Lendio Expertise Is Now Being Utilized by FIS to Allow SMB Lending

Lendio is happy to announce FIS® (NYSE: FIS), a worldwide chief in monetary know-how, is leveraging Lendio know-how within the launch of its new SMB Digital Lending solution.

FIS SMB Digital Lending goals to scale back the obstacles to funding for small and medium-sized companies (SMBs) by streamlining and automating lending processes for monetary establishments. The answer is FIS’ first in a portfolio of digital banking options to focus particularly on loans for SMBs and enhances FIS’ current companies that cater to client lending and huge company loans. 

“We’re thrilled to accomplice with FIS, a worldwide chief in monetary know-how, to assist deliver this SMB lending platform to banks throughout the nation,” mentioned Brock Blake, CEO and co-founder of Lendio. “Our mission at Lendio is to gas the desires of small enterprise homeowners by simplifying small enterprise lending. FIS SMB Digital Lending is an ideal match for that mission, because it allows banks to supply a quick, simple, and clear mortgage course of to their small enterprise purchasers. Along with FIS, we’re making a win-win scenario for banks and small companies, and we look ahead to increasing our attain and impression by this partnership.”