--- title: "Lendio Alternatives | FundBetter vs. Lendio Compared (2026)" url: "https://www.fundbetter.com/compare/fundbetter-vs-lendio/" description: "Comparing Lendio alternatives? See how FundBetter and Lendio differ on model, minimums, speed and cost, with every fact from Lendio's own pages." --- 1. [Home](https://www.fundbetter.com/) 2. / 3. [Compare](https://www.fundbetter.com/compare/) 4. / 5. FundBetter vs. Lendio # Compare FundBetter vs. Lendio Lendio is a lending marketplace: it doesn't make loans itself, and it connects businesses with more than 100 lenders and funders through one application. FundBetter is a lender and funding marketplace with one advisor and one application. If you're shopping Lendio alternatives, the differences come down to how you're funded and whose minimums apply, and each Lendio fact is read directly from Lendio's site. Checked against Lendio's pages, November 4, 2026 [Apply Now](https://www.fundbetter.com/apply/) [786-882-2705](tel:+17868822705) ## Which one fits your business? Pick the list that sounds like your business. ### Choose FundBetter if - You'd like one of our advisors to review your application and walk you through your options, rather than comparing offers on your own. - You want a short-term loan or a line of credit and your credit is below the 600 that Lendio lists for those products. Our general starting point is around 500. - You also want a merchant cash advance or invoice factoring compared alongside loans, from the same advisor. ### Choose Lendio if - You want your application put in front of a network of more than 100 lenders and funders. - You're early. Lendio's revenue-based financing lists 500+ credit, $4K in monthly sales and 3 months in business, which is a lower bar than ours. - Your monthly revenue is under our $15K starting point. Lendio's line of credit minimum is $2,500. - You need accounts receivable financing above $5M. Lendio lists up to $10 million, and our ceiling is $5M. ## Feature by feature The same 18 rows on every comparison we publish. | Feature | FundBetter | Lendio | | --- | --- | --- | | Who funds you | | | | How funding is provided | Lender and funding marketplace We may connect you with vetted third-party lenders and funding partners. You work through one advisor and one application. | Marketplace[1](#source-1) Lendio does not make loans directly. It works with more than 100 lenders and funders. | | What you can get | | | | [Business line of credit](https://www.fundbetter.com/business-loans/business-lines-of-credit/) | Yes $5K to $5M, weekly or monthly payments | Yes, through its lenders[2](#source-2) 600+ credit, $2,500+ monthly revenue, 6+ months in business. | | [Short-term loan](https://www.fundbetter.com/business-loans/short-term-business-loans/) | Yes $5K to $5M over 3 to 18 months | Yes, through its lenders[3](#source-3) $10K to $5M. 600+ credit, $8K+ monthly revenue, 6+ months. | | [Long-term loan](https://www.fundbetter.com/business-loans/long-term-business-loans/) | Yes Up to $5M over 1 to 5 years | Yes, through its lenders[4](#source-4) Term loans from $5K to $2M. 600+ credit, $8K+ monthly revenue, 1+ year. | | [SBA loan](https://www.fundbetter.com/business-loans/sba-loans/) | Yes Up to $5M over 10 to 25 years | Yes, through its lenders[5](#source-5) Up to $5M. 640+ credit, $8K+ monthly revenue, 2+ years. | | [Equipment financing](https://www.fundbetter.com/business-loans/equipment-financing/) | Yes Up to 100% of the cost over 1 to 6 years | Yes, through its lenders[6](#source-6) $5K to $5M. 520+ credit, 0 to 12 months minimum in business. It lists $50,000+ under revenue. | | [Invoice factoring](https://www.fundbetter.com/business-loans/invoice-factoring/) | Yes Advances of up to 90% | Yes, through its lenders[7](#source-7) Accounts receivable financing up to $10 million. $10,000 minimum monthly revenue, no credit score requirement. | | [Merchant cash advance](https://www.fundbetter.com/business-loans/merchant-cash-advance/) | Yes $5K to $5M, repaid as a share of sales | Under revenue-based financing[8](#source-8) It lists merchant cash advance as a form of revenue-based financing. | | [Revenue-based financing](https://www.fundbetter.com/business-loans/revenue-based-financing/) | Yes $5K to $5M, repaid as a share of revenue | Yes, through its lenders[8](#source-8) $5K to $2M. 500+ credit, $4K+ monthly sales, 3+ months. | | Funding range | $5,000 to $5M Varies by product and business | $5,000 to $10M[7](#source-7) Varies by product and lender. The top of the range is accounts receivable financing. | | What it takes to qualify | | | | Credit score | Around 500 520 for a merchant cash advance and 700 for a long-term loan | 500 to 640, by product[5](#source-5) Revenue-based 500+, equipment 520+, line, term and short-term 600+, SBA 640+. | | Time in business | 6 months 1 year for equipment financing, 2 years for long-term and SBA loans | 3 months to 2 years, by product[8](#source-8) Revenue-based 3+ months, line and short-term 6+ months, term 1+ year, SBA 2+ years. | | Revenue | About $15K a month $500K a year for a long-term loan | $2,500 to $10,000 a month, by product[2](#source-2) Line $2,500+, revenue-based $4K+, term, short-term and SBA $8K+, receivables $10,000. | | Speed, cost and terms | | | | Fastest stated funding | As fast as 24 hours That is the fastest case. Invoice factoring takes 24 to 48 hours. | As little as 24 hours[1](#source-1) It says this depends on the product and may be longer. | | Checking your options | Soft inquiry, no effect on your score A hard pull only happens later, with your permission, if you move forward with certain offers. | No effect on your score to apply[1](#source-1) Accepting an offer may result in a hard inquiry, depending on the product and lender. | | What it publishes on cost | No published rates Cost depends on the product and your offer, and every cost is disclosed before you sign. | No published rates[1](#source-1) Rates and terms vary by lender. Its homepage says "No hidden fees". | | Paying off early | Depends on your agreement Early payoff reduces the cost on many short-term loans, and some agreements charge the full amount regardless. | Varies by lender[2](#source-2) It says some lenders in its network waive any outstanding interest if you repay a line early. | | Where it lends | United States We do not publish a list of excluded states. | Not published | "Not published" means we couldn't find it on Lendio's own pages on November 4, 2026. "Not listed" means it isn't among the products Lendio lists. FundBetter's figures are general starting points, not a guarantee of approval. ## A marketplace or one advisor? Lendio's strength is reach. One application goes to a network of more than 100 lenders and funders, and it's clear that it doesn't make loans directly. If you want the widest set of offers to choose from and you're comfortable comparing them, that's a real advantage. With any marketplace, or any lender that works with partners, ask who will actually fund you, who you'll deal with after funding, and whether the offer you see is the lender's best one. Who funds you decides whose agreement you sign. FundBetter is a lender and funding marketplace, so we may connect you with vetted third-party lenders and funding partners when that gets you a better fit. Either way, you work through one of our advisors and one application. ## Whose minimums apply to you? Lendio publishes minimums for each product across its network, and some are lower than ours. Its revenue-based financing lists 500+ credit, $4K in monthly sales and 3 months in business. Its line of credit lists $2,500 in monthly revenue. If you're a newer or smaller business, that may be the better place to start. The thing to ask about a network minimum is who it applies to. A minimum across a marketplace means at least one lender goes that low, so ask how many do, and what the offers at that level cost. Our general starting point is around 500 credit, six months in business and about $15K in monthly revenue. That's higher than some of Lendio's lowest bars on revenue and time, and lower than the 600 it lists for lines of credit and short-term loans. [Revenue-based financing](https://www.fundbetter.com/business-loans/revenue-based-financing/) and [lines of credit](https://www.fundbetter.com/business-loans/business-lines-of-credit/) are two of the products one of our advisors can compare for you. ## How do you compare what each offer costs? Lendio