse part is that other lenders I applied through were going to fund me and they said they could not because another lender (LENDIO) already was approved by the SBA. So now I’m stuck waiting for them to come through as my business falls apart. I can’t even trust that the SBA# I have is real or the loan will come through in the end. Just looking for some assurance from them so I can sleep.

Updated on 05/18/2020: Lendio sent me an email stating that they submitted my application to Texas National Bank on 4/25. Today I logged into the Lendio portal only to find my application submitted date had now changed to 5/13. So I immediately got on the phone. A lendio rep told me that texas national bank released my application. That now my application was submitted to Kabbage. Which I already applied at on 4/10.

LENDIO and their partner added to the nightmarish experience that small business owners encountered when attempting to apply for the Round 1 SBA PPP loan program. Frontrunning more reputable banks, Lendio and their partners were quick to lock in SBA approvals for loans they were unprepared to process and fund. Worse, small businesses were held hostage as Lendio/Ready Capital held the SBA approval preventing businesses from applying elsewhere. One month after I applied, my company has still not been funded and I continue to receive worthless blast emails informing me to expect funds in 5 - 10 days. Peers using other lenders have already received funds for Round 2 approvals and I'm still receiving a 5-10 day window on my Round 1 approval. I hope there will be appropriate sanctions by the SBA for what Lendio and Ready Capital did under the worst of conditions. Too bad there isn't a 'no star' rating.

Update: Lendio, Ready Capital, and Customers Bank have come through. I received my PPP loan on 5/12/20. I even got a call from a Lendio representative last night. For all small business owners out there waiting, have patience, they will come through. The wait is tough but in the end they are great group of companies that really do want to help the small businesses in America. These are the first reviews I have ever posted let alone a follow up update but they deserve a thumbs up for the hard work they are doing to process the 1000's of loans they are trying to process.

I have a commercial account with Coastal Credit Union and within a week of the CARES Act they said they would need to refer me to Lendio, a "trusted partner". My research showed that they had decent reviews so I submitted an application. The process was straightforward. The portal was well designed and stable. I am aware from their information that they are an online broker who do not make the loans. My application says they have referred my application to a lender as of May 1. I am unsure if my application was ever submitted to the SBA.

A friend of mine recommended working with Lendio and Steve ** for the PPP loan. I was very impressed by the overall experience and the user interface was light years ahead of the competition and banks. To top it off, Steve was extremely responsive and helpful any time I had a question. I highly recommend Lendio and Steve!

I applied for a PPP loan for my business when most other banks were not helping their existing clients unless they were a huge dollar business. Lendio was fast and easy. My agent, Joshua ** kept me updated as the process unfolded. Was a relief to get through this.

Lendio is very poor at this PPP thing.... I applied 3 weeks ago for a PPP loan through Lendio. I made sure I added all the documents they asked for, THE 1st time. Got several emails to "MAKE SURE ALL DOCUMENTS ARE THERE". Then, I got the email that funds ran out. Then, I got another email congress was adding additional funds, make sure my documents were in order bla bla bla. Then, last week I get an email that says my application was sent to lender....then 3 days ago I get an email that "my application was sent to lender but we encourage you to apply with our partner, BlueVine Capital". I applied to Bluevine and still nothing at this time. Hopefully 1 of these damn companies will get a PPP loan approved. On a good note, finally got my EIDL advance yesterday, so maybe on few more weeks from the actual EIDL LOAN!!.

I recently logged into the Lendio portal to check my PPP application status. I had been previously approved and was told so with a PLP and SBA number. However, this time I logged in it had said my application was only sixty percent completed. Confused, I filled out the small green form at the bottom of the page to have someone contact me about this. Within maybe ten minutes a gentleman named Cody ** called me. He informed me that everything was okay and that I should not concern myself with what I saw. He also informed me that I should upload an additional form for faster processing. I was amazed as he sat on the phone with me while I downloaded my tax returns and helped me through the entire process of uploading a single file to my account.

I started my journey on April 17th with one of their Reps (DG). I received about 3 emails asking for add'l docs, I complied and still they ask for more. I attempted to call them but it was useless. I should have gone with a Real Company. I feel that my 2 weeks were wasted. Do not even waste your time with them. I thought I was doing the right thing, BOY was I wrong. And why do companies ask for phone numbers, when you cannot get thru on their numbers and I did not get a phone call from these people after asking them what they are looking for in my docs. Again, Do not waste your time with them. I also do not think I am insulting them, I am telling the truth about how they wasted my time. Also, is it interesting how the Perpetrator has the law on their side?

Russell was very helpful and responsive with the loan process. I would recommend his services to any of my friends and family. He responded to emails and questions quickly and worked late hours to help us get what we needed.

I could not be happier with the PPP loan application and processing experience I had through Lendio. They were accessible, patient and helpful at every turn. Even when my loan application was delayed when the first round of funding ran out, Lendio stayed true to their word in processing my application when supplemental funds were approved by Congress. Joshua ** took ownership of my application, helped me find a lender in BlueVine, and helped expedite my loan approval. This loan will help my business, RCL Communications, navigate through a very challenging business climate, so that we can be well positioned to come out stronger when the economy starts to pick up steam later this summer. I have recommended Lendio to several of my friends and family in similar circumstances and I'm sure they will be equally happy with the results.

