We are not lenders, but rather the vehicle to the lenders. We are the biggest advocates in helping small business owners find the working capital they need to grow their business.
Each day small business owners and entrepreneurs roll up their sleeves, create value, and breath life into their communities. Their positive contribution to their communities is what keeps our economy strong.
Are you passionate about seeing small businesses grow? Together, we can be a powerful force in fueling the American dream and have a positive impact on the U.S. economy.
Fuel for small business owners and their dreams often comes in the form of financial capital; but since the 2008 financial crisis, accessing this fuel has been a big problem. Now more than ever, small business owners need alternative sources of funding.
Life changing opportunities present themselves when we are in the right place, at the right time, possessing the right tools, skills and mindset. By joining the Lendio Franchise community, you will receive the tools to help you improve your skills. All we ask is that you bring the right mindset. Then, together we will fuel the American Dream by bringing powerful solutions to a problematic market.
Disruptive innovation creates new markets and reshapes existing ones. The goal is to be the disruptor, not the disrupted. The Alternative Lending market is reshaping the way Small Business Owners think about securing funding. Year over year growth in 2014 and 2015 was 261% and 252%, respectively, with much more room for growth in the immediate future. As the Nation’s leading marketplace for small business lending, Lendio is at the center of this reshaping and disruption.
Unlike most other franchise opportunities, Lendio’s start-up costs are significantly lower. This enables us to partner with the right people who are the best fit instead of who has the most money. If you’ve always dreamed of owning a franchise and running your own business, this may be your golden opportunity to let your skills shine, regardless of what’s in your bank account.
Sometimes loan applications can feel like you’re navigating through a minefield. With Lendio’s proprietary tools you can now automate the bulk of the heavy lifting, allowing you to find the right loans for your clients without spending hours trying to understand each lender’s requirements. One application from your client is all you’ll need for them to be reviewed by over 75 lenders!
Unlike other industries, the small business loan industry remains in play, even during economic downturns. In some cases, a small business’s need for capital may only intensify in a struggling economy. The advantage of Lendio’s platform is that since we are not the lender but rather a marketplace connecting dozens of lenders, if a lender begins struggling, we simply remove them from our platform and find other best-in-class Lenders to take their place. As long as small businesses need funding and banks and other alternative lenders are looking to lend, Lendio will be at the center of streamlining that process.
As a franchisee, you will have the support of many well known companies who promote and recommend Lendio. Lendio has partnered with prominent companies such as UPS, Staples, and GoDaddy. Their #1 choice for small business owners seeking funding is the Lendio Marketplace.
When 40% of small business owners consider outside funding to help them grow, but 80% of loan applications with traditional lenders are turned down, there is a definite need and market for alternative lending sources! Lendio’s franchise opportunity allows you to make a real difference with these business owners who are seeking additional capital to grow their business.
Roughly 70% of small business owners aren’t even aware that alternative lending exists, and many still thinking funding sources can be local only
Lendio has numerous marketing strategies to continuously raise awareness around our business loan marketplace, so you will be starting a franchise with a recognized brand. As a franchisee, you know your local community, and as you build your network through referral partnerships and local marketing, you’ll be able to introduce many Small business owners to the Lendio Marketplace.
With so many loan options available, without the proper tools, it could take a Small business owner weeks to learn about each small business loan and lender and decide which is best for their individual needs. This can get tedious and overwhelming, leaving the business owner without the funding they need.
Lendio’s business loan marketplace simplifies the process, removing the complexity factor from the equation. Lendio franchisees connect two parties to a mutually beneficial arrangement but without the hassle. Think of the lenders as the financial fuel, small business owners as the engines of the American economy, and the franchisee as the gas station that is able to make it all happen.
Instead of needing a new application for each lender, Lendio’s platform makes it so your clients only need to fill out a single application for 75+ lenders. With your help and guidance, they will no longer have to spend days or weeks shopping around but will instead have the ability to choose an option that best fits their business needs and goals. One marketplace, one application, all in one place.
Small business owners trust individuals from their community, which is why most owners start with their local bank. Unfortunately, banks often turn them down, leaving them feeling like there is no one else they can turn to with their business needs.
As a franchise owner in your local area, that sense of trust and community is already built in through you. By bridging that gap between the online lending marketplace and the small business owners, you will help open a world of funding opportunities that they may not have otherwise considered without that personal touch.