Market Overview

QuickBridge Partners with Lendio for Its Turndown Lending Program

Share:

QuickBridge,
a privately-held, leading financial services firm, announces its
participation in Lendio's turndown program. This partnership marks
another milestone in QuickBridge's commitment to providing business
loans to small businesses nationwide. As one of more than 20
participating Lendio turndown program lenders, QuickBridge provides
borrowers who have been declined with other options to obtain small
business loans.

Lendio
is a free online marketplace that helps business owners find the funds
they need to grow their business through the company's network of more
than 75 lenders. As a participating member on the Lendio marketplace
platform since 2014, QuickBridge is thrilled to be one of Lendio's early
participants in its turndown program, providing small to mid-sized
businesses with an even greater chance of loan approval.

The innovative Lendio turndown program allows participating lenders to
refer borrowers who have been declined to the Lendio marketplace. The
Lendio marketplace then works to connect business owners with a lender
that can provide them with the right loan and terms for their specific
business needs. Since different loans and lenders have different
requirements, it's typical for small business owners to be approved for
some loans and declined for others. For example, if a borrower is turned
down for an equipment loan, they may still qualify for a working capital
loan.

"We're excited to continue to deepen our relationship with Lendio
through their turndown program and provide small to mid-sized business
owners with access to additional financing and funding options," said
QuickBridge co-founder and Vice President of Sales, Jason Osiecki. "Most
people think that if they are declined by one lender, they'll get denied
by other lenders. But in fact, different lenders have different lending
requirements. I'm thrilled that we can now connect small business owners
who don't qualify with QuickBridge to other lenders who may approve
their request."

The Lendio Turndown program has facilitated more than $60M in loans.
"Lendio is pleased to have QuickBridge as a partner in the turndown
program," said Brock Blake, CEO, and founder of Lendio. "Working closely
together to provide additional funding options shows our shared
commitment to customer satisfaction and to helping America's small
business owners get much-needed access to capital."

For more information on QuickBridge visit https://www.quickbridge.com/.

About QuickBridge

Founded in 2011, Quick Bridge Funding LLC (stylized as QuickBridge) is a
privately-held financial services firm headquartered in Irvine,
California with a satellite office in New York City. QuickBridge
provides small business loans and short-term working capital loans for
small to mid-sized businesses nationwide. QuickBridge ranked two
consecutive years on the Inc. 500 list and is a previous Business
Intelligence Group and Equipment Leasing and Finance Association (ELFA)
award winner. Visit quickbridge.com.

Products offered by Quick Bridge Funding, LLC and affiliates are
business loans only. The products are provided by third parties and
subject to lender approval. Loans to customers in California are made or
arranged pursuant to a California Finance Lenders Law License. License
number: 603 J292.

About Lendio

Lendio is a free online service that helps business owners find the
right small business loans within minutes. With a network of over 75
lenders offering multiple loan products, Lendio's marketplace is the
center of small business lending. Bringing all options together in one
place, from short-term specialty financing to long-term, low-interest
traditional loans, our technology makes small business lending simple
and decreases the amount of time and effort it takes to secure funding.
More information about Lendio is available at lendio.com.

View Comments and Join the Discussion!