Lendio Reviews in June 2025: User Ratings, Pros & Cons

Easy to work with but read the fine print.

My connection was kind and very helpful. He made itv very easy to close with him. But, he didn't understand all the terms of the deal he quoted me initially, so it felt like a bait and switch. That was disappointing.

Alexander Spafford was amazing

Alexander Spafford was amazing and really helped us out. We’ve been in business for 32 years. Our industry has undergone massive change. In order to manage keeping up, we needed some capital. When we were about to give up, Alex came back with another plan. We are very grateful.

KYLE AND THE TEAM AT LENDIO MADE THE…

KYLE AND THE TEAM AT LENDIO MADE THE PROCESS EASY AND VERY QUICK TO GET A LINE OF CREDIT FOR MY BUSINESS. I DEFINITELY RECOMMEND USING THEM AND WILL CONTINUE USING THEM FOR FUTURE LOANS NEEDED. THANK YOU FOR ALL OF YOUR HELP.

Professional, experienced and efficient

I had a great experience working with Bill, He guided me through a process that has helped increase my business’s overall capability. I can’t thank Lendio enough.

Easy process

Easy process. Knowledgeable staff

Easy process

Easy process. Knowledgeable staff

Professional, experienced and efficient

I had a great experience working with Bill, He guided me through a process that has helped increase my business’s overall capability. I can’t thank Lendio enough.

Not your best option for business financing

While I don't find fault that what loans available weren't what I was looking for, I was told there would be additional options looked into and I never heard back after that. Until that point I was contacted frequently with updates and offers of potential financing. Can't say it was worth it for only a LOC that has an insane interest rate of over 50% a year. I feel that once I accepted one form of financing then my original requests were no longer a priority.

The process was so simple

The process was so simple . Getting funded was easy . Everything about working with you guys was great !!! Would highly recommend lendio looking to get funded. . Payment terms were reasonable and the staff was great !!! All in all really satisfied!

The process was so simple

The process was so simple . Getting funded was easy . Everything about working with you guys was great !!! Would highly recommend lendio looking to get funded. . Payment terms were reasonable and the staff was great !!! All in all really satisfied!