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This is Derek Miller, Speaking on Business. Founded in 2011, Lendio is dedicated to servicing small businesses that traditionally finance leaves out. Through their marketplace of lenders and tools, more small businesses can qualify for and receive funding in record time. Co-founder and CEO Brock Blake joins us with more. Brock Blake: Small businesses are the backbone of our Utah communities, driving growth and innovation. At Lendio, we're proud to support them by simplifying access to capital. We connect small business owners with one of our 75 lenders on our platform, matching them to financing options like SBA loans, equipment loans, working capital loans and lines of credit — whichever product best meets their needs. And, yes, the application process is free to the business owner. In 2024, we helped Utah small businesses secure millions in funding, empowering our local entrepreneurs to thrive and contribute to our state's vibrant economy. Beyond funding Utah companies, we're breaking down the barrier to capital access nationwide, and have provided over 15 billion dollars in funding to American small businesses. As the nation's leading small business finance marketplace, we're proud to call Utah home. Together, we're building a future where accessing capital is simple, fast and personalized. Derek Miller: At Lendio, they see a future where small businesses can get the funding they need, right when they need it the most. They are helping to fuel the American Dream in Utah. For more information, visit the Lendio website. I'm Derek Miller with the Salt Lake Chamber, Speaking on Business. Originally aired: 12/23/24
In this episode of our podcast, we sit down with Brock Blake, the co-founder and CEO of Lendio, to discuss the incredible journey of his company during the COVID-19 pandemic and beyond. Brock shares how Lendio pivoted to help hundreds of thousands of small businesses access vital funding through the Paycheck Protection Program (PPP) and the challenges they faced along the way.We dive into the impact of the pandemic on small businesses, the importance of integrity in lending, and the innovative technology Lendio is using to streamline the loan process. Brock also discusses the company's exciting new SaaS products aimed at both lenders and borrowers, and how they are leveraging data to better serve the small business community.Join us as we explore Brock's insights on leadership, the entrepreneurial spirit in Utah, and the lessons he's learned over nearly two decades in the industry. Whether you're a small business owner, an aspiring entrepreneur, or just curious about the world of lending, this episode is packed with valuable information and inspiration.00:00 - Introduction and Overview of Lindio's Journey00:19 - Impact of COVID-19 on Lindio01:54 - Challenges and Sacrifices During the Pandemic02:35 - Survival Mode and Motivation03:49 - Navigating the CARES Act and Compliance05:14 - Fraud and Scams During the PPP07:20 - Comparing Fraud Levels Across States08:03 - Identity Verification and Technology Use11:02 - AI's Role in Lindio's Operations13:19 - Why Lindio is Not a Lender14:48 - Longevity in Leadership and Experience16:08 - Insights on the State of the Economy19:05 - Phase Two: New Products and Services25:09 - SBA Loan Processing Improvements25:47 - Traction with Bank Products26:50 - Motivation and Daily Routine30:03 - Leadership Lessons Learned31:11 - Utah's Unique Business Environment32:04 - Final Thoughts on Giving ChancesIf you enjoyed this video and want to support us please leave a LIKE, write a comment on this video and Share it with your friends. Subscribe to our channel on YouTube and click the icon for notifications when we add a new video. Let us know in the comments if you have any questions. Our website: https://www.siliconslopes.comShow Links: https://www.lendio.com/Social:Twitter - https://twitter.com/siliconslopesInstagram - https://www.instagram.com/siliconslopes/LinkedIn - https://www.linkedin.com/company/silicon-slopes/YouTube - https://www.youtube.com/channel/UC8aEtQ1KJrWhJ3C2JnzXysw
Brock Blake, Co-Founder and CEO at Lendio M&A is a never-ending web of complexities and challenges. While the potential for growth and transformation is promising, the chances of failure are extremely high. To increase chances of success, acquirers must learn how to be adaptable and work with the target company for alignment. In this episode of the M&A Science Podcast, Brock Blake, Co-Founder and CEO of Lendio, shares their approach on how not to bomb your first M&A deal. You will learn: How to drive your first deal Understanding the cultural aspect of M&A Strategizing acquisitions Validating assumptions before acquisition commitment Budget allocation for an earnout This episode is sponsored by our products DealRoom and FirmRoom Ready to take your M&A to the next level with software made to manage each stage of the deal process? See how DealRoom can facilitate your next deal at dealroom.net. FirmRoom is the fastest virtual data room used to get deals done. Leave the pay-per-page world behind by going to firmroom.com
Founder & CEO of Lendio (#34 on INC 500), Brock Blake joins Joseph to talk about how to scale your business, and the cure to most mistakes along the way. GUEST LINKS Lendio.com SUBSCRIBE First100K.com How to Get SHREDDED Over Age 40 ...And Stay RIPPED For Life™ Shredded Fathers is a online brotherhood of growth-minded DADS who can help you smash your fcking mask and unleash the remarkably powerful husband, father, and businessman inside of you! Apply at: ShreddedFathers.com Music: Purple-Planet.com
Season 5 Episode 20: This episode features a conversation with Brock Blake, founder and CEO of Lendio, and Pete Codella, managing director of business services at the Governor's Office of Economic Opportunity. In this episode, we talk with Blake, the recipient of the 2023 One Utah Business of the Year. Founded in 2011 with headquarters in Lehi, Lendio is a marketplace for small business loans where lenders compete for business. It partners with over 75 lenders to offer small business owners access to working capital to start or grow their businesses. In 2021, Glassdoor ranked Lendio the No. 8 Best Place to Work. Blake discusses earning a degree in entrepreneurial finance from Brigham Young University and entering an eight-week boot camp competition, how he founded Lendio to give small business owners access to capital, and what differentiates his company. He discusses his experience contributing to the small business sections on Forbes.com and the company's designation as one of 100 Companies Championing Women. Blake also talks about how work has changed since the pandemic, what receiving the 2023 One Utah Business of the Year award at the recent One Utah Summit means to him, and much more.
Come, Follow Me | February 13–19 | Matthew 5; Luke 6 | “Blessed Are Ye” | Guests James Goldberg, writer, poet and religious scholar, Brock Blake, entrepreneur and founder and CEO of Lendio.
The Utah Women & Leadership Project and the Governor's Office of Economic Opportunity have created an inspiring initiative to identify and highlight 100 Utah companies that champion women. By supporting employees through education, family-friendly benefits, policies, or programs that advance women, these companies have created an environment where women can thrive. This episode highlights Lendio. Dr. Susan Madsen, Founding Director of the Utah Women & Leadership Project, is joined by Brock Blake, who is the CEO of Lendio, and Faith Barela, the Senior Director of Human Resources.Support the show
Lendio, a free online loan marketplace targeting small business owners, has found great success in the current gig economy, impacting hundreds of thousands of small business owners across the U.S. Listen as Lendio Co-Founder and CEO, Brock Blake, and CFO, David Bedell, discuss the company's founding story, why they switched from a focus on equity capital to debt, and the potential effects of a recession on the financial industry.
Lendio, a free online loan marketplace targeting small business owners, has found great success in the current gig economy, impacting hundreds of thousands of small business owners across the U.S. Listen as Lendio Co-Founder and CEO, Brock Blake, and CFO, David Bedell, discuss the company's founding story, why they switched from a focus on equity capital to debt, and the potential effects of a recession on the financial industry.
