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 20112016
Year Franchised 20162016
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 PartyIn-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 YesYes
Canada Expansion --
International Expansion --

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.