makes comparing easier in one important way: you can see more than one offer, and its homepage says there are no hidden fees. It also says some lenders in its network waive any outstanding interest if you repay a line of credit early, which can be worth a lot. Rates and terms vary by lender in any marketplace, so ask for the total you'd repay on each offer, on the same amount and the same term. Then ask what early payoff saves you on each one. We don't publish rates, because cost depends on the product and your offer. We show you the full cost before you sign, and you can test any quote first with our [business loan calculator](https://www.fundbetter.com/business-loan-calculator/). ## Frequently asked questions Is FundBetter an alternative to Lendio? Yes. Both give you one application that can lead to several funding options. Lendio is a marketplace of more than 100 lenders and funders and doesn't make loans directly. FundBetter is a lender and funding marketplace where you work through one advisor. Is Lendio a direct lender? No. Lendio says it does not make loans directly. It works with more than 100 lenders and funders, and it says rates and terms vary. What credit score do you need for Lendio? It depends on the product. Lendio lists 500+ for revenue-based financing, 520+ for equipment financing, 600+ for lines of credit, term loans and short-term loans, and 640+ for SBA loans. Is Lendio legit? Lendio describes itself as a small business financing platform that has facilitated more than 520,000 loans and other financing options totaling over $17 billion since 2011. We can't vouch for it, so read any agreement closely and find out who your lender would be. Who are Lendio's competitors? Lendio is a marketplace, so it competes with other ways of finding funding, including direct lenders like [OnDeck](https://www.fundbetter.com/compare/fundbetter-vs-ondeck/) and [National Funding](https://www.fundbetter.com/compare/fundbetter-vs-national-funding/), banking platforms like [Bluevine](https://www.fundbetter.com/compare/fundbetter-vs-bluevine/), and FundBetter. Are there businesses better served by Lendio than FundBetter? Yes. If your revenue is under about $15K a month or you've been open under six months, Lendio lists products with lower minimums than our general starting point. It also lists accounts receivable financing up to $10 million, above our $5M ceiling. How did we check these facts? Every Lendio fact here comes from Lendio's own pages, read on November 4, 2026, and none of them come from review sites or other lenders. If you spot a change, [tell us](https://www.fundbetter.com/contact/) and we'll re-check it. ## Sources 1. [Lendio home](https://www.lendio.com/) (seen November 4, 2026) 2. [Lendio line of credit](https://www.lendio.com/business-loans/line-of-credit) (seen November 4, 2026) 3. [Lendio short-term loans](https://www.lendio.com/business-loans/short-term-loans) (seen November 4, 2026) 4. [Lendio term loans](https://www.lendio.com/business-loans/term-loans) (seen November 4, 2026) 5. [Lendio SBA loans](https://www.lendio.com/business-loans/sba-loans) (seen November 4, 2026) 6. [Lendio equipment financing](https://www.lendio.com/business-loans/equipment-financing) (seen November 4, 2026) 7. [Lendio accounts receivable financing](https://www.lendio.com/business-loans/accounts-receivable-financing) (seen November 4, 2026) 8. [Lendio revenue-based financing](https://www.lendio.com/business-loans/revenue-based-financing) (seen November 4, 2026) FundBetter is not affiliated with, endorsed by or sponsored by Lendio, and Lendio is a trademark of its owner. Terms change, so confirm the current terms with each company before you decide. See also: [FundBetter vs. National Funding](https://www.fundbetter.com/compare/fundbetter-vs-national-funding/) · [FundBetter vs. OnDeck](https://www.fundbetter.com/compare/fundbetter-vs-ondeck/) · [FundBetter vs. Bluevine](https://www.fundbetter.com/compare/fundbetter-vs-bluevine/) · [all comparisons](https://www.fundbetter.com/compare/) ## See what your business qualifies for Checking your options takes a couple of minutes and won't affect your credit score. [Apply Now](https://www.fundbetter.com/apply/) [786-882-2705](tel:+17868822705)