Since 2011, Lendio has helped more than 216,000 small business owners in the US to access the funding they need to build and grow their businesses—an important stat to share during Small Business Week.
That’s just one side of the story, however. Because it is Small Business Week, we thought we should share another side, too: what small business owners want—and need—to know before they apply for funding. Considering that 43% of small businesses intend to use external financing for expansion, products, or services,* simply applying can be a big step.
Brock Blake, Lendio’s cofounder and CEO, recently sat down with Ben Hodson of JobNimbus to discuss business financing from the perspective of business owners. You can watch their short (10-minute) discussion above, which covers:
If you’re among the 57% of small business owners in the US who wish they had more options when it came to securing capital for their business* or simply want to know how to access over 75 lenders, this video is a great place to start. Or if you’re more of a dive-right-in kind of person, feel free to start with an application instead.