Lendio isn’t a lender — it’s a marketplace that connects you with one of 75+ partner lenders, so its rates, terms, and funding amounts belong to whichever partner makes the offer, not to Lendio itself. REIL Capital’s own team handles your application end-to-end instead — a different model, not necessarily a better or worse one. Here’s what that difference means for your application.
What Lendio Offers
Lendio is a lending marketplace, not a direct lender — its own site states plainly: “We work with more than 75 lenders and funders… Lendio does not make loans directly.” Products routed through the marketplace include SBA loans, term loans, lines of credit, equipment financing, AR financing, and revenue-based financing, with advertised funding amounts roughly $1K to $1M+, entirely dependent on which partner lender extends an offer. Since 2011, Lendio reports facilitating 400,000+ small business loans totaling $16B+.
Because Lendio itself doesn’t underwrite or fund, there’s no single “Lendio rate” to quote — every applicant’s actual terms come from whichever of the 75+ partners approves them, and those terms vary as widely as the lender pool itself.
Lendio vs. REIL Capital, Side by Side
| Factor | Lendio | REIL Capital |
|---|---|---|
| Who handles your application | 75+ partner lenders — Lendio matches you to one, then steps back | REIL Capital’s own team, start to finish |
| Rates and terms | Set by whichever partner lender makes the offer — varies by lender | Not a fixed published rate — priced per applicant, one point of contact throughout |
| Product range | SBA, term loans, LOC, equipment financing, AR financing, revenue-based financing (via partners) | Lines of credit, invoice financing, SBA loans, revenue-based financing, and more |
| Funding amount | Roughly $1K–$1M+, dependent on the matched partner | Varies by product and borrower profile |
| Application process | One application, results depend on partner matching | One team manages your application end-to-end — no hand-off to a third party you haven’t vetted |
The marketplace model isn’t a downside by default — it means broader access to lender types in one application. The tradeoff is less certainty about who you’ll actually end up working with, and what their specific terms will be, until an offer comes through.
When Lendio Might Be the Right Fit
If you want to compare offers across many different lender types in a single application — and you don’t mind not knowing in advance which of the 75+ partners will respond — Lendio’s marketplace model can surface options you might not find on your own. It’s a legitimate way to shop broadly.
When REIL Capital Makes More Sense
If you’d rather work with one team from application through funding — not a hand-off to a third-party lender you haven’t vetted — REIL Capital’s own team manages your application end-to-end across its product range.
Frequently Asked Questions
Does Lendio lend money directly?
No. Lendio is a marketplace that matches you with one of its 75+ partner lenders. Lendio’s own site confirms it does not make loans directly.
What interest rate will I get through Lendio?
It depends entirely on which partner lender extends you an offer — Lendio doesn’t have its own rate, since it isn’t the one lending.
Is REIL Capital a marketplace like Lendio?
No — but the difference isn’t marketplace vs. not; it’s that one team at REIL Capital handles your application end-to-end rather than matching you to a third party and stepping away.
How many businesses has Lendio funded?
Lendio reports facilitating more than 400,000 small business loans totaling over $16B since 2011, across its partner network.
Work With One Team at REIL Capital
Explore REIL Capital’s business line of credit, or call our team at 646-440-4100 — one point of contact, start to finish, no hand-off to a third party.
