Compare LendingTree vs. Torro Small Business Loans

What’s the difference between LendingTree Small Business Loans and Torro Small Business Loans? See how our editors compare the two companies below.
Last Updated: January 16, 2018
Disclosure: We receive advertising revenue from some partners. 
Learn more.
LendingTree
9.2 / 10 - Excellent
#4 in Small Business Loans
Torro Small Business Loans
9.0 / 10 - Excellent
#5 in Small Business Loans
vs

Key Facts

  • Small Business Loans for Everything You Need
  • Use for Cash Flow, Debt, New Equipment, Etc.
  • Great choice for Small Business Loans A- with the BBB 
  • Fill out a short form (less than 3 minutes) and save money by comparing up to 4 free offers
  • When banks compete, you win!
  • Business Lines of Credit up to $225,000
  • Merchant Cash Advances up to $750,000
  • Fast approval with 48-hour funding
  • A+ BBB Accredited
  • Simple & paperless loan application
  • Multiple funding options for different types of business
  • Access to a list of small business lenders, brokers, and private investors

OVERALL RATINGS

 LendingTreeTorro
Loan Options10/109/10
Application Process9/109/10
Rates & Fees10/109/10
Reputation8/1010/10

Loan Options

Available Loan Types

 LendingTreeTorro
SBA Loans
Term Loans
Lines of Credit
Invoice Financing
Merchant Cash Advances
Equipment Loans

Rates & Fees

SBA Loans

 LendingTreeTorro
Min APR
6.5%
Max APR
9.0%

Term Loans

Fees: Depends on chosen lender

Lines of Credit

Fees: Depends on chosen lender

Lines of Credit

Fees: Depends on chosen lender

Invoice Financing

Fees: Depends on chosen lender

Merchant Cash Advances

Fees: Depends on chosen lender

Equipment Loans

Fees: Depends on chosen lender

Application & Qualifications

 LendingTreeTorro
Online Application
Approval Time
Minutes
Less than an hour, in many cases
Funding Time
24-48 hours
As little as 48 hours

Reputation

Customer Feedback

 LendingTreeTorro
TrustPilot Score
9.4 out of 10
9.2 out of 10
BBB Rating
A+
A+
BBB Positive Reviews
57
1
BBB Neutral Reviews
10
BBB Negative Reviews
54
1
Date Collected
2017-08-23
2017-08-23

Contact & Additional Information

 LendingTreeTorro
Homepage URL
Company Phone
(800) 310-1860
(866) 858-2404
Headquarters Address
11115 Rushmore Dr., Charlotte, NC, 28277
975 E Woodoak Ln Ste 10 Fl 1, Salt Lake City, UT, 84117
Year Founded
1997
2012

Final Verdict

LendingTree Small Business Loans has a higher overall rating than Torro Small Business Loans. LendingTree scores better than Torro across: Loan Options, Application Process, and Rates & Fees. However, Torro scores better on Reputation.


Customer Comments & Reviews

A
angelina
Bell, California
12/18/2016
Torro Small Business Loans review
I really appreciate if I can get loan I would be glad that I can have a little help .