Jun 3, 2019

Lendio’s Ben Davis Named CXO of the Year by Utah Business Magazine


The award recognizes Utah’s top senior executives for outstanding performance in their roles

SILICON SLOPES, Utah – June 3, 2019 – Lendio, the nation’s leading marketplace for small business loans, today announced that Ben Davis, Chief Revenue Officer, has received the prestigious CXO of the Year award from Utah Business magazine.

Lendio’s Ben Davis Named CXO of the Year by Utah Business MagazineCXO award recipients are C-level executives from small, medium, large, public, private and government agencies that provide strong financial leadership, innovation and social responsibility to Utah’s business community.

“As CRO, Ben has aligned every revenue driving channel to make Lendio more efficient and profitable than ever before,” said Brock Blake, CEO and founder of Lendio. “Ben is a consummate leader who can always be counted on to provide solid direction and sound new ideas. He coaches, mentors, empowers and motivates his team in a way that few others can.”

Ben Davis joined Lendio in March of 2016 to lead the creation of a franchise program that is the first of its kind in the financial technology industry. Davis was promoted to CRO in July 2018, and has used his superior leadership skills to position Lendio for success in both the short and long term. In the last 12 months, Lendio has continued its trend of nearly doubling year-over-year revenue. To date, Lendio has facilitated over $1.4 billion in financing through more than 70,000 loans to business owners in all 50 states. Fueled by this access to capital, Lendio’s small business clients have generated an estimated $5 billion in economic output and created more than 35,000 jobs in communities nationwide.

One of the primary reasons I decided to join Lendio is its alignment with a cause I’m passionate about—helping small business owners access the right growth capital for their needs,” said Davis. “I have a deeply held belief that when you help people have more options, choices, paths to walk down or doors to open, they tend to make good decisions about which doors to walk through.”

Davis will be recognized at an awards event and luncheon on June 6 at the Grand America Hotel. He is featured in Utah Business magazine’s June issue.

About Lendio

Lendio is a free online marketplace that leverages machine learning to help business owners find the right small business loans within minutes. With a network of over 300 lenders offering multiple loan products and over 200,000 small business loans facilitated, Lendio’s marketplace is the largest in the country and the center of small business lending. Based in the Silicon Slopes of Lehi, Utah, Lendio was recently recognized by Glassdoor as one of the Top 50 Workplaces and has been certified for four years running as a great workplace by the independent analysts at Great Place to Work®. In addition, Lendio ranks on Fortune’s Best Workplaces in Financial Services & Insurance and Inc.’s Best Workplaces. For every new loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, provides a microloan to a low-income entrepreneur around the world through Kiva.org. More information about Lendio is available at www.lendio.com. Information about Lendio franchising opportunities can be found at www.lendiofranchise.com.

About the Author

Melanie King

Melanie King

As a reporter and editor, Melanie has written about everything from retail and tourism trends to economic development for regional newspapers, trade publications, and national magazines. As Lendio’s Director of Public Relations, she specializes in reporting fintech industry news and its impact on American small businesses. Melanie has a B.A. in Journalism from Brigham Young University. She is also a backpacker, runner, and mom of four.

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