May 12, 2021
Lendio Ranks Among Highest-Scoring Businesses on Inc. Magazine’s Annual List of Best Workplaces for 2021
The company makes the list for the third year in a row, citing work culture, growth and opportunity for its workplace success
Lehi, Utah – May 12, 2021 – Lendio, the nation’s leading small business finance solutions provider, has been named to Inc. magazine’s annual list of the Best Workplaces for 2021. The list results from a wide-ranging and comprehensive measurement of American companies that have created exceptional workplaces and company culture, whether teams are operating in person or remotely.
Lendio was founded in 2011 by Brock Blake and Trent Miskin. The company has since become the leading small business loan marketplace in the U.S. To date, the company has facilitated $12B in financing through more than 300,000 loans to small business owners across the U.S. This includes nearly $10B in Paycheck Protection Program loan approvals since the program’s inception in April 2020. As part of the company’s effort to facilitate these government relief funds, Lendio hired hundreds of temporary-to-hire employees, many of whom have joined the company full-time.
Collecting data from thousands of submissions, Inc. singled out 429 honorees this year. Each nominated company took part in an anonymous employee survey, conducted by Quantum Workplace, on topics including management effectiveness, perks and fostering employee growth. The organization’s benefits were also audited to determine the company’s overall score and ranking.
“The pandemic and the effects of the last year have been trying for everyone, small business owners in particular. Fortunately, Lendio’s committed team members, emboldened by the company’s values, have been able to distribute billions of dollars in relief funds to small businesses,” said Brock Blake, CEO and co-founder of Lendio. “Lendio’s participation in this unprecedented effort would not have been possible without the contributions of each one of our team members. We operate with a rule that each team member is the CEO of their own job, enabling them to do their absolute best work. Their commitment to saving livelihoods and the small business economy has been inspiring, and this recognition from Inc. is a testament to their hard work and dedication.”
“The definition of a positive workplace has changed drastically over the past year,” says Inc. magazine editor-in-chief Scott Omelianuk. “Stocked fridges and nap pods were no longer perks many companies could rely on once work went remote. So, this year’s list is even more important as it reveals organizations that continue to enrich the lives of its employees amid a pandemic.”
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
About Quantum Workplace
Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com.
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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