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Business Financial Services

Lendio

Lehi, UT · Founded 2016 · LNDO

Read the 2021 FDD ↗www.lendio.com/franchise ↗
2026 Franchise 500
Unranked
—
units (2024)
19.4%
year over year

Units by Year

No unit counts recorded.

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$450,650 – $117,100
FDD Item 7
Franchise fee
$46,000
FDD Item 5
Ad fund
—
FDD Item 6
Financial performance
No
FDD Item 19 disclosure
Royalty

Currently, the following monthly amounts, based on each Anniversary Year of the Franchise Agreement: Year 1: $350 Year 2: $600 Year 3: $1,000 Year 4: $1,750 Year 5: $3,000

Leadership

  • Brock Blake

    Chief Executive Officer

  • Ben Davis

    Chief Franchising Officer

  • Chad Iverson

    Chief Operations Officer

  • Mark Cottle

    Executive Vice President of Franchising

  • Karen Peterson

    Chief Marketing Officer

  • Brian Hosie

    Vice President of Engineering

  • Kevin Jones

    Vice President of Finance

  • Mike Baguley

    Director Franchise Sales

  • Chad Carter

    Director Franchise Operations

On File

FDD years
2021202020172016
Select a year to open the FDD
Franchisee records
44
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
10 yrs

Franchise Disclosure Documents

PDFLendio FDD 2021Most recent · opens in a new tabPDFLendio FDD 2020Opens in a new tabPDFLendio FDD 2017Opens in a new tabPDFLendio FDD 2016Opens in a new tab

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.