Before the pandemic, very few banks were interested in small business loans, those sub-$100,000 loans that are the lifeblood of millions of small businesses. But when forced into action with the Paycheck Protection Program banks found (often with the help of fintechs) that they could not only underwrite these loan sizes, they could do it online. That has been a game changer.My next guests on the Fintech One-on-One Podcast are Brock Blake, CEO and Founder, and Denada Ramnishta, Chief Growth Officer, of Lendio. They enabled hundreds of thousands of PPP loans and were integral in helping hundreds of banks become online lenders. Now, they are taking it to the next level.In this podcast you will learn:How people should think about Lendio today.How the PPP has changed small business lending forever.What is the state of small business lending today.The idea of the three Capital C's of lending.The different types of data that are important in underwriting today.The rich data Lendio has internally across so many different businesses.Why the critical piece here is open data.How they help small business owners decide on the best loan product.What has to happen to make capital-on-demand a reality.The different types of lenders they work with.The impact of higher interest rates on small businesses.What is most exciting about the future of small business.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Lendio is a marketplace that simplifies the process for small businesses to get loans. By Q1 of 2020, they were growing 100% Y-o-Y and had hit their monthly goals 24 consecutive times. When COVID hit, every lender on their platform stopped lending and they went from nearly $100 million in monthly loan volume to 0 overnight. Rather than pullback, Brock Blake (CEO and co-founder of Lendio) used the opportunity to double down in a big way, hire 250 new people, and re-orient the entire company around PPP loans. As a result, they helped 100,000+ businesses secure close to $10 billion of loans and saved 1.5 million jobs in 6 weeks. Brock joined Scott Britton and I on Built By Humans to chat about taking big bets, how to keep a team afloat under extreme pressure, and Lendio's push to add a SaaS business onto their marketplace. Here are some key takeaways: Never underestimate a group of individuals that rally around a big mission. It is so critical to have clarity of message and vision. If people feel a lack of clarity or transparency, like when there starts to be doubt about where the company is headed and the message…… that is really the most damaging thing that can happen to the company. The most successful companies have this combination of marketplace + SaaS + data. Moving from a single to a multi-product strategy is tricky. It's tough to have all this energy and growth in your core business but then also look at a longer-term opportunity and invest in it properly. Leaders should re-assess their org's design as revenue scales up from 0 to 1, 1 to 10, and then 10 to 100 million.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Fintech in 2027 - Sponsored by Mastercard and is titled: SMB Lending Reimagined - A Futuristic View of How Open Finance Will Change Access and Distribution of Capital. Speaking on this session is Denada Remnishta, Lendio, with Brock Blake, Lendio.
Brock Blake is the CEO and founder of Lendio, the largest online marketplace of small business loans in the U.S. Brock believes that access to capital should be simpler and quicker for small business owners, and he's built a successful company around solving this problem. Brock leads the team that has helped business owners get access to more than $1B in funding. An Inc. 500 CEO, national keynote speaker, Forbes columnist, and Utah's Emerging Executive of the Year, Brock's dedication extends far beyond the boardroom. Brock is passionate about giving back. For every loan facilitated on Lendio's marketplace platform, Lendio Gives, an employee contribution and employer matching program, donates a percentage of funds to low-income entrepreneurs around the world through Kiva.org. Brock's most important accomplishments come from being a husband and a father of four.
While initially regarded with skepticism, online lending has become one of the leading finance options for small businesses that are unable to meet the rigid criteria for traditional bank loans. Still, before you enter any formal agreements with a potential lender, it's important to carefully examine whether your business is in a position to fully benefit from the terms of the actual loan. In this episode, Jon Aidukonis and Gene Marks, along with Lendio CEO, Brock Blake, discuss several factors that small business owners need to keep in mind when navigating the online lending process. Continue reading Online Lending: See How It Can Help Your Business at .
Lendio offers a marketplace for small business financing needs. We discuss how Lendio fuels the American dream through it's one-stop shop for all things small business lending.
Brock Blake, Founder and CEO of Lendio, joins us to share his entrepreneurial story from delivering newspapers to managing a CEO's worst nightmare during the Covid-19 stimulus package PPP loans. Brock shares how he overcame his "fetal position moments" to bring his company through as a stronger competitor in the industry.
Eli Harris is the cofounder and President of R-Zero Systems. R-Zero has raised $60 million to re-design hospital-grade disinfection solutions for day-to-day life. In just fifteen months, R-Zero has raced to over $20 million worth of revenue and finds itself at the right place, at the right time, to take advantage of the cultural changes taking place post-pandemic. Eli has been named a Forbes 30 under 30 and previously founded the portable energy company EcoFlow. EcoFlow has raised $100 million and has been valued over $1 billion in private markets. In this episode, Eli talks about disrupting the disinfectant industry, his past failures as an entrepreneur, and the discipline requires to build something great. Sign up for a Weekly Email that will Expand Your Mind. Eli Harris's Challenge; Ask for help. Connect with Eli Harris Linkedin R-Zero Website If you liked this interview, check out episode 453 with Brock Blake where we discuss PPP loans, equity vs debt financing, and how to build a company in Utah. Text Me What You Think of This Episode 412-278-7680 Underwritten by Piper Creative Piper Creative makes creating podcasts, vlogs, and videos easy. How? Click here and Learn more. We work with Fortune 500s, medium-sized companies, and entrepreneurs. Follow Piper as we grow YouTube Instagram Subscribe on iTunes | Stitcher | Overcast | Spotify
Leverage content to create opportunities for your business. Content is leverage. It’s why leaders like Brock Blake of Lendio appear on podcasts. Brock was a featured guest on our Entrepreneur Perspectives podcast. And now we are featuring a highlight of that conversation on a new episode of Content Matterz. In this Content Matterz episode, Brock… The post Content Is Leverage appeared first on KazCM.
COVID-19 has caused a major economic shock. To further explore the impact of COVID-19 on the small business landscape in the United States, we must turn our attention to how our nation responded to the need for economic recovery. According to a study conducted by professors at the NYU Stern School of Business, fintech lenders did a better job meeting intentions of the CARES Act providing over 400k PPP loans--saving more than 2 million jobs. In this episode of Fundamental Fairness, I will be tackling this topic of discussion with Brock Blake, founder, and CEO of Lendio. Brock Blake is the CEO and co-founder of Lendio, the leading small business finance solutions provider in the U.S. Brock believes that access to capital should be simpler and quicker for small business owners, and he's built a successful company around solving this problem. Brock leads the team that has facilitated over $10B in loans to small businesses. An Inc. 500 CEO, national keynote speaker, and Forbes columnist, Brock's dedication extend far beyond the boardroom. He has shaped a superior company culture with a humble and hungry team that is passionate about driving results and giving back. For every new loan facilitated on Lendio's marketplace platform, Lendio Gives, an employee-contribution, and employer-matching program, provides a microloan to a low-income entrepreneur around the world through Kiva.org. It's also worth noting for the record, Camino Financial is a proud lending partner of Lendio.
Many CEOs can relate to the pressure and weight of payroll. Brock Blake, the CEO of Lendio, discusses the pressure that comes from fulfilling business loans to thousands of small businesses. In this episode, we talk about the economic impact of COVID-19 and the future of lending.
