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...
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...
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...
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 ...
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...
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...