Lendio Funds Over 500 Business Loans in a Single Month; Business Owners in All 50 States Have Received Funding Through Lendio

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Lendio funds over 500 small businesses in one month. In addition, business owners from all 50 states have now been funded through Lendio’s online loan marketplace.

“Helping over 500 businesses in one month is a huge milestone, but I believe we're just getting started." - Jim Granat

Lendio, the leading online marketplace for small business loans, continues to show signs of growth by funding over 500 small businesses in one month. In addition, business owners from all 50 states have now been funded through Lendio’s online loan marketplace.

These major company milestones are paving a path for success for countless companies throughout America.

“We’re thrilled by the positive response we are seeing from business owners across the U.S,” said Brock Blake, Lendio’s founder and CEO. “It is very motivating to know that over 500 businesses will be closer to achieving their dream by getting funded through Lendio’s platform.”

Since Q1 2015, Montana only state in the U.S. without a business owner that had received financing through Lendio’s platform. In early September, Lendio assisted a home exterior business in Billings, Montana to secure a $23,000 loan. The states with the largest amount of funded business owners through Lendio are (ranked from highest volume to lowest volume):
California
Florida
Texas
Georgia
New York

"The day-to-day demands of a small business owner are very complex; they don't have the time to go lender to lender in search for the perfect loan. Our goal at Lendio is to simplify that process and give them the best options to get the business loan they are looking for,” said Jim Granat, Lendio’s Chief Operating Officer. “Helping over 500 businesses in one month is a huge milestone, but I believe we're just getting started. There are millions of business owners in the U.S. that are looking for financing; our goal is to do everything we can to help each one of them."

About Lendio
Lendio is a free online service that helps business owners find the right small business loans within minutes. The center of small business lending, our passion is fueling the American Dream by uniting the small business loan industry bringing all options together in one place—from short-term specialty financing to long-term low-interest traditional loans. Our technology makes small business lending simple, decreasing the amount of time and effort it takes to secure funding. For more information visit http://www.lendio.com

Contact
Jacqueline Hoof
10235 South Jordan Gateway, Suite 410, South Jordan, UT 84095
801-858-3616 x139
jacqueline.hoof(at)lendio(dot)com

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Jacqueline Hoof
Lendio
+1 801-858-3616 Ext: 139
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Ben Beck
Lendio
801-858-3649
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@Lendio
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