The representative explained the loan offers very clear. We went through or options 2 times. Based on his recommendation and explanation I went with his choice which seemed to be the best one. It turns out his explanation was incorrect. Got hit with an $1800 charge right away without even using the credit line. My fault for trusting lendio, double check with the actual lender to see if the terms match what lendio states is my advice.
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Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform. The Lendio Marketplace matches business owners with funding from over 75 lenders and financial partners, all through one simple online application. Lendio’s Embedded Marketplace brings this experience seamlessly to small business service providers’ ecosystems, allowing them to embed a full loan application and funding solution within their platform. For banks and lenders, Lendio’s purpose-built software integrates within their tech stack to automate small business loan decisioning, underwrite applicants, and connect financial institutions with curated applicants from Lendio’s direct and embedded marketplaces. With a single technology platform, Lendio is fueling the dreams of small business owners wherever they seek capital.
Since 2011, Lendio has facilitated more than 400,000 small business loans and other financing options totaling over $16 billion.See more
