Last Updated
Overview
Looking for hassle-free business financing? Look no further. Lendio offers various funding options tailored to your needs. Our user-friendly platform simplifies the application process, enabling access to multiple lenders with just one submission. Discover the power of financial flexibility and take your business to new heights with Lendio.
Overall Rating
Based on 50 users reviews
4.7
Rating Distribution
Positive
94%
Neutral
4%
Negative
2%
Starting Price
Custom
Lendio Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is Lendio?
Overview
Lendio is a comprehensive cloud-based accounting software that caters to the needs of enterprises, SMEs, and startups. It offers a complete suite of features designed for both Web and Android platforms. This all-in-one online accounting system includes essential functionalities such as accounts receivable, audit trail, expense tracking, general ledger, revenue recognition, spend management, and tax calculator.
Lendio Pricing
Lendio Integrations
Lendio integrates with several third-party applications, including:
- ProviderSuite
- GetMyInvoices
- Zapier
- Stripe
- Gusto
Who Is Lendio For?
Lendio is used in the following industries:
- Construction and heavy equipment
- Manufacturing
- Healthcare & medical practice
- Retail
- Real estate
Is Lendio Right For You?
If you are seeking an accounting solution that caters to the financial needs of small businesses, Lendio could be the ideal software for you. Lendio is committed to supporting the survival and prosperity of small businesses. By leveraging its vast network of lenders, Lendio empowers small business owners to simplify the application process, enabling them to apply for multiple business financing options through a single application.
Still have queries about Lendio? Contact us at 661-384-7070 and our customer representatives will help answer all your software-related concerns.
Lendio Features
Bank Reconciliation
The bank reconciliation feature offered by Lendio allows for effortless matching of bank transactions with accounting records, ensuring accuracy and enabling easy identification of discrepancies.
Billing & Invoicing
With Lendio, professional invoices can be created and customized per user requirements. Outstanding payments can be tracked, reminders can be sent, and billing cycles can be efficiently managed.
Payment Processing
Lendio integrates with popular payment gateways, enabling users to accept online customer payments. Whether credit card payments, online transfers, or digital wallets, Lendio provides a secure and seamless payment processing experience.
Tax Management
Managing taxes can be complex, but Lendio simplifies the process. It offers tools and resources to help calculate taxes accurately, keep track of tax deadlines, generate tax reports, and even assist with tax filing.
Dashboard
Lendio's dashboard provides a centralized hub for all financial data. It visually represents key metrics, financial insights, and reports. It helps track a business's financial health, identify trends, and make informed decisions.
Pros And Cons of Lendio
Pros
A variety of funding options
Convenient online application
long-term financing
Easy to use
Cons
The online application requires extensive documentation, according to some reviews
Lendio Reviews
Total 50 reviews
4.7
All reviews are from verified customers
Rating Distribution
5
Stars82%
4
Stars12%
3
Stars2%
2
Stars2%
1
Stars2%
Share your experience
Publishing, 1-10 employees
More than a year
“Hassle free loan management”
Pros
It is mobile-friendly and super easy to navigate, even for those who aren't tech-savvy.
Cons
So far, I haven't encountered any issues with this app.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Graphic Design, 1-10 employees
More than a year
“Was good, then a huge bait and switch”
Pros
The invoicing was fantastic, offering Stripe payment options and customizable templates. However, after Lendio's acquisition, it deteriorated.
Cons
Lendio is an awful company with terrible service. I wouldn't trust them with my financial needs.
Rating Distribution
Ease of use
5
Value for money
1
Customer Support
1
Functionality
1
Internet, 1-10 employees
More than a year
“Terrible bait and switch”
Pros
The UI was excellent before, but it's been declining recently.
Cons
My biggest gripe is with the company that now owns Sunrise and how they've treated early adopters. Lendio acquired an accounting tool originally named Billy, rebranding it as Sunrise. Initially, they ousted users outside the US and Canada, despite having paid for a lifetime license. Recently, they've started forcing early adopters to pay a monthly fee for features they already bought for a lifetime. While it may be legal, it's certainly not customer-friendly.
Rating Distribution
Ease of use
3
Value for money
1
Customer Support
1
Functionality
3
Frequently Asked Questions
What type of pricing plans does Lendio offer?
Lendio's cost depends on your organization's size and needs. Please click on Get Pricing for a customized pricing plan.
Who are the typical users of Lendio?
Lendio is used in several industries, including Construction and heavy equipment, manufacturing, healthcare and medical practice, retail and real estate.
What languages does Lendio support?
Lendio supports the English language.
Does Lendio support mobile devices?
Yes, Lendio supports mobile devices.
Does Lendio offer an API?
Yes, Lendio offers an API.
What other apps does Lendio integrate with?
Lendio integrates with several third-party applications, such as ProviderSuite, GetMyInvoices, Zapier, Stripe and Gusto.