Lendio

Customer base jumps 168 percent while revenue continues to climb in 2013 Lendio, the online leader* helping Main Street business owners secure financing, today announced record year-over-year revenue growth of 97 percent for the first quarter of 2013.  Their strong growth is fueled by the addition of lenders that specialize in small business lending. During [...]

Collaboration to fuel small business growth with more options for small business financing Lendio, the online leader* helping business owners secure financing, today announced it has joined forces with Experian’s Business Information Services to help small business owners manage their commercial credit and obtain the financing needed to fuel business growth and fund working capital. [...]

Roney receives $2,500 to help grow Red Wagon Toys and complete his education Lendio, the online leader* in helping businesses find the right business loan within minutes announced today that it has named Ty Roney, University of Utah MBA student and Founder/CEO of Red Wagon Toys, the winner of its 2012 Brock Blake Student Entrepreneur [...]

New client services and product leadership provide experience and a proven track record Capping exceptional success during 2012, Lendio has added four new veteran leaders, Adam Michaelson, Adam Tolman, Chad Fulmer and Layne Lathan to its Product and Client Services teams. “We had a great year in 2012 and know that 2013 is going to [...]

Last night the Washington Post reported that Karen Mills would be stepping down as head of the Small Business  Administration. During her tenure at the SBA, Mills oversaw $106 billion in loans to more than 193,000 small businesses and entrepreneurs. That included $30.5 billion in loan guarantees in 2011 and $30.25 billion in 2012. “Because [...]

Meeting the needs of small business borrowers makes Lendio market leader 85 percent of Main Street business owners using the Lendio.com platform in 2012 were matched to over $1.4 billion in loan approvals. Small business owners using the platform increased 47 percent in 2012 demonstrating strong demand for greater access to cash for funding working [...]

Third Quarter Ends With More Options for Small Business Owners Seeking Financing Salt Lake City, UT—October 31, 2012—A record number of lenders joining the platform enable Lendio to better meet the needs of an ever increasing number of small business borrowers. Lenders including: Bibby Financial Services, American West Bank, First Tennessee Bank, AFS Financial Group, [...]

Earlier this week Brock Blake appeared on the Entrepreneur Podcast Network in an interview with Eric Dye: Brock Blake, the CEO of Lendio which is a free online service that helps businesses find the right type of loan within minutes joins Enterprise Radio. Brock Blake, is an expert at helping businesses find funding and answers some common [...]

“When you’re the owner of a small business, knowing when to hire a senior employee isn’t always easy — but it is important. By freeing you to focus on high-value activities where you have true expertise, it can help you take your company to the next stage of growth or, in some cases, simply ensure [...]

Despite recent news from Thompson Reuters/PayNet Small Business Lending Index suggesting small business lending on the decline (the lowest level since October 2011), Lendio successfully introduces thousands of small business borrowers to lenders in June. The percentage of small business owners matched to lenders up 127 percent in June compared to October. “Banks, credit unions [...]