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Lenders and the PPP: Customers Evaluate Their Performance
2020 has been a wild ride for small and mid-sized businesses nationwide, and the Small Business Administration's Paycheck Protection Program (PPP) has been a key part of that ride for the more than 5.1 million businesses that...
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Paycheck Protection Program 101: How to Get a Business Loan under the CARES Act
Note: The Paycheck Protection Program closed August 8, 2020. As is the case with nearly all aspects of the COVID-19 pandemic, new updates and decisions are being made every day. But amid many unknowns, small business owner...
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Lendio Named 2019 Consumer’s Choice Award Recipient in Business Loans by BestCompany.com
Pleasant Grove, UT - January 7, 2019 - Lendio has been named the 2019 Consumer’s Choice Award recipient in the business loans industry by BestCompany.com, an independent consumer review site. Lendio was selected to rec...
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5 Reasons PayPal Small Business Loans Might Not Be Right for You
If you've heard of PayPal Working Capital, you're probably wondering if it might be a good financing option for your small business. The program, which began just two years ago, offers PayPal merchants (as in, merchants who ...
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Alternative Lending: Funding Circle vs. Lending Club
When dealing with large banks, getting the funds your business needs can be a long and arduous process. Over the last several years, many alternative online lending companies have entered the scene to make the process of gett...
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Small Business Lending: 3 Reasons Alternative Lenders Have Overtaken Banks
The small business lending landscape is changing. According to a 2014 report from Ernst & Young, "nearly one in five [small businesses] reports having changed its primary bank in the past year." The reason: access to cap...
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