Biz2Credit and Lendio aren’t the same kind of company. Lendio is a marketplace: it says it “is not a lender and does not make credit decisions,” and it passes one application to a network of outside lenders. Biz2Credit funds loans through its own subsidiary, Itria Ventures, or through Cross River Bank, and arranges SBA loans through partner banks. Go to Biz2Credit if you already clear its bar (a 650 credit score and, on its term-loan page, $250,000 in revenue) and want a term loan, line of credit or revenue-based financing from one source. Use Lendio if you want to see offers from several lenders, or if you need a product Biz2Credit doesn’t offer, such as equipment or receivables financing.
For more detail, see our Biz2Credit review and Lendio review, or browse every comparison in our lender reviews hub. A disclosure: SMB Compass is also a broker paid by the lenders it places loans with, so it competes with Lendio for the same borrowers. The figures below come from each company’s own site.
Biz2Credit vs Lendio at a glance
Figures checked on September 21, 2026. Pricing is shown exactly as each company quotes it.
| Biz2Credit | Lendio | |
|---|---|---|
| What it is | Financing platform; loans made by subsidiary Itria Ventures LLC or Cross River Bank; SBA via participating banks | Marketplace; “not a lender”; paid by lenders for referrals or funded loans |
| Products | Term loans, revenue-based financing, line of credit, commercial real estate loans, SBA loans | Small business loans, lines of credit, SBA loans, equipment financing, accounts receivable financing (from partner lenders) |
| Amounts | Term loans and RBF $25,000 to $2 million+; line of credit up to $500,000 | Calculator lets you request $1,000 to over $1 million; actual amounts set by each lender |
| Terms | Term loans 3 months to 5 years; line of credit 12 months | Set by each lender |
| Pricing as quoted | No rate or APR published; closing fees withheld from proceeds | No rates published; “qualification criteria, rates, and other funding terms will vary” |
| Minimum credit score | 650 (term loan, line of credit); 575 (RBF) | No single minimum; set by each lender |
| Minimum revenue | $250,000 (term-loan, RBF and line pages); homepage says $100,000 for term loans | No single minimum |
| Minimum time in business | 12 months (term-loan page also says 15); 1 year for RBF | No single minimum |
| Speed | Decision as fast as 24 hours | Funding “as soon as the next business day” depending on product |
| Credit check | Not stated on the pages reviewed | Applying won’t affect personal credit; accepting an offer may trigger a hard inquiry |
| Lender network | Its own subsidiary plus Cross River Bank and SBA partner banks | “Over 75 lenders” (how-it-works page) or “100+ lenders and financial partners” (homepage) |
How each one makes money and makes decisions
Lendio’s how-it-works page says “compensation may be received from lenders for referrals or funded loans, which may impact the placement of financing offers” (Lendio). That kind of disclosure is standard for any broker, SMB Compass included, so compare offers on APR and total repayment rather than on where they appear in a list.
Biz2Credit’s FAQ says “Biz2Credit is not a lender”; its term loans “are funded by Itria Ventures or Cross River Bank,” and Itria is “a wholly owned subsidiary of Biz2Credit” (Biz2Credit FAQ). In practice, Biz2Credit’s own group makes the credit decision on its core products, while SBA loans go through participating lender banks. You get one underwriting view, not a marketplace of competing offers.
What each costs
Neither company publishes a rate, APR or factor rate on the pages we reviewed. Biz2Credit says applying is free but “once your business is approved, there are fees associated with final closing,” deducted from your proceeds. Lendio says rates and terms “will vary” by lender (Lendio homepage), and its how-it-works page doesn’t say whether the service is free to borrowers. Ask about that directly.
Why there’s no worked example here
Without published rates from either side, any dollar example would be invented, so we haven’t included one. What you can do is ask every lender, whether it comes from Lendio’s list or from Biz2Credit, for the same five figures in writing: amount disbursed after fees, payment amount, payment frequency, total repayment, and APR. APR is the only one of these that lets you compare a factor-rate product with an interest-rate loan. Our explainer on factor rates vs APR shows how to convert one to the other.
Who qualifies
Biz2Credit
- Term loans: 650 credit score and “at least $250,000” annual revenue, per the term-loan page. The homepage says “FICO of 650 and $100,000 in revenue”. The two pages give different figures, so confirm which applies.
- Time in business: 12 months, though the term-loan page also says “at least 15 months in operation”.
- Revenue-based financing: 575 credit score, $250,000+ revenue, 1+ year in business.
- Line of credit: 650 FICO, $250,000 average annual revenue based on the last six months, 12 months in business; not available in all states.
Lendio
- Lendio doesn’t publish a single minimum. Its qualification estimator asks for monthly revenue, credit score, time in business, industry and business type, and each partner lender applies its own rules.
- That makes Lendio more useful to businesses that fall below Biz2Credit’s thresholds. Whether you actually get an offer depends on the lenders in its network.
Choose Biz2Credit if…
- You meet its 650 credit score and revenue minimums and want a term loan of $25,000 to $2 million with up to 5 years to repay.
- You want revenue-based financing, where payments track sales.
- You’d rather deal with one underwriter than field calls from several lenders.
Choose Lendio if…
- You’re below Biz2Credit’s credit or revenue thresholds and want to see who else will lend.
- You need equipment financing or accounts receivable financing, which Biz2Credit’s product pages don’t list.
- You want to compare several offers side by side and are comfortable with a marketplace that is paid by lenders.
If you’re weighing a marketplace against a single lender more generally, our Lendio vs Fundbox comparison covers the same trade-off with a line-of-credit lender.
Pitfalls to watch
- Hard inquiries after acceptance. Lendio says accepting an offer “may result in a hard credit inquiry”. Only accept an offer you intend to take.
- Offer ranking. A marketplace’s first offer isn’t necessarily its cheapest. Sort by APR yourself.
- Closing fees. Biz2Credit withholds closing fees from proceeds, so borrow enough to cover what you need after fees.
- Check the minimums. Biz2Credit’s pages give $100,000 and $250,000 as the revenue floor for term loans. Confirm which applies to you before you apply.
FAQ
Is Lendio a lender?
No. Lendio says it “is not a lender and does not make credit decisions.” It passes your application to lenders in its network and may be paid by them.
Is Biz2Credit a lender or a marketplace?
Something in between. Biz2Credit says it isn’t a lender, but its wholly owned subsidiary Itria Ventures funds its revenue-based financing and lines of credit, and term loans come from Itria or Cross River Bank. SBA loans go through participating banks.
Which one is cheaper?
Neither publishes rates, so the only way to know is to get offers and compare the APR and total repayment on each.
How many lenders does Lendio work with?
Lendio gives two figures: its how-it-works page says “over 75 lenders” and its homepage says “100+ lenders and financial partners.”
Next step
If you’d like help comparing offers, SMB Compass works with a panel of lenders and can help you line up term loans, lines of credit and SBA options side by side. Start with our small business loans overview, or read Biz2Credit vs OnDeck next.
Sources
- Biz2Credit: Term loan
- Biz2Credit: Homepage
- Biz2Credit: FAQs
- Biz2Credit: Revenue-based financing
- Biz2Credit: Line of credit
- Lendio: How it works
- Lendio: Homepage
About this page. Written by Ezra Cabrera, Content Team Lead at SMB Compass. Figures were checked against each lender’s own website on September 21, 2026; lenders change their terms, so confirm current terms before you apply, and let us know if you spot a figure that has changed. SMB Compass is a business financing broker: we don’t lend our own money, and we are paid by the lenders we place loans with. This page is general information, not financial, legal or tax advice.