The Work Index by Flexa

Lendio

Lendio is a financial technology platform that connects small businesses with lenders to help them secure the capital they need.

https://www.lendio.com/
5.8

/10

Transparency ranking

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Description

Lendio is a leading online marketplace that connects small business owners with various financing options, including loans, lines of credit, and business cash advances. They work with a network of over 75 lenders to provide a wide range of solutions for different business needs and financial situations. Lendio prides itself on simplifying the loan application process, making it faster and easier than traditional bank loans. Their platform allows borrowers to apply for funding in as little as 15 minutes and receive multiple offers from lenders within a short timeframe.

Lendio also offers a variety of resources for small business owners, including guides on building business credit, managing finances, and starting and running a business. They are committed to supporting small businesses and have facilitated over $15 billion in funding for over 400,000 businesses nationwide. They also have a philanthropic arm, Lendio Gives, which donates a percentage of funds to low-income entrepreneurs around the world through Kiva.

Flexibility

Lendio offers remote work options for employees, indicating a degree of job flexibility. Specific details about the extent of remote work options or hybrid schedules are not available in the provided content.

Hybrid

Benefits

Lendio offers a comprehensive benefits package to its employees, including medical, dental, and vision insurance, a health savings account (HSA), 401(k) contributions and matching, generous paid time off (PTO), remote work options, a wellness program, paid parental leave, and a health savings account (HSA).

Mission

Lendio is a company dedicated to revolutionizing small business financial health by providing a user-friendly online platform that connects small businesses with a network of over 75 lenders, offering a wide range of loan options and financial solutions. They strive to simplify the lending process, making it faster, easier, and more accessible for small business owners, enabling them to access the capital they need to grow and achieve their dreams.

Automation
Data-driven
Disruptor
Tech for good

Culture

Lendio promotes a culture that is people-driven, values-based, and results-oriented. They encourage their employees to take ownership of their roles, embrace friendly competition, and communicate openly. Lendio emphasizes growth and invests in its employees through training, equipment, systems, and support. They celebrate success and strive to create a positive and supportive environment where employees feel like they are part of a family.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Lendio prioritizes a diverse, equitable, and inclusive workplace, recognizing that a variety of perspectives and experiences are essential to their success. Their commitment is reflected in their employee-driven charitable program, Lendio Gives, which donates a percentage of funds to low-income entrepreneurs around the world through Kiva, supporting borrowers in over 80 countries. Their website highlights employee testimonials, showcasing a strong emphasis on fostering a welcoming and inclusive work environment. Lendio demonstrates its commitment to DEI by actively promoting diversity within their workforce and supporting initiatives that advance social justice globally.

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