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Lendr

By Lendr

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Lendr Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users love the ease of use of Lendr, finding the platform simple and efficient for managing their lending business. (9 mentions)
Users praise Lendr's exceptional customer support, finding the team responsive and helpful throughout their experience. (8 mentions)
Users find Lendr to be user-friendly, with a clean interface and responsive customer support enhancing their experience. (6 mentions)
Users highlight the fast and responsive customer service of Lendr, making their onboarding experience seamless and enjoyable. (5 mentions)
Users value the comprehensive loan management capabilities of Lendr, streamlining their entire lending process efficiently. (4 mentions)
Users find Lendr's pricing expensive, though it's comparable to other private lending software options available. (1 mentions)
Users experience poor performance during initial setup, requiring significant effort for data input and software transition. (1 mentions)

Top Pros or Advantages of Lendr

1. Ease of Use
Users love the ease of use of Lendr, finding the platform simple and efficient for managing their lending business.
See 9 mentions

See Related User Reviews

Christopher P.
CP

Christopher P.

Small-Business (50 or fewer emp.)

5.0/5

"Easiest Lending Software Ever"

What do you like about Lendr?

The ability to create a completely white label, self contained, and private experience for my clients. And the software is effortless.

Wes D.
WD

Wes D.

Small-Business (50 or fewer emp.)

5.0/5

"Clean, Simple, and Holistic"

What do you like about Lendr?

Lendr is a game-changer! From origination to servicing to investor management, the platform is remarkably straightforward and efficient. The user inte

2. Customer Support
Users praise Lendr's exceptional customer support, finding the team responsive and helpful throughout their experience.
See 8 mentions

See Related User Reviews

Wes D.
WD

Wes D.

Small-Business (50 or fewer emp.)

5.0/5

"Clean, Simple, and Holistic"

What do you like about Lendr?

Lendr is a game-changer! From origination to servicing to investor management, the platform is remarkably straightforward and efficient. The user inte

robbie k.
RK

robbie k.

Small-Business (50 or fewer emp.)

5.0/5

"Great app for new and experienced lenders"

What do you like about Lendr?

The interface was easy to work with and the customer service is awesome. There are always new features being added which is nice as well.

3. User-Friendly
Users find Lendr to be user-friendly, with a clean interface and responsive customer support enhancing their experience.
See 6 mentions

See Related User Reviews

Wes D.
WD

Wes D.

Small-Business (50 or fewer emp.)

5.0/5

"Clean, Simple, and Holistic"

What do you like about Lendr?

Lendr is a game-changer! From origination to servicing to investor management, the platform is remarkably straightforward and efficient. The user inte

robbie k.
RK

robbie k.

Small-Business (50 or fewer emp.)

5.0/5

"Great app for new and experienced lenders"

What do you like about Lendr?

The interface was easy to work with and the customer service is awesome. There are always new features being added which is nice as well.

4. Quick Response
Users highlight the fast and responsive customer service of Lendr, making their onboarding experience seamless and enjoyable.
See 5 mentions

See Related User Reviews

matthew y.
MY

matthew y.

Small-Business (50 or fewer emp.)

5.0/5

"Outstanding Experience with Lendr! ⭐⭐⭐⭐⭐"

What do you like about Lendr?

I had an exceptional experience working with Lendr! From start to finish, their team was professional, responsive, and truly invested in helping my bu

Luke S.
LS

Luke S.

Small-Business (50 or fewer emp.)

5.0/5

"Lendr is exactly what I was looking for"

What do you like about Lendr?

As a company that been around the block in private lending, we didn’t need bells and whistles—we needed a system that just worked. Lendr delivers. It’

5. Loan Management
Users value the comprehensive loan management capabilities of Lendr, streamlining their entire lending process efficiently.
See 4 mentions

See Related User Reviews

TE

Tim E.

Small-Business (50 or fewer emp.)

5.0/5

"Great site to manage your lending business"

What do you like about Lendr?

Lendr allows you to manage your lending business in one easy to use portal. It's easy to manage your contacts, collect your borrower items, originate

QW

Quin W.

Small-Business (50 or fewer emp.)

5.0/5

"This is what we needed!"

What do you like about Lendr?

We honestly love how the system takes care of everything for us. From loan underwriting and servicing to collecting payments and generating documents,

Top Cons or Disadvantages of Lendr

1. High Cost
Users find Lendr's pricing expensive, though it's comparable to other private lending software options available.
See 1 mentions

See Related User Reviews

Bryce M.
BM

Bryce M.

