Lendio (www.lendio.com) has a 4.3 out of 5 rating on OK.one, based on 200 user reviews collected here. It is listed under Business Services and its reputation is good. 83% of reviews are 4 stars or higher and 14% are 1 star; The business has replied to 97% of negative reviews. Last updated 2026-08-10.
What people say
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Peter Juleson · 2 reviews · Experienced 2026-03-12 ·
★★★★★
This company is a joke
This company is a joke. I went for a loan to buy a digital copier and they keep trying to push a loan that totaled 25% of what I applied for, don't waste your time. I'm a small business and have good credit and have been in business for over 30 years. Instead they want me to take a 6 month loan of $4k.
Reply from Lendio2026-03-23
Thank you for taking the time to share your experience. Helping small businesses find the right financing, not just any financing, is what we strive for. We regret the outcome fell short for you, we understand how frustrating that can be.
We'd welcome the opportunity to look into your concerns directly. Please don't hesitate to reach out to our Customer Support team at [email protected] or (855) 853-6548.
— The Lendio Team
J
Jeffrey · 1 review · Experienced 2026-03-02 ·
★★★★★
Help us out every step of the way.
Reply from Lendio2026-03-16
Thank you for the 5-star review. Your experience matters to us, and we're inspired to empower business owners daily thanks to reviews like yours.
Easy application. Quick approval. Ibi Alabed made the process so simple and stress free.
Reply from Lendio2026-03-11
We're thrilled to have exceeded your expectations! At Lendio, our goal is to help businesses like yours thrive. We're glad we could provide you with access to capital to take your business to the next level.
I like how quick fast & explanatory everything was. They literally detailed how it all works. It didn’t cost me a Hard Inquiry on my my persona credit file.Which is great cause I’m right in the middle of buying my first home And I need my credit report to not look like I’m searching for funding. The money was deposited into my account fairly quickly. I chose 2-3 business days to my checking account.My account showed it was a pending deposit the night before on the second day of me being approved.Then on the 3rd day by early morning when I awoke up at 9am it was already in my account. I would like to use the funds to build business credit. And hopefully build a relationship. In hopes of relieving greater fund for a cushion line of credit for my health care business.
Reply from Lendio2026-03-11
Thank you for taking the time to leave us a five-star review.
At Lendio, small businesses are our top priority. We strive to provide the best customer experience possible, and your review reaffirms our commitment to empowering small business owners.
By far the most pleasant experience getting a loan I’ve ever had. Ibi was outstanding. He found multiple opportunities to help get funding for my business and really came through for me in the end. Couldn’t be happier.
Reply from Lendio2026-03-11
Thanks for sharing your experience and for the 5-star review! We appreciate you! Your review helps other small businesses take the next step for their business financing needs by choosing Lendio as their small business financial solutions provider.
Fast an honest service.
The process was simple. I am glad that I was able to accomplished my goal thanks to a real and sincere lender.
Reply from Lendio2026-03-11
Thank you for the 5-star review. Your experience matters to us, and we're inspired to empower business owners daily thanks to reviews like yours.
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Paul Landman · 1 review · Experienced 2026-03-09 ·
★★★★★
Never would I ever work with Lendio…
Never would I ever work with Lendio again. They make promises they don't keep. They recommend companies that are horrible and they basically try to get you to fund your loan so they can get their commission. Be aware.
I will be your point of contact! Yeah right. Need anything? Good luck.
And if they recommend Headway Capital run for your life.
Reply from Lendio2026-03-11
Thank you for sharing your feedback, Paul. What you've described is not the standard we hold ourselves to, every customer who works with us deserves clear communication and follow-through. We are conducting an internal review of this matter, and a member of our team will be reaching out directly to address your concerns. If you'd like to connect sooner, please reach out to our Customer Support team at (855) 853-6548 or [email protected].
The Lendio Team
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Austin · 2 reviews · Experienced 2026-02-04 ·
★★★★★
Great job
There was a misunderstanding that was worked through quickly. I would use them again for sure. What we talked about on the phone when originally getting the loan was honored I was confused with Ondeck's platform because it did not show the original deal.
