Nectar Mortgages vs Lendio Franchise Comparison

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

Start-Up Costs and Fees
	Nectar Mortgages Franchise	Lendio Franchise
Investment	$100,000 - And Up	$30,150 - $117,100
Franchise Fee	N/A	$28,000 - $46,000
Royalty Fee	-	to4K/mo.
Advertising Fee	-	2%
Year Founded	-	2011
Year Franchised	-	2016
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	Nectar Mortgages Franchise	Lendio Franchise
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
	Nectar Mortgages Franchise	Lendio Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	-/-	-/-
Start-up Costs	-/-	-/Yes
Equipment	-/-	-/Yes
Inventory	-/-	-/Yes
Receivables	-/-	-/Yes
Payroll	-/-	-/Yes
Training & Support
	Nectar Mortgages Franchise	Lendio Franchise
Training	-	On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Support	-	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing	-	Ad Templates National Media Social media SEO Website development Email marketing
Operations	-	-
Expansion Plans
	Nectar Mortgages Franchise	Lendio Franchise
US Expansion	-	Yes
Canada Expansion	-	-
International Expansion	Yes	-

Company Overviews

About Nectar Mortgages

We want to be the #1 mortgage brokering business in Australia as judged by our most valued critics - our customers!

Our focus on delivering world-class customer service directs everything we do at Nectar, and since launching in 2013, we’re proud to have helped thousands of satisfied customers across Australia achieve fantastic financial outcomes.

Nectar exists because we believe that there's a better way of doing mortgage brokering. Most mortgage brokers are part of a group, but they tend to think and act independently. This means the actual experience you'll have from broker to broker varies enormously, even if they present you with the same options. At Nectar we believe that customers should not only get the right loan for them, but have a consistently great experience regardless of the broker. We call this 'The Nectar way'. With a Nectar broker working for you, you can expect: *Great service and support every step of the way - not just during the application process, but as long as you have a mortgage *A streamlined approach to the application process *Help completing the required documentation *All this - at no cost for our services

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!