Lendio requirements
Lendio did not publish credit, time-in-business or revenue minimums on its homepage when we checked in October 2026. Here is why, and how to estimate whether you will see offers.
Because Lendio is a marketplace of 100+ lenders, requirements belong to each lender and product rather than to Lendio itself. An SBA loan and a short-term advance on the same marketplace can have very different floors.
| Lendio | |
|---|---|
| How it works | Marketplace connecting businesses with 100+ lenders |
| Minimum credit | Not published |
| Time in business | Not published |
| Revenue | Not published |
| Amounts | From under $5,000 to over $1M |
| Speed | As little as 24 hours (may be longer) |
| Products | A/R financing, equipment, SBA, business loans, lines of credit |
| States | Not published |
Sources: Lendio homepage, Trustpilot; checked October 2026. Lendio is a trademark of its owner; Merchant Fund Express is not affiliated.
Think product by product. SBA loans typically look for stronger credit and longer history; equipment financing leans on the equipment as collateral; A/R financing looks at the quality of your invoices; lines of credit and term loans weigh revenue and credit together.
Your application is shared with lenders whose criteria you appear to meet. If few offers come back, the most common reasons are low monthly deposits, short history, recent negative bank days or existing advance payments.
Amounts run from under $5,000 to over $1M per Lendio’s homepage. Larger requests usually require tax returns and financial statements in addition to bank statements.
Speed varies the same way: as little as 24 hours for some products, longer for others, especially SBA.
Prepare three to six months of business bank statements, an ID, basic business details and a list of current debts before applying. Complete files move faster on any marketplace.
If you already know which product you need, say so; it helps route your file to lenders that actually offer it.
Owners with credit in the 500s, under a year of history or an existing advance should also compare a marketplace that publishes its floor. Merchant Fund Express publishes a 500 credit minimum and offers MCAs, lines of credit, second position funding and buyouts on balances of $100,000 or less.
Good fit:
Compare first if:
Merchant Fund Express matches one application with multiple funders whose criteria differ from Lendio’s, so a file that misses one cutoff may fit another. Credit from 500, same-day decisions, funding typically the next business day.
Lendio did not publish one; each lender on its marketplace sets its own.
Not published on its homepage; it varies by lender and product.
Recent bank statements, ID, business details and a list of current debts; larger requests may need tax returns.
SBA loans are among the products listed on its homepage.
Compare a marketplace with a published floor; Merchant Fund Express starts at 500 credit.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
