United Financial Services Group vs Lendio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of United Financial Services Group vs Lendio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	United Financial Services Group Franchise	Lendio Franchise
Investment	$202,000 - $261,000	$30,150 - $117,100
Franchise Fee	$30,000	$28,000 - $46,000
Royalty Fee	0.2%	to4K/mo.
Advertising Fee	-	2%
Year Founded	1977	2011
Year Franchised	1991	2016
Term Of Agreement	15 years	-
Term Of Agreement	15 years	-
Renewal Fee	25% of then current fee	-
Business Experience Requirements
	United Financial Services Group Franchise	Lendio Franchise
Experience	General business experience Marketing skills	- Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital
Financing Options
	United Financial Services Group Franchise	Lendio Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	-/-
Start-up Costs	No/Yes	-/Yes
Equipment	No/Yes	-/Yes
Inventory	No/Yes	-/Yes
Receivables	No/No	-/Yes
Payroll	No/No	-/Yes
Training & Support
	United Financial Services Group Franchise	Lendio Franchise
Training	-	On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Support	Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	Co-op advertising, Ad slicks, Regional advertising	Ad Templates National Media Social media SEO Website development Email marketing
Operations	5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)	-
Expansion Plans
	United Financial Services Group Franchise	Lendio Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	No	-

Company Overviews

About United Financial Services Group

As one of the oldest franchisors of this model, United offers established operating procedures, proven products and services, solid training and support, a well-founded technology platform, a professional brand identity and marketing program, and the advantages that come from years of experience. With a franchise, you spend the majority of your time developing your business rather than figuring out how to operate it. Our turnkey system helps you develop the appropriate retail environment, master the operations, promote your business and stay up to date with the evolving environment.

United’s proven franchise system is an integrated program designed to make your entrance into the money service business easier than doing it on your own.

United Financial Services Group was founded in 1977 and began franchising in 1991. It has more than 80 locations throughout the United States and is based in Philadelphia.

About Lendio

Lendio makes business loans easy by helping small business owners skip the leg work of looking for a small business loan. Instead of filling out dozens of applications, one application is all they need.
As a Lendio Franchisee you will be able to help small business owners find the loan they need to grow their business by leveraging Lendio’s business loan marketplace. By helping your clients complete a single application, they will be reviewed by over 75 lenders, taking the headache of loan applications out of the equation!