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Lendio Releases Annual Top 10 Best States for Small Business Lending List

Earlier this week, Lendio announced its third annual Top 10 States For Small Business Lending list. According to Lendio, the list’s results were based on lending data from its online lending platform, which matches businesses to nearly 80 lenders. Lendio reported that the key findings included:

Speaking about the list, Brock Blake, CEO and founder of Lendio, stated:

“Lack of financing makes it hard for small business owners to focus on the big picture. This list showcases how online lending technology is giving entrepreneurs the freedom to create, innovate and succeed.”

Lendio added that in 2017 it helped facilitate more than $300 million in funding in all 50 states, a 62% annual increase in loans originated through its platform.

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