Press Releases

9.14.2017

Lendio Partners with Ocrolus to Automate Bank Statement Analysis

SILICON SLOPES, Utah, Sept. 14, 2017 — Lendio, the nation’s leading marketplace for small business loans, today announced a partnership with Ocrolus, the emerging leader in bank statement review automation. The PerfectAudit API, powered by Ocrolus, analyzes uploaded bank statements with 99+% accuracy, replacing manual review…

more
7.27.2017

Lendio Surpasses $500 Million in Business Loans Originated Through Its Online Marketplace

SILICON SLOPES, Utah, July 27, 2017 /PRNewswire/ — Lendio, the nation’s leading marketplace for small business loans, today announced that it has helped facilitate more than $500 million in financing to over 21,000 small businesses across the U.S. Lendio helps fuel the American Dream through its marketplace…

more
6.13.2017

Lendio Pilots Online Lending Platform with Comcast Business Customers

SILICON SLOPES, Utah – June 13, 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced a pilot agreement with Comcast Business designed to provide its small business customers with quick and easy access to capital. Through…

more
3.01.2017

Lendio Announces First-of-Its-Kind Marketplace Lending Franchise Program

SILICON SLOPES, Utah – March 1, 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced it is expanding the reach and availability of its small business lending options with the launch of a new franchise program….

more
2.14.2017

New Lendio Survey: Perception of Trump Presidency Split Among Small Businesses

SILICON SLOPES, Utah – Feb. 14 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced the results of a new survey showing that small business owners’ perception of a Trump presidency is split, with 56 percent…

more
2.08.2017

Lendio Announces Record Fourth Quarter and Fiscal Year in 2016, Executive Promotions

SILICON SLOPES, Utah – February 8, 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced that it helped facilitate more than $70 million in financing through its marketplace of more than 75 small business lenders during…

more
1.26.2017

Lendio Announces Winner of National Scholarship to Small Business Families

SOUTH JORDAN, Utah – Jan. 26, 2017 – Lendio, the nation’s leading marketplace for small business loans, today announced the winner of its National Scholarship to Small Business Families. Julian Miyata, a United States Coast Guard member currently attending University…

more
12.08.2016

New Lendio Survey: Small Business Retailers Positive about Holiday Season Prospects

SOUTH JORDAN, UT – Dec. 8, 2016 – Following major retailers’ record-breaking online sales for Black Friday and Cyber Monday, Lendio, the nation’s leading marketplace for small business loans, today announced the results of a new survey showing that small…

more
10.25.2016

Lendio Raises $20 Million in Growth Capital Led by Comcast Ventures and Stereo Capital

LAS VEGAS and SALT LAKE CITY, – October 25, 2016 – Lendio, the nation’s leading marketplace for small business loans, today announced at Money20/20 that it has secured $20 million in funding from Comcast Ventures and Stereo Capital with participation…

more
10.06.2016

Lendio Launches National Scholarship to Small Business Families

SOUTH JORDAN, Utah – October 6, 2016 – Lendio, the nation’s leading marketplace for small business loans, today announced it is hosting a national scholarship program aimed at supporting small business owners and their families. The scholarship consists of two…

more

Subscribe to the Blog