They purport to "make small business loans simple." But their actual functionality consists solely providing an embarrassingly small list of vendors, with almost no relevant information, and largely ignoring most of the requirements they had collected in a drawn-out interview process.
... and then selling the detailed information to five times as many random small financial institutions, who then proceeded to cold-call me all week.
I think my favorite was the one who insisted that if I didn't want information from his institution that I must have been a victim of identity fraud, then hung up. Then emailed me, which SPF failed. Quality partner right there.
So, don't give Lendio any of your information, because it won't be yours for long.
No comments:
Post a Comment