Lendio in the news

The Benzinga Global Fintech Awards are a yearly showcase of the greatest advances in fintech from leaders and visionaries in the worlds of finance and technology. This year, we have executives, developers and innovators from the likes of Facebook, Amazon, IBM, JP Morgan, Zelle, TD Ameritrade, TradeStation, Fidelity and so many more attending the Oscars of Fintech.

Earlier this week, Lendio announced its third annual Top 10 States For Small Business Lending list. According to Lendio, the list’s results were based on lending data from its online lending platform, which matches businesses to nearly 80 lenders. Lendio reported that the key findings included:

SALT LAKE CITY, Utah (News4Utah) Imagine going over 55 miles an hour over water…not in a boat, not in a plane, but on a zipline.

Benzinga, the leading digital financial media publication and data provider, announced today that over 200 finalists will be competing in nearly 30 categories at the 2018 Benzinga Global Fintech Awards.

In honor of the upcoming National Small Business Week, Lendio, the nation’s leading marketplace for small business loans, will announce its third annual list of top 10 states for small business lending. Based on lending data from the Lendio platform, which matches businesses with more than 75 lenders, the list will offer an inside look at how small businesses across the country approach financing.

Finance is a major area of running any operation, especially for small business owners. Therefore it’s important and essential to seek professional advice and resources. This is our 2018 Best Financial Blog list where we name the top financial blogs which we feel portray these characteristics and more. By providing this list, we hope to give small business owners and entrepreneurs a deeper understanding of their finances.

SALT LAKE CITY, Utah (News4Utah) - Brides around the world are designing their own edgy wedding gowns with the help of some Utah artists.

Thousands of businesses each year are declined much-needed loans to purchase equipment, add a location, or promote growth. Approved applications are still subject to a long, tedious process that can cost the applicant, on average, 25 total hours of work to complete. Since 2011, over 30,000 business owners have turned to Lendio to help fund more than $700 million in business loans.

Who are America’s small business owners and entrepreneurs? The answers vary depending on whom you ask.

SOUTH JORDAN, Utah (News4Utah) - Finding a small business loan is now possible in less than ten minutes, thanks to an up-and-coming finance brokerage.

There’s a certain drive for entrepreneurship that lies within most business owners. A motivation deep inside, pushing us to persevere even when the rest of the world is telling us to quit.

January, the month of great determination and resolve to change, is coming to a close. While a new year is an opportune time for small business owners to evaluate the prior year, visualize a new direction for the business and set goals for success, a study shows that 80 percent of resolutions fail by the second week of February.

“Money makes the world go ‘round…” No one understands that line from the musical Cabaret more than small business owners and entrepreneurs. You need money to start, run, and grow a business.

Entrepreneur magazine has unveiled its 39th annual Franchise 500®, ranking McDonald's as number one for the first time since 2000.

Revamping a flower business can be thorny, as Mark Ranalletti and his wife, Kathryn Wallingford, discovered after buying Calyx Flowers Inc.

Business articles and lessons are usually written about high-powered leaders of industries or key figures in multinational companies. We celebrate their intelligence, courage and self-confidence with good reason. They represent examples we can follow to improve our own lives.

Small business owners learn all the same lessons without any of the fanfare. Their successes and failures are more pronounced in their own lives and the lives of their families.

RINCON, Puerto Rico — Statton Davis planned to turn 17 in style.

The well-planned celebration included a friend-centered party, a vintage turntable, some classic rock vinyl and new snowmobile gear that he picked out long before his Dec. 2 birthday.

Instead, the Cache County teen marked his birthday with his dad, scrambling across battered tin roofs in Puerto Rico, converting orange buckets into water filtration systems — and learning a life lesson that all that stuff he thought was important might not really matter at all.

LAS MARIAS, Puerto Rico – Luis Barreto saw the orange buckets strapped to the roof of a slow-moving minivan and cried out for help.

Northern Utah businessman Ben Davis had slowed the rented van crammed with relief supplies and volunteers from Utah as he considered if the GPS was leading them astray, once again, as they navigated the narrow, mountain roads of Las Marias, a rural community about 80 miles west of San Juan.

Solar power is one of the fastest growing sources of energy in the world. What was once a niche market in alternative energy is now a mainstream source of electricity, and anticipated to continue growing in both capacity and jobs for the foreseeable future.

I often get questions from small business owners about their business credit. What is it, and what is it used for? In fact, many of the business owners I speak to don’t know their business credit score or that they even have one. Let me break it down: business credit reports are based on business demographics, public records, trade payment history, financial payment history, corporate family trees and identifying information for each business level, and small business owners and/or guarantors associated with the business.

Each year we hear about the holiday growth of big companies like Walmart and Amazon, and how many billions of dollars will channel through them during the season. The National Retail Federation expects $678 billion in retail sales during November and December. Although small businesses cannot compete on the scale of industry titans, small business owners can deploy intelligent strategies to ensure a happy and profitable holiday season.

Nelson Mandela once said, “Education is the most powerful weapon which you can use to change the world.” This holds true for every industry, whether you’re a small business in the Midwest or a tech startup in Silicon Valley. One company at the intersection of education and technology is Utah-based Instructure.

Small business loan marketplace Lendio announced it has provided more than $25,000 in loans to over 1,200 small business owners in 75 countries around the world through its employee-based Lendio Gives program in partnership with Kiva.

On Wednesday, p2p lending platform Lendio announced it has provided loans to more than 1,000 small business owners around the globe through its Lendio Gives program on Kiva. The online lender stated it gave over $25,000 in loans to over 1,200 small business owners in 75 countries.