Interface Financial Corp. vs Lendio Franchise Comparison

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

Start-Up Costs and Fees
	Interface Financial Corp. Franchise	Lendio Franchise
Investment	$86,800 - $137,800	$30,150 - $117,100
Franchise Fee	$34,500	$28,000 - $46,000
Royalty Fee	8%	to4K/mo.
Advertising Fee	-	2%
Year Founded	1971	2011
Year Franchised	1991	2016
Term Of Agreement	10 years	-
Term Of Agreement	10 years	-
Renewal Fee	-	-
Business Experience Requirements
	Interface Financial Corp. Franchise	Lendio Franchise
Experience	General business experience	- 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
	Interface Financial Corp. Franchise	Lendio Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/No	-/-
Start-up Costs	No/No	-/Yes
Equipment	No/No	-/Yes
Inventory	No/No	-/Yes
Receivables	Yes/No	-/Yes
Payroll	No/No	-/Yes
Training & Support
	Interface Financial Corp. Franchise	Lendio Franchise
Training	Ongoing + On-The-Job Training: 16+ hours Classroom Training: 16 hours Additional Training: By phone/Skype	On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Support	Newsletter Meetings/Conventions Toll Free Line Online Support Field Operations Proprietary Software Franchisee Intranet Platform	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	Ad Templates Website development	Ad Templates National Media Social media SEO Website development Email marketing
Operations	Franchise can be run from home. International franchisees required to buy multiple units/master licenses Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	-
Expansion Plans
	Interface Financial Corp. Franchise	Lendio Franchise
US Expansion	Yes	Yes
Canada Expansion	No	-
International Expansion	Yes	-

Company Overviews

About Interface Financial Corp.

John T. Sheehy founded The Interface Financial Group in 1972 to help small businesses with their cash flow needs. The franchisees' mission is to provide short-term working capital for small businesses through invoice discounting (factoring). There is no minimum or maximum amount of financing. The company has a co-branding relationship with Ledgers Professional Bookkeeping.

The Interface Financial Group harnesses the power of technology to provide working capital solutions for the largest corporate buyer, the smallest supplier, and everyone in between.

For nearly fifty years we’ve provided billions of dollars in reliable and affordable funding.

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!