Brock Blake, CEO of Lendio, shares insights on what it's like to lead in crisis. Processing PPP loans for thousands of small business owners. Read the blog post here: https://smarthustle.com/leadership-in-crisis-lendio-brock-blake YouTube Channel: https://bit.ly/32viX5k Join our tribe: https://smarthustle.com/smart-hustle-nation/ Follow Smart Hustle on Twitter: https://twitter.com/smarthustlemag Follow Ramon Ray on Twitter: https://twitter.com/RamonRay
Watch the video on YouTube!This new round of PPP comes with bolstered support for the businesses that need it most, including: The ability to receive a 2nd PPP loan for borrowers who previously received a loan.Funding specifically earmarked for performance venues and BIPOC-owned businesses.Provisions to help ensure that the smallest businesses can secure these essential loans.Better support for hard-hit industries like restaurants.
With thousands of businesses vying to receive financial aid during this pandemic, it can be very easy for small business owners to feel like they’ve gotten lost in the shuffle. However, all that is about to change because the government will be releasing another round of PPP (Paycheck Protection Program) that specifically targets smaller struggling businesses. In this episode, Jon Aidukonis and Gene Marks along with Lendio CEO, Brock Blake, discuss the details of the upcoming PPP as well as several new grants and loans that are exclusively reserved for small business owners. Continue reading What the Next Round of PPP Could Mean for Your Business at .
Making a positive impact on small businesses day after day. Brock Blake joins us on this episode of Entrepreneur Perspectives to discuss his company, Lendio, a small business loan marketplace. We also discuss the importance of leveraging media and technology. And with Brock being a huge BYU and Utah Jazz fan, we take some time… The post EP129 | Fueling the American Dream with Brock Blake appeared first on KazSource.
Making a positive impact on small businesses day after day. Brock Blake joins us on this episode of Entrepreneur Perspectives to discuss his company, Lendio, a small business loan marketplace. We also discuss the importance of leveraging media and technology. And with Brock being a huge BYU and Utah Jazz fan, we take some time ... Read more The post EP129 | Fueling the American Dream with Brock Blake appeared first on KazSource.
Are you having a difficult time securing a loan for your small business? Then, perhaps it’s time to think beyond traditional banks and explore marketplace lending. With marketplace lending, business owners who normally don’t qualify for loans can connect with thousands of potential investors simply by applying to an online platform. In this episode, Gene Marks and Lendio CEO, Brock Blake, discuss how small business owners can utilize marketplace lending to find their ideal loan product or program. Continue reading Is Marketplace Lending Right for Your Small Business? at .
Join us as we talk to Ruth King, President of Business Ventures Corporation and author of Profit or Wealth. She and Alan talk about building your customer base, how customer loyalty programs are a great way to get recurring customers and how to build wealth ain small and easy ways. Ruth them tells us about her podcast called Contractor Cents which offers 20 minute episodes by topic and a free test that can help you find the right bookkeeper. Next up Brock Blake, Founder and CEO of Lendio, talks with Alan about how he got a PPP loan to make sure that he could keep paying his employees during these trying times. Brock’s company has funded over $8 billion dollars in PPP loans and saved 1.2 million jobs. Brock talks about how his company prepared to avoided system crashes because of the PPP loan application volume in large part due to everyone at his company working 20 hours a day for a while in order to make sure every company was able to get a loan as fast as possible so they could stay open. Brock was determined to make sure everyone was able to get a loan who wanted one. As a result, they’ve had over 7,000 people thank them and give them good reviews. [00:00:00] Ruth King on Customer Loyalty Programs [00:05:29] Building Savings with 1% of Your Profits [00:11:30] The Contractor Client Podcast [00:18:21] PPP Loans [00:27:08] Successfully Fulfilling All PPP Loan Applications [00:33:22] The Debate About PPP Loan Forgiveness
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For high achieving Dads, it’s far too common to get sucked into cycles of success. When we’re addicted to being busy, it’s easy to let ourselves think that we just need to write one more book or do one more round of speaking events – and providing for our families becomes our excuse to keep going. So, how do we get the job done AND show up for our families? Earlier this year, Brock Blake had to answer this question for himself like never before. After COVID-19 hit, his company Lendio became a massively valuable resource for small business owners, many of whom couldn’t get access to PPP loans through their banks. This required Brock to pull 20-hour days for six straight weeks and proved to be ten times harder than anything else he’d ever done in his career. As Brock put it, “We changed our mission from fueling the American dream to saving the American dream.” But how did he manage all of this, without sacrificing his family in the process? Today, Brock joins the podcast to talk about his journey, and to bust the myth that it’s impossible to build a great business, while also having a great relationship with your wife and kids! Gold Nuggets The value of missionary work. The influence a Dad's behavior has on their kids. What a religious upbringing can teach you about life and business. How Brock scaled his company and onboarded hundreds of employees, while maintaining balance at home. How to navigate the stress and strain of long workdays. Brock’s 3-part playbook for being a Dad that wins in business AND life. The importance of being present at work and at home. Ways to involve your kids in your business. Big Questions Asked What does the Blake family name mean to you? In what ways do our fathers influence us? Why should we expose our kids to discomfort at early ages? What did you learn from growing up as a Mormon? Tell us about the genesis story of Lendio and how that ties in to your mission trip to Uruguay? Why is the busy season so addictive? Is it possible to be both a great Dad AND a great businessman? What does your morning routine look like? How can we get better sleep, more often? Why is one-on-one time with our kids so important? When you look at what happened in 2020 as a dad and as a business owner, what’s one thing you would like to make an improvement in when it comes to your family life? Get the Full Show Notes Want access to the full show notes, including links to all resources mentioned during today's conversation? Visit FrontRowDads.com/257 Want to learn more about Front Row Dads? We are in the business of building better families. While most dads would say that family matters most, the challenge is they feel guilty knowing their careers get the best of them, and their family seems to get the rest of them. We help Dads become family men with businesses, not businessmen who have families, so they can thrive personally AND professionally. Subscribe to the Front Row Dad podcast to learn about fatherhood, marriage and how to level up your game at home, or if you’re ready for the best coaching and true brothers to grow with, Join The Brotherhood! Are you getting all the shows? Subscribe today! Want to leave a review? THANK YOU! http://FrontRowDads.com/review
This week's episode is possible with the support of Oracle NetSuite. You can sign up for a personalized product tour at www.netsuite.com/scale Dave Blake is the founder and CEO of ClientSuccess, Customer success software that drives customer retention and growth across your entire company. While, Brock Blake is founder and CEO of Lendio, an online marketplace for small business loans. Both Dave and Brock learned early on the value of hard work, being present and the importance of pushing forward which have become guiding principles in their life and business. We are so fortunate to have them share wisdom, and insights with our community. Both Dave and Brock are graduates of Brigham Young University , and both of them live in Utah with their wife and children. Connect with Dave Blake: https://www.linkedin.com/in/davecblake/ Connect with Brock Blake: https://www.linkedin.com/in/brockblake/ Connect with Poya Osgouei: https://www.linkedin.com/in/poyaosgouei/ Connect with Robby Allen: https://www.linkedin.com/in/robbyallen/ --- Support this podcast: https://anchor.fm/uncharted1/support
