Press Releases

4.23.2020

Lendio Franchise Announced in Chicago to Expand Access to Capital for Local Businesses

Franchise owner Mabroor Parekh will help connect small business owners with financing opportunities to operate and grow CHICAGO – April 23, 2020 – Lendio, the nation’s leading marketplace for small business loans, today announced the opening of a Lendio franchise…

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Lendio Franchise Announced in Westchester County to Expand Access to Capital for Local Businesses

Franchise owner Charles Noonan will help small business get the capital they need, when they need it WESTCHESTER COUNTY, N.Y. – April 23, 2020 – Lendio, the nation’s leading marketplace for small business loans, today announced the opening of a Lendio…

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4.07.2020

Lendio Partners With Acronis to Deliver Business Capital to Cyber Protection Service Providers

Through this strategic partnership, Lendio will provide streamlined access to emergency funding and long-term financing solutions for Acronis’ US-based service providers and customers Lehi, Utah – April 7, 2020 – Lendio, the nation’s leading marketplace for small business loans, today…

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3.31.2020

Lendio to Hire 200 Agents to Match Small Businesses With CARES Act Loans

The aggressive workforce expansion will enable Lendio to help meet the demand for emergency capital made available by the SBA’s Paycheck Protection Program.

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3.24.2020

Letter to Congress

Lehi, Utah – March 24, 2020 – Lendio today joined companies around the country to send the following letter to U.S. Senate and House of Representative leaders. We call on them to quickly and decisively approve $500 billion in discretionary…

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3.17.2020

Lendio Tops $2 Billion in Small Business Loans

The online lending marketplace has facilitated over 100,000 loans through its high-tech, high-touch approach to small business financing.

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3.11.2020

Lendio’s Denada Ramnishta Named to Electronic Transactions Association’s Forty Under 40

Ramnishta was selected from a highly competitive pool for ETA’s 2020 class of payments industry leaders Lehi, Utah – March 11, 2020 – The Electronic Transactions Association (ETA) selected Denada Ramnishta of Lendio for its prestigious 2020 Forty Under 40,…

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3.05.2020

Lendio Franchise Opens to Provide Financing to Small Businesses in Miami

Franchise owner, Israel Flores, will expand access to capital through local banks and the nation’s top online lenders MIAMI, Florida – March 5, 2020 – Lendio, the nation’s leading marketplace for small business loans, today announced the opening of its…

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2.28.2020

Lendio Study: Small Business Owners United on Issues Across Political Party Lines

Taxes and maintaining consumer disposable income are top issues for small business owners in the 2020 presidential election Lehi, Utah — February 29, 2020 — Lendio, the nation’s largest marketplace for small business loans, today released findings from a national…

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2.27.2020

Lendio Closes $55M Series E Funding Round Led by Mercato Partners

Investment fuels development of next-generation loan marketplace, expansion of bookkeeping and lender services divisions

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