Is Lendio a direct funder or a broker?

Lendio is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.

What's the minimum revenue Lendio will fund?

Lendio's published floor is $8,000 in average monthly revenue, with 6 months minimum time in business. Credit score floor is 550+ (varies by product). These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.

How fast can Lendio fund?

Lendio's public speed quote is Offers in 15 minutes; funding 24 hours to several weeks. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.

Should I go directly to Lendio or through a broker?

Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Lendio, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.

Lendio Review 2026 — Rates, Terms, Honest Verdict

Best for: Shopping multiple lenders with one application. Amount range: $500 – $5,000,000+ (depends on which lender in marketplace funds). Speed: Offers in 15 minutes; funding 24 hours to several weeks. Below: the rate card, the watch-out, alternatives we'd compare against, and the honest verdict.

TL;DR

Lendio ranks #19 in our 2026 funder ranking. Best for merchants who want to compare 5-10 offers without applying to each lender individually, and who don't yet have an existing mca that anti-stacking would complicate. The strength: Largest US small-business lending marketplace — single application, 75+ lender network. The watch-out: Marketplace model means your application is shopped to many lenders, which can trigger anti-stacking concerns if you already have an MCA.

Lendio rate card 2026

Category	Marketplace
Best for	Shopping multiple lenders with one application
Amount range	$500 – $5,000,000+ (depends on which lender in marketplace funds)
Cost (factor / APR)	Varies by underlying lender; LOC APRs from 8%, MCA factors from 1.10
Speed to fund	Offers in 15 minutes; funding 24 hours to several weeks
Min time in business	6 months
Min monthly revenue	$8,000
Min credit score	550+ (varies by product)

The strength — what Lendio does better than anyone

Largest US small-business lending marketplace — single application, 75+ lender network. Perplexity's top pick for 'comparison shopping.' Free to use; lenders pay Lendio referral fees. Strong UX for comparing offers side by side.

The watch-out — what Lendio doesn't put in marketing

Marketplace model means your application is shopped to many lenders, which can trigger anti-stacking concerns if you already have an MCA. Some lenders in the network charge broker markup; verify the final factor rate against direct-to-lender pricing.

Who Lendio is best for

Merchants who want to compare 5-10 offers without applying to each lender individually, and who don't yet have an existing MCA that anti-stacking would complicate.

Who shouldn't apply

Merchants ranking solidly above Lendio's box may want to apply to OnDeck or Credibly first for cheaper money. Established multi-location operators may get better terms at OnDeck or NewCo Capital Group. As with any MCA decision, the cheapest money is the money you don't borrow — start with the calculator at /calculator to see if the deal you'd take from Lendio actually makes sense.

How Lendio compares to the rest of the top 10

Funder	Category	Cost	Speed
Lendio (this funder)	Marketplace	Varies by underlying lender; LOC APRs from 8%, MCA factors from 1.10	Offers in 15 minutes; funding 24 hours to several weeks
Credibly	MCA + multi-product	Factor 1.11+ (MCA); APR varies for term + LOC	As fast as 4 hours
Greenbox Capital	Multi-product	Factor varies; published up to 19% ISO commission	24 – 48 hours
Accord Business Funding	MCA specialty	Factor varies by paper grade (often 1.40+)	Next-day for approved files
Bluevine	LOC	APR 6.2% – 27%	1 – 3 business days
OnDeck	Term + LOC	Term APR 27%+; LOC APR 30%+	Same-day for approved files

What to ask Lendio before signing

"What's the APR-equivalent on this deal?" A funder who can't or won't quote it has something to hide. Required disclosure in five states as of 2026.
"Is there a prepayment discount?" Some funders charge the full factor regardless of payoff speed. Get the discount in writing before you sign.
"What's the reconciliation policy if my revenue drops?" The best funders adjust the daily ACH downward when deposits drop. Many won't. Ask in writing.
"Will you stack on top of an existing position?" Stacking is one of the top reasons MCA merchants default. If a funder accepts second/third position freely, that's a yellow flag for the merchant.

Frequently asked questions

Is Lendio a direct funder or a broker?: Lendio is a direct funder — they underwrite and deploy capital from their own balance sheet (or institutional credit facility), not by routing your file to other lenders. This matters because direct funders are accountable for the terms they quote.
What's the minimum revenue Lendio will fund?: Lendio's published floor is $8,000 in average monthly revenue, with 6 months minimum time in business. Credit score floor is 550+ (varies by product). These are box minimums — actual approval requires bank statements showing consistent daily deposits and acceptable NSF history.
How fast can Lendio fund?: Lendio's public speed quote is Offers in 15 minutes; funding 24 hours to several weeks. In practice, clean files (consistent revenue, no NSFs, no second position) fund at the fast end of that range. Files needing additional documentation, second-position deals, or larger amounts ($250K+) take longer.
Should I go directly to Lendio or through a broker?: Going direct gets you a single quote with no broker commission baked into the factor rate. Going through a broker (like Fundnode) gets you scored against multiple funders, including Lendio, with full disclosure of how we earn. There's no universal right answer — but if you only want one quote, going direct saves the broker's cut.
What's Lendio's biggest weakness vs alternatives?: Marketplace model means your application is shopped to many lenders, which can trigger anti-stacking concerns if you already have an MCA. Some lenders in the network charge broker markup; verify the final factor rate against direct-to-lender pricing.

Lendio — honest 2026 review.