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Business FinancingEditor's ReviewSponsored

Lendio Review

75+ Business Loan Options, One Application

4.5/ 5.0
Lender Network75+ lenders
Pre-QualificationNo hard credit pull
Funding SpeedAs fast as 24 hours
Loan TypesSBA, LOC, equipment, term

Top Pick · Business Financing

Lendio

75+ lenders · SBA loans · lines of credit

No credit impact
See My Options
CalcMoney Editor's Take

Lendio functions as a business loan marketplace — you fill out one application and it routes to 75+ lenders simultaneously, including SBA-approved lenders, lines of credit providers, and equipment financing specialists. For founders and business owners who don't have time to shop individual banks, it compresses weeks of outreach into a single form. The funding speed for term loans (as fast as 24 hours for some lenders) is genuinely useful for time-sensitive needs.

Pros

  • One application reaches 75+ lenders simultaneously
  • Includes SBA loan options (lowest rates for qualifying businesses)
  • No hard credit pull to see options
  • Dedicated funding manager guides the process
  • Wide product range: term loans, lines of credit, equipment, invoice factoring

Cons

  • Origination fees vary significantly by lender
  • Not all lenders available in all states
  • SBA loans require more documentation and longer timelines

Best For

Founders with under 9 months of runway who need capitalBusiness owners comparing SBA vs conventional loan optionsAnyone who needs multiple loan quotes without multiple hard pulls

Run the Numbers First

NW$1.8M73rd percentile
Business Valuation Calculator
RWY18 morunway
Startup Runway Calculator

Ready to Get Started?

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Advertiser Disclosure: CalcMoney may earn a commission if you open an account or apply through links on this page. This does not affect our editorial ratings or recommendations.

Loan approval, rates, and terms are determined by individual lenders, not Lendio. CalcMoney is not a lender.