My misfortune to connect with this ill-reputable company, cost me the SBA's PPP forgivable loan, which would have reimbursed me for all the payroll and associated costs payroll taxes, group heath insurance, etc for my one employee, my wife and myself. Having to close my business due to local and state restrictions of the COVID-19, and continuing to pay my employee. As he has a family and also would not want to lose an employee that works hard, shows up every day, never complains, and is very appreciative.

Just wanted to drop a note as I know millions of people applied for SBAs PPP. I chose to go through Lendio only after having done a little online research about their reputation. I am SO GLAD I did! Their online portal and chat feature made the application process extremely easy. I received daily communications (and not the form email my bank kept sending me every day). Every time I checked in and used the chat feature, I was given immediate and accurate guidance in what to do next. I highly recommend them. You won't be disappointed with the customer service.

I have been trying over and over to get someone to call or email us back. Our funding is jammed up and we need Lendio's support on this. There is a discrepancy somewhere that is preventing our funding from our local bank because of something Lendio has on file.

Russell answered all my questions, was reassuring and had a good sense of timing, considering the situation. He understood what I was trying to accomplish and he knew the problem of how to expedite the information so it could be submitted to the SBA in a timely manner, but as of yet I have not received the funds as of yet, hoping they come through.

No matter how big or how small your company is, Russell ** at Lendio gives your company devoted attention and works hard to find the best solution for your company's needs. Russell works tirelessly on your behalf.

Russell ** was extremely helpful with my loan application for the PPP. He was quick to return emails and made it less stressful for my business. I will definitely recommend using Russell to anyone who is looking for applying for a loan.

I’m a Small Business Owner in the San Francisco Bay Area. We were required to close our business in March due to the Coronavirus. We looked at several lenders and were fortunate to meet Russell ** at Lendio. Lendio was working with thousands upon thousands of loan applications for the somewhat chaotic Federally funded Payment Protection Program (PPP). It was a race against the clock to gather all the documents necessary to apply for the PPP loan. Lendio and Russell ** guided me through the process, making sure my application was complete.

Mr. Russell ** from Lendio was not only able to help our company attain the PPP loan during this very scary economic time, but he made the experience less stressful and confusing. Mr. ** was professional and went the extra mile by helping us every step of the way and with the patience and hard work a person in my position could only wish for. I had asked around and attempted to work with other banks and companies, but found out very very quickly I was just a number in a long line of others attempting to get the same funding. Mr. ** actually took the time to know my name and the name of my company while others had not. In the end this is a relationship my company will keep if and when any further funding is ever needed. Thank you from our company and the employees who will soon return to work. Thank you and again Thank You.

Russell at Lendio took care of my PPP loan. The process was very streamlined and quick turnaround. Not much going back and forth regarding documents which made the process smooth. Definitely recommend their service.

How can multiple people have "such a great experience" and so many others do not? This company is in NO WAY fit to help anyone with the PPP Application! My bank "partnered" with Lendio as they were not SBA certified. Upon hearing this I submitted my application to them on April 16th. No response, no assistance, and absolutely no correspondence of any kind later, I sign in today (April 29th, almost 2 weeks later) to check the status of my loan application. Lendio has just now decided to push my application off to a different company, whom I have to now resubmit all of my information to! WHAT exactly is the purpose of this company?? I trusted these people to handle this absolutely essential process during today's crisis with care..and it took almost 2 weeks for them to basically say "You should talk to these people over here - they can help you."

Taylor was so awesome. Extremely friendly and even more helpful. Honestly I've dealt with other lenders and up until this point, this PPP process has been a nightmare. Lendio had Taylor contact me the very next day! A human being on the other side of the phone!!! Was able to confirm that everything was set up correctly and got this loan application submitted. Seems like we may actually get something done on this go around!! Thanks again!

Imagine being approved for a PPP Loan at a time of need and then the actual lender called Ready Capital, The actual Bank that Lends who have the wrong approval number and 13 days later no emails, no calls and no replies except the approval numbers for the SBA approved loan for Lendio and their bank Ready Capital do not match and there is no way to find out what is going on. If you want to wait and wonder choose this company otherwise keep away! Ready Capital similar experience no calls, no embalms no way to leave a voice message, to reply to emails, it is a disaster. My friend who applied at the same time to another company was approved and the funds transferred to next day.

I'm changing the rating from one star to four star since the company quickly got back to me after they saw my rating. It seems I still couldn't log in, but I appreciate their quick response. There might be tech issues that is beyond their control and they did help me with my application through email.

Absolutely terrible! I have been approved for the first SBA PPP loan almost 15 days ago by Lendio. I even got a confirmation from their lending partner Ready Capital. While other business have been funded by Kabbage, JP Morgan Chase, Bank of America, etc... Lending definitely bit off more than it can chew by locking up ridiculous # of business and now does not have enough resources to fund their loan??? This reflects very poorly on the company. Now they have my loan locked up and I cannot even go to my neighborhood back to get my PPP loan. If I go out of business it will be blamed on lendio and Ready Capital.

I run a small business that does a significant amount of gross revenue (3M annually). I submitted my PPP application through Lendio on 04/09. Unfortunately I did not make the first cut before federal funds ran out. While I continued to receive emails stating everything was in order and that new funds were on the way, today I received notice that "Unfortunately, your business does not qualify for a Paycheck Protection Program loan." and "Your application has been declined by the SBA".

