Tento Reviews
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About Tento
Tento makes financial wellness tools to grow your business. From working capital to equipment financing and more, we're here to help you grow your business for the long-term and build good credit on the way.
- Fast approval times
- Data insights provided
- Business credit monitoring
- No interest for 30 days
- Only in business since 2022
- Only two loan products offered
- Fees and requirements unclear
Our editor’s take on Tento
Tento is a modern fintech company for businesses needing quick access to capital. Its reliance on data and analytics to drive financing decisions marks a shift from traditional lending.
But as a relatively new player in the market, Tento doesn't yet have a long history to back its services. Because of this, it’s best suited for business owners who are comfortable embracing newer, technology-driven financial services, as well as those who prioritize speed and flexibility over established industry presence.
Tento products
Tento offers two products: working capital loans and equipment financing.
- Working capital loans are designed to boost your business's everyday operations and have no usage restrictions. Rather than offer working capital loans directly, Tento searches over 50 business loan lenders to help you find the one with the best rates and terms.
- Equipment financing is for businesses that need funding to purchase new equipment or technology. Usually, rates are lower than working capital loans because the equipment itself serves as collateral if you can’t make your payments.
| Working capital loans | Equipment financing | |
|---|---|---|
| Interest rate | Starts at 8% | Starts at 5.99% |
| Loan amounts | Up to $500,000 | Up to $500,000 |
| Loan terms | 12 to 36 months | 3 to 60 months |
| Approval time | Within 2 hours | Within 4 hours |
| Funding time | Same day | Same day |
| Repayment options | Monthly, weekly or daily | Monthly, quarterly, annual, semi-annual or seasonal |
Tento rates
Tento makes borrowing accessible with competitive rates for its financial products. For working capital loans, rates start at 8%, while equipment financing begins at a lower rate of 5.99%. Plus, Tento offers an appealing 30-day no-interest period on its loans. The annual percentage rate (APR) you'll pay depends on factors like your FICO score and your business's overall stability.
Tento fees
Tento doesn’t disclose any information about fees on its website. It's always recommended to ask about potential fees upfront to avoid surprises later on.
How to apply for a Tento loan
To apply for a Tento loan, you’ll fill out a brief online application form and provide some basic documentation. For most loans, this includes the last three months of business bank statements. If you're applying for equipment financing, you'll also need a quote for the equipment you're looking to purchase.
Tento takes into account both your business and personal credit. While it doesn’t specify a minimum credit score, having a solid credit history could improve your chances of getting a better rate.
How does Tento compare?
While Tento offers lower rates, larger loan amounts and longer term lengths than some of its competitors, it lacks transparency regarding fees and eligibility. Here’s how Tento’s working capital loans compare to two other lenders, Credibly and OnDeck.
| Company | Customer rating | Rate | Loan amounts | Loan terms | Min. credit score | Min. time in business | Min. annual revenue | |
|---|---|---|---|---|---|---|---|---|
 | 4.8 | Starts at 8% | Up to $500,000 | 12 to 36 months | 600 | 1 year (WC), 2 years (EQF) | $250,000 (WC), $350,000 (EQF) | Learn More |
 | 4.6 | Starts at 10% | $5,000 to $400,000 | 3 to 15 months | 500+ credit score | 6+ months in business | $180,000+ in annual sales | Learn more |
 | 1.0 | Average rate is 60.9% | $5,000 to $250,000 | 12, 18 or 24 months | 625+ credit score | 1+ year in business | $100,000+ in annual sales | Learn more |
Tento FAQ
What credit score do I need for a Tento business loan?
Tento doesn't specify a minimum credit score requirement for its business loans because it considers factors like your business performance and revenue. This approach allows the company to lend to a broader range of businesses.
What’s Tento’s phone number?
Tento doesn’t have a customer service phone number listed on its website, which means you won’t be able to speak to a representative if you have issues with your loan. Instead, it offers an email address for inquiries.
Does Tento do a hard credit pull?
No. Tento only does a soft credit check to determine your eligibility for a small business loan.
Is Tento legit?
Tento was founded in 2022 and is headquartered in San Diego, California. There is limited public information about the total amount of loans it's funded or how many loans it's approved. However, despite Tento’s short time in the industry, it appears to be a legitimate business lending service.
Tento Reviews
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- 4,626,608 reviews on ConsumerAffairs are verified.
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Reviewed Feb. 11, 2025
Tento is a great company with very efficient and caring individuals. My loan process was a very easy. Andrew P is very knowledgeable and always available for any questions. I will continue to use their service and I recommend them to any growing Business in the market of today. You will not regret giving them a chance. They make miracles happen. Call Tento Now.
Pro Construction and Development Maine Usa
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Reviewed May 15, 2024
My experience with Tento has been positive. The gentleman I worked with has been great. I've been dealing with Andrew for almost 20 years now. It's been a very easy working relationship. He's always been able to help me when I needed help with something and made the process as streamlined as possible. In my business, time is money. So, anything that makes things quick and easy is the way we like to do it. I can talk to him and tell him the situation and he figures out a way to get it done.
