Lendio vs. LendingTree Loans 2025

Lendio and LendingTree are two of the most popular loan marketplaces, offering small-business owners the opportunity to compare loan offers with a single funding application. That gives you the chance to see all your financing options and find the best deal, but which lending marketplace does it better?

In this article, we’ll compare factors such as loan options, borrower requirements, and funding processes, so you can see which lending company is the best fit for you.

Why: LendingTree and Lendio are very similar, but a few key differences, such as their total focus on business loans and the dedicated loan specialist included in the application process, set Lendio apart.

As we’ve said, Lendio and LendingTree are both loan marketplaces. That means they partner with lenders rather than extending loans themselves, allowing you to compare your personalized loan options. You can think of them as business loan brokers, really.

LendingTree and Lendio have very similar loan requirements. Keep in mind that both Lendio and LendingTree are marketplaces, which means that they offer a wide range of loan types and different partners. This means that a Startup loan may only require a 520 credit score, but it has a very high interest rate. 

Both Lendio and LendingTree have an array of business loan offerings, such as

• Accounts receivable financing (aka invoice factoring)
• Business line of credit
• Equipment financing
• Long term business loans
• Merchant cash advance
• Short term business loans
• SBA loans
• Startup business loans
• Working capital loans

There are a few small differences in the offerings. For example, Lendio offers Business acquisition loans, and LendingTree has Microloan options. 

Now, LendingTree also offers personal loans, while Lendio does not. In fact, LendingTree can help you with everything from auto loans to home mortgages to student loans. However, since this is Business.org, we’re primarily focusing on business loan options, so we’re still giving the point to Lendio, even though they have very similar offerings.

We’ve already told you that Lendio and LendingTree have similar business loan application processes: You fill out a brief online form, and then you get matched with potential loan offers. But between these two business loan brokers, we prefer Lendio’s process.

That’s partially because Lendio always gives you a dedicated loan specialist (your “personal funding manager”) to help explain your options and answer your questions. LendingTree offers the option to chat with someone, but you can also view your matches on your own.

They both ask about your credit score, revenue, business type, and so on, but Lendio also asks some extra things:

• What matters most to you in a loan (speed vs. loan amounts vs. loan costs)
• Special considerations about your business (such as nonprofit status, seasonality, and whether you invoice customers)
• How much of the business you own
• How much profit you make (rather than just revenue)

Lendio also asks for some initial documentation as part of your application. That helps it do a better job of pre-qualifying you for a business loan (though you will still have to finalize your application directly with the lender you choose).

While either lending site can help you find relevant business loans, Lendio offers a more personalized touch, making its application process better overall.

With all that said, which lending company can get you a better deal?

Unfortunately, it’s hard to say. With either company, they do not set the rates or requirements because they are not the actual lender. Instead, they are connecting you to loan options through a one-stop shop application process. 

So while we wish we had more definitive answers, we’re calling affordability a draw.

Both Lendio and LendingTree give you an easy way to match with and compare potential business loans. However, Lendio offers a better overall experience, thanks to its more personalized loan application process.

While we still recommend LendingTree as a great option for personal loans, we prefer Lendio for your business loan needs.

Want to see how Lendio compares to another business loan marketplace? Check out our comparison of Fundera vs. Lendio.

We looked at factors like loan offerings, borrower requirements, customer reviews, and more to score Lendio and LendingTree. We based our reviews and recommendations on these scores.

LendingTree competes with other personal and business loan marketplaces (like Bankrate, Funding Circle, and Lendio) as well as online lenders (like SoFi).