After helping Zinch.com be acquired by Chegg, Brad Hagen comes to Lendio to mirror that success and develop relationships with lenders nationwide
SALT LAKE CITY – Brad Hagen, co-founder of Zinch.com, helped grow the company and position it for a big sell by establishing partnerships with colleges and universities nationwide.
Now, after Chegg announced it bought Zinch.com last Thursday, Hagen is trying to have similar success with Lendio, a company matching entrepreneurs and business owners with active lenders.
“There are a lot of similarities between Zinch and Lendio,” said Brock Blake, Lendio CEO. “We’ve already benefited from Brad’s experience. He’s added key lenders to our network, which are helping many business owners find the right business loans.
Zinch connects prospective college and graduate students to scholarships, colleges and universities. In much the same way, Lendio connects business owners with active banks, credit unions and other lenders.
Since Hagen has been at Lendio, the company has added lenders covering nearly 30 states, potentially helping millions of borrowers seeking financing in these markets.
“At Zinch, we were helping students find the right scholarships so they can get the best education possible,” Hagen said. “With Lendio, we’re helping businesses find the capital they need to grow their business, hire more people, and help the overall economy. My goal is to help Lendio have similar success.”
Lendio makes small business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources. Through a proprietary matching technology, Lendio assists a business owner to identify the business loan category and specific lenders that offer the highest probability for that business owner to prepare for and secure a business loan approval. Lendio formerly operated as FundingUniverse.com. For more information, contact Lendio at press(at)lendio(dot)com, or visit //www.lendio.com/