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      Lendio

      Engaged Employer

      Lendio reviews

      Mixed Feelings - Anonymous Lendio Employee Review

      2.0
      Jan 11, 2024
      Anonymous
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Good work life balance - Good culture that is driven by employees. - Great co-workers - Average benefits - it was once a wonderful place that I was proud to work at, but things have changed drastically.

      Cons

      - Struggles with profitability. - a long string of poor financial decisions from upper management. - Multiple layoffs but not once has middle to upper management been a part of those. - Very difficult to advance. They do not promote from within anymore, ruining one of the best aspects of working at a startup. - Management is not accountable at all. - Lendio is slowly losing what made them great - after laying off 50% of the company over the last 2 years they still focus on keeping middle management around. They forget they are a startup and should focus on the people that get things done.

      Explore other reviews about Lendio

      5.0
      Jan 17, 2026
      Account executive
      Recommend
      CEO approval
      Business Outlook

      Pros

      Communication, opportunity, above avg pay

      Cons

      Hold on to some individuals too long. Reactive, not proactive.

      1.0
      Apr 1, 2026
      Account executive
      Recommend
      CEO approval
      Business Outlook

      Pros

      The office is nice, there are some good people (not in management) and the food is nice

      Cons

      Where do we start?? Leads are sent to friends of managers, brown nosers and yes men first, the rest are sent out to the peasants. Favoritism runs rampant, rewards, shout outs and trips are given to the same people over and over, not due to performance but because they're hand fed goldend opportunities, I personally saw a top performer close 5 deals without ever speaking to the customer, just let the deal be tee'd up and then coasting while dinking around the office acting like he rules the kingdom. Managers are shallow, money hungry liars who care more about their appearance and stock holders than the people, like they used to. CANNOT recommend staying away enough!!

      1
      avatar
      Lendio Response
      2mo
      Thank you for the time you gave to Lendio and for leaving this feedback — even when it's hard to hear, it's important that we do. Fairness on the sales floor — how leads are distributed, how wins are recognized, and how managers show up for their teams — are things we take seriously. The nostalgia in your advice isn't lost on us. A culture where new reps get celebrated, coaching is genuine, and people feel like they belong is something worth fighting to keep. We're not interested in defending the gaps — we're interested in closing them. If you'd be willing to share more about your experience, we'd welcome that conversation. You can reach us at people@lendio.com. — Lendio People Team
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