When the CARES Act was signed, I was the finance professional in charge of securing a PPP loan for our company. It quickly became apparent that local banks weren't equipped to handle the massive volume of applicants or had the speed required to get approvals before the funds ran dry. The bigger banks didn't want to consume resources to process PPP loans for new customers so many small businesses were stuck with the slower, less equipped smaller banks. I submitted an application to our bank. Days went by and I didn't hear anything back. Our bank was experiencing a massive amount of phone calls about the PPP loans and I never got a call back.

I am thrilled to be working with Lendio for my Loan. There were quick, very professional, personable, and overall outstanding. Any questions that I may have, they are very prompt and wonderful to work with. Their communication is spectacular. Taylor has been a delight to work with during this pandemic. He is always very pleasant and professional. I highly recommend Lendio. Taylor has made this experience stress free and awesome during a World Pandemic.

Jay and Devin contacted me asap to resolve.

Taylor ** was nothing short of a miracle for me. During such a tough time dealing with this pandemic, she kept me calm and assured me all will work out. And in the end I was approved for my loan. I’m beyond grateful.

I applied for the PPP loan and was approved weeks ago. Process seems to be stuck or worse, broken. I can't seem to reach anyone. Made business decisions not to lay off employees based on being approved. Everyone is hurting now.

Taylor ** is the Senior Funding Director and he was very quick to respond to our inquiry and very helpful. We are applying for a Paycheck Protection Plan and the process is very confusing and time consuming. He was very helpful in assisting us with the process.

I was contacted by Jay The Customer Experience Director right away. He apologized and said he would help. Jay did help and stayed in contact with me. I know these are trying times and we all need a little latitude in dealing with the unknown. I have secured funding from another lender but feel that the people at Lendio were doing all they could to get the PPP Loan for me. I would not have a problem going back to them for other loans.

I received a call from the lending director. All 5 of my clients were consolidated under one agent. I am hopeful that all loans will be funded. Thank you Lendio for your help.

I was struggling with applying for the PPP SBA loan. I was given Joseph **’s phone number. To my surprise, he picked up right away the first time I called. He is the nicest guy and is eager to help. He understands the frustration and anxiety that come along with the process, as it is complicated and confusing. He was able to not only answer my questions and determined that something wasn’t right somewhere in the loan process. Between the two of us, we figured it out. Thank you so very much Joseph for your kindness, patience and assistance through these tough times.

I have been attempting to apply for a PPP loan through Lendio to no avail. After submitting all of the documentation required by the SBA yet I still receive an error email from lendio regarding my application stating 'Missing required documents'. When contacted weeks ago about this, lendio has failed to contact me back. It's been 2 weeks now and I STILL can't talk to a human being yet. I will financially suffer because lendio is failing to get its act together...

Consumer representative Jay reached out to me this evening. He informed me that Lendio is just compiling paperwork for my bank and that it was completed and returned to the bank well before this review. I was not aware of this process. He has gone a step further to try and contact my bank to help solve the mystery of the delay.

After failing to find a home for my PPP application for over a week, I finally found Lendio and I'm so glad I did. I heard from a REAL person - Madelyn ** - shortly after submitting my application. She reached out right away to make sure they had all of the documentation that they needed. Since then, I've recommended her to dozens of fellow business owners. I'm getting near-daily updates from Lendio as they work hard to process our loans ASAP. Thank you for doing what you do!

Lendio is aggressively marketing CARES Act PPP Loans for small business with their underwriter Ready Capital (NYSE:RCP). According to Lendio, our application was accepted for the original CARES ACT PPP loan, they even provided us with the SBA E-Trans/PLP/loan number that Ready Capital had received. Which according to public information, should mean our loan was approved by the SBA, the money was then reserved, and RCP would just need to generate the loan contract for us to review and sign in order to receive the funding.

Lendio ppp loan got approval code. But Ready Capital is too busy to finish paperwork. Getting close to 10 days. Will they get it done in time is the question? I got approval 7 days ago. I applied with another lender for another company & got all approval done in 1 day. Very worried.

Joshua ** handled my account with the utmost professionalism and care. I am confident in his abilities and he keeps his word. He also is very timely about responding. Highly recommend him/Lendio for their loan services.

I am a Business owner who like so many small businesses, are struggling through this crisis we find upon us. For whatever reason whether it be no more money or not in time to receive the first bailout, our employees are in dire straights for an opportunity to feed their Families. We cannot keep them if I cannot pay them. I received an email from a gentleman who I now call my Hero! His name is Taylor ** and a loan officer from Lendio trying to help all he can so that when the second round of funding is released then he would have a part in saving my business. He walked me through the steps via computer and if I may say, took much patience on his part as I'm not the best. As busy and overwhelmed as he was trying to help others, he made time for me.

Lendio was very efficient. I wasn't sure how the whole process worked but they were very helpful. Josh ** helped me get my loan application in quickly and followed up until the loan was approved. Great customer service.

In the face of mounting frustration around the PPP process, Taylor was prompt and responsive in helping us through the application process. And at a time when the banks are not responding to calls or providing status updates, it was tremendously helpful to be able to speak to a live person (Taylor **) and have general questions answered. Talking to a live person is more important now than ever before.