Small-Business (50 or fewer emp.)

5.0/5

"Simple, easy, does what it should"

What do you dislike about Lendr?

If I had to pick something, price. It's expensive. That being said, it's about the same as every other private lending software around so I can't comp

2. Poor Performance
Users experience poor performance during initial setup, requiring significant effort for data input and software transition.
See 1 mentions

See Related User Reviews

Wes D.
WD

Wes D.

Small-Business (50 or fewer emp.)

5.0/5

"Clean, Simple, and Holistic"

What do you dislike about Lendr?

The initial setup requires careful attention to detail and data input. It is a heavy lift to switch from another software platform, but the Lendr team

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Lendr Reviews (21)

Reviews

Lendr Reviews (21)

5.0
21 reviews
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BS
Loan Operations Manager
Small-Business (50 or fewer emp.)
"Streamlined, Intuitive, and Client-Friendly"
What do you like best about Lendr?

We use Lendr daily—from onboarding new loans, to servicing, and all the way through payoff.

The team has been incredibly responsive, always addressing our questions and open to feedback. Bryce is a true problem-solver and a huge asset.

The built-in automations have streamlined the onboarding process, saving us time and reducing manual steps. While we’re still learning the system, it’s clear that Lendr is far more intuitive and simplified than our previous software.

We are really looking forward to utilizing all the automations in coming months and seeing how AI is integrated. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

I don’t have anything I dislike about Lendr per say. It has different capabilities and processes from our previous software and that takes some getting used to. Switching lending software has taken significant time and effort. I would recommend starting with Lendr from the beginning. Review collected by and hosted on G2.com.

Ashley B.
AB
Financial Office Manager
Small-Business (50 or fewer emp.)
"5 Star Program & Customer Service"
What do you like best about Lendr?

What I like most about Lendr is the ease of use. The program is very user friendly and addresses so many of the issues that we had with our other software system. The amount of fields that can easily be adjusted makes the loan process so much easier. Lendr's ability to work in conjunction with our bank to push and pull payments was one of the top selling points for us. There are so many features about Lendr that are going to cause our company to be able to be more efficient and productive. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

Honestly, we don't have any area of Lendr that we don't like or have not found useful. We ran into a few bumps along the way during implementation but the owner/creator was so quick to respond and help us out. He has made the whole transition over an amazing experience. Review collected by and hosted on G2.com.

DM
Owner/ CEO
Small-Business (50 or fewer emp.)
"New Lendr User"
What do you like best about Lendr?

I started fractionalized lending in 2023 and my business took off in 2024 and was doing everything using word and excel, all while working fulltime. I found Lendr last month and it has been a HUGE time saver!!!! Not only does it make my life easier, it gave my company ya MORE professional look and feel. Not only does it have great loan analysis tools, it issues mortgage statements to my borrower and interest statements to my lending partners. My borrowers love it and so do my lending partners. Life changing for sure.

The system is fairly easy to use and pretty intuitive. I'm not using all of the features right now. I have been integrating them little by little. Final step for me will be document automation. But as for the features I've used, it's been great. Just sent up my ACH payments yesterday. Looking forward to collecting borrowers payments electronically and to not have to wait on checks to deposit or clear my account before I can pay lending partners.

Additionally, Bryce and Quinn did a great job with onboarding and providing technical support. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

There are a few draw backs, but the owners have been GREAT. They've already updated and changed some of the features to meet my and others needs. One of the drawbacks was that I could only link one bank account to the software. But today, they sent out an email stating that has been corrected and now we set up multiple bank accounts!!! Review collected by and hosted on G2.com.

Rick T.
RT
Owner/Operator
Small-Business (50 or fewer emp.)
"Couldn't Be Happier!"
What do you like best about Lendr?

Lendr has been a fantastic tool for us. We struggled with spreadsheets for some time until we decided to move forward with Lendr. We looked at all of the options out there and decided to go with Lendr and haven't looked back since. Bryce and his team have been amazing through our transition to the software and have integrated several features that we recommended. It seems to get better every week with new updates and features. Do yourself a favor and request a demo from Bryce - you won't be disappointed! Review collected by and hosted on G2.com.

What do you dislike about Lendr?

So far, I have not found a reason to not use Lendr Software in my business. Review collected by and hosted on G2.com.

Luke S.
LS
Director of Operations
Small-Business (50 or fewer emp.)
"Lendr is exactly what I was looking for"
What do you like best about Lendr?

