Tagged: lendio

June 6, 2019 @ 8:35 am By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has appointed Denada Ramnishta as its new Senior Vice President of Lender and Partner Strategy. Prior to being promoted to this position, Ramnishta was formerly Head of Business Development and Partnerships. In her new role, she… Read More

January 24, 2019 @ 3:15 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has donated more than $130,000 to underserved business owners nearly 80 countries through Kiva microloans. According to Lendio, the donations were given through continued efforts to support business growth around the world, the Lendio Gives program has funded more than 5,000… Read More

October 25, 2018 @ 9:45 am By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it was named to the 2018 CB Insights Fintech 250 List of Fast-Growing Fintech Startups. This news comes after the online lender reported it has facilitated more than $1 billion in financing to more than 51,000 small businesses… Read More

October 15, 2018 @ 4:11 pm By Samantha Hurst  |  

Online small business lender Lendio announced on Monday it has facilitated $1 billion in financing to more than 51,000 small businesses across the U.S. since its inception in 2011. The lending platform reported that its small business clients have burgeoned, generating an estimated $3.8 billion in… Read More

July 26, 2018 @ 9:55 am By Samantha Hurst  |  

Online small business lender Lendio announced this week the release of its 2018 quarter 2 results, which recorded growth across all areas of its business, including 90 percent year-over-year quarterly revenue growth. The lending platform reported it has helped facilitate more than $900 million in financing to… Read More

July 6, 2018 @ 8:24 am By Samantha Hurst  |  

Online small business lender Lendio announced on Thursday it has helped facilitate nearly $120 million in growth capital through more than 5,0000 to small businesses in the state of California. The lending platform has reportedly funded more loans in California than in any other state… Read More

May 3, 2018 @ 8:53 am By Samantha Hurst  |  

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… Read More

April 9, 2018 @ 12:51 pm By Erin Hobey  |  

Online lender Lendio has reportedly facilitated nearly $60 million in loans through its lender turndown program. Lendio’s lender turndown program allows lending partners to offer a marketplace of loan options to customers that do not fit the lender’s credit box; this allows lenders to turn a… Read More

December 22, 2017 @ 10:52 am By Samantha Hurst  |  

Lendio, an online lending marketplace for small business loans, announced on Thursday the opening of a new Lendio franchise in the Rochester area. Through the Lendio franchise program, R.J. Muto will help local businesses in the community apply for loans, review their options and secure funding, and… Read More

December 15, 2017 @ 8:37 am By Samantha Hurst  |  

Lendio, an online lending marketplace for small business loans, announced on Thursday the opening of its new franchise in the Detroit Metro area. Through the franchise program, Darnell Parker, President of Lendio Regional Lending Services, will help local businesses in the community apply for loans, review their… Read More

December 6, 2017 @ 9:23 am By Samantha Hurst  |  

Marketplace lending platform Lendio, recently announced its has opened its new franchise located in Nashville, Tennessee. Lendio revealed that its franchise program makes accessing business loans easy by helping small business owners skip the legwork of looking for a small business loan. The online lender noted that… Read More

November 1, 2017 @ 9:11 am By Samantha Hurst  |  

On Wednesday, p2p lending platform Lendio announced it has provided loans to more than 1,000 small business owners around the globe through its Lendio Gives program on Kiva. The online lender stated it gave over $25,000 in loans to over 1,200 small business owners in 75 countries…. Read More

October 19, 2017 @ 12:06 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Thursday it has joined the Innovative Lending Platform Association (ILPA). The lender revealed that through its ILPA membership, it will work other members of the association to advance online small business lending education, advocacy, and best practices. ILPA describes itself… Read More

September 14, 2017 @ 10:00 am By Samantha Hurst  |  

Lendio announced on Thursday it has formed a partnership with Ocrolus, the emerging company in bank statement review automation. According to Lendio, the PerfectAudit API, powered by Ocrolus, analyzes uploaded bank statements with 99+% accuracy, replacing manual review with automation. Ocrolus’ technology notably allows lenders, for… Read More

July 27, 2017 @ 8:00 am By Samantha Hurst  |  

Lendio announced on Thursday it surpassed $500 million in business loans to over 21,000 small businesses across the U.S. through its marketplace lending platform.The growth milestone comes after a 141 percent increase in loans originated through the lender in the last fiscal year. The marketplace… Read More

June 13, 2017 @ 12:05 pm By Samantha Hurst  |  

Marketplace lending platform for small businesses, Lendio, announced on Tuesday it has signed a pilot agreement with Comcast Business. This new agreement is reportedly designed to provide Lendio’s small business customers with quick and easy access to capital. Lendio explained that the collaboration would also… Read More

May 1, 2017 @ 1:40 pm By Samantha Hurst  |  

Marketplace lending platform Lendio announced on Monday its annual list of Top 10 Best States For Small Business Lending. The list is based on the lending data from the lender’s platform, which matches small businesses with over 75 lenders. Speaking about the list, Brock Blake,… Read More

March 1, 2017 @ 10:13 am By Samantha Hurst  |  

Marketplace for small business loans, Lendio, on Tuesday it is expanding the reach and availability of its small business lending options with the launch of its new franchise program. The lender claims that this is an industry “first of its kind” program. Lendio stated that… Read More

February 14, 2017 @ 9:05 am By Samantha Hurst  |  

Marketplace for small business loans, Lendio, announced on Tuesday the results of its latest survey, which showed that small business owners’ perception of Trump’s presidency three weeks in is split. According to the survey, 56% of small business owners stated they believe the economy will… Read More

February 8, 2017 @ 5:01 pm By Samantha Hurst  |  

Marketplace lender Lendio announced on Tuesday its 2016 fourth quarter and fiscal year reports, which revealed it helped facilitate more than $70 million in financing through its marketplace of more than 75 small business lenders during fourth quarter 2016, with more than 3,300 small businesses funded during… Read More