Lendio vs Nav (2026): Fees, APR and Terms Compared
Short answer: Compare cost and size first. Lendio: Partner rates 6% to 60%; no fee from Lendio; $1,000 to $5,000,000, depending on product. Nav: Free to compare; 11.25% APR (SmartBiz SBA) to about 41% APR (Credibly short-term, Lender List est.); $5,000 to $5,000,000 across partner offers. The table and profiles below show who each one suits. Figures come from our full reviews of Lendio and Nav.
Lendio vs Nav at a glance
| Lendio | Nav | |
|---|---|---|
| Lender type | Loan marketplace, not a direct lender | Loan marketplace, not a direct lender |
| Products | Term, SBA, equipment, line of credit, cash advance and more | Business loan and card marketplace; Nav Prime credit plans; Nav Loans lines of credit via Fundbox |
| Amounts | $1,000 to $5,000,000, depending on product | $5,000 to $5,000,000 across partner offers |
| Cost | Partner rates 6% to 60%; no fee from Lendio | Free to compare; 11.25% APR (SmartBiz SBA) to about 41% APR (Credibly short-term, Lender List est.) |
| Term | 6 months to 25 years, depending on product | 6 months to 10 years, depending on the partner |
| Funding speed | As little as 24 hours after accepting; SBA 1 to 3 months | As fast as 4 hours to about 1 month, by partner |
| Founded | 2011 | 2012 |
| HQ | Lehi, UT | Draper, UT |
| Status | Active (2026-10-26); marketplace | Active (2026-10-26) |
Choose Lendio if
Best for: Businesses with 6+ months of history, $8,000 a month in revenue and a 600+ credit score that want one application to reach many lenders.
Choose Nav if
Best for: Owners who want to see several business loan offers side by side without a hard credit pull, and who also want to track or build their business credit scores in the same account.
Who should skip each
- Lendio is not for: Owners who want the lender and price before sharing their details, or who dislike sales calls.
- Nav is not for: Anyone who wants a single lender's fixed price up front, or who dislikes follow-up calls and emails from lenders. Nav does not lend; your rate depends on the partner.
Lender List verdict
Lendio: Lendio is a loan marketplace, not a direct lender: one free soft-pull application can reach 100+ partners across 11 financing types. What you pay depends on the partner you accept, from about 6% on a strong term loan to 60% on a line of credit, plus that lender's fees. Nav: Nav is a loan marketplace, not a direct lender: it is a solid free starting point for comparing 25+ funding partners, and its paid Nav Prime plans ($39.99 to $74.99 a month) are mainly for credit building. Expect partner offers from 11.25% APR (SmartBiz SBA) to about 41% APR (Credibly short-term, Lender List est.).
Frequently asked questions
Which is cheaper, Lendio or Nav? Lendio: Partner rates 6% to 60%; no fee from Lendio. Nav: Free to compare; 11.25% APR (SmartBiz SBA) to about 41% APR (Credibly short-term, Lender List est.). Your actual cost depends on the offer and how fast you repay, so convert any quote with our factor rate to APR calculator. Which funds faster, Lendio or Nav? Lendio: As little as 24 hours after accepting; SBA 1 to 3 months. Nav: As fast as 4 hours to about 1 month, by partner. How much can I get from Lendio or Nav? Lendio: $1,000 to $5,000,000, depending on product. Nav: $5,000 to $5,000,000 across partner offers. Read the full reviews: Lendio review · Nav review. Figures come from those reviews, which cite the lenders' own pages and third-party sources; see our methodology. Updated 2026-10-27. Pricing varies by offer; confirm with the lender before applying.