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LendingTree Review

Reviews 13,664
Reviews 13,664
Caroline Benton
Feb. 29, 2024
4 min read
Caroline Banton
Lending-Tree Summary
LendingTree is a platform that helps borrowers quickly identify the financing solution they require. The company facilitates an instant comparison of several business loan providers showing different options and a wide range of credit and financing solutions. Although LendingTree is not directly a lender, customers can narrow down the available choices and select the right loan to match their needs.


  • A wide range of loan options
  • Customers matched with up to four financing options


  • The rates on the site are not guaranteed
  • The FAQ section is difficult to navigate

Lending-Tree at a glance

Editorial score

Online experience

Has learning resources, access to rates, mobile app

Customer services and support

Multiple ways of reaching lender, wide range of hours

Variety of loan types

Offers all loan types*

Loan amount range

Loan amount $500K+


Doesn't cover bad credit, low revenue, new businesses

LendingTree at a Glance

Loan typesSmall business loans, merchant cash advances, lines of credit, equipment financing, and receivables financing
Minimum monthly revenue$10,000
Loan amountUp to $500,000
Minimum credit scoreNot given on the website
Repayment TermsUp to 50 years
Time until funding1 day to 8+ weeks depending on the lender
Direct lender or marketplaceMarketplace


Originally founded in 1996, Lending Tree has become one of the largest and most successful lending marketplaces on the internet. For customers seeking a specific form of loan or financing, LendingTree facilitates an instant comparison of several providers. The company has created a network of known and trusted lenders in the United States and offers a range of credit and financing solutions. To date, LendingTree has helped customers fulfill over 65 million loan applications. Although LendingTree is not a direct lender, customers can narrow down the available choices and select the right loan to match their needs.

Suitable for?

LendingTree hosts a diverse marketplace for business loans with a variety of financing solutions that include equipment and receivables financing, small business loans of different terms, and more. Additionally, the company’s range of loan terms and repayment options make it an excellent alternative for businesses with unique requirements or that experience irregular cash flows. For newer firms, LendingTree hosts educational resources and articles highlighting best borrowing practices and responsible debt repayment. Overall, LendingTree is an excellent solution for businesses looking to grow but prefer to have more flexible financing alternatives at their disposal.

Loan Features

The LendingTree platform offers traditional business loans, SBA loans, different forms of financing, and business lines of credit. LendingTree stands out for its effective matching system, which entails a short application before supplying up to four results for each search conducted by a borrower. For a more flexible alternative, the company’s partners meet a range of needs thanks to a number of loan terms and repayment periods. LendingTree has a vast selection of educational resources available to all customers. Visitors to LendingTree’s website can view a selection of articles ranging from the basics of financing to small business best practices. Customers can also access videos, blogs, and other useful materials. LendingTree has a no-fee policy with no direct charges to borrowers that find a loan provider through the marketplace.

Some highlights from LendingTree:

  • A network of reliable lending partners
  • Up to $500,000 in financing
  • Instant matches returned after a fast and straightforward application
  • An outstanding range of financing alternatives
  • An extensive educational center full of helpful resources
  • A review of up to four matches for loans and financing
  • LendingTree does not charge any fees, and no personal guarantee is required

The Application Process

You can get started with LendingTree in just a few clicks. The company asks that customers fill out a basic questionnaire to begin the matching process. You will answer questions related to your company’s financial stability and other similar information. LendingTree does not originate the loans; therefore, the requirements for approval vary from lender to lender. However, customers can expedite the process by having the following documentation at hand when applying:

  • A business license
  • Previous bank statements
  • A recent balance sheet
  • Legal documents regarding firm ownership
  • Profit/loss statements
  • Personal and business tax returns
  • A business plan (in some cases)
  • Any documentation on outstanding debt

Specific requirements for credit scores, liquidity, and time in business vary among loan providers, but customers can be prequalified and matched without the need for extensive documentation at the outset. When the initial application is complete, LendingTree will automatically display at least four matches a customer can choose from. Once borrowers find the loan provider that matches their needs, they move on to close the terms directly with the lender of choice.

Loan Terms – Loans for Specific Needs

LendingTree stands out from its competitors in terms of the amount of choice they deliver to prospective borrowers. The company’s extensive partner network ensures several types of business financing for customers.

