Why Choose Lendio?
We’ve partnered with Lendio because they share our commitment to empowering small businesses with the tools and support they need to succeed. As the #1 small business financing marketplace in the U.S., Lendio has helped over 350,000 business owners secure more than $13 billion in funding and counting.
With a network of 75+ trusted lenders, Lendio gives Ricoma customers access to competitive financing options that are tailored to real business goals, not just credit scores. Whether you're looking to invest in a multi-head embroidery machine or expand into a one stop shop with printing, Lendio helps you compare offers and choose the best fit—with no obligation and zero pressure.
We trust Lendio because:
- They offer transparent, business-friendly terms
- Their platform is secure, fast, and easy to use
- You’ll work with a dedicated funding advisor, not a call center
- Their track record of success speaks for itself
At Ricoma, we want our customers to grow with confidence, and with Lendio, you can.
Four Simple Steps to Funding
Apply Fast
Complete one quick and secure application through our financing partner, Lendio. There’s no cost to apply and it won’t impact your credit score.* Whether you're just starting out or scaling your embroidery business, applying takes just minutes.
Compare Options
Once your application is submitted, you’ll get matched with multiple funding offers from Lendio’s network of 75+ trusted lenders. You can compare loan types, rates, and terms—so you choose what works best for your goals and budget.
Get Connected
You’ll be assigned a dedicated Lendio funding specialist who’s there to guide you every step of the way. Have questions about loan terms or need help deciding? Your specialist is there to make sure you feel confident about your financing decision.
Get Funded
Once approved, funds can be deposited directly into your business account in as little as 24 hours.** That means you can get the embroidery or printing equipment you need without delays, and start or expand your custom apparel business right away.
Frequently Asked Questions
Who is Lendio?
Who is Lendio?
Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform. The Lendio Marketplace matches business owners with funding from over 75 lenders and financial partners, all through one simple online application. Lendio’s Embedded Marketplace brings this experience seamlessly to small business service providers’ ecosystems, allowing them to embed a full loan application and funding solution within their platform. For banks and lenders, Lendio’s purpose-built software integrates within their tech stack to automate small business loan decisioning, underwrite applicants, and connect financial institutions with curated applicants from Lendio’s direct and embedded marketplaces. With a single technology platform, Lendio is fueling the dreams of small business owners wherever they seek capital. Since 2011, Lendio has facilitated more than 400,000 small business loans and other financing options totaling over $16 billion.
Is Lendio a direct lender? Is Lendio a bank?
Is Lendio a direct lender? Is Lendio a bank?
No. Lendio is the nation’s leading small business financing platform. We work with more than 75 lenders and funders to provide small businesses with more options to borrow. However, Lendio does not make loans directly.
Can I get a business loan with bad credit?
Can I get a business loan with bad credit?
It is possible to get certain types of business financing with a lower credit score. For example, some business cash advance funders will allow for a minimum credit score in the 500s. Just know that with a lower credit score, lenders typically look for a longer time in business and higher monthly revenue.
What credit score do I need to qualify for a business loan?
What credit score do I need to qualify for a business loan?
The credit score required to qualify for a business loan can vary significantly depending on the type of loan and the lender. However, as a general rule, lenders often look for a credit score of 600 or higher for traditional loans. Some types of loans, like the SBA 7(a) loan, may require a higher credit score, typically around 650 or above. On the other hand, some alternative lenders may have more flexible credit requirements, with minimum scores as low as 500.
Can startups get a business loan?
Can startups get a business loan?
Obtaining a business loan for a brand-new business can be quite challenging. However, startups can still get equipment financing right from the day they launch their business. Depending on their monthly revenue and credit score, they may qualify for cash advances, accounts receivable financing, or a line of credit within 3-6 months of starting their business.
*Filling out an application for business funding and submitting it to our funding partners will not impact your personal credit score. However, depending on the product and lender, accepting a funding offer may result in a hard credit inquiry, which could affect your personal credit score.
**Time to fund depends upon the product that you select, and can be as little as 24 hours, but may be longer.