Joshua ** is my funding manager for my CARES ACT SBA PPP application. His professionalism, accessibility, and clear communication has generated hope and optimism in uncertain times. I am confident that I am good hands.

In applying for SBA lending during the COVID-19 period, our bank of 20 years failed to communicate. We reached out to Lendio, and before app was even submitted, we received a phone call and a text from Taylor ** who actually took the time to speak with us an answer questions...what a refreshing experience. I would highly recommend Lendio to anyone who values customer service.

My agent, Taylor ** was very helpful in letting me know exactly which documents I needed to upload with the application for the best response. Taylor was also quick to let me know that the initial PPP money had been exhausted but I would be among the first to be considered if/when more money was released since my application and documents were all ready to go!

I so appreciate the care and attention to detail that Joshua gave to my application. He was timely, caring and patient with the whole process. His compassion was greatly appreciated in these challenging times. I would recommend him and Lendio again. Sincerely, Linda **, Vanguard Realtors, Santa Cruz CA

I am the Managing Partner of a small business consulting firm. Due to the severe downturn that small businesses experienced, we needed to apply for a PPP loan in order to keep as many of our people employed as possible. The (very) large bank who I have used for years (but did not owe them money) is, in my opinion, not giving much of an effort to process PPP loans, unless the customer already owes the bank money. I found Lendio on a Google search and they have been terrific. The lady who has been helping me (Taylor **) is very helpful and bright. I well know the value of a great employee. If Lendio hadn't been so helpful, I may have tried to recruit her to join my firm! She was that impressive. We will be recommending Lendio to our small business clients, the majority of whom have gotten a cold shoulder from their regular banks!

Taylor helped me with the application process of the Payment Protection Program loan. She told me exactly what I needed to submit and answered all the questions that I had. I was approved about in a week!

Lendio had helped me with all my loan needs. Joshua ** is the hero! He had been following up with my application and walk me through every little detail to make sure I understand everything. I really really appreciated for Joshua's patience and knowledge. I recommend this company if you need a loan. Thanks again Lendio and Joshua **!

Lendio was great. They guided us through the loan process. Joseph made sure that all our documents were correct and answered any questions we had. He made the process easy for us. Would highly recommend the company.

Joe ** called me to follow up on my PPP application and assisted me in making sure it was complete. He was very knowledgeable about the program and answered all of my questions. I would recommend this company to colleagues and business associates.

During a crazy situation and time period, once I was connected with Taylor I finally got clear feedback on requirements and next steps. Taylor has been very timely in her responses. She provided me solid advice and always has a positive attitude.

Joseph ** is helping me with my PPP loan, and he (and the whole Lendio team) have been great to work with. Their online system is easy to use, and they're good about staying in touch and keeping me updated about the status of my application. Looking forward to working with them more in the future!

I had the best experience with Lendio and applying for the PPP loan through them. I had the pleasure of working with Taylor and She was so on top of our needs. And I am so thankful for her and the Lendio team. Highly recommend!

Cody **, Funding Director, was excellent to work with. When our normal 'Big' Bank closed our small firm out of the PPP Loan Program, Lendio was recommended by some colleagues. We were assigned to Cody at Lendio. Cody was efficient, communicative, and easy to work with. We highly recommend Lendio.

Kade **, Sr. Funding Manager of Lendio helped me in matter of a few days of me submitting my application. Making sure all of my information was included for the SBA/PPP loan application. When I had questions, he returned my calls and answered my concerns. Kade called me to let me know that I now have been approved and to give me my SBA Confirmation number. I look forward to being funded very soon! Thank you very much Kade for all your help and attention when you have so many other clients to tend to. With so many needing attention, I especially appreciated not being treated simply as a number!

Kelly ** was kind and helpful. She helped us navigate through the madness of the application process and I would happily do business with her again. She gave us regular updates and and was always quick to respond to our questions.

Taylor ** at Lendio provided great support and intelligent help in the application process for my small business. I really appreciated her expertise and follow up as we went through the process. She is fantastic and Lendio is a great company to work with.

Lendio was very responsive, quick, and informative for my small business's SBA PPP loan. I feel so grateful for Taylor Herrera's support. As a small business owner, I'd found it difficult to find any traditional bank willing to prioritize me, while they focus on their much bigger business clients. Lendio was able to not only provide the modest time and guidance that I needed, but fulfill my PPP loan application within days. I've already recommended Lendio to others. I'll look to Lendio for future needs as my business grows.

Joseph **. He’s the best and fastest loan guy I’ve ever felt with. Super helpful and to the point. Wish I had him on my staff! LENDIO IS DEFINITELY BLESSED to have him on team. Wish there were more people like him. I dealt with several other individuals at the company and they did not come close to the customer service level he presented.

PPP Loan - Prompt Service from Joshua ** at Lendio.com. I was very pleased with Lendio.com processing of my SBA PPP application under the 1st Phase of the CARES act funding. Joshua ** gave me a call to confirm that my application would be going to underwriting and had received an SBA PLP Reservation number before funds were totally allocated. I appreciated the level of attention to detail from Joshua ** and Lendio.com.

