• The quick, no-nonsense guide to bootstrapping your startup to success, according to real founders who did it

    Not everyone likes to go the route of VC funding when starting a business. “Bootstrapping” is when you fund your startup through personal savings, and it’s becoming more and more popular for founders who want more control over the growth of their companies.

    more...
  • Lendio hosts Shark Tank-style event for local entrepreneurs, registration for 2019-2020 High School Utah Entrepreneur Challenge opens

    Utah-based Lendio is bringing its national event series, CrowdPitch, to the Multi-Chamber Luncheon from 11:30 a.m. to 1 p.m. September 26 at Conservation Garden Park, 8275 S. 1300 West in West Jordan. According to a press release, the Shark Tank-style event is for local business owners looking for business funding to be able to pitch their business growth plan to a panel of lenders and business leaders.

    more...
  • Squaring the Square Model Why Merchant Service Providers Must Evolve with Their Customers

    As Merchant Service Providers (MSPs) continue to look for new ways to address the needs of small and medium sized businesses (SMBs), the tricky thing that they contend with is how to best offer financial services to merchants of various shapes and sizes.

    more...
  • How Lendio helps small business owners take new ideas into the world

    When they need capital, most small business owners begin by applying for funding at banks. Yet traditional lenders are not set up to serve the smallest businesses. When the great recession hit the U.S. in 2008, it led to the worst economic dip and financial crisis since The Great Depression. The collapse of the money market left credit lines dried up as banks and financial institutions tightened their belts. Intensified lending restrictions then forced the growth of alternative lending systems, along with online lending marketplaces like Lendio.

    more...
  • Financial Strategies for Small Business

    Brock Blake believes so deeply in the American Dream that he made it his life’s mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1 billion in funding.

    more...
  • Mixed indicators on the possibility of Recession in 2020.

    Are there signs of a recession coming? What indicators should we be looking at to determine a slow down? Listen in as @batchelorshow and @genemars discuss the economy, small business hiring & more Small Biz news.

    more...
  • Are Business Loans Good For Your Bottom Line? 5 Questions To Ask Before You Borrow

    Recently, I had the pleasure of meeting and getting to know the owner of a bar in Utah called Legends Sports Pub. More than just a watering hole, they’ve built a solid reputation in the area as the place to gather to watch college and professional sporting events. For the last 10 years, owner Lisa Forman and her staff have built a loyal following, often filling the place to capacity with sports fans while getting to know their customer base by name and drink order.

    more...
  • 2019 FAST 50 HONOREES

    Every year, Utah Business awards the 50 fastest growing companies in the state. Ranked according to their total five-year revenue and their compound annual growth rate, here are Utah’s 50 fastest growing companies in 2019.

    more...
  • Utah among top 10 states for small business lending, Wasatch Front real estate market going strong, Employers Council appoints Utahn to board

    Utah is the ninth most successful state in applying for and securing small business loans, according to a quarterly report from Lendio, an online service that helps business owners find small business loans. The report shows that small business loan inquiries have grown 2% in Utah, but the number of funded loans has grown by 9%. That means there is a 5% growth in rates moving successfully from applications to funding.

    more...
  • Vermont artist wins local “Shark Tank” competition

    On Tuesday, Barre Pinske won more than $10,000 for his company. Pinske is a professional wood sculptor and entrepreneur. One of his specialties is making wooden bears. “I grew up in rural Minnesota in a woodworking family and I actually started working in a wood lath when I was six years old,” said Pinske. Some of his work has been sold to the U.S Pentagon, famous musicians, and museums. With running his own small business and still making art, he needs help from investors.

    more...
  • Successful Marketing Is About People, Not Products

    These days, successful marketing is about getting to the human story. And to get to the human story, we must think beyond the office walls. Steve Blank, author of The Four Steps to the Epiphany: Successful Strategies for Products That Win, has said, “In a startup, no facts exist inside the building, only opinions.”

    more...
  • CFPB support bolsters lenders’ alternative data developments

    As the US Consumer Financial Protection Bureau (CFPB) turns its attention to applications of machine learning and alternative data within credit markets, small businesses are likely to feel the advantages of the technological developments, says Brock Blake, CEO of Lendio.

    more...
  • Alternatives To Consider If Traditional Business Lending Isn’t an Option

    Capital is necessary to run a company and to acquire it a business loan is sometimes needed. Traditional lending options aren’t always available for various reasons, but that doesn’t mean you have to give up on finding financing.