Imagine having to staff 250 roles... just as many companies were laying off and scrambling to get their PPP loans approved. Our guest today had 2 weeks to hire 250 people to handle the demand for PPP loans and is here to share his story. Our guest today: Brock Blake, Co-Founder & CEO of Lendio Brock spent the last nine years developing technology to get loans to more people, more quickly, and more efficiently than traditional lenders. Under his leadership, Lendio grew to be the largest online marketplace for small business loans in America. So when the coronavirus pandemic struck, he knew he was in a unique position to make a difference. Today we discuss: Creative ways to bulk hire in a short period of time The hiring system to be able to crush a lot of hires in a very short time Challenge today? We had committed to [a company] that we would hire 25+ of their people on a temporary basis to help with PPP and then they would return to their employment. It was a win/win. The painful part was realizing the people we hired through them were not skilled in computer software and systems. We ended up keeping only 8-9 people from [Company] which put us behind in getting resources to meet the demands we had. Being told “we are good, no more hires” next day “Let’s get 150 hired by next Monday” and we crushed those goals Why is this important to the company? Getting to the bottom of the barrel in terms of Temp to hire resources for the last group that we hired. The incentive to stay home instead of work because of the unemployment benefits had kept a lot of people from applying for work. So those that were applying by the end of our hiring process were not the most employable people. The number of wage garnishments, failed background checks, etc. was much higher for this last group than our overall hiring experience. Having the opportunity to extend offers to people during the pandemic. Some people were experiencing the worst few weeks of their lives and were overcome with joy when they received offers. Truly an awesome experience! Candidates crying on the phone with us when we offered them the position because they were so grateful to be able to provide for their families or be helping w/PPP How do we build a quick hiring structure into your company? Bulk interview process One interview, Decision Creating SOPs and generic equipment setup/login instructions - Getting 200+ new hires setup and logged into equipment was a massive undertaking. Staying up until 2 am helping new hires set up their computers for the next morning Trying to run new hire orientation with 50+ people in a Zoom meeting who have never used Zoom or their equipment before. No understanding of the mute button. Guy falling asleep for 2 hours during training. Snoring. Being responsible for retrieving equipment; traveling to unknown places (I’m from out of state), former TMs not cooperating, equipment not being left where they say it would be, thoughts of getting Covid from equipment boxes, equipment not being packed up properly and left outside in garbage bags. Cops involved (one emergency contact saying that the temp was MISSING and that us reporting her equipment as stolen might help the authorities find her!) - 4 total police reports One person saying “If you want your stuff back, come and get it. And BTW I have COVID” Driving all over the state Condition that equipment was returned in (garbage bags, shoe boxes, etc.) Russ and Kimberly stories of tracking down equipment after terminations Rick’s Nuggets Do not get rid of your hiring process to rapid hire Scale the number of interviews Train 2-3 interview teams to allow scale Assigned interview questions Back to back video interviews Be aware if interviewer fatigue Key Takeaways: Have a process in place Don't cut corners on culture fit, screening Get creative Guest Links: LinkedIn: Brock Blake Twitter: BrockBlake Instagram: Lendio This show is proudly sponsored by Criteria Corp
While many companies were furloughing and firing employees earlier this year when the coronavirus pandemic hit, Lendio went all in to help small businesses get loans. The company hired 250 people to join existing staff, and helped 120,000 businesses get $8 billion in government loans and save 1.2 million jobs over a 10-week period. Lendio CEO Brock Blake tells Cal the story, and Cal marvels at how a decision by one guy could help so many people keep their jobs and their health care in this difficult time.
Brock Blake is the founder and CEO of Lendio, a marketplace for small business loans. Lendio offers borrowers access to loan options from more lenders than any other marketplace in the industry. Brock has been building his company for nearly a decade and raised more than $100 million in venture capital. 2020 has stretched his team and tech to new heights, as they’ve facilitated over 100,000 PPP loan approvals and the issue of $8 Billion in funds. In this conversation, Aaron and Blake discuss why Brock pivoted away from his first company, the challenges and constraints of scaling, and the values he’s instilled in his company culture. Sign up for a Weekly Email that will Expand Your Mind. Brock Blake’s Challenge; Identify someone important in your life and go have an experience with them. Connect with Brock Blake Linkedin Twitter Lendio Website If you liked this interview, check out episode 434 with Henry Schuck where we discuss his recent dollar IPO and becoming a billionaire. Text Me What You Think of This Episode 412-278-7680 Underwritten by Piper Creative Piper Creative makes creating podcasts, vlogs, and videos easy. How? Click here and Learn more. We work with Fortune 500s, medium-sized companies, and entrepreneurs. Follow Piper as we grow YouTube Instagram Subscribe on iTunes | Stitcher | Overcast | Spotify
Brock Blake is founder and CEO of Lendio, an online marketplace for small business loans. Lendio offers borrowers access to loan options from more lenders than any other marketplace in the industry. In this conversation, we discuss the small business reality right now, how PPP funding impacted these entrepreneurs, and how Brock and his team serviced 100k businesses with $8+ billion in funding. ======================= OKCoin.com is the leading crypto exchange for both beginners and experienced users. You can fund your account in under 2 minutes, and get access to the most advanced trading engine, all while paying the lowest trading fees in the industry (0.1%). Visit http://www.okcoin.com/pomp and open your account today. ======================= Harvested Financial makes options incredibly simple. They’re the first options robo advisor, where you can build and customize a personalized trading plan that gets automatically executed. Options help you speculate in capital efficient ways, diversify your holdings with market neutral strategies, and generate passive income by selling premium. https://www.harvestedfinancial.com/pomp ======================= Did you know only 1% of day traders actually turn a profit? So why are so many of us mistaking picking stocks for serious investing? You can’t control the markets, but you can control your risks. So how do billionaire investors control their risk? They invest in blue-chip art. If that sounds unusual to you, you’re not alone. But the ultra-wealthy have been investing in art for centuries. And since 2000, art has outperformed the S&P by an incredible 180%. Just a few years ago, a single work sold for $450 million! Imagine...Being able to invest in the very same paintings as millionaires and billionaires, at a fraction of the cost. Masterworks.io is an exclusive platform that makes it as easy as trading stocks online. And the best part is: you don’t need to know anything about art. Their experts will create a custom portfolio to meet your investment needs. With Masterworks.io you don’t have to choose between big risks and big returns. Sign up today, select PODCAST and you can skip the 70,000 waitlist to get first dibs. Just go to http://www.masterworks.io and select PODCAST. =======================