We're a construction company and I understand the importance of relationships with customers. Andrew and I have a very good relationship, and that's the main reason I do business with Triton is because of my relationship with Andrew. He's been a good person to do business with and I've never had an issue. They've helped me when I've needed help on financing issues and it's helped me grow the business, and the result has been bigger. Over the years, the deals have gotten bigger than what we originally started with. Hopefully, that'll continue into the future.
Hey Sean! We couldn't agree more that time is money. Thank you for working with us and we can't wait to work with you again!
Reviewed May 7, 2024
Tento financed some equipment for us. They were good and made the process easy for me. I've got another piece of equipment that they're going to finance for me. They were asking me if I wanted to tie the two together. I told them to keep it separate and they were okay with that. If I got more to do, which we probably will later on down the road, I will contact them first.
Thank you for your review, James! We're pleased everything went seamlessly for you. Looking forward to working together again!
Reviewed April 1, 2024
I called this guy at Tento and he was good as he could get. I had his text message number and several times we talked after hours. The application process was really easy and it was all him doing the extra effort. The approval took a week and a half, which was a little slow on my end because I was working and it wasn't a priority. Then, from application to funding, it took a couple of weeks, which was pretty quick. They would be the ones I would call if I needed something next time.
Thank you for the kinds words, Jeffrey! We're as dedicated as can be about making it easy on your end. Glad we could deliver. Hope to work with you again soon!
Reviewed April 1, 2024
Tento was great. I worked with a rep, Andrew, and he was wonderful and very attentive. The application process was online, and it was very simple. I just uploaded three documents for our bank statements.
Hey Rachel! Thanks so much for the kind words. Can't wait to work with you again!
Reviewed March 5, 2024
I like Tento. They have competitive rates and I enjoy dealing with them. They were simple, easy and they did a good job. The guy I dealt with was fantastic. He would answer the phone all the time. I didn't have to leave a message and wait. And it's hard to get ahold of anybody these days. I even have his text so I could text him. I could also call him on his cellphone. I could reach him when I needed to.
Hi, David thanks so much for working with us! We LOVE simple and easy and we're glad we could deliver for you. Hope you work with us in the future :)
Reviewed Feb. 18, 2024
Tento was very professional. Applying was simple and easy. The way it should be. I talked to the guy directly, and I forwarded my information to him so he could approve me. I saw the offers the next day. So, it was a very quick turnaround. It made things simple and easy because I don't have a lot of free time.
"Easy and simple" is our middle name, David. Well, not legally of course, but in spirit, yes! We hope to work with you again soon!
Reviewed Feb. 18, 2024
I recently did a loan with Tento for an excavator. The lending process was good and very quick. I went through Fundera and they referred me to a gentleman who was directly working for Trenton. He gathered some information from me over the course of a week, went back and forth, and the loan was funded fairly quickly and effectively. Tento had one person who was assigned to me who was very good about getting back with me and going back and forth with me through the loan process.
The thing with business funding in general, in this particular case as well, is the access to the account afterward. With the day and age that we're in, I should be able to pull my account up and, "Okay, here's my loan account for this. Here's what my balance is." I should be able to make payments online. It's a little awkward. It doesn't seem like I have all the information. I had the loan docs that Tento sent over to me digitally, but it doesn't appear that I have a way to get in and see what the status of that loan is online. When I inquired about that, they said they didn't have that ability.
A bit of sneakiness comes in with lending where they almost don't want you to have direct access. They just wanna keep taking your money. I found that out with another loan process I went through. I was like, "Why isn't this easier? Just like our credit cards where you can get online and make payments." It was like, "If you wanna see your loan documents and know where you stand, you have to knock on this special door three times." Working with the company allowed us to move quickly on a piece of equipment that we knew it was a good deal and would be gone if we didn't get the funding quickly. So from that end, it was a positive experience. The whole process of getting the loan and going through the loan process was very helpful and the gentleman that helped me with it was very wonderful to work with. They could just have more transparency on the back end of the process.
Hi Jennifer, we're very sorry you feel that way about your experience! Unfortunately some of our lending partners do not have a customer facing portal to check every day items and remit electronic payments. We 100% agree with you this should be offered and apologize for any inconvenience this has caused you.
Reviewed Feb. 16, 2024
We needed more equipment and Tento was easy to deal with, and we had quick approvals. The online application process was very quick and simple. Tento gave us different routes we could go and that worked out best for us. I went with my loan officer, gave them the paperwork they asked for, and we had approval within four days. After we got funded, it was within 24 to 48 hours from when we got the approval to when it was financed.
We love to hear the words 'quick and simple', Adam! We hope to work with you again soon :)
Tento Company Information
- Company Name:
- Tento
- Website:
- www.tento.co
