Lendio vs Motto Mortgage Franchise Comparison

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

Start-Up Costs and Fees

 
Lendio Franchise
Motto Mortgage Franchise
Investment $30,150 - $117,100 $52,800 - $73,800
Franchise Fee $28,000 - $46,000 $25,000 - $26,500
Royalty Fee to4K/mo. $4.5K/mo.
Advertising Fee 2% $300/mo.
Year Founded 2011 2016
Year Franchised 2016 2016
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Lendio Franchise
Motto Mortgage 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

 
Lendio Franchise
Motto Mortgage Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- Yes/-
Start-up Costs -/Yes -/-
Equipment -/Yes -/-
Inventory -/Yes -/-
Receivables -/Yes -/-
Payroll -/Yes -/-

Training & Support

 
Lendio Franchise
Motto Mortgage Franchise
Training On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing On-The-Job Training: Varies Classroom Training: 20 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform Purchasing Co-ops 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations - -

Expansion Plans

 
Lendio Franchise
Motto Mortgage Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Lendio Franchise
$30,150 - $117,100
Motto Mortgage Franchise
$52,800 - $73,800
Franchise Fee
Lendio Franchise
$28,000 - $46,000
Motto Mortgage Franchise
$25,000 - $26,500
Royalty Fee
Lendio Franchise
to4K/mo.
Motto Mortgage Franchise
$4.5K/mo.
Advertising Fee
Lendio Franchise
2%
Motto Mortgage Franchise
$300/mo.
Year Founded
Lendio Franchise
2011
Motto Mortgage Franchise
2016
Year Franchised
Lendio Franchise
2016
Motto Mortgage Franchise
2016
Term Of Agreement
Lendio Franchise
-
Motto Mortgage Franchise
-
Renewal Fee
Lendio Franchise
-
Motto Mortgage Franchise
-


Business Experience Requirements

Experience
Lendio Franchise
- 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
Motto Mortgage Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Lendio Franchise
-/-
Motto Mortgage Franchise
Yes/-
Start-up Costs
Lendio Franchise
-/Yes
Motto Mortgage Franchise
-/-
Equipment
Lendio Franchise
-/Yes
Motto Mortgage Franchise
-/-
Inventory
Lendio Franchise
-/Yes
Motto Mortgage Franchise
-/-
Receivables
Lendio Franchise
-/Yes
Motto Mortgage Franchise
-/-
Payroll
Lendio Franchise
-/Yes
Motto Mortgage Franchise
-/-

Training & Support

Training
Lendio Franchise
On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing
Motto Mortgage Franchise
On-The-Job Training: Varies Classroom Training: 20 hours
Support
Lendio Franchise
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Motto Mortgage Franchise
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Lendio Franchise
Ad Templates National Media Social media SEO Website development Email marketing
Motto Mortgage Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations
Lendio Franchise
-
Motto Mortgage Franchise
-

Expansion Plans

US Expansion
Lendio Franchise
Yes
Motto Mortgage Franchise
Yes
Canada Expansion
Lendio Franchise
-
Motto Mortgage Franchise
-
International Expansion
Lendio Franchise
-
Motto Mortgage Franchise
-

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  "Proprietary "Strategic 
Disruptive Market      Proprietary                 Strategic           
                                  Technology             Partnerships 
"Low  "Perfectly  "Massive
Low Investment    Perfectly  Positioned    Massive Demand

Veteran Incentives  10% off franchise fee     
#272 in Franchise 500 for 2020.
                                  

About Motto Mortgage

Motto Mortgage was established late October 2016, and sold 50 franchises in its inaugural year. Motto Mortgage is a network of mortgage brokers focused on helping consumers make sense of the home loan process. Motto Mortgage loan originators work hand-in-hand with real estate agents, providing a seamless customer experience from start to finish. With access to a wholesale lending mix, Motto Mortgage network offices provide more home loan options and competitive rates. The model not only creates an ancillary business for current real estate brokerage firms, but also offers opportunities for mortgage professionals seeking to open their own businesses, or independent investors interested in financial services. The company has over 60 franchises open and operating in 28 states

"Entrepreneur
#395 in Franchise 500 for 2020.
#147 in Franchise 500 for 2021.