Tuesday, March 24, 2015

Lendio Gets $20.5M More For Small Business Lending Marketplace

South Jordan, Utah-based small business lending site Lendio, which is led by Brock Blake, disclosed today that it has raised $20.5M in a funding round. The funding came from Napier Park Global Capital, along with Blumberg Capital, North Hill Ventures, and Pivot Investment Partners. Lendio's site helps small businesses find loans, with a quick form that collects such information as ZIP code, length of time in business, monthly sales, personal credit scores, and more. More information »