Lendio Lands $2 Million More to Assist Business Owners in Securing Loans
Lendio completes $2 million in debt financing just months after announcing a $6 million round. In less than three months, Lendio users request $1 billion in business loans.SALT LAKE CITY -- Lendio, an online service helping people find small business loans and other sources of capital, announced today it closed on $2 million in financing from Square 1 Bank.“We’re impressed with Lendio’s progressive business model, which provides a solution to the challenges small businesses face in securing loans in this new economic environment,”