Jul 1, 2019
The new facility will allow the company to expand its workforce, services and sales capacity
SILICON SLOPES, Utah – July 1, 2019 – Lendio announced today the relocation of its headquarters to Lehi, Utah. Founded in 2011, Lendio opened its original headquarters in South Jordan, Utah, with roughly 15 employees. The company has since grown its workforce to 200, including the addition of an office in Woodbury, New York. Lendio’s move to Lehi allows the company to further accelerate this growth, with plans to hire another 100 employees, expand its services and increase sales capacity in the coming year.
Lendio is the nation’s largest small business loan marketplace. With loan options on tap from more than 75 of the country’s leading online lenders, banks and industry specialty lenders, the marketplace is a one-stop shop for thousands of business owners looking for capital to start, operate and grow. To-date, Lendio has facilitated nearly $1.5B in financing through more than 70,000 small business loans.
Lendio prides itself as a small business advocate, carefully vetting both lenders and employees. Lendio’s highly-trained lending experts work to present the best funding options possible to every small business borrower, ensuring his or her business is better off for taking out a loan. The decision to expand its headquarters in the Silicon Slopes area allows the company to hire from Utah’s deep talent pool in both technical and sales roles.
“We are proud to be headquartered in the Silicon Slopes and expand our team with the area’s top talent,” said Brock Blake, CEO and founder of Lendio. “The new office space allows for the addition of many new employees. Each will play a role in helping Lendio change the small business lending landscape for the better.”
Certified for three years running as a great workplace by the independent analysts at Great Place to Work®, Lendio was also recently named to Fortune’s Best Workplaces in Financial Services & Insurance and Inc. magazine’s Best Workplaces for 2019.
“Lendio has its sights set on future growth,” said Blake. “Even so, we remain focused on maintaining our strong workplace culture. We’ve worked hard to create an atmosphere where employees come to work excited every day, and we’ll continue to ensure every team member feels invested in the company’s long-term vision.”
Lendio is the nation’s leading small business loan marketplace. 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 over 200,000 small business loans for $10 billion in total funding, including $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.
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.
Address: 4100 N. Chapel Ridge Rd. Ste. 500, Lehi, UT 84043
Email: [email protected]