LendingTree Loan Review 2025

Unlike direct lenders, LendingTree operates as an online loan marketplace, which carries the benefit of connecting you with a broad network of potential financing partners, streamlining the process based on specific criteria. 

Over the years, LendingTree has improved its platform, offering greater transparency around lender qualifications and loan options. As a loan marketplace, not a direct lender, LendingTree doesn’t set the loan terms itself. Instead, interest rates, approval standards, and funding timelines depend on the individual lenders in their network. 

In this review, we’ll show you how LendingTree helps simplify loan shopping, what financing products you’ll find, and when it might be a smart move for your business.

LendingTree’s job is to match you with the right lender from their network, and the best way to get personalized rates is by filling out their customized rate assessment. 

The chart below shows only LendingTree’s top provider in each loan category, giving you a snapshot of what’s possible, but actual rates and terms depend on your business needs and qualifications.

Business financing is just one area that LendingTree's loan partners cover. Lenders also offer:

• Home refinance loans
• Home mortgage loans
• Personal loans
• Home equity loans
• Auto loan
• Debt consolidation loans

That said, much of the information on the site is generalized across all loan types, making it hard to find specific details about business vs. consumer financing.

LendingTree connects users to a network of over 300 lenders through a single form. However, it’s unclear how many of these lenders specifically offer business loans.

Once you complete their form, LendingTree will match you with up to five lenders who align with your financing needs. From there, you can compare offers and move forward with the lender that best fits your situation.

While some parts of the process and platform can feel vague, particularly regarding the number of active business-specific lenders, LendingTree does provide a curated list of top business loan providers for specific use cases, such as startup funding, equipment financing, and same-day funding options. 

Each featured lender includes pros and cons, qualification criteria, and a link to a more detailed review explaining why this is their recommendation.

One of the key benefits that LendingTree brings to the table is they simplify the loan comparison process for business owners. Instead of researching each lender separately, you submit just one form and receive multiple loan options tailored to your business needs, which can save you a lot of time and effort upfront. While it lacks some upfront clarity around business-specific partners, LendingTree's streamlined approach to shopping for financing is a valuable resource for saving time and money.

Here are the minimum credit scores for each loan type through LendingTree: 

LendingTree has earned thousands of positive user reviews, and it’s easy to see why. The platform operates as a loan marketplace, meaning it doesn’t provide loans directly. Instead, LendingTree partners with a wide range of lenders, allowing borrowers to submit a single form and compare loan offers from multiple sources.

This marketplace model has become popular among small business owners and consumers. Platforms like Lendio and Fundera have a similar approach. By centralizing the loan shopping experience, marketplaces can help users explore competitive offers without the hassle of tracking down each lender individually.

Next, we’ll examine how LendingTree stacks up against other loan marketplaces for businesses.

Like most marketplaces, LendingTree has similar advantages (like the ability to shop around). Here's how it stacks up against other marketplaces.

While LendingTree states that they have over 300 lending partners, it does not specify the number of small business lenders from mortgage, car, personal, and other lenders, which can lead to a more noisy user journey compared to other platforms that focus exclusively on business lending. On the other hand, Lendio and Fundera only partner with business loan providers.  

If you’re ready to explore business financing through LendingTree, here’s what to expect from the process.

You’ll start by providing basic information about your business, such as its name, location, annual revenue, and how long it’s been operating. You’ll also enter some personal details, including your credit score and contact information. It’s important to note that LendingTree’s initial form serves as a pre-qualification and matching service.

Based on that information, LendingTree will take one of two paths:

• If you don’t qualify: You’ll receive a message explaining that no matches were found within LendingTree’s network, along with a reason, often related to revenue, credit, or time in business.
• If you do qualify: LendingTree will match you with up to five potential lenders and present you with their offers.

At that point, you can either speak with a loan specialist who will help guide you through the options or review the matches on your own.

LendingTree’s initial form only takes a few minutes to complete. But because you’ll still need to apply with a matched lender to finalize a loan, funding can take a few days, similar to what you’d experience with other marketplaces like Lendio or Fundera.

LendingTree earns a 4.4 out of 5 from 15,000 reviews on Trustpilot¹, but it is important to note again that the number includes consumer-facing products, not just business loans. 

Still, much of what these borrowers say probably applies to business loans, too. Positive reviews praise LendingTree’s fast, easy process. Speed and ease come up over and over again in reviews.

As for the negative reviews, they mostly complain about how many calls and emails they receive, especially after getting denied for a loan.

A few reviewers also complain that LendingTree was misleading about what type of loan or rate they could get.

Simply put, most people report a great experience with LendingTree. And while those people who didn't have valid complaints, we didn’t see anything suspicious enough to warn you away from LendingTree.

As a loan marketplace, LendingTree won’t give you a loan itself, but it will connect you with the best loan offers it can find. 

So, while LendingTree has positive customer reviews, and we’re reasonably confident you can have a good experience with its matchmaking, business owners that are seeking highly targeted and specialized financing might find a more streamlined and relevant experience by going with a business-specific lending marketplace instead.

Want to learn more about how LendingTree compares to other loan marketplaces? Read our comparison of Lendio vs. LendingTree.

We used LendingTree’s website, customer reviews, and other sources to get as much information as we could about LendingTree, its lending partners, and its loan options. We used that info to grade LendingTree on a bunch of different factors (like funding times and borrower requirements), and then we used those grades to guide our review and compare LendingTree to other lenders.

LendingTree is a legitimate way to get a mortgage loan, but remember that LendingTree isn’t a mortgage lender itself. Instead, it matches you with one of its multiple lenders that offer home mortgage loans.

Getting matched with loans through LendingTree shouldn’t affect your credit. If you decide to apply for one of your matches, though, your chosen lender may do a hard credit check. That hard check could potentially hurt your credit score in the short term.

Disclaimer

At Business.org, our research is meant to offer general product and service recommendations. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.