Market Overview Ends Q3 Adding Record Number of Lenders to Platform


Third quarter ends with more options for small business owners seeking financing.

Salt Lake City, UT (PRWEB) October 31, 2012

A record number of lenders joining the platform enable to better meet the needs of an ever increasing number of small business borrowers. Lenders including: Bibby Financial Services, American West Bank, First Tennessee Bank, AFS Financial Group, Business Banker, Pacific Premier Bank, and World Business Lenders enable thousands of small business owners to obtain the cash they need every month to fund working capital or finance growth.

“We serve small businesses that fit a certain profile,” said Kerry Brecker, Managing Director of World Business Lenders. “Lendio connects us to hundreds of high-quality, targeted borrowers every month.”

Some of the greatest challenges facing small business are associated with securing the capital needed to operate and fund growth. Instead of going from lender to lender, business owners use to be matched to the right loan for thier situation, in one place—saving time, money, and energy. matches small business owners with financial institutions—dramatically simplifying the process for both borrowers and lenders.

“When we found Lendio, it was quite amazing,” said Olya Losina, founder of Losina Art Center. “The whole process was completely effortless. With the financing help from Lendio, we're able to take our classes online with the potential of sharing our method of teaching art with students from all around the world.”

Small business financing enables business owners to:

Hire new employees
Increase marketing efforts
Grow and expand

“Financing growth and locating working capital is one of the biggest challenges facing small business owners,” said Brock Blake, Lendio CEO. “We're excited to welcome so many new lenders and partners to help our small business customers find the financing they need to fuel their American dream.”

Business owners across the United States can take advantage of this platform by creating a free Lendio profile. Within minutes, the business owner will be matched to business loan options that can help their business grow.

About Lendio:
Lendio ( makes business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources. Through a proprietary matching technology, Lendio helps business owners identify the type of business loan and specific lenders that offer the highest probability for that business owner to prepare and secure a business loan approval. Lendio is a free service to business owners. Lendio is venture-backed by Highway 12 Ventures and Tribeca Venture Partners. For more information, contact Lendio at press(at)lendio(dot)com.

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