Because Lendio‘s process was so efficient and seamless, they made a very stressful experience into a great one. We were able to get our loan! Maddy ** helped us with everything and was excellent. Highly recommend!

Fantastic company with excellent reps. The COVID-19 PPP loan was a huge headache for me w/ my bank—delay after delay. I finally went to Lendio, filled out an easy online form, and got personalized help from Madelyn ** who was fantastic!!

Joshua ** helped me with my loan process. Thank you for taking care of my loan application. It was timely and much needed. Much Appreciated. Even my bank could not process my application this fast. Thank you again.

Lendio has been exceptional through this Paycheck Protection Program process. Along with every other small business owner, this Corona Virus has caused me a lot of anxiety, however with professional companies like Lendio, they help relieve the stress. Lendio has responded to all of my emails, followed up with phone calls, and answered all my questions. I am grateful that I chose Lendio to apply for this PPP program with. I would highly recommend Lendio to any of my friends and colleagues. Thank you, James ** Coach Pro LLC

I get to know Lendio through my accountant. I had many questions during the application process. Thankfully Lendio’s website was well organized and I could get immediate answers with a chat help. The same person I chat, Kelley even followed up some missing information by text exchanges. They are very helpful and kept me informed. I highly recommend Lendio.

I am so forever grateful for Joshua ** and Lendio for saving my business! He was quick to respond and has stayed in contact with me! I recommend him so much to all business owners! Thank you very much.

Great experience. We have used Lendio in the past and once again they did not disappoint! Joshua ** was great to work with, very positive, knowledgeable and helpful. Quick response time and constant communication and updated about the process. We will definitely use Lendio again for funding.

We worked with Joshua ** at Lendio to participate in the new PPP Loan program for small businesses. Joshua helped us qualify for the loan in a few days and the process was quick and easy. He was always available to answer our questions and guide us through the process until we were approved by one of his lenders. This will provide our company with payroll protection for the next two months during this unprecedented time in our country. We highly recommend them!

PPP Loan. While the big banks failed me, Lendio stepped in and got me funding. My bank of many years did NOTHING for me but Lendio came through! Lendio should be praised for their work with small business owners during this Covid-19 Pandemic.

Exceeded my expectations. My local bank is not SBA approved so I was left in the dark regarding a PPP Loan. My bank referred me to Lendio and I submitted my application to them the same day. Within a week my loan had been approved by the SBA. For having no prior relationship with them, I was very impressed with how responsive they were through the whole process, while knowing they must be inundated with applications. Would highly recommend.

Lendio positions themselves as if they are the funding arm of the PPP program. I had already submitted my paperwork to another bank and then Lendio emailed me requesting more information. I sent them the information requested. As it turned out they just wanted to start a new loan through them. Now they have my personal information, etc. I cannot get anyone to call me back and withdraw a loan I was not wanting.

Lendio helped me when my bank failed. Hello my name is Stefanie and I am an owner of a hair salon. My business is set up as an S Corp where I pay myself a paycheck weekly. I submitted my information for the PPP Program on April 3rd (the second day after it was launched) with my local credit union that I am a member at. What I didn’t know, but have later came to understand, is that my credit union was using a third party “Newtek” to process the loan. I was instructed that I would be contacted in 2-3 days, 7 days later I finally had an email. Sweet! It was from the third party company Newtek letting me know they have received my submission and to please keep a look out for an email application that would be sent soon.

STAY AWAY FROM THIS ESTABLISHMENT***IMPORTANT UPDATE- MUST READ!**** So now they closed the review option or edit option to prevent people to know what is the true nature of service at this business. I encourage you strongly to read this long ** report on the service, HORRIBLE service I received from this entity. Filed my documents with Lendio on 04/06/2020 as filling opened to the public. Since then no communication with Tim **, Funding Manager beside text once in a while. After 10 days I was informed he is missing the back side of our ID card (Driver license) and that was the reason the application did not go through. A few days pass when I am calling and literally harassing all emails and customer service begging for management to reach back as I already know someone dropped the ball BUT NO RESPONSES WHATSOEVER!!!!

I applied for a PPP Loan with Lendio on April 8th. On Friday April 10th I received a phone call from Alex ** and was told they needed two additional documents to complete my application. One hour later I uploaded both of those documents and then sent a follow-up email to Alex to tell him I had done so and to please confirm that was all that was needed.

When you are in desperate as a result of this Virus, Companies like Lendio should not pop up and resemble a government relief program. Very conniving and unethical in my opinion.

Don't waste your time unless you have a large business or make millions of dollars per year. I have a small online business that I operate from home. I have zero overhead and expenses. I decided to give Lendio a shot and was asked to upload my bank statements from the past 3 months. The bank statements clearly showed over $14,000 per month in revenue/deposits. When my "funding manager" created my profile, my monthly revenue was quoted as $3,499. Either Lendio allows their employees to drink on the job, or their calculator is broken. I sent numerous emails to my "funding manager" inquiring about the misquoted revenue figure. To this day, I have yet to receive a response.

I was fooled into thinking that Lendio was the lender after they pulled my credit, had me upload my bank statements to their online portal. Then I receive an email that I'm approved for $5,000.00. I stated, "Great, what's my rate?" No reply? Then I receive emails from other lenders who wants me to PULL MY CREDIT SCORE, UPLOAD BANK DOCUMENTS just like LENDIO? I thought Lendio gives these lenders ALL MY PERSONAL INFORMATION they pulled for a decision.

