Lendio Reviews

Lendio has an overall rating of 4.6 based on 104 reviews. Customer feedback on Lendio is mixed: Lendio reviewers highlight positive aspects like quick funding process, diverse loan options, helpful customer service, which strongly appeal to small business owners seeking financing. However, Lendio is often criticized for its high interest rates, complex application process, limited availability in some states.

4.6/5.0

104 reviews

5 Stars

87

4 Stars

3

3 Stars

0

2 Stars

1

1 Star

9

All Lendio Reviews (104)
tinyfrog498
February 22, 2023
"Bobby was incredibly supportive throughout the process."
The customer service, along with the dedication and integrity, was truly outstanding.
purplemouse977
February 22, 2023
"Getting a loan was a breeze with..."
Securing a loan through Lendio was a piece of cake. I checked out five other banks prior to finding Lendio. Their team has been super helpful, always quick to respond, and really knows their stuff when it comes to the different loan options. I appreciate the support for my business. You all have truly made things simpler for me, so thanks a ton once more.
ValerieHawkins
February 21, 2023
"good service"
good service
greensnake598
February 21, 2023
"Excellent service, highly recommended!"
Fantastic service, I’d give it a solid 10 out of 10! Definitely recommend it to others.
orangegoose109
February 21, 2023
"Awesome support with follow-up communications"
Fantastic service with follow-up messages, whether calls, texts, or emails. They answered all my queries.
GinaPorter
February 21, 2023
"Deception, Disarray, and More Deception"
Deception, Deception, Deception. I kicked off this whole thing in mid-December, and they assured me it would wrap up by late January. I've been shuffled between three different loan officers and keep getting the same old runaround. This morning, I got a text from the latest loan officer, Robert, telling me I needed to log in to check my loan offer. But guess what? It wasn’t there! When I reached out, Robert informed me that was just an automated message and my loan is still stuck in underwriting. Honestly, I’ve had my doubts about Lendio from the start and should’ve just gone with another option when I first realized how disorganized they are. I could’ve saved myself a whole lot of time and hassle. I WILL NEVER USE LENDIO AGAIN, and I really wish I could give them a zero-star rating.
lovekobato3
February 20, 2023
"Tailored info for my specific..."
Tailored info for my specific requirements
Emily.Moore
February 20, 2023
"Amazing experience I've had since…"
This is the best experience I've ever had! Since it's my first time, I don't really have any other experiences with these kinds of things.
IdaMills
February 20, 2023
"Totally Easy Experience!"
I had a fantastic time! I chatted with Jeremiah AuClaire, and he provided me with loan options in just a few minutes.
chelcieb1127
February 20, 2023
"Watch Out for Your Rep at Lendio - Not What They Seem"
The rep I dealt with at Lendio was not upfront and honest, feeding me misleading info to dodge the real question: "What’s this gonna cost me?"

I’m trying to grow my business, and with funds being tight these days, it’s frustrating to be misled on purpose. I asked straight up about the percentage I’d owe, and all I got was a simple 2%.

In the decade I’ve been running my small business, I’ve never taken out a loan before, as I pride myself on doing things the right way.

I felt pressured to take my first draw or risk losing my line of credit, only to find out afterward that repaying it would set me back a whopping 40%, and I’ve got just 18 months to do it. I feel cheated and deceived. What a shady experience.
EmilySoto
February 20, 2023
"Quick and Easy Experience"
This whole process was speedy, almost effortless, and really thoughtful. I'd suggest Lendio to any business owner looking for funding.
brownladybug113
February 18, 2023
"Awesome assistance"
Brady was amazing all the way through in helping me discover the perfect funding options for my business.
IanGonzalez
February 18, 2023
"Super speedy response and awesome customer support!"
I had a great experience collaborating with David. He really breaks down the process well and offered excellent service.
danielsjla0
February 18, 2023
"Fast and Simple Loan Approval Experience"
Getting my loan approved was a breeze, and the crew was super quick to respond whenever we had any questions.
JamieHansen
February 18, 2023
"Reach Out to Mr. Pixton"
You should definitely get in touch with Mr. Pixton! He assisted me in securing the funding I was after. This guy knows his stuff and is super reliable. He’s ready to step up and lend a hand. I had a fantastic experience 🤣🤣🤣. Big thanks to you, Mr. Pixton!

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