Lendio in the news

  • 9.18.2024

    Meow Launches Meow Financing in Partnership with Lendio to Fuel Small Business Growth

    Lendio and Meow, a business-focused neobank with over $1 billion in assets on the platform, announced a new initiative to provide Meow customers with access to capital through Lendio's embedded loan marketplace. The solution will be available to Meow's 1,000+ business customers through their website. Meow partnered with Lendio to provide instant qualification to customers based on their depositor data, allowing their customers to understand at a glance what capital options they could be qualified for.

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  • 9.16.2024

    Bankwell Financial Group chooses Lendio Intelligent Lending

    Bankwell Financial Group has announced an alliance with Lendio to use its platforms to deliver SBA 7(a) loan offers to applicants seeking business loans. This collaboration will use Lendio's Intelligent Lending platform to source, underwrite, and deliver instant SBA 7(a) loan offers to business loan applicants.

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  • 7.16.2024

    FIS launches small-business lending tool, first in planned portfolio

    FIS and Lendio have created application programming interfaces for FIS's SMB Digital Lending that connect Lendio's small business loan decision and underwriting software with FIS's cores. "This is a fit-for-purpose solution to a problem we were hearing about from the market," said Harry Stahl, a senior director from FIS's capital markets team, in an interview.

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  • 7.26.2024

    Small Business Owners Depend on Access to Capital but Struggle to Find Ideal Solution, Study Finds

    Lendio has released its inaugural State of SMB Lending report. In the survey of over 1000 small business owners, 68% of small businesses say access to financing is the most important factor in the growth of their businesses. “The current system wasn’t built for small businesses, so there is a huge market need waiting to be tapped,” said Brock Blake, CEO of Lendio. “The solution isn’t to pit banks against alternative lenders or make a full shift to banking-as-a-service. Every one of these providers has a contribution to make to an ecosystem that fully supports small business owners whether it’s through the bank they currently deposit with or the vendor that sells them supplies.”

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  • 9.04.2024

    Lendio Reveals Top States for Starting a Small Business in 2024

    Lendio, a leading marketplace for small business loans, has released the results of its latest study ranking the best states in the U.S. for starting a small business in 2024. Florida emerged as the top state for entrepreneurs, followed closely by Texas and North Carolina.

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  • 3.19.2024

    When It Comes to Woman-Owned Businesses, the West Coast Is the Best Coast

    The West Coast is one of the best places for woman-owned small businesses in the country, according to a study by online loan marketplace Lendio that ranked the top 10 U.S. states for women-owned businesses.

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