Reply from Lendio2026-03-09
Thank you for taking the time to share your positive experience. Your review helps other small businesses take the next step for their business financing needs by choosing Lendio as their small business financial solutions provider.
Thank you for the 5-star review. Your experience matters to us, and we're inspired to empower business owners daily thanks to reviews like yours.
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Brad · 1 review · Experienced 2026-03-04 ·
★★★★★
Lendio is Legit and I was wondering how…
Lendio is Legit and I was wondering how the experience would be, and honestly, it was good across the board. The most important thing was I got funded, and they were very transparent with I think I had about 20+ offers, and they walked me through their thoughts on the best options, and from start to finish / funded was a couple of days. Couldn't be happier. Nick was great.
Reply from Lendio2026-03-09
We're thrilled to have exceeded your expectations! At Lendio, our goal is to help businesses like yours thrive. We're glad we could provide you with access to capital to take your business to the next level.
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Vic Leon · 2 reviews · Experienced 2026-03-05 ·
★★★★★
The representative explained the loan…
The representative explained the loan offers very clear. We went through or options 2 times. Based on his recommendation and explanation I went with his choice which seemed to be the best one. It turns out his explanation was incorrect. Got hit with an $1800 charge right away without even using the credit line. My fault for trusting lendio, double check with the actual lender to see if the terms match what lendio states is my advice.
Reply from Lendio2026-03-06
Hi Vic,
Thank you for sharing your feedback. The experience you've described is not reflective of the standards we hold ourselves to, and we want to make sure it's addressed.
A member of our team will be reaching out to you directly to review your file and discuss your concerns. If you'd like to connect sooner, please contact our Customer Support team at (855) 853-6548 or [email protected].
We appreciate your patience and the opportunity to look into this.
— The Lendio Team
S
Sheryl T · 1 review · Experienced 2026-01-29 ·
★★★★★
I inquired about a loan-and got a BIG MESS!
I inquired about a loan, to consolidate debt.
Connor Mitchell- Funding Expert said I would need to get all my credit card debt into one loan, WITH A WEEKLY draw. Then get me in 4 weeks a new loan that had a very low interest rate, with MONTHLY PAYMENT. I thought 4 weeks to better my business I could handle that. BAIT AND SWITCH. He got the commission off the first loan and then disappeared. Leaving me with a WEEKLY PAYMENT that is way over what I could afford.
DIRTY BUSINESS- DO NOT GET TAKEN.
Reply from Lendio2026-03-06
Hi Sheryl,
Thank you for sharing your feedback. What you've described is not the experience we want for our customers, and we take it seriously.
A member of our team will be reaching out to you directly to review your file, discuss what happened, and explore what options may still be available to you. If you'd like to connect sooner, please contact our Customer Support team at (855) 853-6548 or [email protected].
We appreciate your patience and the opportunity to address this.
The Lendio Team
At first I would have given them a good rating, good care, contact, communication, were able to obtain me a loan. As time went on I couldn't get in contact with the original guy and any information I needed they kept sending me to my lender, even though I started with Lendio. A year later, I'm stuck in this loan that is preventing me from expanding my company as the loan I obtained put an UCC-1 Lien on my entire company. I understand this is standard, however, the interest rate on the loan is 40% and I'm trying to expand and consolidate. On initial sign up they told me I could refinance into a different loan at a lower rate, as at the time I needed to obtain a loan that reports to the credit bureaus, which my other previous loans had not which made it look like i had no credit. learning curve. they reached out to me recently saying things looked good and it was time to look into refinancing. I did the documents, then they tried to get me into a new loan at 38% with barely any capital after all the fees. I told them absolutely no, then the guy proceeded to raise his voice at me and asked me why I even applied in the first place. I'm not reconsolidating to just pay more fees to obtain 10k more after all said an done. Ludacris.
I contacted another company, they stated the loan I got talked into is also not reporting to the bureaus....so now I'm back to square one but worse off than I was because of the lien.
Reply from Lendio2026-03-05
Hi Rachel,
We're sorry to hear your experience did not go the way it should have. The concerns you've raised are serious and not reflective of the experience we aim to provide. Every customer deserves clear, consistent communication, a financing product that meets their stated goals, and to be treated with respect at every step, including when a product isn't the right fit.