I am a women in business and was contacted by a representative from Lendio a few months ago. I had been interested in a long-term SBA loan for my relatively new business (and still am). He assured me that being a women in business, having high earning potential, and being in a unique business that Lendio could arrange an SBA loan for me. He also recommended a short-term "bridge loan" that would be paid off with the new SBA. The bridge loan was through QuickBridge and was a high-interest loan with weekly payments. When this bridge loan was funded, he told me that he would be referring me for the SBA loan, but he would represent me though the process. I did not hear from him for at least a week and then tried to contact him by phone a few times without success.

I have a loan set up by Lendio and I get contacted half way through the payoff and asked if I want to see if they could renegotiate the loan for better terms and possible more money. I did and I was told that after 3.5 months we could look at different options for funding. I asked what the new payment payback amount would be and was given the amount and told," But will be a cheaper payback". I contacted him on January 8th asking where I was on the payback since it had been almost 3 months. No response until today January 28 when he ask me if I want to renew again? Also I am 55% paid back!!! I asked why I was told 3.5 months? Response was "we could have been off in how many days the payback was" So I find out that 3.5 is really 6.5. STAY AWAY FROM LENDIO. I have learned the hard way.

Not only did I get bombard with companies calling, emailing and paper mailing my business faster filling out a form with this company relentlessly for weeks, three years later I still get at least one call a day from a new finance company. This should be illegal. Your data will go EVERYWHERE. Do not give them your info! Shame on Lendio, shame on all of these cold callers. Shame on this business! #snakes

I am a business owner that considered a line of credit and/or working capital from Lendio. I have great credit and healthy business revenue. I was provided a few offers that were not ideal, the capital was too expensive. I told my representative that I would like to review the fine print before making a decision. It was at this point that he accused me of wasting the lender's time. He was real sweet while offering me the bad deals, I'd like to add.

If you're an entrepreneur don't waste your time with this joke of a company. As soon as I'd picked up the phone, and from the moment a "loan manager" answered. He was extremely unprofessional, and combative. His attitude was extremely repulsive. I can tell from this first impression, you're not going to have good customer service, and what does that say when it comes to maintaining services, is every call I make going to be like this? You're better off using one of their competitors. You're wasting your time even with an evaluation call. You've just lost a 7 figure deal due to Peter.

Probably a SCAM. They take all of my personal information, including bank statements, and I never hear from them. Not ONCE did I have any verbal communication. Not ONCE did they respond to any information. STAY AWAY.

Started out with Lendio on October 28th, it's now November 22nd and still no direct communication or funding. They present you with a nice sales tactic on how they can get you funds immediately, submitted tons of personal information, including bank statements and beyond. Specialist that I worked with was very very hard to get in touch with. Would disappear for weeks, and when I did finally get a hold of her stated "Oh I am still working on your file." This has been a complete mess, I keep receiving the run around from my "specialist" working on my file. Nothing but a SCAM, they take your valuable business and personal information and just waste your time. STAY AWAY AT ALL COST.

I clearly asked for SBA loan that can be used for an existing business acquisition. The funding manager pretty much led me through multiple non-SBA loan processes that had nothing to do with SBA loan that can be used to purchase a business. Also, the he may even have forwarded some of our private information to a partnering company without my authorization/consent. To cut the long story short, he misled me to believed that we can't get (or it is too difficult) SBA loan to purchase a business by putting us through irrelevant loan process; Eventually convinced us to believe that we do not have much of options left and to go with an alternative loan with high interest/APR rate and an origination fee.

I own a small business and was curious to see how this process worked since they claim to be able to get loans for businesses with low credit scores. I didn’t complete the application and received several email about the completion of my application, asking me if I was still interested and them needing 3 months of my bank statements etc etc. Clearly I wasn’t interested and didn’t respond. They took the liberty to send my incomplete application to other lenders they’re affiliated with. I get an email from a lender rejecting my loan application. I was puzzled because I had not applied for a loan through this company, Headway Capital, so I called them. They looked up my personal info and said they got it from Lendio.

We are in process of buying out a partner in my business and needed a business loan. I wanted to get an approximate range for what kind of origination costs and interest rates might exist for this type of loan. Nowhere is that information available on their website, nor is there any obvious way I saw to contact someone with this inquiry - before they give you any of that, you're expected to provide comprehensive contact information, your social security number for a credit check, your business tax id, and, the point I decided "enough was enough" was tax documents demonstrating revenue. I didn't want to apply for a loan at that point, I just wanted to get an approximate range to see if I was interested in third party financing at all!

Keep a long story short, was having some issues with the loan, was pushed to a manager, Gianpierre, and the experience got worse. He thought he was doing me a huge favor by just speaking to me. Their attitude is just horrible. Will never use them.

Two calls, Two people. Initially I was impressed with the first one and asked for his contact info to get back when I’m ready. Someone else called back the next day, some young and ignorant guy talking down to me. The first guy called. I told him about my experience and he apologized but only to offend me even more later. He kept interrupting me and I was getting highly agitated but he wouldn’t let me finish my sentence to the point I found myself yelling to the phone. If they can turn a really calm person by nature into a nerves wreck in such a short time then I’ve no idea what else to be expected.

