Press Releases

7.25.2024

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

LEHI, Utah–July 25, 2024–Today, Lendio 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…

more

Lending Index Finds Lenders Split on Small Business Access to Capital, But Optimistic About Market Improvement

July 25, 2024–U.S. small business lenders increased requirements to qualify for financing in the first half of 2024, but are cautiously optimistic the market will improve, according to the Q1 2024 SMB Lending Index released today by Lendio. Lendio’s SMB…

more
7.16.2024

Lendio Technology Is Now Being Used by FIS to Enable SMB Lending

Lendio is excited to announce FIS® (NYSE: FIS), a global leader in financial technology, is leveraging Lendio technology in the launch of its new SMB Digital Lending solution. FIS SMB Digital Lending aims to reduce the barriers to funding for…

more
3.05.2024

Lendio Surpasses $15 Billion in Financing to Small Businesses Across America, With More Than 400,000 U.S. Small Businesses Funded

LEHI, Utah—March 5, 2024—Lendio, the nation’s leading small business financial solutions platform, announces today it has surpassed over $15 billion in funding for small and medium-sized businesses (SMBs). That equates to over 400,000 SMBs receiving loans and financing through Lendio…

more
2.21.2024

CCBank Selects Lendio Intelligent Lending™ to Fuel Small Business Funding Growth and Opportunities for Utah Companies

CCBank will automate and expand its lending program for small businesses (SMB) with Lendio’s Intelligent Lending. LEHI, Utah—Feb. 21, 2024—Today, financial technology platform Lendio announced that Utah-based CCBank has chosen the Lendio Intelligent Lending solution to power its small business lending.  Historically for banks, providing an…

more
10.26.2023

Lendio Pledges Continued Support for Small Businesses with Employee Retention Tax Credit Applications

5,000 small businesses have received over $300 million from the ERC with Lendio LEHI, Utah—Oct. 26, 2023—Lendio, the nation’s leading small business financial solutions platform, today reaffirmed its commitment to supporting small businesses (SMBs) with the Employee Retention Credit (ERC)…

more
7.11.2023

Lendio Adds Heather Zynczak to its Board of Directors

LEHI, Utah—July 11, 2023—Lendio, the nation’s leading small business financial solutions platform, announces today the appointment of Heather Zynczak to its board of directors. Ms. Zynczak brings with her more than 25 years of product and marketing experience across enterprise…

more
6.14.2023

Lendio Releases Mobile App for Small Businesses to Manage Business Bank Accounts and Loans

New mobile app now available to the general public to empower SMBs with access, data and insights around their cash flow and capital  LEHI, Utah—June 14, 2023—Lendio, the nation’s leading small business (SMB) financial solutions platform, announces the commercial release…

more
3.16.2023

New Survey Finds That Small Business Lending Remains Stable Despite Turbulence In Big Banks

LEHI, Utah—March 16, 2023—Lendio, the nation’s leading small business financial solutions provider, released the findings of a new polling of the top 21 lenders and funders in its marketplace, in the wake of the FDIC’s recent takeover of two large…

more
10.24.2022

Lendio to Demo New Lending Technology at Money 20/20 in Las Vegas

Events include a Monday afternoon demo, Tuesday night happy hour, and opportunities to network with Lendio’s CEO and other company leaders Lehi, Utah–October 24, 2022– Lendio, the nation’s leading marketplace for small business financing, will attend the financial industry’s premier…

more

Subscribe to the Blog