We'd very much like the opportunity to look into your specific situation and make things right. Please reach out to our Customer Support team directly at (855) 853-6548 or [email protected].
We appreciate your feedback and hope to have the chance to speak with you.
As a business owner, seeking a business loan for the first time. I was not aware of the process and what to expect. My rep from Lendio that assisted me. Gave me all the information I needed. She walked me through the whole process and found me the right deal that was suited for my business. It was easy, fast and honest. I would recommend Lendio to anyone for business capital.
Reply from Lendio2026-03-03
We're thrilled to have exceeded your expectations! At Lendio, our goal is to help businesses like yours thrive. We're glad we could provide you with access to capital to take your business to the next level.
C
Chris Stiriz · 1 review · Experienced 2026-02-23 ·
★★★★★
Not a Bot. A human experience!
So many loan funding programs are all automated. I needed to talk to a human and explain my business situation. Devin Koray from Lendio actively listened to my business challenges and recommended a great strategy to get funding AND a way to build by business credit. The consultative approach is on point for a small business owner like me.
Reply from Lendio2026-03-03
Thank you so much for sharing your experience! We love hearing how Devin took the time to truly listen and provide a strategy tailored to your business. At Lendio, we strive for excellence, and your 5-star review tells us we're on the right track. Thank you for being a part of our journey!
Working with Devin was a great experience from start to finish. He was knowledgeable, forthcoming, and easy to speak with. I want to say the process was easy b/c of Devin. Thank you!
Reply from Lendio2026-02-25
Thank you so much for the kind words! We are thrilled to hear that Devin made the process smooth and easy for you. Providing knowledgeable and straightforward guidance is exactly what we strive for at Lendio. We’ll be sure to share your feedback with Devin—he’ll be so happy to hear it!
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Mark Ampaw · 1 review · Experienced 2026-02-25 ·
★★★★★
Lendio, the best!!!! They got me the best deal at a record…
They got me the best deal at a record time. The process was seamless. The lady I worked with with very professional.
Reply from Lendio2026-03-03
Thank you for taking the time to share your positive experience. Your review helps other small businesses take the next step for their business financing needs by choosing Lendio as their small business financial solutions provider.
J
Jeff · 2 reviews · Experienced 2026-02-23 ·
★★★★★
Shared that I was looking for a SBA…
Shared that I was looking for a SBA loan. Jacob said he could do that but really pushed high interest, weekly payment loans. The weekly payment loans were mentioned each time we talked. I sent him all the information and he sent an email / text with acronyms that I think said I did not qualify. I immediately called him back and emailed him for a call back. I did not get a call back but did get a message saying he could still look at the "other loans" available. If you need high interest, weekly payment loans, he may be able to help.
Reply from Lendio2026-03-03
Hi Jeff, thank you for sharing your experience. Your feedback matters to us, and we're glad we had the opportunity to connect and make things right.
Any alternative options presented during the process were intended solely to address your immediate funding needs while your SBA eligibility was being evaluated, not to steer you toward products that weren't in your best interest. We recognize we could have done a better job communicating the outcome of your SBA application and outlining a clear path forward, and we take full responsibility for that.
We're truly glad to be working with you again and appreciate your willingness to give us another opportunity to support your business. As always, our team is here for you. Don't hesitate to reach out at [email protected] with any questions.
H
Hugo · 1 review · Verified · Experienced 2026-02-21 ·
★★★★★
Lendio presented options at a rapid…
Lendio presented options at a rapid pace and facilitated my connection with the lender who disbursed the funds within a business day. I express my sincere gratitude to Lendio for their exceptional service.
Reply from Lendio2026-02-25
We are sincerely grateful for your kind words! Our goal is always to provide exceptional service by matching business owners with the right capital as quickly as possible. Thank you for choosing Lendio, and we look forward to supporting your future success.
Gabby was and still is outstanding to work with. Loved that we had one contact person to navigate thru the best options.
Reply from Lendio2026-02-25
This is so great to hear! We’re lucky to have Gabby on our team, and we’re glad she could make your experience a positive one. Thank you for the shout-out and for trusting Lendio with your business financing!
