# LendingTree Review

> LendingTree is an online loan marketplace, not a direct lender. On the business side, it takes your details from a single form and matches you with partner banks and online lenders so you can compare offers. Founded in 1996, it's one of the best-known comparison platforms in U.S. consumer and small-business finance, and it's free for borrowers to use.

## Key takeaways
- LendingTree is an online loan marketplace (founded 1996), not a lender, that matches your details with partner banks and online lenders so they compete for your business.
- It's free for borrowers and can surface multiple competing offers from one form, covering term loans, lines of credit, SBA loans, and equipment financing via partners.
- It makes no credit decisions or loans, and its lead-based model means submitting your info can trigger numerous calls and emails from lenders.

## LendingTree at a glance

LendingTree is an **online lending marketplace** founded in 1996 and
headquartered in Charlotte, North Carolina. It's important to be clear on what it
is and isn't: LendingTree is **not a lender** and does not make loans or credit
decisions. Instead, it collects your information through a single request and
**matches you with partner lenders**, who then compete for your business. Its
pitch is that competition among lenders can help borrowers find better terms.

### How it works

- **One request** — you share details about your business and financing needs.
- **Matching** — LendingTree routes your request to partner banks and online
  lenders based on their criteria.
- **Compare and apply** — you review the offers that come back and complete a
  formal application directly with the lender you choose.

### What you can get matched with

On the business side, LendingTree's partners offer a range of products, including
**term loans, business lines of credit, SBA loans and equipment financing**. The
specific options depend on your profile, and all rates, fees and terms are set by
the individual lenders rather than LendingTree.

### Who it's best for

LendingTree suits owners who want to **cast a wide net quickly** and don't mind
fielding multiple lender contacts in exchange for more offers to compare. The
flip side of the lead-generation model is volume: submitting your information can
prompt a number of calls and emails, so it helps to set expectations and compare
offers carefully.

### How to decide

A marketplace is only as useful as the comparison you do afterward. Because every
offer comes from a third-party lender, weigh LendingTree's matches against other
options before signing anything. The simplest way is to apply once through Hoss
Capital — we'll connect you with lenders so you can compare the real numbers side
by side.

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Canonical: https://hoss-capital.pages.dev/lenders/lendingtree/

Sources:
- https://www.lendingtree.com/business/
- https://www.lendingtree.com/legal/licenses-and-disclosures/