Lendio Business Loans
Lendio makes getting a business loan simple. The corporate office is headquartered in Utah. They provide business loans to thousands of small businesses every year.
The Lendio business loans process is easy. They will match your business with the best loans on their lending platform. This includes a large selection of over 50 lenders. It really reduces the hassle factor of having to apply at multiple lenders.
How Does The Lendio Loan Application Process Work?
To start you will visit the Lendio Business loan marketplace for small business owners at Lendio.com.
Once you get to the site, you will answer some easy questions. They will want to know the total amount on the loan you will be applying. Then you will answer how long you have been in business. Other questions include your monthly sales and estimated credit score. You will then see a list of your options for business loans.
Then choose the right loan for your business. It’s really that easy.
What Types of Business Loans?
Small Business Loans
Lendio offers several different SBA loan products that include SBA 7a, SBA 504, and SBA Express. Loan amounts range from $35,000 – $5,000,000.
Term Business Loan
Typically a term loan is for an established business. This can include expanding a business or capital improvements. It could also include an equipment purchase.
Short Term Loan
A short term loan is used for a business opportunity or to cover cash flow needs. These can range from $2,500 – $250,000 and are generally 1 to 5 years in length.
They also have multiple startup loan products to help your startup business get the capital it needs to expand.
Loans For Women
Women entrepreneurs and business owners are one of the fastest growing segments of small business. Lendio makes is easy for women to receive the loans they need to expand their business.
Peer to Peer Lending
This is an alternative to regular lending and is where a borrower receives a loan from another individual rather than a bank or lending institution.
How Do I Apply For A Lendio Business Loan?
You can visit their website at Lendio.com
Where is Lendio Located?
We have included the official address below.
10235 South Jordan Gateway
South Jordan, UT 84095