Lendio in the News

June 30, 2023

Maryland Snags the No. 2 Spot for Minority Entrepreneurs to Succeed

A study by Lendio ranked Maryland as the second-best state for minority entrepreneurs to succeed, The Baltimore Banner reported. Barriers to capital disproportionately hold Black business owners and entrepreneurs, but Maryland helps minorities secure funding through the Community Reinvestment Act, Lendio reported.
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February 22, 2022

Collaboration Is The New Fintech Model

Lendio ended up partnering with 320 financial institutions — from big banks to CDFIs to regional lenders — to distribute $10 billion in PPP funds. The collaboration facilitated more than 200,000 PPP loans.
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April 6, 2021

Why PPP Loan Applications Are Getting Stuck And How To Keep Yours Moving

Small business owners and the American economy needed this extension. And though it has passed, the extension doesn’t necessarily mean the process will be any less frustrating for those in need of immediate financial relief.
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