  • Small Business Administration (SBA) loans are backed by the federal government and extended by local banks or financial services providers.
  • Long or short-term loans offer more traditional financing with loan terms ranging from one month to 10 years.
  • Business lines of credit give companies a set amount of credit from which they can draw flexibly as the need arises.
  • Working capital loans pay for everyday operational expenses and are commonly used to cover shortfalls or gaps in cash flow.
  • Equipment financing is used to rent, lease, or purchase new equipment.
  • Accounts receivable financing works like invoice factoring, allowing borrowers to use outstanding invoices as collateral for short-term financing that can be repaid as soon as invoices are closed.

LendingTree’s impressive range of loan alternatives is matched by the loan amounts offered by in-network partners. Customers are approved for loans and financing up to $500,000, although most customers will not require such a hefty sum.

Since they are not a lender, LendingTree does not include information on APRs, interest rates, or other specific loan terms. 

Repayment Terms

LendingTree’s partner network offers customers a wide range of loan durations. Traditional loans through LendingTree have term lengths that stretch from as little as three months to 10 years. Some lenders may offer longer terms while some of the financing options available through LendingTree also feature much shorter repayment terms. Lines of credit and receivables financing, for example, may have a payment windows as short as one month. However, LendingTree does not list this information directly on their site as the company does not originate any of the loans offered by partners. Final repayment terms are agreed upon directly between the borrower and the chosen lender.

How Safe Is It?

As a marketplace, LendingTree collects some basic information from customers to provide a better service. The company shares some of this data with partners in its network to expedite the approval and lending process. However, LendingTree has transparent data collection practices and offers customers the ability to opt out of certain activities. The company strives to ensure the safety of its borrowers' information. LendingTree employs robust encryption protocols for transmitting and storing data, and industry-standard measures protect its data centers and servers from malicious attacks.

Help & Support

Customers can get in touch with LendingTree either via an email form on their website or through a toll-free number. The company’s service center is available from Monday to Thursday between 8:00 AM and 9:00 PM, Fridays between 8:00 AM and 8:00 PM, and Saturdays between 10:00 AM and 7:00 PM (all times are Eastern Standard). In our research, we found staff to be knowledgeable in their field and able to answer most of our pressing questions with ease. Email support takes slightly longer, but our queries received responses in as little as one business day. LendingTree also has an informative FAQ section and an extensive educational center.


Business borrowers can take advantage of LendingTree’s network of lenders to find the appropriate financing solution. The platform offers a range of financing alternatives from traditional loans to specialty options such as SBA loans and equipment financing. Customers can also benefit from flexible repayment terms and amounts. A straightforward application and matching process transitions businesses from shopping to rapid funding. Although LendingTree is not a direct lender, it has used its strategic position between borrowers and lenders to successfully connect companies to the right financing choice.

Physical Address

LendingTree, LLC

11115 Rushmore Drive

Charlotte, NC


Caroline Banton
Written by
Caroline Benton
Caroline Banton is a freelance writer of business and finance articles that have been featured in The Huffington Post, The Motley Fool, Time, MSN, PYMNTS.com, GOBankingrates.com, SaleMove, and MyBankTracker.com. Before becoming a writer, Caroline had over fourteen years of experience working at the World Bank. Caroline has an MBA from Johns Hopkins University. She writes for BestMoney and enjoys helping readers make sense of the options on the market.‎
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Trustpilot reviews
See what some customers are saying about Lending-Tree
Excellent • Reviews 13,664
We upload 100 to 400 Trustpilot reviews to our website daily, displaying them by default from "best" to "worst". You have the option to adjust the sorting criteria. If you wish to see all reviews, you can visit Trustpilot's website here.
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Dan F
9 hours ago
Quick and easy loan process
I received multiple loan offers from two different companies. Once I selected a company and specific loan, I had approval within 5 hours and funding next day. The entire process was easy and fast.
Rose Holmes
11 hours ago
The representative I worked with was…
The representative I worked with was very professional and patient. She articulated the details simply for me to understand. Walked me through it every step of the way. She was easy to work with and answered every question I had. I'm so glad I chose this Organization!
Rashidah Jones
17 hours ago
Process was very smooth and quick
Process was very smooth and quick. Everything was as promised from start to finish. Loan officers were knowledgeable and professional.
Curt McLaughlin
3 days ago
Ease of payment
Ease of payment
Steven Little
3 days ago
Very great work
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