The debate over stacking—the practice of multiple lenders making loans to one borrower, often in a short period of time and without a full picture of the business’s ability to pay—and whether it should be allowed in the business lending space, has been ramping up for a few years now.
Lendio has formed a partnership with Comcast to pitch its online lending-application platform to small businesses. The South Jordan, Utah, company started the arrangement with the Comcast Business subsidiary in early May, Lendio CEO Brock Blake said.
There are over 28 million small businesses in America — a diverse group of offerings that, taken collectively, are often referred to as the “backbone of the American economy.”
Applying for a small business loan is easier than it’s ever been. Online lenders have streamlined the process, brought it all online and whittled down approval times.
The customer is king, and it is a rat race when it comes to acquiring new customers in the online lending industry. Add to that the multiple options available to the customers and it becomes even harder.
DRAPER — Becca Grider and sister-in-law Lindie Royall have hit the small-business trifecta. The Utah women helped solve an inconvenience with a product people like in a manner that makes it almost effortless for anyone to become a customer.
Lendio released an infographic titled, “The Fast Lane to Better Small Business Funding.”
As we come upon Mother’s Day, George Washington’s quote rings true; there is no way that I would be the person that I am today without the sacrifice, motivation, and love from my mother. My mom has had a significant influence on the success that me – and
Lendio CEO Brock Blake joins Small Business Digest to talk about the best states for small businesses and more.
If you’ve ever applied for a loan, you know the painful process of comparison. Benzinga sat down with Lendio Founder and CEO Brock Blake to discuss the business.
Despite Trump’s recent comment that the 100-day mark is a “ridiculous standard,” it’s a good time to stop and look at the impact his first 100 days have had on small businesses.
Social media remains an untapped and misunderstood market for small businesses, but there are five networks that small businesses should look to leverage first.
Brock Blake, the founder of Lendio, a small-business lending marketplace which has 75 lenders, joins host Zack Miller to discuss its very unique franchise model and why other fintech firms can’t make that happen.
The Interstate 15 corridor that connects Provo to Salt Lake to Ogden is chock-full of tech companies and startups. In Lehi, an ecosystem of entrepreneurial activity has sprung up against the backdrop of the Wasatch Mountains.
The small business loan marketplace has introduced a franchise model, which is the third in a three-pronged strategy to increase awareness of Lendio amongst America’s small business owners.