Brock Blake

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Brock Blake
EducationBrigham Young University
OccupationFounder & CEO of Lendio
Children4

Brock Blake[1][2] is founder and CEO of Lendio, an online marketplace for small business loans. Blake is an Inc. 500 CEO, speaker, and Forbes columnist.[3]

He was educated at Brigham Young University's Marriott School of Management. He lives in Utah with his wife and four children.

Career[]

Blake founded FundingUtah in 2006,[4] which became FundingUniverse and, by 2011, Lendio.[5] CEO Blake[2][1] has served in that role to each. has served in that role to each.

Blake founded Lendio after witnessing how small businesses struggled to get capital from U.S. banks following the 2008 global financial crisis. Lendio's platform enables small business owners to fill out a free online loan application, then browse multiple loan products from a network of more than 75 lenders. In October 2018, Lendio announced[6] it had serviced $1B in total loans to over 51,000 small businesses across the country. In the first month of the Paycheck Protection Program during the COVID-19 pandemic, Lendio onboarded hundreds of lenders to help facilitate what would eventually amount to $8 billion in loan approvals for over 100,000 businesses. [7]

Blake also created a speed dating-style small business pitching event called CrowdPitch.[8]

Awards[]

Brock Blake has received several awards throughout his career, including:

  • EY Entrepreneur Of The Year 2020 Utah Region Award Winners,[9]
  • Q Awards, 2020 Entrepreneur Of The Year: Brock Blake, Lendio[10]
  • Business Intelligence Group Small Business Executive of the Year,[11] 2013
  • Utah Venture Entrepreneur Forum Peak 100,[12] 2015
  • ETA Forty Under 40, received 2008.[10]

Philanthropy[]

Through Lendio, Blake has instituted numerous philanthropic efforts to give back to the small business community. For every loan facilitated on Lendio's marketplace platform, the company donates a percentage of funds to low-income entrepreneurs around the world through the nonprofit organization, Kiva.[13] The program, Lendio Gives,[14] typically awards loans in amounts from $150 to $5,000 to early stage small businesses in impoverished countries around the world. One hundred percent of every dollar the company lends to Kiva goes to funding loans.

References[]

  1. ^ a b "Small-Business Relief Effort 'a Mess'". The New York Times. April 2, 2020.
  2. ^ a b "Small Businesses Seek a Crisis Lifeline Beyond Loans". The New York Times. March 23, 2020.
  3. ^ "www.forbes.com/sites/brockblake/#3f3c81b06047". forbes.com. Retrieved 2018-11-02.
  4. ^ Gabrielle Olya (May 17, 2019). "This Lendio CEO Started a Billion-Dollar Business That Helps Other Entrepreneurs Get Their Start".
  5. ^ {cite web |website=TechCrunch |url=https://techcrunch.com/2011/06/02/lendio-scores-2-million-more-to-assist-business-owners-in-securing-loans |title=Lendio Scores $2 Million More To Assist Business Owners In Securing Loans |date=June 2, 2011}}
  6. ^ "Lendio Tops $1B in Online Business Loans and $3.8B in Economic Output". lendio.com. Retrieved 2018-11-02.
  7. ^ https://www.lendio.com/blog/small-business-insights/lenders-work-together-ppp/
  8. ^ Ann Meyer (February 23, 2011). "ReadyPing presents winning message at CrowdPitch". SmallBusinessExecutive (SmallBizChicago.com).[dead link]
  9. ^ https://www.globenewswire.com/news-release/2020/10/07/2104860/0/en/Lendio-Co-Founders-Brock-Blake-And-Trent-Miskin-Named-As-EY-Entrepreneur-Of-The-Year-2020-Utah-Region-Award-Winners.html
  10. ^ a b {{cite magazine |magazine=Utah BusinessQ |url=https://utahvalley360.com/2020/04/03/q-awards-entrepreneur-of-the-year-brock-blake-lendio |title=Q Awards Entrepreneur Of The Year: Brock Blake, Lendio |author=Bri Stewart |date=April 3, 2020}
  11. ^ "Brock Blake Wins Small Business Executive of the Year". lendio.com. Retrieved 2018-11-02.
  12. ^ "Utah Venture Entrepreneur Forum Announces Winners of Its Peak 100 and EPIC Ventures Hot 100 Awards". prweb.com. Retrieved 2018-11-02.
  13. ^ "Kiva Lending Team: Lendio Gives". Kiva. Retrieved 2018-11-02.
  14. ^ "Lendio Gives". Lendio. Retrieved 2018-11-02.
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