From a White House, a Startup America Partnership names Lendio as a vital partner to assistance businesses opposite a United States accept business loans and other sources of capital.
Salt Lake City (PRWEB) Dec 13, 2011
At the White House final week, Startup America named Lendio a partner while announcing $475 million in new committed resources to assistance startups opposite a United States.“Access to collateral is one of a pivotal resources that immature companies need in sequence to to grow and, in a process, emanate jobs opposite a country,†pronounced Scott Case, CEO of a Startup America Partnership. “Startup America Firms will positively take advantage of Lendio’s singular lending height as they scale their businesses.â€
Startup America expelled a possess height in Sep to assistance tiny businesses jump-start their growth, and in turn, coax a economy. On Dec. 8, Board members, informal leaders and entrepreneurs met during a White House in Washington, DC, to plead how to assistance startups grow in sequence to emanate jobs via a country.
According to a Kauffman Foundation, companies reduction than 5 years aged accounted for all of a net pursuit expansion in a U.S. between 1980 and 2005. Startup America’s press recover read, “Young firms’ success is mostly contingent on entrance to a accumulation of resources that assistance them grow. New corporate commitments to a Startup America Partnership support a expansion of startups in 5 pivotal areas: Expertise, Services, Talent, Customers and Capital.â€
Lendio and Dun & Bradstreet Credibility Corp. were a dual partners announced to assistance businesses with capital.
“Lendio, an online height that matches a business owners to dozens of options from some-more than 3,000 lenders nationwide, is charity giveaway reward memberships and discounts on all associated products, providing an estimated $54 million in assets to Startup America Firms,†it review on Startup America’s press release.
Some of a other partners announced embody LinkedIn, LegalZoom, Shutterstock and EventBrite.
“Our whole goal is to assistance tiny businesses get a collateral they need to grow their businesses and sinecure some-more people,†pronounced Brock Blake, Lendio CEO. “We’re really vehement to be partial of what Startup America is doing, and to work alongside a lot of good companies with a same vision.â€
About Lendio
Lendio creates elementary by relating competent tiny business owners with active banks, credit unions, and other lending sources. Through a exclusive relating technology, Lendio helps business owners brand a form of business loan and specific lenders that offer a top luck for that business owners to ready for and secure a business loan approval. Lendio is venture-backed by Highway 12 Ventures and Tribeca Venture Partners. For some-more information, hit Lendio during press(at)lendio(dot)com.
About a Startup America Partnership
The Startup America Partnership was launched during a White House in response to President Obama’s call to celebrate, inspire, and accelerate high-growth entrepreneurship via a nation. The Partnership is bringing together an fondness of vital corporations, funders, use providers, mentors and advisors operative to dramatically boost a superiority and success of high-growth enterprises in a U.S. AOL co-founder Steve Case chairs the Partnership and a Kauffman and Case Foundations are first partners. American Express OPEN, Dell Inc., Intuit Inc., and Microsoft are sponsors. The Partnership will identify, magnitude and news on a efficacy of cross-sector partnership in support of entrepreneurial ventures and a outcome on pursuit origination and growth. For some-more information on a Partnership, revisit
Media Contacts:
Chris Roche
Startup America Partnership
202-419-3153
chris(at)startupamericapartnership(dot)org
Dan Bischoff
Lendio
801-858-3635
press(at)lendio(dot)com
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Dan Bischoff
Lendio
801.858.3635
News referensi http://news.yahoo.com/lendio-joins-startup-america-partnership-estimates-54-million-081221191.html
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