Lendio in the news

Trust is uniquely important within franchise operations. After all, franchisees represent the company and are the ones most responsible for providing a great customer experience. Trust is critical for high-performance franchise organizations.

A new report by Lendio.com names Arizona as one of the top states for small business loans, with a No. 6 ranking among the 50 states for 2019.

Business loans grew 13% in Indiana last year, a new study found. Business.org, a business website that focuses on areas like startups, finance, IT, HR and marketing, found Indiana tied with Wisconsin for the 41st highest year-over-year business loan growth in the country last year.

Some of the biggest companies in the world — Microsoft, Alphabet and Facebook among them — were founded or cofounded by developers out to solve huge problems.

Remote work. It’s a phrase that conjures up fear in old-school managers, pangs of desire in hipsters and millennials, and countless think-pieces on LinkedIn. The reality, though, is that the number of people working remotely is increasing at a rapid pace and shows no signs of slowing down.

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

Want to be successful in business? There are scores of books, lectures, and articles that can teach you exactly how to do it. Or can they? In my experience consulting hundreds of small business owners around the world, I’ve found one consistent theme among the individuals who achieve big goals, and it’s not the amount of time they’ve spent studying how to be successful.

"Getting a small business loan is a sign of weakness." "Banks are the best place for small businesses to get financing." "Expect nothing but predatory practices from online lenders." Those are industry myths I hear daily in my current marketing position, and the longer they go unchallenged, the harder they are to correct.

"Getting a small business loan is a sign of weakness." "Banks are the best place for small businesses to get financing." "Expect nothing but predatory practices from online lenders." Those are industry myths I hear daily in my current marketing position, and the longer they go unchallenged, the harder they are to correct.

With all the financing options out there, trying to compare business loans can feel overwhelming. You can borrow from traditional lenders (banks or credit unions) to get the best deals, or you can borrow from online lenders for lower loan qualifications.

Last week Lendio announced that its bookkeeping and invoicing service, Sunrise, had partnered with WePay, an integrated payments business of JPMorgan Chase, to form the freemium product Sunrise Pay.

When applying for a loan for your business, do you prefer a do-it-yourself, automated process that’s fast and easy? Or would you rather work with an experienced loan professional who can advise you every step of the way?

If you’re a small business owner, you’ve probably needed loans to cover anything from getting through a slow season to expanding your initial footprint or exploring new product offerings.

Kevin Banahan operated his Brooklyn-based skateboarding academy as a side gig for years, renting space from another business. Eventually, he and his partner decided the academy had grown strong enough to merit its own location.

Microsites are somewhere in between a single landing page and an entire website. They are small, special-purpose websites for a single, dedicated communication (and conversion) goal set up by companies that already have a full site.

Lendio , the nation's largest marketplace for business loans, today released a new report on small business lending in the Northeast. According to the report, business owners in the Northeast have the highest approval rates for business loans in the nation.

I recently wrote Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? Since then, I’ve talked with a number of other firms and greatly expanded my database: Who are the major Revenue-Based (RBI) Investing VCs?

Corporate social responsibility (CSR) programs are all the rage for businesses looking to build better brand images and improve their bottom lines — and consumers are eating them up.

The big boss isn’t always the best boss. But the best ones can make a big difference, sometimes by doing little things.

Listening. Caring. Sharing. Celebrating. And, at times, getting out of the way.

Last week Lendio announced that its bookkeeping and invoicing service, Sunrise, had partnered with WePay, an integrated payments business of JPMorgan Chase, to form the freemium product Sunrise Pay.

Gender equality requires banding together. It is not a male issue or a female issue; it is a societal issue and a people issue. Men and women need to lean on our leaders who are paving and supporting the path to parity. With better alignment and more willingness to collaborate, we can change the equation.

In spite of growing concerns, the economy remains strong. As a result, entrepreneurs continue to seek fresh capital to help grow their businesses. According to a recent SMB economic insights report from Lendio, the demand for small-business loans is on the rise nationwide

Small businesses have been around since the time of early civilizations, and lending to small businesses is almost that old.

The roots of traditional lending can be traced back to 3,000-year-old written loan contracts from Mesopotamia, which show the development of a credit system and include the concept of interest.

Lendio, the nation’s largest marketplace for small business loans, today announced it has been named to MountainWest Capital Network’s 2019 Utah 100 list. Lendio ranks 42nd on the list of Utah’s 100 fastest-growing companies. The rankings were announced at the 25th annual Utah 100 Awards luncheon at the Grand America Hotel.

Lendio, a leading marketplace for business loans, recently announced its list of Top 10 States for Women’s Access to Capital.

Several states not on the list saw a high percentage of growth in small business loans to women, including Nebraska, Wisconsin, Arkansas, Idaho and Hawaii. However, when the percentage of women taking on loans is weighted with the success rate in going from application to funding, South Dakota ranks No. 1 in the country.