    more...
  • Dollars And Sense: 4 Financial Keys To Startup Success

    Launching a new business can be one of the most exciting and rewarding experiences of your life. You get to be your own boss, fulfill your own dreams and watch the seeds you plant blossom right before your eyes.

    more...
  • US lending platform Lendio has facilitated over $1.5 billion in loans to small businesses

    In total, lending platform Lendio has facilitated $1.5 billion in loans via its platform, per the company's press release. The company was founded in 2011 and is the largest small business loan marketplace in the US, having facilitated over 75,000 loans according to Lendio.

    more...
  • A foundation for success: Tips on how you can create a corporate culture that works for everyone.

    It is often said the goals of franchisees and franchisors are the same, meaning one cannot be truly successful without the other. Anything franchisors do to make running a business easier for their franchisees will ultimately pay off for them. One of the most important aspects of laying the foundation for franchise success is helping franchisees define their workplace culture.

    more...
  • Lendio Milestone: Online Lender Surpasses $1.5 Billion in Small Business Loans Facilitated

    U.S.-based online lending platform Lendio announced on Tuesday it has facilitated more than $1.5 billion in financing to small businesses across the U.S. This news comes just a few weeks after Lendio acquired of cloud-based small business account platform, Billy, and the launch of Lendio’s bookkeeping software for small businesses, Sunrise. Founded in 2011, Lendio describes itself as an online service that helps businesses find the right small business loan within minutes.

    more...
  • New Jobs Data Shows Continued SMB Hiring Squeeze

    Small businesses appear to be pulled in two different directions. On the one hand, the latest payroll data show job growth continues, with small firms reporting confidence in the overall economy and their ability to grow with it. On the other hand, however, geopolitical volatility and a hiring squeeze from low unemployment have small business owners struggling.

    more...
  • Lendio Review 2019 – No.1 for Small Business Loans

    Online lending platforms have been gaining the confidence of the general public by providing fast and easy access to cash. Image result for lendioThey offer small loans to people at flexible terms and competitive interest rates. The rejection of almost 80% of small business loan applications from traditional banks is among the biggest factor behind the success of online lending platforms. These platforms offer various types of loans such as personal, business, home, refinancing and so on.

    more...
  • Lendio’s Latest SMB Economic Insight Report Reveals Owners Remain “Bullish” When It Comes to Growth

    U.S.-based online lending platform Lendio announced last week the release of its SMB Economic Insights report for 2019’s second quarter. The latest report revealed that small business loan inquiries increased by 57% over the previous three-quarter average, indicating small business owners continued appetite for growth in the quarter. Meanwhile, the number of small business loans funded in the quarter grew by 13% over the previous three-quarter average.

    more...
  • Getting multiple job offers? Here’s how to choose the right one

    Getting cold feet? You’re not alone. Increasingly, job seekers are having the luxury of choosing between multiple offers, reneging on job offers after interviewing with an employer or even after initially accepting the job. An Office Team survey from this past May found that 28 percent of candidates have backed out of offers they had previously accepted.

    more...
  • Unique lending company plays matchmaker for business owners

    Starting a business can be exciting, but difficult — one of the major setbacks entrepreneurs face is funding. If an entrepreneur doesn’t qualify for a loan or have something to put up for collateral at a bank, that can seem like the end.

    more...
  • Lendio Launches Sunrise, A New Bookkeeping Platform for Small Businesses

    Business applications have optimized virtually every task for running the backend of a company. In most cases, these tools are standalone products, which create compatibility issues when you add new apps.

    more...
  • Lendio Marries SMB Loan Management With Accounting

    Small business loan marketplace Lendio has announced the acquisition of bookkeeping software provider Billy.

    A press release Tuesday (July 23) said Lendio is rebranding Billy to Sunrise, a small business bookkeeping solution that integrates accounting, cash flow management, loan management and credit data into a single solution.

    more...
  • Lendio Announces Acquisition of Cloud-Based Small Business Accounting Platform Billy; Announces Bookkeeping Software For Small Businesses

    U.S.-based online lending platform Lendio announced on Wednesday the acquisition of Billy and the launch of its bookkeeping software for small businesses, Sunrise, which is a freemium bookkeeping software to meld accounting, cash flow management, loan, and credit information into a single platform.

    more...

Get your small business loan today.

$
Applying is free and it won't impact your credit
Already have an account?  
Sign in