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Updated RecentlyLendio vs The Loan Consultants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lendio vs The Loan Consultants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $30,150 - $117,100 | $13,800 |
| Franchise Fee | $28,000 - $46,000 | N/A |
| Royalty Fee | to4K/mo. | - |
| Advertising Fee | 2% | - |
| Year Founded | 2011 | 1983 |
| Year Franchised | 2016 | 1983 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | No |
Company Overviews
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!
What Makes the Lendio Franchise Different
!["Disruptive]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-disruptive-market.jpg")
!["Proprietary]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-proprietary-tech.jpg")
!["Strategic]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-strategic-partnership.jpg")
Disruptive Market Proprietary Strategic
Technology Partnerships
!["Low]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-low-investment.jpg")
!["Perfectly]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-perfectly-positioned.jpg")
!["Massive]("https://www.lendio.com/wp-content/uploads/2016/10/franchise-massive-demand.jpg")
Low Investment Perfectly Positioned Massive Demand
Veteran Incentives 10% off franchise fee
#272 in Franchise 500 for 2020.About The Loan Consultants
!["The]("http://loanconsultants.com/wp-content/uploads/2013/07/TLC_Main_Logo.png"){kind=logo}
The Loan Consultants, Inc. will show you how to operate a professional and successful loan
brokerage without the expensive offices and staff of salaried
employees that drive up your overhead. This results of course, in
lower operating costs and higher profits for you. Additionally, you
will have the confidence of knowing you are offering the one product
that everyone needs... money!
If your goal is to own your own successful business
and independence for you and your family, The Loan Consultants, Inc.
may be a rare and golden opportunity to make those goals a reality.
Our status in the industry, our longevity in this business, and our
reputation with our customers and funding sources are irrefutable proof
that we know what we are doing. Our staff of highly trained,
experienced and dedicated professionals take great pride in mentoring you to success.
If you are ready to begin earning Executive level income and are prepared to commit
yourself to making your own business successful, we'll provide all the expertise
and support to get you started and ensure you are successful every step of the way.