While March for many people was a month that spelled disaster, Brock Blake saw an opportunity, not to simply chase the American dream of financial gains through business, rather save it. In this episode, Paul and Cory speak with CEO of Lendio Brock Blake, on how March was the moment his company catapulted into its position and purpose. For full show notes visit: https://sfgwa.com/ep189 Contains a sample of “King” by Zayde Wølf courtesy of Lyric House. This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions. This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results. Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life. No one has a Good Life by default, only by design. Visit us here for more details: yourbusinessyourwealth.com 2020 Sound Financial Inc. yourbusinessyourwealth.com Podcast Produced by Greater North Productions LLP
Join us as we talk to Ruth King, President of Business Ventures Corporation and author of Profit or Wealth. She and Alan talk about building your customer base, how customer loyalty programs are a great way to get recurring customers and how to build wealth ain small and easy ways. Ruth them tells us about her podcast called Contractor Cents which offers 20 minute episodes by topic and a free test that can help you find the right bookkeeper. Next up Brock Blake, Founder and CEO of Lendio, talks with Alan about how he got a PPP loan to make sure that he could keep paying his employees during these trying times. Brock’s company has funded over $8 billion dollars in PPP loans and saved 1.2 million jobs. Brock talks about how his company prepared to avoided system crashes because of the PPP loan application volume in large part due to everyone at his company working 20 hours a day for a while in order to make sure every company was able to get a loan as fast as possible so they could stay open. Brock was determined to make sure everyone was able to get a loan who wanted one. As a result, they’ve had over 7,000 people thank them and give them good reviews. [00:00:00] Ruth King on Customer Loyalty Programs [00:05:29] Building Savings with 1% of Your Profits [00:11:30] The Contractor Client Podcast [00:18:21] PPP Loans [00:27:08] Successfully Fulfilling All PPP Loan Applications [00:33:22] The Debate About PPP Loan Forgiveness
In this episode, we talk with BROCK BLAKE, the Founder & CEO of Lendio, which is the largest online marketplace of business loans in the U.S., facilitating over $10 Billion in loan approvals for small businesses.THOUGHT #1Remember Who You Are (You're a Blake!)THOUGHT #2If You Find Yourself Cutting Corners, Go in a Circle Instead― Benny BellamacinaCONNECT:Website: Lendio.comFacebook: Brock BlakeInstagram: @BrockBlakeLinkedin: Brock BlakeTwitter: @BrockBlakeYouTube: LendioBRAND & RESOURCE MENTIONS:"Money" (Pink Floyd) - YoutubeDunkin Donuts - DunkinDonuts.comFood Bank - FeedingAmerica.orgPole Beans - JohnnySeeds.comRoad to Hana - RoadToHana.comLendio - Lendio.comRichard "RJ" Muto - LinkedIn.comForbes - Forbes.comInc. 500 - Inc.comLendio Gives - Kiva.org.PPP Loan - SBA.govBenny Bellamacina - Amazon.comLamborghini - Lamborghini.comMark Cuban (Dallas Mavericks, Shark Tank) - MarkCubanCompanies.comConsigliare (The Godfather) - WikipediaHard Rock International – HardRock.comThoughts That Rock – ThoughtsThatRock.comCertified Rock Star - CertifiedRockStar.comCulture That Rocks: How to Revolutionize Your Company’s Culture (Jim Knight) – CultureThatRocks.comBlack Sheep: Unleash the Extraordinary, Awe-Inspiring, Undiscovered You (Brant Menswar) - FindYourBlackSheep.comRock ‘n Roll With It: Overcoming the Challenge of Change (Brant Menswar) – RocknRollWithIt.comCannonball Kids’ cancer – CannonballKidscancer.orgKeppler Speakers - KepplerSpeakers.comBig Kettle Drum - BigKettleDrum.comSpectacle Photography (Show/Website Photos) – SpectaclePhoto.comJeffrey Todd “JT” Keel (Show Music) - JT KeelBROCK BLAKE'S BIO:Brock Blake is the CEO and founder of Lendio, the largest online marketplace of business loans in the U.S. Brock believes that access to capital should be simpler and quicker for small business owners, and he’s built a successful company around solving this problem. Brock leads the team that has facilitated over $10B in loan approvals for small businesses. An Inc. 500 CEO, national keynote speaker, Forbes columnist, and Utah’s Emerging Executive of the Year, Brock’s dedication extends far beyond the boardroom. He has shaped a superior company culture with a humble and hungry team that is passionate about driving results and giving back. For every new loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, provides a microloan to a low-income entrepreneur around the world through Kiva.org. Brock’s most important accomplishments come from being a husband and a father of four children.
About this nugget: This nugget was pulled from episode 232 from an interview with Brock Blake from Lendio. This nugget is on the real pain of pivoting from $10 million to $0 in revenue. What is a nugget of the week?: The host John Siracusa has recorded over 300 episodes as the host of the Bank On It fintech podcast where he interviews founders building the future of fintech and the VCS/Angels who fund them. With each interview there’s this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Brock Blake: Brock is founder and CEO of Lendio, an online marketplace for small business loans. National keynote speaker, and Forbes columnist. About the host: John, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at OpenFin. He's also the founder of the remotely recorded, studio quality standardized audio production system called ListenDeck. As a fintech, VC, financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry. Stay in the fintech know by subscribing to ‘Bank On It’, Follow John on LinkedIn, Twitter, Medium
Access to capital in the startup phase – and to propel further growth – is a must-have for small businesses. But it's not easy to get those much-needed funds, especially if you go through traditional channels. Lendio, led by founder and CEO Brock Blake, is a lending marketplace that has facilitated $1.7 billion in small business loans to more than 73,000 businesses. These aren't the next Ubers or Facebooks but rather small retailers, restaurants, and the like – businesses Brock calls the backbone of entrepreneurship in this country. Lendio makes it easy to get funding and the process is transparent, and Brock goes into the how, but more importantly, the why, as well as... The most important criteria for securing a loan (it's not what you think) How to face down a “near death” experience in your business Why persistence isn't enough by itself Ways to balance business with family life (how you set up your day is key) And more
Gordon Henry talks with Brock Blake, CEO of Lendio. Lendio's mission of fueling the American dream shifted to Saving the American dream during the COVID-19 pandemic. Lendio plays a key role in matching up small businesses to lenders to help businesses acquire the capital they need to run a business.Brock Blake's knowledge of the industry makes this an interesting listen, guaranteed to leave you smarter and more informed.
“A big part of being a game changer - and being successful - is you have to be willing to look at what other people are doing around you and adapting that to work for you and your industry.”Ryan Combe is the Managing Partner at Better Way Franchise, where he works with franchises that already exist and teach them how to grow faster, plus find additional franchisees.Listen in as Ryan and Chris discuss why the most successful companies in history are taking old ideas and improving them by modernizing.Plus, what does basketball legend Larry Bird and Little Caesar’s Pizza have to do with success in business? Listen in to find out. Resources:Better Way Franchise’s WebsiteConnect with Ryan on LinkedInLendio’s WebsiteConnect with Chris on LinkedIn
Resources:Soar’s WebsiteConnect with Paul on LinkedInLendio’s WebsiteConnect with Chris on LinkedIn
With the coronavirus severely impacting the U.S. and global economy, the need for liquidity is at an all time high. Many business owners are beyond stressed having to layoff employees and not knowing whether they will be able to survive. In today’s episode we chat with Brock Blake, the founder and CEO of Lendio, the largest marketplace for business loans in the U.S. To date, Lendio has funded over $2 billion across over 100,000 business. We cover a lot of ground in our conversation from how the marketplace serves main street businesses to Brock’s own story building Lendio and the many challenges he faced along the way. We hope you enjoy the show.
Kruze Consulting's Founders and Friends Podcast for Startups
Brock Blake of Lendio (https://www.lendio.com), a small business and SBA loan expert, talks about the recent COVID / coronavirus stimulus act for startups and small businesses. Does the CARE act help startups with funding during the COVID crisis, and how can startups apply for stimulus funding?
