Lendio East Valley Opens to Expand Access to Capital for Local Businesses

Owner Aaron Gilletti will facilitate financing opportunities for small businesses in Phoenix’s East Valley

CHANDLER, Ariz. – September  26, 2019 – Lendio, the nation’s leading marketplace for small business loans, has announced the opening of a new Lendio franchise in the Phoenix area’s East Valley. Through the Lendio franchise program, Aaron Gilletti, a local business owner himself, will help other entrepreneurs in the community apply for loans, review their options and secure funding.

Lendio is an online service that helps business owners find the working capital they need through its network of over 75 lenders. Funding options include SBA loans, startup loans, equipment loans, commercial real estate loans and more. Lendio has facilitated more than $1.5B in financing since its inception, with $500 million funded in the last year alone.

The Lendio Franchising program matches small business owners with the nation’s top online lenders in a way that has never been done before, through funding experts in their local communities. Franchisees, like Gilletti, are small business owners themselves, and as such, understand the needs of local business owners and can guide them through the lending process.

“The most exciting thing about opening Lendio East Valley is the interactions I have with local business owners,” says Gilletti. “I’m excited to help them achieve their goals and grow their businesses. Being able to provide hope and options, where traditionally they may not have known where to go or how to proceed, is incredibly satisfying.”

Through strategic partnerships with community banks and SBA lenders, Lendio East Valley will expand access to capital to small business owners in all of the area’s growing industries. In addition to being backed by the largest business loan marketplace in the country, the area franchise will benefit from Lendio’s strong, built-in supports, marketing campaigns and extensive hands-on training with a wide array of financing options and loan products.

“I grew up in the area and love it. Arizona has such a broad economy, and I’m really excited to help small to midsize operations jump to the next level,” continues Gilletti. “As companies grow, ideally they’ll be in a position to bring on additional employees, open up new locations and expand. This will have an immediate impact on the local community through an increased tax base, as well as through additional jobs offered.”

“Arizona ranks in this year’s Top Ten States for Small Business Lending, and demand for capital in the state continues to climb. Despite the demand, traditional lenders have been hesitant and slow to keep up with business owners’ needs,” says Mark Cottle, Executive Vice President of Franchising at Lendio. “The East Valley is the perfect place for this new franchise. Through Aaron’s established relationships in the community and his understanding of local challenges and opportunities, he’ll be able to connect business owners with loan options they didn’t even know existed.”

For more information on financing options available to small businesses, visit: www.lendiolocal.com/PhoenixEastValley.