Lendio Franchise Announced in Downtown Phoenix to Expand Access to Capital for Local Businesses

Franchise owners David Carrizosa and Steve Didier will facilitate financing opportunities for small business owners in Phoenix’s diverse industries

PHOENIX – April 23, 2020 – Lendio, the nation’s leading marketplace for small business loans, today announced the opening of a Lendio franchise in Downtown Phoenix. Through the Lendio franchise program, David Carrizosa and Steve Didier will help local businesses apply for loans, review their options and secure funding, easing the financial hurdles for entrepreneurs.

Lendio is an online service that helps business owners find the working capital they need through its network of over 75 lenders. Funding options include SBA loans, startup loans, equipment loans, commercial real estate loans and more. In the last year alone, Lendio facilitated more than $500 million in loans.

The Lendio Franchising program matches small business owners with the nation’s top online lenders in a way that has never been done before, through funding experts in their local communities. Franchisees are small business owners themselves, and as such, understand the needs of local business owners and can guide them through the lending process. In Phoenix, Carrizosa and Didier will guide business owners through the process of securing the funding they need, all while ensuring that all aspects of their business are working to their strongest capabilities.

“In my decades in the Valley, I’ve started a number of businesses, served on various boards and worked with countless entrepreneurs to help their dream become a reality. I know firsthand how hard that can be,” said Carrizosa, co-owner of Lendio Downtown Phoenix. “Having a vision isn’t enough, you need business know-how and funding. Steven and I can’t wait to help other entrepreneurs secure financing to start or expand their company.”

Through strategic partnerships with community banks and SBA lenders, Lendio Phoenix will expand access to capital to small business owners in all of the area’s growing industries—from lines of credit for restaurants to startup funding for new businesses. In addition to being backed by the largest business loan marketplace in the country, Carrizosa and Didier’s franchise will benefit from Lendio’s strong, built-in supports, marketing campaigns and extensive hands-on training with a wide array of financing options and loan products.

“Roughly eighty percent of small business loan applications are being rejected by traditional banks that aren’t set up to serve small businesses,” said Mark Cottle, Executive Vice President of Franchising at Lendio. “Steve and David’s complementary skill sets will help so many businesses thrive. We are confident they’re going to make a measurable impact on the community through their educational and lending efforts.”

For more information on how to join the Lendio franchise program, visit: https://www.lendio.com/franchise.