A straightforward conversation with Brock Blake – CEO, LendioThis morning Karl Woolfenden, Publisher of Business Class News and Host of Link'd AM talked openly about what the options are for small businesses and he asked some question which if your are small business owner may find Brock's answers very helpful and educational.With the coronavirus impacting small businesses across the country, the CEO of Lendio, Brock Blake, can shed light on what small businesses can and are doing to secure loans from the range of banks, lenders and the SBA. Lendio operates the largest small business loan marketplace in country, processing 200-300 loans a day…restaurants, theatres, gyms, small retailers and manufacturers, etc.…with over 75 lenders.Through tech and loan specialists talking directly with small businesses, Lendio can share how lenders and small businesses are reacting to and navigating the current climate. The demand over the last few days has skyrocketed. He can also connect you with local Lendio loan specialists in Seattle and other hotspots across the country, as well as small businesses.During President Trump's Oval Office address, Lendio saw a 75% increase in queries, and a 133% increase in loan applications from the same time the previous week. Overall, the Lendio marketplace has facilitated more than 100,000 loans totaling over $2 billion—generating an estimated $6.5 billion in economic output that's created nearly 45,000 jobs.Brock can discuss the importance of small businesses finding the right type of loan from the lenders best suited for them, which will be essential in navigating a recession. He can also discuss Small Business Administration loan options. Lendio helps small business owners with any option within the SBA they need—whether it's a small working capital loan for a growing business, the purchase of a new office space or manufacturing facility, or an equipment upgrade. Lendio represents SBA Express, Micro 7a, 7a and 504 loans, among others.More Information: www.lendio.com
Joseph Warren chats with: Brock BlakeFounder & CEO of Lendio (#34 on INC 500) "Focus on revenue. Stop trying to look good. Revenue cures most mistakes." Top 3 Tips/Strategies: ★ Nail product/market fit: Ask customers to buy your MVP ★ Nail it: Nail your product and customer experience ★ Then scale it: Create process/system to grow Links From Today’s Show:Lendio.com Show Links:Blog | DONATE! Connect with Joseph Warren: Work with Joseph! Instagram | Facebook Music: Purple-Planet.com
Brock Blake believes so deeply in the American Dream that he made it his life's mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1 billion in funding. Shortly after graduating from Brigham Young University, Brock won $50,000 to start a business through an entrepreneurship competition. He turned that money into FundingUniverse, a company that connected entrepreneurs with angel investors and VCs. But the company hit a wall when Brock realized that nearly 99 percent of businesses in the U.S. belong to Main Street rather than Wall Street. So he hit the reset button. Brock shut down FundingUniverse and launched Lendio, a decision he calls painful but necessary, as practically overnight his monthly revenue went from nearly $1 million to $0. Since then, Lendio's free-to-use marketplace has become a hub of small business lending, with a network of over 75 lenders offering a variety of loan products to thousands of American entrepreneurs. Brock has likewise seen his star rise. He has been named an Inc. 500 CEO, Utah's Emerging Executive of the Year, and one of Utah's top entrepreneurs. But he is most proud of his less public accomplishments, like building a fun-loving, results-hungry company culture while successfully juggling his roles as full-time CEO and full-time father. During this show we discuss: Determining the type of loan suitable for your small business How to get a start-up loan Things to look out for when partnering with a lending company Why business loans get turned down How to access most loan programs in one place What you need to qualify for a business loan 3 factors that determine if you'll get approved The 3rd party data that lenders look at to make approval decisions New trends in the business financial space New loan programs you should be looking out for How technology helps you get approved with little to no documentation How to get approved for financing based on your cashflow only What lenders look for when reviewing your bank statements and financials How to get approved based on collateral and the types of collateral you can use How to get approved for financing based on your credit only The loan approval formula you should know about Qualifications you need for a business loan And much more
The Project EGG Show: Entrepreneurs Gathering for Growth | Conversations That Change The World
Brock Blake believes so deeply in the American Dream that he made it his life's mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1.5 billion in funding. Watch the full episode here: https://projectegg.co/brock-blake About The Project EGG Show: The Project EGG Show is a video talk show that introduces you to entrepreneurs from around the world. It is broadcast from studios in Metairie, Louisiana to online platforms including YouTube, iTunes, Google Play, Spotify and Stitcher, and hosted by Ben Gothard. Our goal is to give you a fresh, unscripted and unedited look into the lives of real entrepreneurs from around the globe. From billionaires to New York Times best selling authors to Emmy Award winners to Forbes 30 Under 30 recipients to TEDx speakers – we present their real stories – uncensored and uncut. Subscribe To The Show: https://projectegg.co/podcast/ Get Access To: 1. Resources: https://projectegg.co/resources/ 2. Financing Solutions: https://projectegg.co/epoch/ 3. Payment Solutions: https://projectegg.co/sempr/ 4. Services: https://projectegg.co/resources#services 5. Courses: https://projectegg.co/resources#courses 6. Software: https://projectegg.co/resources#software 7. Book: https://projectegg.co/resources#books --- Support this podcast: https://anchor.fm/projectegg/support
We recently hosted a conversation between Brock Blake, Founder & CEO of Lendio, and Marilyn Gorman, Lean Startup Co. Faculty Lead, focused on the decision to pivot one successful company into another that served a completely different niche of the market while embracing the importance of accountability. In Brock and Marilyn’s conversation, they discuss: - How Brock got started in the world of entrepreneurship and decided which problem to focus on. - How a pivot from his first idea eventually led to Lendio. - The “be the CEO of your job” mentality and how this builds accountability for Lendio employees. And much, much more… Brock Blake stumbled into the world of entrepreneurship when he was still attending college at BYU. He was studying finance and won an entrepreneurship competition that awarded him $50,000 to start a business. The only problem was that he didn’t exactly know what he wanted to do, much less how to go about launching into the business world. Instead of diving in headfirst into the first idea or opportunity that presented itself, Brock decided to learn about the business of going into business. If he was going to be successful, he knew he needed to know how to be an entrepreneur. So he did his own market research and spoke to business owners in different areas of the market to know what it was like. In doing that research, he recognized a common thread between all the businesses: they needed capital. “I realized...that this was a big market, a big opportunity and a big pain that I thought we could solve.” Empowered with the idea of helping businesses get on their feet, Brock launched his first business, Funding Utah (which would evolve to be Funding Universe) — which helped connect entrepreneurs to venture capitalists and angel investors. But the reality is that only one or two percent of entrepreneurs have the type of company that can or will raise money through investors. Most businesses are main street businesses, like restaurants, retail shops, landscapers or construction companies that need small business loans. “It’s not great to have a business where [you’re turning away] 98% of your customers because they’re not going to raise money,” Brock says. So instead of staying focused on a small equity-seeking segment of the market, they decided to pivot and focus on the larger, loan-seeking 98%. And thus, Lendio — a company focused on helping small business owners get access to capital — was born. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education
Episode 11: This is a conversation between Ben Hart, deputy director at the Utah Governor's Office of Economic Development and Brock Blake, CEO and founder of Lendio.
Today’s guest, my friend Brock Blake, is proof of that. He is the CEO and founder of Lendio, an Inc. 500 CEO, national keynote speaker, Forbes columnist, and Utah’s Emerging Executive of the Year. Lendio is the largest online marketplace of business loans in the U.S. Brock believes that access to capital should be simpler and quicker for small business owners. Lendio has facilitated over $1.5 billion in loans to small businesses. Brock and his team donate a percentage of funds to low-income entrepreneurs around the world through Kiva.org. Today’s podcast with Brock is full of wisdom, but one of my favorites is nail it, then scale it. Essentially it means identify product-market fit; what your customer and price point look like. Test the product in the market on a small scale to create and refine the model, the system (nail it). Once that model is crystal clear, you scale it. It allows you to get real feedback on your product and find out if it is truly viable or not. Only receiving feedback from family and friends is one of the common mistakes new entrepreneurs make. They won’t give you the blunt truth because they are invested in you and don’t want to hurt your feelings. It’s nice, but it doesn’t serve your purpose.
Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio In this episode the host John Siracusa chats with Brock Blake founder and CEO of Lendio. Lendio, is a small business lending platform and has raised about 53 million to date from Tribecca Venture Partners and Comcast Ventures. Tune in and Listen. Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's episode with Brian Dally from Ground Floor. About the host: John is the host of the twice-weekly “Bank On It” podcast recorded onsite at offices of Carpenter Group, a creative services agency focused on the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry. Follow John on LinkedIn, Twitter or on Medium
Brock Blake, Co-founder and CEO of Lendio on Financing Entrepreneurs at Scale Interview with Brian Ardinger, Founder of Inside Outside Innovation Inside Outside Innovation is the podcast that brings you the best and the brightest in the world of startups and innovation. Brian Ardinger, founder of insideoutside.io, a provider of research, events, and consulting services helps innovators and entrepreneurs build better products launch new ideas and compete in a world of change and disruption. Each week Brian Ardinger gives you a front-row seat to the latest thinking, tools, tactics, and trends in collaborative Innovation. In this podcast, Brian interviews Brock Blake, founder and CEO of Lendio the largest online marketplace for small business loans in America. For more information and a transcript of their talk, check out http://insideoutside.io/the-feed/ Inside Outside Innovation Summit - Talent, Technology, & The Future Of Innovation Mark your calendars for October 20th -22nd, in Lincoln, NE. Experts from the world of Disney, Facebook, American Express, and Nike, will talk about innovation, disruption, startups, and the world that we live in today. Check it out at the theiosummit.com For information regarding your data privacy, visit acast.com/privacy
Brock Blake, Co-founder and CEO of Lendio on Financing Entrepreneurs at Scale Interview with Brian Ardinger, Founder of Inside Outside Innovation Inside Outside Innovation is the podcast that brings you the best and the brightest in the world of startups and innovation. Brian Ardinger, founder of insideoutside.io, a provider of research, events, and consulting services helps innovators and entrepreneurs build better products launch new ideas and compete in a world of change and disruption. Each week Brian Ardinger gives you a front-row seat to the latest thinking, tools, tactics, and trends in collaborative Innovation. In this podcast, Brian interviews Brock Blake, founder and CEO of Lendio the largest online marketplace for small business loans in America. For more information and a transcript of their talk, check out http://insideoutside.io/the-feed/ Find this episode of Inside Outside Innovation at insideoutside.io. You can also listen on Acast, iTunes, Sticher, Spotify, and Google Play. Inside Outside Innovation Summit - Talent, Technology, & The Future Of Innovation Mark your calendars for October 20-22 in Lincoln, NE. Experts from the world of Disney, Facebook, American Express, and Nike, will talk about innovation, disruption, startups, and the world that we live in today. Check it out at the theiosummit.com FREE INNOVATION NEWSLETTER Get the latest episodes of the Inside Outside Innovation podcast, in addition to thought leadership in the form of blogs, innovation resources, videos, and invitations to exclusive events. SUBSCRIBE HERE For information regarding your data privacy, visit acast.com/privacy
Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio In this episode the host John Siracusa chats with Will Martino founder and CEO of Kadena. Before Kadena, Will was at the Securities and Exchange Commission and then at JP Morgan where he met Stuart Popejoy. Stuart worked on developing JP Morgan's first blockchain before Quorum (their second blockchain). Will and Stuart founded Kadena to build a much faster public blockchain than Quorum. Tune in and Listen. Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's episode with Brock Blake from Lendio. About the host: John is the host of the twice-weekly “Bank On It” podcast recorded onsite at offices of Carpenter Group, a creative services agency focused on the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem, keeping current with the ever-innovating industry. Follow John on LinkedIn, Twitter or on Medium
Introducing Lendio Founder Brock Blake Today's guest joining us on the show, believes so deeply in the American Dream that he made it his life's mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1 billion in funding. Shortly after graduating from Brigham Young University, he won $50,000 to start a business through an entrepreneurship competition. He turned that money into FundingUniverse, a company that connected entrepreneurs with angel investors and VCs. But the company hit a wall when he realized that nearly 99 percent of businesses in the U.S. belong to Main Street rather than Wall Street. So he hit the reset button and shut down FundingUniverse and launched Lendio, a decision he calls painful but necessary, as practically overnight his monthly revenue went from nearly $1 million to $0. How The Dots Joined Up For Lendio Since then, Lendio's free-to-use marketplace has become a hub of small business lending, with a network of over 75 lenders offering a variety of loan products to thousands of American entrepreneurs. Brock has likewise seen his star rise. He has been named an Inc. 500 CEO, Utah's Emerging Executive of the Year, and one of Utah's top entrepreneurs. But he is most proud of his less public accomplishments, like building a fun-loving, results-hungry company culture while successfully juggling his roles as full-time CEO and full-time father. So has it been worth all the hassle? Has he now got to a place where he thinks "OK, easy street for me" or just another day of building his empire? Well lets find out as we bring onto the show to start joining up more dots, with the one and only Brock Blake Show Highlights During the show we talked about such weighty subjects with the Lendio founder Brock Blake such as: Why it is so important to savour high five moments in your business whenever it happens. This are the gold you have been working towards. Brock shares how he has so many business ideas come to him that he would love to mentor people to get them off the ground. Why it is so important to have market fit and focus as much as you can on the bottom line. and lastly............... Brock remembers how he hit at least eight "death" moments of his business and how he managed to get past them all.
Learning from a professional like Brock is always inspiring. The mindset you have in order to make a billion dollar company vs the mindset you have with a 100k company or a 1 million company is just different. There are sacrifices, struggle, pain, and even triumph. In the episode Brock goes into detail about the 4 pillars you need for business success. He brought up a tracking sheet. Which is something I have been using for a few months now that I think could apply to you and your business. He talks about holding others accountable and the only way to do that is to for them to know if they are passing or failing or not. Tracking sales, conversations, meetings, and emails or etc… can be challenging. But the results can be meteoric for your business. I hope this episode gives you the inspiration you need to be more organized and track all aspects of your business. Some of the highlights of this episode are: Links mentioned in interview: Website: https://www.lendio.com https://twitter.com/brockblake Follow Us: Podcast Website:http://www.tbeshow.com Instagram: https://www.instagram.com/grzybowskij YouTube: https://www.youtube.com/channel/UC9lkipQ_wV2vmzspwtdA7hQ Sponsors: Penji helps businesses by making graphic design simple, fast, and affordable for all. By delivering unlimited graphic design, Penji’s customers are able to shift their focus back to their customers and business.. Follow Penji Here: Website: https://penji.co Instagram: https://www.instagram.com/dotpenji