Once we were snagged into a “loan” by Zack (if that is even your real name) we were stuck with a loan with 50% interest and payments of $2200 a week. Zack told us “just pay down your credit cards then after 3 or so months we will slip you into a credit line." After that time we tried and tried multiple times to get ahold of him. No luck. His “helper” sent us to a credit line company $34,000 limit. We owe $125,000! This company is a joke, a real scam artist group of people. Run as far as you can in the opposite direction from this company. As fast as you can. Liars and thieves.

When working with Lendio you will get an idea of what exactly you're approved for with multiple bank products. I know many business owners and have told them to try Lendio. When they do, they find that they deliver a fee free process that’s fast and simple. I referred one of my friends who owns a business and they helped him secure a business loan AND line of credit. Bottom line... it’s DEFINITELY worth JUST TRYING IT OUT! Maybe it will work for you like it did for us. Great job to my rep Devin ** and great job to Lendio as a whole, keep up the great work!

Stay away from Lendio. They are nothing but a group of scammers waiting to prey on - hardworking, needy, desperate small business owners out of their hard earned money. I worked with some called - Daniel ** Funding Manager at Lendio and before even I started my application I have informed him what I was looking for and what we need. He has assured me that they are in the exact business what I am looking for and would get a traditional line of credit. After going to a lengthy application process and submitting all sensitive business, financial documents from our business, he sent me an email with - a loan (we are looking for a line of credit, he completely ignored our needs, basically he wanted to sell a product where he can make more money) of worth of 10% of what we were looking for and that to at 27% (net - including all fees) annual interest rate.

THE WORST CUSTOMER SERVICE ONE CAN GET! Dismissive and obnoxious, rude text messages and then talking to a customer with attitude, going into irrelevant details which customer does not need... All the wrong doing of a customer service rep: Justin **. I waited 2 weeks for someone to offer a funding, then a rep was reassigned and he took days to even get back to me. As soon as I complained and asked questions he started defending himself and told me "I have 50 other customers I have to attend, not just you"... Who says that? It speaks of an inability to handle the case properly on each customer base... I will be writing multiple negative reviews based on my experience so that people can know what they are getting into before they waste valuable time and energy! NO STAR RATING!

I have signed up with Lendio as a partner and sent them 2 files. I have been working with a representative named Steven **. I have had the worst service ever! I sent them complete files for 2 of my clients and it has been 2 weeks and Steven will not answer emails or calls. I have no idea what is going on with my files and my clients are not happy. This is reflecting negatively on my company. Aside from that, when you call their number to speak to a manager to discuss what the issue is they will not call you back. Do not refer your clients to this company!

I first started looking for a loan for my small business and came across these people. Their advertising says they specialize in loans for small businesses that have been in business just over a year and if you have not so great credit. I had multiple discussions with them and was really concerned about their payments and how they control your account. Several times I told them it just felt like it was a scam and how could they take a new business with not so great credit and expect such large payments to be made.

Stay as far away from this company. They kept sending advertisements to my email; I needed a loan for a business that I have with my sister; I decided to give them a try about 3 weeks ago. I worked with Gabriel ** and Marva **. As soon as they got my information and my sister's personal information, every phone call and email from them went unanswered. They are the worst. I'm not sure if was the low loan amt requested (not a large commission for them), but we called and emailed Gabriel and Marva a total of over 11 times. This shows me that this company is very unprofessional. Needless to say, American Express has now guaranteed us for funding. AGAIN, DO NOT CONTACT THIS COMPANY!!! Save the credit pull for a more professional and reputable company.

After a Lendio rep stopped by my office I looked into a loan to expand my company. I got a quarter of the way thru the online app and said no thanks (silly questions asked) then phone rang from Lendio... I said, "I'm good never mind." Now I'm getting calls from lenders saying they got my info from Lendio??? This is nuts and I never hit send or allowed for my info to be shared. Waste of time.

Lendio is a middleman for loans. When you call and give your info make sure to expect multiple inquiries from the multitudes of people they send your info to and make sure to expect to pay at least 150% interest for a 6 month loan. Connor ** was my point of contact. Saying the man is a snake would be doing an injustice to snakes. This man said anything and everything to attempt to get his commission, with no regard to integrity or honesty. Out of the plethora of blatant lies, here are some that you should be aware of if you dare attempt to talk to this company. "The loan will be in the business name not in yours. It affects the business credit not your individual credit". If you are like me and searching for a business loan, this is a big deal. Building business credit without impacting yours with Lendio isn't possible so don't believe it.

Used Lendio for an equipment loan in December of 2017. Obviously they send and sell your information to everyone as I am now receiving no less than 6 calls a day! From various lending companies trying to sell me something. Had I known it was going to be that bad, I never would have used them. Yes, we did get funding but the price I am paying with my time now, is hardly worth it.

Spent a week with Lendio to get a business loan. Promises were not kept and offers changed and were not acceptable. After a week I gave up and pursued loan with a very reputable provider and funds were deposited in my account the next day.

John ** of Lendio was very helpful. I was not approved for a HELOC Loan from my own bank so I asked John if he can help. He suggested to take a business loan and got me funded quick. My experience was all positive.

