Lendio vs Platinum Preferred Financial Group Franchise Comparison

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

Start-Up Costs and Fees
	Lendio Franchise	Platinum Preferred Financial Group Franchise
Investment	$30,150 - $117,100	$19,990
Franchise Fee	$28,000 - $46,000	N/A
Royalty Fee	to4K/mo.	-
Advertising Fee	2%	-
Year Founded	2011	2017
Year Franchised	2016	2017
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	Lendio Franchise	Platinum Preferred Financial Group 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	Platinum Preferred Financial Group 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
	Lendio Franchise	Platinum Preferred Financial Group 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
	Lendio Franchise	Platinum Preferred Financial Group Franchise
US Expansion	Yes	Yes
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 Market      Proprietary                 Strategic           
                                  Technology             Partnerships 
    
Low Investment    Perfectly  Positioned    Massive Demand

Veteran Incentives  10% off franchise fee     

#272 in Franchise 500 for 2020.

                                  

About Platinum Preferred Financial Group