Lendo
Stockholm loan comparison that asks up to 40 lenders after one credit check
Quick Overview
| Company | Lendo AB |
|---|---|
| Category | Business Lending Platforms |
| Headquarters | Stockholm, Sweden |
| Founded | Not stated |
| EU Presence | Yes - Sweden (EU); part of Vend Marketplaces ASA, Norway |
| Data Location | not stated on the pages we read |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Loan comparison, business loans for limited companies and sole traders, business credit, one UC credit check, Kreddy app |
| Pricing | Free and non-binding for the applicant, per the site; lenders set the loan price |
| Best For | Swedish businesses that want several loan offers from one application |
| Replaces | BlueVine Term Loan, BlueVine Line of Credit |
Detailed Review
Lendo AB is a Swedish company with organisation number 556515-1627 at Vastra Jarnvagsgatan 21 in Stockholm. Its privacy policy states that Lendo AB provides the services and is the customer's contracting party, while Lendo AS in Norway provides the technical brokering platform.
Lendo states that it is part of Vend Marketplaces ASA. The Swedish homepage describes a comparison service that sends one application to up to 40 lenders after a single credit check at UC.
How does Lendo work for business loans?
Lendo is a broker, not a lender. The business section lists loans for limited companies, sole traders and partnerships, plus business credit, property loans and EU loans.
The homepage states that you apply in 2 minutes, answers come from up to 40 lenders, and the service is free and non-binding.
Credit checks and data at Lendo
Lendo states that only one credit check at UC is needed to receive several loan offers. The privacy policy names UC AB and Dun & Bradstreet as sources of credit data.
Lendo AB and Lendo AS are joint controllers for brokering, so a data request to either company covers both.
Lendo as a European alternative to BlueVine
Lendo gives Swedish borrowers a market-wide comparison from a Swedish company, where BlueVine sells loans from its own lending partners. Lendo's homepage mentions loans combined up to SEK 800,000.
BlueVine offers checking and payments next to its loans. Lendo offers neither.
Limitations to Consider
Lendo is a comparison broker, so the price and terms come from the lender that makes the offer. The loan amount of up to SEK 800,000 appears next to the general loan comparison, and the pages we read do not say whether it applies to business loans. The site is in Swedish. Compare Funding Options for a UK broker.
Who Should Use Lendo
Swedish limited companies and sole traders that want to compare several lenders with a single credit check.
Pros and Cons
Pros
- Up to 40 lenders from one application, per the homepage
- One UC credit check
- Free and non-binding for the applicant
- Business loans for limited companies, sole traders and partnerships
- Organisation number and group owner stated
Cons
- Broker, not a lender
- Swedish-language site
- Business loan limits not clearly stated
- Joint data control with a Norwegian company
Alternatives to Lendo
Other European business lending platforms worth comparing before you decide:
See all European business lending platforms or compare them directly against BlueVine Term Loan on our alternatives page.
Frequently Asked Questions
For Swedish businesses, yes as a comparison route. Lendo AB is a Stockholm broker that sends one application to up to 40 lenders.
No. Lendo AB provides brokering of loans, and the lenders make the offers. The service is stated to be free and non-binding for the applicant.
Lendo states that one credit check at UC is enough to receive offers from several lenders.