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UTAH’S LENDIO, AN ONLINE MARKETPLACE FOR SMALL BUSINESS LOANS, SECURES $55M

Crunchbase News | February 28, 2020

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Lendio, a Lehi, Utah-based free online marketplace for small business loans, has secured $55 million in capital. That includes $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. According to the company, the equity round was oversubscribed by existing investors including Napier Park Financial Partners, Comcast Ventures, Blumberg Capital, Stereo Capital and Runa Capital. It brings Lendio’s total raised since it was founded...

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Small Business Advice

THE BIZ2CREDIT SMALL BUSINESS LENDING INDEX™ DISCOVERS LOAN APPROVAL RATES FOR ALL TYPES OF LENDERS INCREASED IN JUNE

Biz2Credit | July 15, 2021

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According to the latest Biz2Credit Small Business Lending IndexTM, small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly from 13.5% in May to 13.6% in June 2021, while approvals at small banks increased from 18.7% in May to 18.9%. The total nonfarm payroll employment increased by 850,000 in June, while the unemployment rate increased by one-tenth of a percentage point to 5.9%, according to data released by the U.S. Bureau of Labor Statis...

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Marketing and Networking

ALBERTA CENTRAL ANNOUNCES SECOND ANNUAL BIG FUTURE INNOVATION GRANT TO SUPPORT SMALL BUSINESSES

Alberta Central | October 25, 2021

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Alberta Central, the central banking facility, service bureau and trade association for Alberta’s credit unions, is excited to announce the launch of the second Big Future Innovation Grant, which provides an opportunity for Alberta-based small business owners and entrepreneurs to apply for funding to put towards their business’ financial future. Applications are open from October 14 to November 4, 2021 (or until the first 100 applications). To be considered for one of ...

Read More

Management

BAMBEE LAUNCHES NEW GUIDED PAYROLL WITH BUILT-IN-HR MANAGER GUIDANCE FOR FREE

Bambee | January 13, 2022

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Bambee, a company known for automating HR work processes for small businesses, and providing each customer with a dedicated HR manager, announced the launch of Guided PayrollTM, the first payroll solution with built-in HR guidance. For businesses and start-ups with less than 20 employees, Bambee's Guided Payroll is completely free. However, Bambee's payroll solution is aggressively undercut to ensure optimum affordability for more mature small businesses. At fixed pricing of $4 per emplo...

Read More
news image

UTAH’S LENDIO, AN ONLINE MARKETPLACE FOR SMALL BUSINESS LOANS, SECURES $55M

Crunchbase News | February 28, 2020

Lendio, a Lehi, Utah-based free online marketplace for small business loans, has secured $55 million in capital. That includes $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. According to the company, the equity round was oversubscribed by existing investors including Napier Park Financial Partners, Comcast Ventures, Blumberg Capital, Stereo Capital and Runa Capital. It brings Lendio’s total raised since it was founded...

Read More
news image

Small Business Advice

THE BIZ2CREDIT SMALL BUSINESS LENDING INDEX™ DISCOVERS LOAN APPROVAL RATES FOR ALL TYPES OF LENDERS INCREASED IN JUNE

Biz2Credit | July 15, 2021

According to the latest Biz2Credit Small Business Lending IndexTM, small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly from 13.5% in May to 13.6% in June 2021, while approvals at small banks increased from 18.7% in May to 18.9%. The total nonfarm payroll employment increased by 850,000 in June, while the unemployment rate increased by one-tenth of a percentage point to 5.9%, according to data released by the U.S. Bureau of Labor Statis...

Read More
news image

Marketing and Networking

ALBERTA CENTRAL ANNOUNCES SECOND ANNUAL BIG FUTURE INNOVATION GRANT TO SUPPORT SMALL BUSINESSES

Alberta Central | October 25, 2021

Alberta Central, the central banking facility, service bureau and trade association for Alberta’s credit unions, is excited to announce the launch of the second Big Future Innovation Grant, which provides an opportunity for Alberta-based small business owners and entrepreneurs to apply for funding to put towards their business’ financial future. Applications are open from October 14 to November 4, 2021 (or until the first 100 applications). To be considered for one of ...

Read More
news image

Management

BAMBEE LAUNCHES NEW GUIDED PAYROLL WITH BUILT-IN-HR MANAGER GUIDANCE FOR FREE

Bambee | January 13, 2022

Bambee, a company known for automating HR work processes for small businesses, and providing each customer with a dedicated HR manager, announced the launch of Guided PayrollTM, the first payroll solution with built-in HR guidance. For businesses and start-ups with less than 20 employees, Bambee's Guided Payroll is completely free. However, Bambee's payroll solution is aggressively undercut to ensure optimum affordability for more mature small businesses. At fixed pricing of $4 per emplo...

Read More

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C-Suite On Deck

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us