Brief: Lending Marketplaces Bizfi and Lendio Forge New Partnerships

Online lending marketplace Lendio has partnered with digital marketing company Townsquare Media to tap into its customer base and offer loans to small businesses.

The two companies will collaborate on cross-promoting appropriate products and services and marketing Lendio’s platform with 75 lenders and its loan products to businesses.

Meanwhile, another marketplace lender Bizfi got together with The National Directory of Registered Tax Return Preparers & Professionals to reach a wider net of small businesses to fund for products like lines of credit, equipment financing, invoice financing and mid-term to long-term loans.

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