Brock Blake believes so deeply in the American Dream that he made it his life’s mission to help small businesses across the country fuel their own aspirations. As Founder and CEO of Lendio, the largest online marketplace of small business loans in America, he has helped thousands of business owners access more than $1 billion in funding. Shortly after graduating from Brigham Young University, Brock won $50,000 to start a business through an entrepreneurship competition. He turned that money into FundingUniverse, a company that connected entrepreneurs with angel investors and VCs. But the company hit a wall when Brock realized that nearly 99 percent of businesses in the U.S. belong to Main Street rather than Wall Street. So he hit the reset button. Brock shut down FundingUniverse and launched Lendio, a decision he calls painful but necessary, as practically overnight his monthly revenue went from nearly $1 million to $0. Since then, Lendio’s free-to-use marketplace has become a hub of small business lending, with a network of over 75 lenders offering a variety of loan products to thousands of American entrepreneurs. Brock has likewise seen his star rise. He has been named an Inc. 500 CEO, Utah’s Emerging Executive of the Year, and one of Utah’s top entrepreneurs. But he is most proud of his less public accomplishments, like building a fun-loving, results-hungry company culture while successfully juggling his roles as full-time CEO and full-time father. About Lendio Lendio helps business owners find the right small business loans in just minutes. The free online service simplifies the application process, matching qualified business owners with a network of over 75 banks, online lenders, and more. Lendio fuels the American Dream for business owners, facilitating over $1 billion in financing through more than 50,000 loans to-date. https://www.lendio.com
SEEKING EXCELLENCE: Conversations with leaders working to be their best
Brock Blake is the CEO of Lendio. Lendio is a small business loan marketplace, where business owner fills out one application, and gets access to about 75 lenders on our platform, and can comparison show, and choose the loan that is best for them. I love their mission of fueling the American Dream. During our conversation we discuss: How the business pivoted and evolved the business to the place it is today. How team members share customer stories to inspire each other. What they did when they received a “bad” customer review to turn things around. Increase the pace of change and winning by failing faster. Where he gets his motivation and drive from and how that has changed over time. The intentionality he brings to his life and work. How he took on the challenge of being a great CEO and a great dad. Books he is reading and much more. Complete show notes and a transcript of the podcast are available at - https://brettpinegar.com/seekingexcellence The best ways to connect with Brock are: Twitter: https://twitter.com/BrockBlake LinkedIn: https://www.linkedin.com/in/brockblake/ Instagram: https://www.instagram.com/brockblake/ Facebook: https://www.facebook.com/brockblake You can follow Brett Pinegar on: Twitter - https://twitter.com/brettpinegar LinkedIn - https://www.linkedin.com/in/brettpinegar/ Instagram - https://www.instagram.com/brettpinegar/ Facebook - https://www.facebook.com/brettpinegar/ Subscribe to SEEKING EXCELLENCE now and if you love it, rate, review, and if you feel so inclined, please share it with folks you think would be interested. iTunes - https://itunes.apple.com/us/podcast/id1364727844?ls=1 Google Play - https://play.google.com/music/listen#/ps/Ieeuey3tmjmrycs5wjukbwc7yne Stitcher - https://www.stitcher.com/podcast/brett-pinegar/seeking-excellence-with-brett-pinegar Spotify - https://open.spotify.com/show/15NBZQtezyMyhQl1DtZrPN?si=WWlV6wHfRN2NyHLEgaY9TA YouTube - https://www.youtube.com/channel/UC-jPkKXsvOfmwabnv7aHc0w Vimeo - https://vimeo.com/channels/seekingexcellence
Welcome to the Tearsheet podcast. I'm Zack Miller. Just a quick reminder that the our podcast, website, and newsletter are now called Tearsheet. This week Brock Blake of Lendio joins us on the show. Brock started his firm in 2011 as a pure lead gen firm for small business lenders. Lendio today is a full-blown SMB lending marketplace with 75 lenders on the platform. We talk about some of the challenges small businesses lenders face in building their businesses and how some of the top ones are finding ways to innovate. Lendio is one of the first fintech firms I know of that is executing on a franchise model, working with local franchisees to help SMBs in their geographies find financing solutions. We explore how this model is working for Lendio, how Brock's firm prepared for franchising, and whether this model can work for other fintech firms. You can get this episode of the podcast, as well as 150 (that's right, we just hit 150) previous episodes in our archive, at our website, http://www.tearsheet.co If you get value out of these episodes, please take a minute to rate us on iTunes. Doing so, helps other people find us. We're also available on SoundCloud. Also, if you're not signed up for our newsletter, subscribe now. 10,000 industry professionals read our Tearsheet newsletter every week to explore the impact technology is having on the financial services industry. http://www.tearsheet.co/subscribe Here's Lendio's Brock Blake.
This week, Brett and Breaking Banks were onstage with Antony Jenkins, CEO of 10x Future Technologies at the LendIt conference in NY! While we were at the conference, we decided to talk to some others that were making new waves in the lending space. We talked to Brock Blake, CEO of Lendio about their new “franchising” model to expand their reach in the US. We caught up with Christoph Reiche, CEO of iwoca about the affects of Brexit on the lending space for small business through the EU, and what kinds of data are proving useful to create new lending models. We chatted about the ideas of debt rehabilitation with Ohad Samet, from TrueAccord, and how machine learning and AI can help people fix their credit situations. Of course we talked with Peter Renton, who created the conference, and we wrap up by catching up with John Owens and Emmanuel Daniel! It was a full day at a great event! We want to thank the LendIt conference, Metro Multimedia, and all our guests!
Borrower Acquisition at Scale panel with Brock Blake, Founder & CEO of Lendio; Cheryl Law, Chief Marketing Officer of Prosper Marketplace; Rich Walker, Chief Marketing Officer of Datamyx; Ryan Gilbert, CEO & Co-Founder of BetterFinance; and moderator Scott Sanborn, COO of Lending Club.
Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
There are many different loan choices out there today for small business owners. There are short term loans, merchant cash advances, asset-backed loans, equipment finance loans, SBA loans and many others. To help entrepreneurs sort through this myriad of loan choices and make the right financing decision is Lendio’s mission. Brock Blake is the CEO […] The post Podcast 33: Brock Blake of Lendio on Small Business Lending appeared first on Lend Academy.
There are many different loan choices out there today for small business owners. There are short term loans, merchant cash advances, asset-backed loans, equipment finance loans, SBA loans and many others. To help entrepreneurs sort through this myriad of loan choices and make the right financing decision is Lendio’s mission. Brock Blake is the CEO […] The post Podcast 33: Brock Blake of Lendio on Small Business Lending appeared first on Lend Academy.
Take Action Get Profits with Michele Scism and her guest Tod Novak & Brock Blake: Tod Novak is a speaker, trainer, coach and author. Tod founded The Novak Group out of his passion for helping companies and individuals improve communication, motivation, customer service, and increasing sales. With 41 years of experience, starting his first business at the age of 9, Tod is considered a top sales and communication expert. He was AOL's #1 salesperson and holds the national sales record out of 50,000 people. His powerful, entertaining, passionate message engages all audiences. Clients include organizations like Microsoft, Comcast, Ford, Liberty Mutual, USA Today, State Farm Insurance, YWCA, Ceatus Media Group and many others. Brock Blake -For the second year in a row, Utah Business Magazine recognized Lendio for creating a work environment of happy and engaged employees. As part of the process, Lendio employees answered a confidential survey about the company's benefits, compensation, career development and management processes. Responses were scored and the top Utah companies were selected in four categories: Micro, Small, Medium and Large. Lendio was chosen in the Small category.
In episode 306 of Business Insanity Talk Radio, we discuss the importance of lean business plans and how to use them correctly. With 2015 right around the corner, we talk about the hottest trends coming up that small businesses can take advantage of. Next, you'll find out alternative ways to get more capital for your business. Finally, we tell you how to reduce your credit card fees by showing you a better way to handle payments.Tim Berry is the founder and chairman of Palo Alto Software, and co-founder of Borland International. He is the author of 6 published books and is the best-known business plan expert in the world. www.timberry.comSteve Strauss is The senior USATODAY small business columnist, author of the best-selling author of 16 books. His latest venture is the tech startup, TheSelfEmployed.com.Brock Blake is the CEO and Founder of Lendio, which has helped over 500,000 small business owners save time and money in search of the right small business loan. www.lendio.comKaz Nejatian is the founder of Kash, a mobile payment company that is on a mission to make payments secure, easy and ethical again. www.withkash.comSponsored by Sage and Nextiva.