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Common questions
26 articles
Is Lendio a direct lender? Is Lendio a bank?
Does Lendio offer grants?
What is the difference between a long-term and short-term loan?
What is the difference between a small business administration (SBA) loan and a small business loan?
What is the difference between personal and business bank accounts?
What’s an employer identification number (EIN)? Do I need one?
What is the difference between a personal and business credit score?
What is underwriting?
What is the annual percentage rate (APR)?
What is loan stacking?
What is IRS Form 1065?
What is a Schedule K-1?
What is a working capital advance and how does it work?
What is a corporate credit card?
What is a small business loan?
What is a sole proprietorship?
What is a limited liability company (LLC)?
What is a legal partnership?
What is a corporation?
What is a personal credit score?
What is a business credit score?
What is a DBA?
Can I still apply for a PPP loan in 2024?
Is Lendio Legit?
What happens if I miss a payment or default on the financing?
If I accept an option in my Lendio account, do I receive the funds immediately?