As a company that been around the block in private lending, we didn’t need bells and whistles—we needed a system that just worked. Lendr delivers. It’s simple, intuitive, and does the heavy lifting right out of the gate. Onboarding borrowers is smooth, generating documents is seamless, and tracking payments couldn’t be easier.

What really sets them apart? The support. Bryce and his team are lightning-fast, knowledgeable, and actually care about solving problems—not kicking the can down the road like most vendors. The upcoming roadmap is going to be amazing and I can't wait to use the new features.

If you're serious about growing your lending business and want to avoid tech headaches, Lendr is the platform.

Highly recommend. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

Hardly any criticism of note. More often than not, a "problem" is just merely something I didn't know or understand, but Lendr support gets back to me in a timely manner and helps educate me on where I'm stuck. Review collected by and hosted on G2.com.

Wes D.
WD
Owner
Small-Business (50 or fewer emp.)
"Clean, Simple, and Holistic"
What do you like best about Lendr?

Lendr is a game-changer! From origination to servicing to investor management, the platform is remarkably straightforward and efficient. The user interface is clean, modern, and makes navigating the lending process a breeze. The pricing model is completely void of additional fees, and the customer service is exceptional. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

The initial setup requires careful attention to detail and data input. It is a heavy lift to switch from another software platform, but the Lendr team was there to advise and assist along the way. Review collected by and hosted on G2.com.

Mike C.
MC
Vice President
Small-Business (50 or fewer emp.)
"Best software/origination software there is."
What do you like best about Lendr?

I appreciate their flexibility. They help you tailor the software to YOUR needs as opposed to being stuck without features you may need. The software is simple, and quick to learn. The customer support is unmatched, Bryce and Quinn are quicker to get ahold of than your local police department. The pricing, in my opinion, is very fair. If you don't succeed with this software, the lending business just isn't for you, buddy. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

The only complaint I'd have about Lendr is that they don't advertise enough for me to have found out about them sooner. Review collected by and hosted on G2.com.

matthew y.
MY
I am the CEO
Small-Business (50 or fewer emp.)
"Outstanding Experience with Lendr! ⭐⭐⭐⭐⭐"
What do you like best about Lendr?

I had an exceptional experience working with Lendr! From start to finish, their team was professional, responsive, and truly invested in helping my business grow. The application process was seamless, and I was impressed by how quickly they provided funding. Unlike traditional banks, Lendr understands the needs of small businesses and offers flexible financing solutions tailored to individual circumstances.

Their customer service team is knowledgeable, friendly, and always willing to answer any questions. I especially appreciate their transparency—no hidden fees or surprises, just straightforward and fair terms. Thanks to Lendr, I was able to secure the capital I needed to take my business to the next level.

I highly recommend Lendr to any business owner looking for fast, reliable, and hassle-free funding. I will definitely work with them again in the future! Review collected by and hosted on G2.com.

What do you dislike about Lendr?

Nothing really stands out as a dislike. They are constantly updating and a great at taking feedback. Review collected by and hosted on G2.com.

RM
Founder
Small-Business (50 or fewer emp.)
"Very happy with Lendr!"
What do you like best about Lendr?

Bryce and Quinn have been awesome to work with. I've used MA and MO and found them both to be clunky, and hard to navigate. MA was overkill for my business ($8MM). Too many bells and whistles that I will never use. That fluff gets in the way of the basic functionality and makes the platform confusing. Lendr is simple to implement, learn, and use. Unlike other larger platforms, getting help is fast and seamless. Oh yeah, and the price is half of the other guys with no upsells. You get everything for one reasonable price. Awesome software! Review collected by and hosted on G2.com.

What do you dislike about Lendr?

Nothing yet. Everything seems to work as it should. Review collected by and hosted on G2.com.

Trey H.
TH
Owner
Small-Business (50 or fewer emp.)
"Great hard money lending solution!!"
What do you like best about Lendr?

I am really impressed with the ease of getting the borrower onboarded and documents collected. The credit score with a click is amazing! The AI integrations are leading the industry. BUT.... by far the best thing about Lendr is the customer service! Bryce is almost immediately available and eager to help with questions and onboarding was extremely smooth. Very easy to use software from day one. I have used several other lending platforms and the ease of use, customer service and overall experience is what separates Lendr. Highly recommend to anyone looking for private lending software. Review collected by and hosted on G2.com.

What do you dislike about Lendr?

The scope of work tracking construction draws is not yet available but coming within the next month. I am looking forward to that feature being available. Review collected by and hosted on G2.com.