Lendio, Inc. (marketplace, NMLS ID 1998423)
Lendio Review 2026
One application routed to 75+ lenders — a marketplace, not a direct lender.
Quick answer
Lendio is a small-business loan marketplace (NMLS ID 1998423), not a direct lender — one application routes to a network of 75+ lenders covering term loans, lines of credit, SBA loans, equipment financing, and more. Its site publishes per-product 'as low as' rate floors (e.g., term loans from 6%, lines of credit 8%–60%), but those are best-case numbers for the strongest applicants; most borrowers will see a higher effective rate once matched to an actual network lender.
Who Lendio is best for
Business owners who want to compare offers across many lenders and products with a single application instead of applying individually.
At a glance
- Loan amount
- $1,000 to $1,000,000+ across the network (varies by product)
- Rates (published 'as low as' floors, not typical rates)
- Line of credit 8%–60% APR; term loan 'as low as' 6% APR; SBA loan Prime+; other products range 3%–31%
- Term
- Not a single range — varies by product and by which network lender funds the loan
- Min credit
- Not a single minimum — varies by which of the 75+ network lenders makes the match
- Time in business
- Not a single minimum — varies by network lender and product
- Funding speed
- As little as 24 hours for some products; Lendio notes this depends on the product and 'may be longer'
lendio.com, verified August 19, 2026
lendio.com/business-loans/, verified August 19, 2026 — Lendio's own caution: these 'as low as' floors apply only to the strongest borrower profiles; most applicants see a higher effective rate.
lendio.com/business-loans/ product grid; Lendio's FAQ states terms 'will vary depending on the type and location of your business.'
lendio.com — no single figure published because Lendio itself doesn't underwrite.
lendio.com
lendio.com
Pros
- +One application reaches a network of 75+ lenders and financial partners
- +Broadest product menu of any listing here: term loan, line of credit, SBA, equipment financing, AR financing, revenue-based financing, commercial mortgage, startup loan, and business credit card
- +Loan amounts span the widest range in this roundup ($1,000 to $1,000,000+)
Cons
- −Not a direct lender — Lendio is a marketplace/broker (NMLS ID 1998423) and does not make credit decisions itself
- −Published 'as low as' rates are best-case floors for the strongest files, not a typical offer
- −No single credit score, time-in-business, or revenue minimum — depends entirely on which network lender responds
Lendio requirements
- Varies by network lender and product
- No single published credit-score, time-in-business, or revenue floor
Lendio alternatives
Top alternatives worth comparing from Best Small Business Loans 2026.
OnDeck Capital, Inc.
OnDeck
Established businesses (1+ year, $100K+ revenue) that want speed and can tolerate a high-APR average.
Bluevine
Bluevine
Businesses that want a revolving credit line from a well-capitalized fintech and value fast (even instant) access to funds.
Fundbox, Inc.
Fundbox
Newer or thin-file businesses that can show 3+ months of business-checking history and want the lowest revenue bar on this list.
Ready to apply?
Application takes minutes. Pre-qualification (where available) uses a soft credit pull with no impact to your credit score.
Apply at Lendio, Inc. (marketplace, NMLS ID 1998423)→Last verified at the issuer on 2026-08-20
The full lineup
See all picks in Best Small Business Loans 2026
Editorial methodology + complete ranking criteria + side-by-side comparison of all picks.
Read the full guide →Bottom line
Lendio scores 3.9 / 5 on the ClearValue Rating — a deterministic editorial composite from the product's own published fees, terms, and eligibility. Best for: Business owners who want to compare offers across many lenders and products with a single application instead of applying individually.
◆ How we scored it
The ClearValue Rating, broken down.
- Cost
- 35%
- Fit & approval odds
- 30%
- Speed & terms
- 20%
- Transparency
- 15%
Cost (35%), Fit & approval odds (30%), Speed & terms (20%), Transparency (15%) — scored consistently across every product, independent of compensation. Full methodology →
Related guides
Independent editorial review. ClearValue Lending is a business & personal financing platform — not a lender, broker, or financial advisor. Some links are affiliate links; the issuer may pay a referral commission at no cost to you, which never changes the score. Specific product terms vary; verify with the issuer before applying. See privacy policy.