Lendio Launches Beta Version of Lendio for the Loan Specialist

Screen Shot 2012-07-31 at 8.08.25 AMSaaS software helps financial institutions, lending departments, and loan specialists close more small business loans

Lendio, the online leader* in helping business owners secure financing, announced today the immediate availability of Lendio for the Loan Specialist (LS) in Beta.  Lendio LS is a Software-as-a-Service (SaaS) designed to help financial institutions, lending departments and loan specialists close more small business loans.

Lendio LS was built for the loan specialist. It provides increased visibility into deals while allowing them to manage every aspect of the loan process from one central place.

Lendio will be at the American Bankers Association (ABA) Annual Conference in New Orleans at booth number 616 to demo Lendio for the Loan Specialist on October 21 – 22, 2013.

“The small business loan process in most banks is a very manual and expensive process,” said Brock Blake, co-founder and CEO of Lendio. “We’re introducing technology specifically designed to help small business loan departments streamline and automate that process, ultimately helping more small business owners get the funding they need to grow, hire employees, and strengthen local economies.”

Lendio LS is designed to address four key pain points loan specialists deal with on a daily basis and alleviate the burdens associated with them. The four challenges loan specialists encounter include:

Business owners across the United States can get matched to the financing they need by creating a free Lendio profile. Lending partners on Lendio get introduced to borrowers within their footprint that meet their criteria and are looking for a loan. Within minutes, the business owner will be matched to a business loan option that will meet their needs and objectives.

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About the author

Ty Kiisel
Small business evangelist and veteran of over 30 years in the trenches of Main Street business, Ty makes small business financing and trends accessible in common sense language devoid of the jargon.


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