Lendio, a Utah-based small-business loan marketplace, has moved its corporate headquarters from South Jordan to Lehi. According to a release from the company, the move to Lehi allows the company to further accelerate its growth, with plans to hire another 100 employees, expand its services and increase sales capacity in the coming year.
“We are proud to be headquartered in the Silicon Slopes and expand our team with the area’s top talent,” said Brock Blake, CEO and founder of Lendio. “The new office space allows for the addition of many new employees. Each will play a role in helping Lendio change the small business lending landscape for the better.”
Founded in 2011, Lendio opened its original headquarters in South Jordan with 15 employees. The company has since grown its workforce to over 200and has opened an office in Woodbury, New York. Lendio claims to be the nation’s largest small-business loan marketplace, with loan options from more than 75 online lenders, banks and industry specialty lenders. Since its beginning, Lendio has facilitated nearly $1.5 billion in financing, brokering more than 70,000 small-business loans.