Devin got me a great loan fast and easy. He drove me through the process and kept me updated every day, for the 4 days it took to get my money in my account. I totally recommend Lendio and Devin, and I will go back to them in case I need to. Thank you Devin!

After going to the bank and being declined for an SBA loan on our 2+ year old company with decent earnings, I wondered if the American dream was dead. Certainly it is not easy to get money for your business these days. Predatory lenders with their exorbitant interest rates are there, seemingly everywhere you look, waiting to destroy your credit with inquiries. Not so with Lendio. They got me funded in less than 2 weeks at a 10% flat fee. They were professional and courteous and gave me something nobody else was offering. Application and overall process was simple. Thanks to Christian my rep, everything went perfect. He was in constant contact and was a great help. These guys are helping out the small business while the banks turn their backs to us. Thank you Lendio!

I spoke with Michael at Lendio. Dealing with lenders is not always the greatest experience. I honestly felt like I was talking to a friend. He had my best interest in mind. He was very informative and went above and beyond to help. I can honestly say I’ve never had a better experience when dealing with any financial institution. Thank you.

Michael ** was my rep for Lendio. I needed capital for my construction business and he was able to make that happen. Because of my business being considered a young business, there were a couple of sticky points that had to be resolved and Michael was great in helping me get through that process.

This was a first experience working with Lendio and Kevin ** was amazing. Not only did he work to gain my business our first business loan but he listened. He listened to our needs, our concerns, and truly found the best loan for our situation. He worked with different lenders, answered all my questions, and followed through on making sure we were satisfied with the product and outcome. I would highly recommend Kevin and would definitely bring my business back to him and Lendio.

Well my situation is pretty special. I am still in the Final Approval stages of securing a Line of Credit for my business. Hands down the best part for me is, I have been able to go thru the process at my speed. As a small business owner I am not always at a desk or have the time to get them the necessary paperwork or other needed items. They don't put crazy deadlines on me or try to sell me on "limited time offer" deals. It's my loan, it's my speed. That I thank you for, Melissa, Patrick and the rest of the Lendio Team. You've always been there for last minute questions and concerns I might have. Keep up the Quality Customer Service.

Devon, with Lendio, was very helpful in assisting me with receiving my small business loan. It was a positive experience working with him and I will gladly recommend him and Lendio to friends and family.

Devon, at Lendio, helped me a great deal in the franchise purchasing process. He went out of his way to answer all of my questions and get me in touch with the right people. I was highly impressed with the Lendio team's response time and attentiveness. Great organization!

My experience with Phillip ** over at Lendio was fantastic. This guy know his stuff and they get financing done fast. Most times the same day or day after. It's simple stress-free process. Phil is not a fund and done Broker. He follows up and returns all calls. He even gave me his cell number to contact him if it's super important. Thanks Phil and the Lendio team for being a part of my business future!!

The loan officer was extremely empathetic towards our needs and completely understood the urgency. He worked harder than anyone I have ever dealt with before and delivered, due to diligent and detailed information and resource management. Matched us perfectly to our circumstances with a lender suitable for our abilities to service the loan. This review is offered so others in similar need and circumstances can contact Lendio and ask for Devon ** by name.

When I originally came to Lendio I was skeptical due to not using an online service to secure funding other than a daily payment loan a few years ago. When I started the process I KNEW I had found the right guys. Devin ** had my family run business Funded in 2 business days. NOT A SINGLE CENT CHARGED ON A FEE from Lendio at all. They do all the work and I now have a monthly payment funding program that not only allows me to expand and hire but also starts a relationship with a fantastic company! Thank you Lendio and thank you Devin **! If you're skeptical EVEN A LITTLE like I was JUST TRY IT OUT!! They really just want to show you your options!

This company is a scam. They claim to be a free service but I found out they are 10-15% more on top on the interest I am already paying. They take a 22% interest and make it into 35% interest to line their own pockets. The owner Brock Blake is also a scam artist who has run shady companies like this in the past. DO NOT DO BUSINESS WITH THIS COMPANY. THEY ARE ROBBING YOU OF YOUR MONEY. It is better to go directly to the lender and save yourself 10-15% of what you would normally pay.

My experience was initially like anything I do with big decisions with my "baby" was hesitancy to work online, but I had spoken with a couple people in my business network that Lendio was the true deal. I gave them a shot but not before I had already gone to 3 other major lenders shopping around which turned out to be a waste of time. Two lenders had one option that truly didn't fit the type of lending I was even looking for. The other bank said "no, sorry you don't fit our exact business loan requirement" and dinged my credit AGAIN! I was happy to find out Lendio doesn't do a hard pull on my credit so If I would have just gone to Lendio first I wouldn't have had 3 hard inquiries already quickly on my credit that dropped my score 15 or so points but Lendio said they have over 75 lenders so that is how they found me the best loans out there.

Surprisingly I could not find any reviews on this company, and as many articles and TV commercials as they do I found that shockingly bizarre. They are evidently a very new company. Or an old company who's doing a lot of new advertising. In either case I took a chance knowing better and I wish I had not. All they do is destroy your credit report with numerous inquiries and then offer you a loan at such an absurd loan shark rate it's laughable. I was offered $45,000 for my business, at 125% interest rate, due back in NINE MONTHS, no longer terms available... To add insult to injury, of course they want your checking account information so they can grab their money out.