Lendio reaches $250M milestone

By Tony Zerucha

Small business lending marketplace Lendio has surpassed the $250 million total in funding to small businesses loans to more than 10,000 small businesses.

The platform also reported 86 percent year-over-year growth in the second quarter on $55 million of activity. The 2,400 new businesses funded represents 133 percent quarter-over-quarter growth.

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