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