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Lendio Surpasses $1B in Small Business Loans (Infographic)

1 min read • Oct 18, 2018 • Melanie King

Small business owners know being an entrepreneur isn’t some lofty ideal; it’s a way of life. They also know that access to capital is critical to their livelihoods.

Since its inception in 2011, Lendio has been helping to bridge the financing gap for small business owners across the U.S., and the impact is multiplying. Through access to $1B in business loans to date, Lendio’s small business clients have generated an estimated $3.8 billion in economic output and created more than 25,000 jobs in communities nationwide.

While these entrepreneurs plant the seeds of small business, online lending helps them unlock their financial potential so they can take root and flourish.

 

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Melanie King

As a reporter and editor, Melanie has written about everything from retail and tourism trends to economic development for regional newspapers, trade publications, and national magazines. As Lendio’s Director of Public Relations, she specializes in reporting fintech industry news and its impact on American small businesses. Melanie has a B.A. in Journalism from Brigham Young University. She is also a backpacker, runner, and mom of four.