Press Releases

11.04.2024

Lending Index Shows Mixed Sentiment on Small Business Capital Access, as Lenders Grow Optimistic Post Rate Cuts

November 4, 2024, Lehi, UT – Lendio’s Q3 2024 SMB Lending Index highlights a cautiously optimistic lending market, showing a modest rise in small business access to capital. Despite easing credit criteria, sentiment remains divided, with lenders expressing optimism about…

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9.17.2024

Meow Launches Meow Financing in Partnership with Lendio to Fuel Small Business Growth

Sept 18, 2024, Lehi, UT – Today, Lendio and Meow, a business-focused neobank with over $1 billion assets on the platform, announced a new initiative to provide Meow customers with access to capital through Lendio’s embedded loan marketplace. The solution…

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9.11.2024

Bankwell Financial Group Selects Lendio Intelligent Lending to Facilitate Instant SBA 7(a) Loan Offers

LEHI, UTAH – Sept. 12, 2024– Bankwell Financial Group, Inc. (NASDAQ: BWFG) announced a strategic partnership with Lendio. It will leverage Lendio’s Intelligent Lending platform to source, underwrite, and provide instant SBA 7(a) loan offers to business loan applicants.  Bankwell…

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7.25.2024

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…

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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…

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7.16.2024

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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3.05.2024

Lendio Surpasses $15 Billion in Financing to Small Businesses Across America, With More Than 400,000 U.S. Small Businesses Funded

LEHI, Utah—March 5, 2024—Lendio, the nation’s leading small business financial solutions platform, announces today it has surpassed over $15 billion in funding for small and medium-sized businesses (SMBs). That equates to over 400,000 SMBs receiving loans and financing through Lendio…

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2.21.2024

CCBank Selects Lendio Intelligent Lending™ to Fuel Small Business Funding Growth and Opportunities for Utah Companies

CCBank will automate and expand its lending program for small businesses (SMB) with Lendio’s Intelligent Lending. LEHI, Utah—Feb. 21, 2024—Today, financial technology platform Lendio announced that Utah-based CCBank has chosen the Lendio Intelligent Lending solution to power its small business lending.  Historically for banks, providing an…

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10.26.2023

Lendio Pledges Continued Support for Small Businesses with Employee Retention Tax Credit Applications

5,000 small businesses have received over $300 million from the ERC with Lendio LEHI, Utah—Oct. 26, 2023—Lendio, the nation’s leading small business financial solutions platform, today reaffirmed its commitment to supporting small businesses (SMBs) with the Employee Retention Credit (ERC)…

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7.11.2023

Lendio Adds Heather Zynczak to its Board of Directors

LEHI, Utah—July 11, 2023—Lendio, the nation’s leading small business financial solutions platform, announces today the appointment of Heather Zynczak to its board of directors. Ms. Zynczak brings with her more than 25 years of product and marketing experience across enterprise…

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