{"id":384196,"date":"2020-11-18T10:54:44","date_gmt":"2020-11-18T15:54:44","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384196"},"modified":"2020-11-18T10:54:44","modified_gmt":"2020-11-18T15:54:44","slug":"lendio-ranked-as-the-396th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lendio-ranked-as-the-396th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/","title":{"rendered":"Lendio Ranked As The 396th Fastest-Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\u2122"},"content":{"rendered":"

\nThe company\u2019s revenue growth is driven by its technical ingenuity, agility and innovation as a small business finance solutions provider
\n<\/h2>\n
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Lehi, Utah, Nov. 18, 2020 (GLOBE NEWSWIRE) — Lendio<\/a>, the nation\u2019s leading marketplace for small business loans, today announced it ranked #396 on Deloitte\u2019s 2020 Technology Fast 500<\/a>\u2122, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America.<\/p>\n

Focused on helping small business owners find and manage the working capital they need to grow, Lendio is a mission-driven, values-based small business solutions provider. Brock Blake, CEO and co-founder of Lendio, credits the company\u2019s growth to its people and their commitment to helping small business owners succeed.<\/p>\n

In an unprecedented year that saw one out of five small businesses shut their doors, demand for government relief funding reached unprecedented levels. Lendio\u2019s application and loan matching technology helped to facilitate Paycheck Protection Program<\/a> loan approvals for more than 115,000 business owners. Additionally, Lendio provided the technology for its financial institution partners to launch a digital PPP loan application. These services proved to be invaluable to small business owners as well as financial institutions in connecting the two parties together to facilitate loans faster and more effectively.<\/p>\n

\u201cLendio\u2019s growth and its impact on the small business community are both the result of a true team effort,\u201d said Blake. \u201cFrom our innovative product and development teams to our dedicated loan advisors to our customer-focused marketing team, everyone at Lendio is driven by a desire to help small business owners achieve their American dream.\u201d<\/p>\n

\u201cFor more than 25 years, we\u2019ve been honoring companies that define the cutting edge and this year\u2019s Technology Fast 500 list is proof positive that technology \u2014 from software and digital media platforms, to biotech \u2014 truly does permeate so many facets of our lives,\u201d said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. \u201cWe congratulate this year\u2019s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.\u201d<\/p>\n

\u201cEach year the Technology Fast 500 listing validates how important technology innovation is to our daily lives,\u201d said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte\u2019s audit and assurance practice. \u201cWe extend sincere congratulations to these well-deserved winners \u2014 who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible.\u201d<\/p>\n

Lendio previously ranked No. 378 on the Technology Fast 500\u2122 list in 2019.<\/p>\n

\n

\n About Deloitte\u2019s 2020 Technology Fast 500\u2122<\/strong>\n <\/p>\n

Now in its 26th year, Deloitte\u2019s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies \u2014 both public and private \u2014 in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.<\/p>\n

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company\u2019s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.<\/p>\n

\n About Lendio<\/strong>\n <\/p>\n

Lendio is the nation\u2019s leading small business loan marketplace. With its diverse network of lenders, Lendio enables small business owners to apply for multiple loan products with a single application. To date, Lendio has facilitated over 200,000 small business loans for $10 billion in total funding, including $8 billion in PPP loan approvals as part of government COVID-19 relief. Lendio is a values-driven organization striving to provide equal access to capital to underserved communities and America\u2019s smallest businesses. For every new marketplace loan Lendio facilitates, Lendio Gives\u2014an employee-contribution and employer-matching fund\u2014provides a microloan to a low-income entrepreneur around the world. More information about Lendio is available at www.lendio.com.<\/p>\n

\n About Deloitte<\/strong>\n <\/p>\n

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (\u201cDTTL\u201d), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as \u201cDeloitte Global\u201d) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the \u201cDeloitte\u201d name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com\/about to learn more about our global network of member firms.<\/p>\n


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\n \n <\/div>\n

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Spencer Anopol\r\nLendio\r\n801-748-4782\r\nspencer.anopol@lendio.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The company\u2019s revenue growth is driven by its technical ingenuity, agility and innovation as a small business finance solutions provider Lehi, Utah, Nov. 18, 2020 (GLOBE NEWSWIRE) — Lendio, the nation\u2019s leading marketplace for small business loans, today announced it ranked #396 on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. Focused on helping small business owners find and manage the working capital they need to grow, Lendio is a mission-driven, values-based small business solutions provider. Brock Blake, CEO and co-founder of Lendio, credits the company\u2019s growth to its people and their commitment to helping small business owners succeed. In an unprecedented year that saw … <\/p>\n
Continue reading “Lendio Ranked As The 396th Fastest-Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\u2122”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384196","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLendio Ranked As The 396th Fastest-Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\u2122 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lendio-ranked-as-the-396th-fastest-growing-company-in-north-america-on-deloittes-2020-technology-fast-500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lendio Ranked As The 396th Fastest-Growing Company in North America on Deloitte\u2019s 2020 Technology Fast 500\u2122 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The company\u2019s revenue growth is driven by its technical ingenuity, agility and innovation as a small business finance solutions provider Lehi, Utah, Nov. 18, 2020 (GLOBE NEWSWIRE) — Lendio, the nation\u2019s leading marketplace for small business loans, today announced it ranked #396 on Deloitte\u2019s 2020 Technology Fast 500\u2122, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. 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