lendio Franchise Review
lendio is graded based on our most recent research.
Franchise FactsLendio is a business that assists in obtaining loans and other short-term and long-term financial products.
How much does a lendio franchise cost?lendio has a franchise fee of up to $46,000, with a total initial investment range of $30,150 to $117,100.
- Initial Franchise Fee: $28,000 to $46,000
- Total Investment: $30,150 to $117,100
- Working Capital: $1,500 to $12,000
- Royalty Fee: 70.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a lendio franchise make?Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 56 franchised lendio locations in the USA.
Are there any lendio franchise opportunities near me?Based on 2020 FDD data, lendio has franchise locations in 23 states. The largest region is the South with 19 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
lendio Franchise Stats
$30,150 - $117,100
$28,000 - $46,000
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 40 hours. This includes 40 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.