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Launched [13] in early 2017, the Lendio Franchising program is the world's first franchised online lending marketplace; it has since grown to 100 franchise territories nationwide, and facilitated $430 million to over 7,000 small businesses [14] across the U.S. In Q2 2018, Lendio reported [15] 90% year-over-year revenue growth. In October 2018 ...
Lendio is a marketplace for business loans, and in the first round of PPP funding it says it helped connect 70,000 businesses with lenders. Lendio, Kabbage Help Fill PPP Loan Gaps for Small Businesses
Lendio's platform enables small business owners to fill out a free online loan application, then browse multiple loan products from a network of more than 75 lenders. In October 2018, Lendio announced [6] it had serviced $1B in total loans to over 51,000 small businesses across the country. In the first month of the Paycheck Protection Program ...
Kabbage provided small businesses with debt facilities. In March 2020, Kabbage suspended lending services for active and new customers in favor of offering loans to U.S. businesses through the PPP (Paycheck Protection Program) introduced as part of the Trump administration's COVID-19 economic stimulus package.
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Lendio and Credibly are two similar lenders that offer small business loans to a variety of borrowers. ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
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