Lendio’s
#PPP
application is fully updated and live as of Monday morning.
Though the first few days are limited to community lenders, Lendio’s application will be available to all borrowers.
🎉GIVEAWAY 🎁10 winners 💰$500 each 💸Help your favorite, local small business win this daily giveaway during Small Business Week! ⬇️
1️⃣ FOLLOW
@lendio
on Twitter
2️⃣ LIKE this tweet
3️⃣ TAG each small business in separate comments
Official Rules Apply
"As thrilled as I am for the over 70,000 small businesses Lendio helped secure relief funds for, I am devastated for those who have been left out."
Lendio CEO
@BrockBlake
takes a look at the good, the bad and the ugly of the Paycheck Protection Program.
Lendio is accepting applications for Paycheck Protection Program loans. Our team will be working with every applicant to ensure the process is as quick, painless, and seamless as possible.
We are proud to have helped so many SMBs in such a short amount of time, devastated for those that didn’t get approved before the program reached its cap, and ready to rally if and when more funds are approved by Congress.
As small businesses fight to survive, we want you to know that we believe in you. We are your advocate, your friend, and we want to help you find the financing your business needs.
Learn more and apply now for free at .
We're thrilled to announce we have relaunched our streamlined online application for small business owners to access the government funds set aside for additional Paycheck Protection Program (PPP) loans.
"At Lendio, I am grateful to work with a team who not only sees me as an equal - they also see and value my distinct contributions as a woman.
I see you. Thank you for seeing me." — Karen Peterson
#womenoftheyear
#utahbusiness
#lendio
Since Congress is debating an increase in allocated funds, we’re providing you with everything you need to know to call your senator or representative and ask that the SBA get its act together.
#SavetheAmericanDream
#SmallBusiness
⚠️
#PPP
Application update: We are aware of the error after the application has been submitted yet still shows as “loading.”
This will not affect your submitted application. We are working to correct this error as quickly as possible.
We're blown away by the support we have received with our fight to increase PPP funds for small business owners with nearly 40,000 signatures! If you haven't yet, please sign, share, and help
#SavetheAmericanDream
?
A text between friends resulted in billions of dollars of loans going to small businesses, helping save companies and jobs during the coronavirus pandemic.
We're proud to have worked closely with
@MXenabled
to help small businesses across the country.
Thank you to Congresswoman
@MiaBLove
for bring FCC Chairman
@AjitPaiFCC
to Utah. Our CEO
@BrockBlake
enjoyed the discussion on how to improve technology regulations - especially around the outdated TCPA and Privacy laws.
Lendio has helped more than 213,000 small businesses receive PPP loan approvals totaling nearly $10B. With an average loan size of $52,000, we are helping many of the smallest businesses in the nation.
2 winners. $50 each. For the next 3 Mondays. 🎁💸 You have until 12/22 to tag 3 friends with the hashtag
#LendioLendsAHand
to win a $50 Mastercard e-gift card! Here’s how to enter ⬇️
As we continue into the new year, we wanted to take a moment to highlight that our
#LendioGives
program, has now provided over $595,000 in over 23,000
@Kiva
microloans to entrepreneurs in the developing world, with over $300,000 raised last year!
@buffer
A5: Both! We as an organization have one HUGE goal, then break it down by department and team members into much smaller, more attainable goals. It helps us to have something bigger to have in mind for what we're working towards!
#bufferchat
Introducing
#LendioSmallBusinessGrants
! 🎉💰As part of our mission to fuel the American dream, Lendio will provide $200,000 in grants to help 23 small businesses across the country.
Click the link to learn and start your application today!
We're so excited to announce that we've funded over $1 Billion in small business loans through the Lendio marketplace!!! Here's to $10 Billion more.
#AmericanDream
#BigWin
@BrockBlake
.
@BrockBlake
spoke with
@TheHustle
yesterday to discuss the PPP program. Here are five takeaways for business owners including what paperwork you need, whether or not you can apply at multiple banks, and how to start preparing for loan forgiveness now.
1/ In just 2 months, business owners have accessed $8 billion in Paycheck Protection Program (
#PPP
) loans through the Lendio marketplace.
The following data reflects PPP loans facilitated through Lendio’s platform from April 3, 2020, through June 30, 2020.
Given how important PPP funds are for small businesses, we think you deserve to know why you’re still waiting for them. There are six major reasons why, and one reason you're not.
We were honored to have
@MittRomney
speak at our town hall event yesterday! It was incredibly enlightening, motivating, and educational. Thanks Gov. Romney!
We're grateful to each one of you this year! 🎄❄️
This year has been unlike any other. We're thankful for the small business community's support and determination throughout 2020. We wish you a happy and healthy holiday season!
@ReutersBiz
The biggest thing that business owners can do is make sure their application is complete and their documents are uploaded. Proof of payroll expenses is vital since that his how the qualifying amount is determined. A step-by-step guide can be found here
Today, the
@SBAgov
stopped accepting applications for PPP loans without advance notice. Stay tuned for more updates on eligibility with Community Financial Institutions (CFIs). For all applicants with a current PLP number, funds are reserved.
