Lendio

Who are we

What to know about Lendio franchise? Lendio Franchising, LLC offers a franchise for the operation of a Lendio® business that assists in obtaining loans and other short-term and long-term financial products and related services to owners of small businesses. The company also offers financing products and services to small businesses through its lending partners. Lendio Franchising, LLC has a proven track record of success. The company has been recognized by Inc. magazine as one of the fastest-growing companies in the United States for three consecutive years (2014, 2015, 2016). In addition, Lendio Franchising, LLC has been ranked by Franchise Times as one of the top 200 franchise systems in the United States for two consecutive years (2015, 2016). Lendio Franchising, LLC is led by a team of experienced professionals with a proven track record of success in the franchising industry. The company's management team has over 50 years of combined experience in franchising and lending. Lendio is based in Lehi, UT. Scroll down to learn more!How much does a Lendio franchise cost?Are you wondering how much is a Lendio franchise? Before starting a Lendio franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Lendio franchise is $45,650 and can go all the way up to $117,100. Keep in mind, you should also allocate additional funds to live off of while the Lendio business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Lendio franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Lendio business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Lendio franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.