Start-Up Costs and Fees |
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| Platinum Preferred Financial Group | Lendio | |
| Investment | 19990 - 19990 | 30150 - 117100 |
| Franchise Fee | ||
| Royalty Fee | to4K/mo. | |
| Advertising Fee | 2% | |
| Year Founded | 2017 | 2011 |
| Year Franchised | 2017 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Platinum Preferred Financial Group | Lendio | |
| Experience | - Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital | |
Financing Options |
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| Platinum Preferred Financial Group | Lendio | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
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| Platinum Preferred Financial Group | Lendio | |
| Training | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | |
| Operations | ||
Expansion Plans |
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| Platinum Preferred Financial Group | Lendio | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Franchise Fee | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Royalty Fee | |
| Platinum Preferred Financial Group | |
| Lendio | to4K/mo. |
| Advertising Fee | |
| Platinum Preferred Financial Group | |
| Lendio | 2% |
| Year Founded | |
| Platinum Preferred Financial Group | 2017 |
| Lendio | 2011 |
| Year Franchised | |
| Platinum Preferred Financial Group | 2017 |
| Lendio | 2016 |
| Term Of Agreement | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Renewal Fee | |
| Platinum Preferred Financial Group | |
| Lendio | |
Business Experience Requirements |
|
| Experience | |
| Platinum Preferred Financial Group | |
| Lendio | - Desire to build a business - Commitment to the Lendio Mission - Strong connection to your local community - Exceptional Networking skills in your local Small Business Community - $50-$60K in Liquid Capital |
Financing Options |
|
| Franchise Fees | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Start-up Costs | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Equipment | |
| Platinum Preferred Financial Group} | |
| Lendio | |
| Inventory | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Receivables | |
| Platinum Preferred Financial Group | |
| Lendio | |
| Payroll | |
| Platinum Preferred Financial Group | |
| Lendio | |
Training & Support |
|
| Training | |
| Platinum Preferred Financial Group | |
| Lendio | On-The-Job Training: 15 hours Classroom Training: 35 hours Additional Training: Ongoing |
| Support | |
| Platinum Preferred Financial Group | |
| Lendio | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Platinum Preferred Financial Group | |
| Lendio | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Platinum Preferred Financial Group | |
| Lendio | |
Expansion Plans |
|
| US Expansion | |
| Platinum Preferred Financial Group | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Lendio | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Platinum Preferred Financial Group | |
| Lendio | |
| International Expansion | |
| Platinum Preferred Financial Group | |
| Lendio | |