Jul 16, 2020
List honors the New York metro’s most innovative, trusted and valued workplaces
WOODBURY, NY – July 16, 2020 – Lendio, the nation’s leading marketplace for small business loans, was named one of the 2020 Best Workplaces in New York by Great Place to Work® and Fortune. The ranking considered nearly 45,000 employee surveys in the tri-state area. Lendio took the 11th spot on the list for small and medium-sized businesses.
To determine the list and rankings, Great Place to Work evaluated more than 60 elements of team members’ experience on the job. These elements include the extent to which employees trust leaders, the respect with which people are treated, the fairness of workplace decisions and how much camaraderie there is among the team. Rankings are based on employees’ feedback and reward companies who best include all employees, no matter who they are or what they do for the organization.
“It’s truly an honor to be recognized by Fortune and Great Place to Work, particularly this year when work routines and environments have been in constant flux,” said Brock Blake, CEO and co-founder of Lendio. “Our employees are critical to Lendio’s continued growth and have been vital to Lendio’s success in facilitating emergency relief loans during the COVID-19 pandemic.”
On April 3, 2020, Lendio began facilitating Paycheck Protection Program (PPP) loans, the emergency relief funds set aside by Congress for small businesses. Lendio has since facilitated $8 billion in PPP loan approvals for 100,000 small businesses. To accomplish this, Lendio relied not only on its dedicated full-time staff but also on 200 additional temp-to-hire employees who played a pivotal role in the execution of this relief program.
“I love Lendio not only for our mission—helping small business owners achieve their dreams—but also for the people who make it happen,” said Lea Nill, Manager of Business Development & Partnerships at Lendio. “We are a family. Not only is Lendio invested in our career growth, but our personal growth as well. We celebrate one another’s milestones, whether they be personal or professional.”
“Best workplaces like Lendio have built powerful foundations of trust and human connection to help carry their organizations through stressful and uncertain times, especially now,” said Michael C. Bush, CEO of Great Place to Work. “This gives companies on this list a powerful opportunity not just to do well for their people, but to do well for their businesses and for New York during these challenging times.”
To learn more about career opportunities at Lendio, visit www.lendio.com/careers.
About the Best Workplaces in New York
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses from nearly 45,000 employees at Great Place to Work-Certified organizations in New York State or the tri-state/New York Metro Statistical Area. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with Fortune, visit Greatplacetowork.com.
About Great Place to Work
Great Place to Work® is the global authority on workplace culture. They help organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. They recognize Great Place to Work-Certified™ companies and the Best Workplaces™ in the US and more than 60 countries, including the 100 Best Companies to Work For® list published annually in Fortune.
Lendio is the nation’s leading small business finance solution provider. With its diverse network of lenders, Lendio enables small business owners to apply for multiple loan products with a single application. To date, Lendio has facilitated more than 300,000 small business loans for more than $11.8 billion in total funding, including $9.8 billion in PPP loan approvals as part of government COVID-19 relief. Lendio is a values-driven organization striving to provide equal access to capital to underserved communities and America’s smallest businesses. For every new marketplace loan Lendio facilitates, Lendio Gives—an employee-contribution and employer-matching fund—provides a microloan to a low-income entrepreneur around the world. More information about Lendio is available at www.lendio.com.
Spencer has spent the last ten years in the throes of all things marketing and communications. In the past, he has written for companies and clients spanning restaurants to SAAS companies, and entertainment guilds to yoga studios. Spencer has a B.S. in Communications from the University of Utah. When not writing or working, he can be found in the mountains on a hike, in a movie theater with a tub of popcorn, or on stage at a local theater.
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