Lendio, the leading small business lending marketplace that helps business owners secure financing, today announced the company has raised a $20.5 million round of funding led by Napier Park's Financial Partners Group, along with Blumberg Capital, North Hill Ventures, Pivot Investment Partners and prior investors Tribeca Venture Partners, Runa Capital and Highway 12 Ventures. The company will use the funding to accelerate online innovation to make it easier for business owners to find financing, deepen relationships with lenders, expand the partnership program and grow its team of trusted loan advisors.
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