"This round, we are again in desperate need of an extension, not for more funds, but for more time. Small business owners, lenders, & the economy depend on it."
Lendio Co-founder & CEO
@BrockBlake
shares with
@Forbes
why extending PPP is the only option.
Less than a week after the SBA started funding the newly launched Paycheck Protection Program (PPP) loans, the $350 billion allocated for the program has been depleted. What happened? Why did the money run out so quickly? And what should we do now?
Small businesses everywhere are depending on
@SBAgov
and
@USTreasury
to do what they said they would do and approve FDIC Banks and CUs, as well as the vitally important Fintechs. Please read and RT.
1/
#PPP
update 4/9: My biggest concern today is that until all qualified & legitimate lenders are approved to participate, millions of SMBs are at a disadvantage to getting a PPP loan - which puts their survival at risk.
Here's a story of 1 of the SMBs that we are helping:
Christmas came early for small businesses and nonprofits with the announcement that Congress has reached a deal on a stimulus package that includes $284B for the Paycheck Protection Program
#PPP
.
Read more about what we can expect & when it will return!
Trump has signed the new
#StimulusBill
that includes much-needed
#PPP
loans for America’s
#smallzbiz
We’re gearing up to help as many SMBs as possible
✅waiting for SBA guidance
✅Building online app
✅Prepping lenders
✅Hiring 500+ team mbrs
Goal: SAVING the American Dream🇺🇸
Join us Monday, March 22, 4:00 pm ET as Lendio CEO
@BrockBlake
hosts a
@YouTube
Live event to cover key updates on the latest round of the Paycheck Protection Program & advice on keeping your application moving forward.
Set a reminder to tune in live! 🔔
We're excited to see our co-founders
@BrockBlake
and
@TrentMiskin
were selected as finalists for the
@EY_EOYUS
Entrepreneur Of The Year® 2020 Award in the Utah Region.
“Lendio literally saved my business,” Chloria Chandler, owner of Bobbee O’s BBQ, shares her story on seeking business financing through Lendio and why she's hopeful for the future.
With our strategic relationship with
@JackHenryAssoc
, we have helped more than 250 banks and credit unions launch a digital PPP loan application. Dozens of financial institutions are being onboarded every day and many begin accepting applications that day.
Along with the SBA, Lendio urges Congress to appropriate additional PPP funds. Please sign this online petition urging Congress to immediately increase the PPP fund size to $850B.
We understand you may have questions about
#PPP
, so we’re calling in the most knowledgeable guy we know. Lendio’s CEO
@BrockBlake
will host a YouTube live session on Tuesday, January 5, at 6 pm ET to cover everything we know about the upcoming PPP round.
While we understand how frustrating this process has been, nothing makes us happier than seeing our borrowers receive their
#PPP
funds.
We were happy to help save this snow code shop - and can't wait to try one the next time we're in Florida.
We're proud to be recognized on the
#UtahBusinessFast50
list for 4 years running!
“In a year when businesses across the state have been in near-constant flux, it’s a great privilege to be among those on the Utah Business Fast 50” -
@Lendio
CEO
@BrockBlake
We're honored to be
#6
on Glassdoor's highest-rated companies for work-life balance during COVID-19!
We're grateful for the hard work and passion our Lendions have continued to show during these uncertain times.
It’s official! ✅
Very happy that Congress has just passed the Bill to extend
#PPP
application deadline beyond March 31 to May 31. Lenders can continue to fund until June 30th. 🙌🏼🇺🇸
There are still many SMBs to help!
Having facilitated PPP loans for over 70,000 businesses to date, we are prepared to expedite access to PPP funds as soon as they're available. We are pleased to partnered with
@Paychex
to connect its customers with much-needed relief funds.
@ReutersBiz
.Q4 First, know that you’re not alone and not a failure. If you can, cut costs and get creative as much as possible. Sell gift cards, go online, do what you can. Ask your landlord if they can give a reprieve. There is no harm in asking friends or family for help if they can.
We're excited to announce plans to hire 500 employees by the end of January 2021!
Lendio will hire 190 full-time temporary-to-hire employees, as well as a number of permanent team members to help support its core business.
We're excited to announce that Lendio is a finalist for two
@LendIt
Fintech Industry Awards! Nominations include:
• Executive of the Year from CEO
@BrockBlake
• Top Small Business Lending Platform
Winners will be announced on Monday, September 28th!
Lendio is excited to announce a partnership with
@Thryv
! We look forward to helping guide Thryv’s customers through the process of finding the right loan for their business so they can recover, grow, and succeed.
We are excited to partner with financial institutions across the country to power the forgiveness application process for Paycheck Protection Program (PPP) loans.
With this round of funding led by
@mercatopartners
, we’ll bring even more high-tech, high-touch capital to the small business economy to fuel the American Dream like never before! 🍾🤘🏼🎉
#SmallBusiness
#Entrepreneurship
Our
#LendioGives
partnership with
@Kiva
was recently featured by
@crowdfundinside
! Check out their spotlight on how the impact we’re making for women-owned businesses.
