Lendio: what it publishes and how to evaluate an offer

What the provider publishes

Lendio publishes that it connects businesses to lenders and funders and does not directly make loans.

Terms come from the downstream provider; a comparison should address market access and the eventual provider’s terms rather than treat Lendio as one uniform loan.

Source: Lendio homepage, observed September 27, 2026. Provider pages change; re-check before relying on them.

Structures involved

• Marketplace access to lenders and funders across structures

Each structure is priced and repaid differently. See how the structures compare.

Questions to ask before you apply

• Ask how many providers will see your application and how offers are presented.
• Evaluate each resulting offer with the same written total-cost method.
• Who is the contracting party on the agreement, and is it a loan or a purchase of receivables?
• At what stages is credit checked, and is it a soft or hard inquiry?
• What is the total dollar cost, the payment amount and frequency, and the term?
• What happens if you repay early, and what happens in a slow month (reconciliation or interest-only options)?
• Are there origination, draw, maintenance, or closing fees, in dollars?

How to compare a written offer

Put the amount, factor rate or APR, fees, and term into the factor rate calculator to get total cost, payment size, and an estimated APR on stated assumptions. Then compare against any other written offer on the same basis. A provider’s marketing page cannot be compared; only its written offer can.