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Townsquare, Lendio Partner to Bring Alternative Financing to Main Street

July 22, 2016, 07:46 AM
Filed Under: Fintech

Townsquare Media, Inc., a leading media, entertainment and digital marketing solutions company focused on small and mid-sized markets and Lendio Inc., a leading marketplace for small business loans, announced an exclusive partnership designed to fuel small business funding alternatives.

At the core of this partnership is the shared understanding that small businesses are the lifeblood of any community. For many small business owners, finding and securing capital is challenging and often an impediment to growth. Navigating endless applications and comparing various sources of capital can be confusing, intimidating and time consuming for small business owners. Lendio’s best-in-class marketplace simplifies and expedites the process connecting business owners with an intelligently curated set of relevant funding sources.

“Our core media products are designed to drive awareness, demand and growth for our clients which often leads these businesses to need additional capital – opening a new location, acquiring new equipment or funding incremental working capital,” commented Steven Price, Chairman and CEO, Townsquare. “Partnering with Lendio will allow us to further support and service our loyal SMB clients as a true business partner while powering local economic growth.”

The launch of this partnership will be supported with a multi-platform marketing campaign leveraging Townsquare’s substantial footprint of radio stations, digital media, marketing solutions assets and live entertainment platforms across the United States. Townsquare and Lendio will collaborate on exclusive information and offerings for small business owners, cross-promote appropriate products and services, and expand awareness and adoption of the Lendio marketplace nationwide.

“We’re thrilled to partner with Townsquare and look forward to helping their customers grow with our range of financial products,” said Brock Blake, CEO, Lendio. “Our award-winning platform matches small business owners with more than 75 lenders across various loan products to cover their unique small business needs. Working together will help even more small business owners across the country fuel their American dream.”

Townsquare is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the U.S.

Lendio is a free online service that helps business owners find the right small business loans within minutes. The center of small business lending, our passion is fueling the American Dream by uniting the small business loan industry, and bringing all options together in one place—from short-term specialty financing to long-term low-interest traditional loans.

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