Speaking on Business: Lendio

This is Derek Miller, Speaking on Business. Founded in 2011, Lendio is dedicated to servicing small businesses that traditionally finance leaves out. Through their marketplace of lenders and tools, more small businesses can qualify for and receive funding in record time. Co-founder and CEO Brock Blake joins us with more. Brock Blake: Small businesses are the backbone of our Utah communities, driving growth and innovation. At Lendio, we’re proud to support them by simplifying access to capital. We connect small business owners with one of our 75 lenders on our platform, matching them to financing options like SBA loans, equipment loans, working capital loans and lines of credit — whichever product best meets their needs. And, yes, the application process is free to the business owner. In 2024, we helped Utah small businesses secure millions in funding, empowering our local entrepreneurs to thrive and contribute to our state’s vibrant economy. Beyond funding Utah companies, we’re breaking down the barrier to capital access nationwide, and have provided over 15 billion dollars in funding to American small businesses. As the nation’s leading small business finance marketplace, we’re proud to call Utah home. Together, we’re building a future where accessing capital is simple, fast and personalized. Derek Miller: At Lendio, they see a future where small businesses can get the funding they need, right when they need it the most. They are helping to fuel the American Dream in Utah. For more information, visit the Lendio website. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business. Originally aired: 12/23/24