This week, Brock Blake of Lendio joins us on the show. Brock started his firm in 2011 as a pure lead generation 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’s 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.
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