Lendio was founded with one mission: make small business financing accessible, transparent, and fast. Over 15 years and $15 billion in loans later, that mission is still driving everything the company does.
Small businesses are the backbone of the American economy — creating more than 60% of new jobs and representing 99% of all U.S. businesses. Yet for decades, small business owners faced a fundamentally unfair lending landscape: too small for Wall Street, too risky for Main Street banks.
Lendio was founded to change that. By creating a marketplace where 75+ lenders compete for your business, Lendio gives small business owners the same power that large corporations have always had — the ability to compare multiple financing options and choose the best one.
The result: business owners get better rates, faster decisions, and a more human experience — all from a single, free application.
Lendio is established by entrepreneur Brock Blake with the vision of creating a marketplace that connects small business owners with multiple lenders through a single, simple application — eliminating the inefficiency and frustration of applying to lenders one at a time.
Lendio rapidly expands its lender network, onboarding dozens of qualified lending partners across multiple loan types. The platform funds its first $100 million in small business loans and establishes its dedicated funding manager model.
Lendio reaches the $1 billion milestone in total loans facilitated and surpasses 50,000 small businesses funded. The platform introduces AI-powered matching technology that dramatically improves approval rates and lender alignment.
During the COVID-19 pandemic, Lendio plays a critical role in helping thousands of small businesses access SBA Paycheck Protection Program (PPP) funds. Lendio facilitates billions in PPP loans and becomes one of the top PPP lenders in the country by application volume.
Lendio earns BBB Accreditation with an A+ rating — the highest possible — reflecting the company's commitment to transparent business practices and effective customer service. The platform surpasses 200,000 businesses funded.
Lendio continues expanding its lender network to 75+ partners and deepening its AI matching technology. The platform has now facilitated over $15 billion in small business financing and helped more than 300,000 businesses across all 50 states find the right loan.
Six principles that guide how Lendio serves small business owners every single day.
Financing should be available to every business that can responsibly repay it — not just those with perfect credit, long history, or existing bank relationships. Lendio's marketplace opens the door wider.
No hidden fees, no confusing fine print, no pressure tactics. Every loan offer presented through Lendio comes with clear disclosure of rates, terms, fees, and total cost so business owners can make fully informed decisions.
Time is money for small business owners. Lendio's digital-first approach eliminates unnecessary delays — from the 15-minute application to funding in as little as 24 hours for qualifying products.
Technology handles the matching; humans handle the relationship. Every applicant is supported by a real person who understands small business finance and is invested in finding the right solution.
Business owners share sensitive financial information. Lendio protects it with bank-grade encryption, regular security audits, and a strict data handling policy — treating your information with the respect it deserves.
Every loan Lendio facilitates is an investment in a business owner's dream, a community's employer, and the American economy. The company measures its success by the number of businesses that grow as a result.
Lendio operates from its headquarters in the heart of Utah's "Silicon Slopes" technology corridor — one of the fastest-growing tech hubs in the United States. The Lehi, Utah location is home to Lendio's leadership, technology, and operations teams.
Apply free in 15 minutes. One application. 75+ lenders. Funding as fast as 24 hours.