We're excited to announce that Lendio Gives, our employee-contribution and employer-matching program, has provided more than 20,000
@Kiva
microloans to entrepreneurs in the developing world!
We are incredibly proud to announce our CEO,
@BrockBlake
, has been recognized as one of Wasatch Innovation Network's
#WIN100
top entrepreneurs in Utah! We are elated to see Lendio's hard work in the community being recognized.
#UtahEntrepreneurs
#UtahBusiness
We're excited to announce Lendio has been selected as one of Great Place to Work® (
@GPTW_US
) &
@FortuneMagazine
's 2021 Best Workplaces in Financial Services & Insurance. Lendio has been on the list for two years running, this year coming in at 35th place.
Join us tomorrow at 3:30 pm ET/12:30 pm PT for a YouTube live stream event with Lendio CEO
@BrockBlake
as he answers questions about what's next for the Paycheck Protection Program, our online petition, and more.
#PPPFAQ
Can you use a PPP loan for expenses other than payroll?
While the loans are intended for payroll-related costs like salaries and health insurance premiums, you can actually use a PPP loan to cover a wide range of pandemic-related operating costs.
Did you catch Lendio CEO
@BrockBlake
on
@CNN
this morning?
Be sure to watch as he talks about the new, simpler
#PPP
Forgiveness process and the urgent need for another stimulus package to help small businesses.
"Retail shops have been decimated, and meanwhile in Washington, they're playing politics.”
@BrockBlake
CEO of online lending platform
@Lendio
facilitated $8bn in SME loans in 2 months (!) - calls for an urgent
#stimulus
compromise.
@buffer
A6: It's always revolving! Data can push you in different directions, so you have to be structured, but also lenient to get the most out of your posting!
#bufferchat
We're excited to feature Lendio CEO
@BrockBlake
and
@CNN
's
@jchatterleyCNN
conversation from
@LendIt
Fintech USA!
Watch as they chat about the state of small business lending and the ongoing challenges wrought by the coronavirus pandemic.
Watch here:
Lendio has been named to
@Inc
's annual list of the Best Workplaces for 2021, a reflection of the hard work and commitment of our entire team. "Their commitment to saving livelihoods and the small business economy has been inspiring," says CEO
@BrockBlake
Thousands of companies are at risk of having to close their doors if these problems don't get solved quickly. We're working around the clock, and are 100% in your corner.
#SmallBusiness
In honor of
#MLKDay
, a team member shared the following message in our Diversity & Inclusion channel:
"Today, we remember and celebrate the legacy of civil rights and American hero, Martin Luther King Jr. One of the many things remembered about Dr. Martin Luther King is.. (1/6)
@buffer
A4: Start conversations, engage with your community, invite them to share their insight. Some of our best performing posts are when we feature small business owners on our blog and social because they're relatable!
#BufferChat
We're excited to announce Karen Peterson has joined Lendio as Chief Marketing Officer.
“I believe that marketing is a discipline, not a department, and I’m thrilled to bring my passion for branding and performance-based marketing to the Lendio team."
Small business growth creates a powerful positive feedback loop of new jobs, higher wages, and more consumer spending that propels the economy like rocket fuel.
#smallbiz
#economy
@theBaldJohnGalt
We are sorry that you feel there was no notice for the closure. Numerous email communications and pop-ups within the app were sent out starting in Nov. 2022 explaining this and recommending you export any information you wanted to retain access to prior to the April shutdown.
Over the last 10 years, minority-owned businesses accounted for 50% of the 2 million businesses started and 4.7 million jobs in the US.
It's important to support these businesses as a consumer and as a business owner. Check out these 7 ways you can!
Now that many of us are getting the chance to work remotely for the first time, we’re learning that it’s not as carefree and flexible as we imagined.
Check out our 6 biggest takeaways about working remotely that no one told you about.
Lendio CEO & co-founder
@BrockBlake
shares the new provisions designed to help the smallest businesses and the ones struggling the most.
Here’s what you need to be aware of as a small business owner getting ready to apply.
The Paycheck Protection Program (PPP) promised relief for many Main Street businesses struggling amid the pandemic, but the speedy rollout has led to a lot of questions. We answer some of the most common questions we’ve received here.
@buffer
A2: Remember who you're talking to. You may think something is clear or valuable, but ultimately it comes down to what your audience will think!
#BufferChat
“I am really stoked about the power of different players that serve small businesses coming together and collaborating to continue to support them.” Denada Ramnishta introducing the “Transform Your Small Business” event with
@RaistoneC
,
@Mastercard
, and
@thryv
.
We’re baaack! Happy to announce we made the Franchise 500 listing again for 2019! We came in at
#288
out of the top 500 franchise companies,
#1
in Financial Services, and
#8
on Top New Franchises! High five to the whole team & all our franchisees!