Small Business Owners Depend on Access to Capital But Struggle to Find Ideal Solution, Study Finds.
LEHI, Utah–July 25, 2024–Today, Lendio released its inaugural State of SMB Lending report. In the survey of over 1000 small business owners, 68% of small businesses say access to financing is the most important factor in the growth of their businesses. While respondents expressed confidence in...
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Lending Index Finds Lenders Split on Small Business Access to Capital, But Optimistic About Market Improvement
July 25, 2024–U.S. small business lenders increased requirements to qualify for financing in the first half of 2024, but are cautiously optimistic the market will improve, according to the Q1 2024 SMB Lending Index released today by Lendio. Lendio’s SMB lending index measures how accessible...
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Lendio Technology Is Now Being Used by FIS to Enable SMB Lending
Lendio is excited to announce FIS® (NYSE: FIS), a global leader in financial technology, is leveraging Lendio technology in the launch of its new SMB Digital Lending solution. FIS SMB Digital Lending aims to reduce the barriers to funding for...
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