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Helping Valley Small Business Owners Weather
                                                              This Storm and Prepare for the Next One
                                                                  How Lendio of East Valley Phoenix is
                                                                           helping small business




                                                                              By Aaron Gilletti,
                                                                                  President,
                                                            Regional Lending Solutions and East Valley Lendio







          When people hear the term “small  on  traditi onal  banks  and  the  loans  The hope is that this crisis will
          business”,  they  conjure  images  they  have  in-house.  But  those  are  enable more small business owners

          of  a  neighborhood  cafe  or  coffee  limited,  take  ti me  to  access,  and  to prepare for the future. Too many
          shop.  But  they’re  much  more  are  designed  to  work  for  larger  don’t have savings for a rainy day or
          than  that  —  they’re  small  medical  companies.                        aren’t taking care of their accounting


          practices,  independent  retailers                                        practices,  which  puts  them  at  a

          of things like bikes or used books,  Through  Lendio,  small  business  disadvantage when seeking a loan.

          marketing  agencies,  consultants  owners  can  access  the  right  This  is  especially  problemati c  for


          and so much more. They add flavor  fi nancing     at   the   right   time.  those  seeking  fi nancing,  want  to
          to our lives and neighborhoods and  Lendio’s  marketplace  technology  exit a business for reti rement, or to
          in economies like Arizona’s, they’re  connects  applicants  with  dozens  take on another challenge.

          essential to success.                of loan options through one simple


                                               application.  Whether  it’s  a  line  of  Through my business consultancy, I
          But most small businesses operate  credit, SBA loan, or start-up funding,  also aid small business owners who
          on a razor-thin margin. When faced  Lendio  will  help  with  fi nancing  are looking to sell their company. I
          with a downturn in business, they’ll  customized to a business’s needs.   help them maximize the business’s
          seek capital wherever they can find                                        value by repairing credit, developing

          it:  loans  from  family,  business,  or  I’ve  been  working  with  small  strong  accounti ng  practi ces,  and
          personal credit cards, or their brick  businesses  for  years  as  a  business  connecti ng with the right people.
          and mortar bank.                     broker,  helping  people  buy  and
                                               sell  businesses,  and  my  Lendio  Whether you’re interested in selling

          Soon  after  I  opened  my  Lendio  franchise  is  celebrati ng  its  fi rst  or  not,  it’s  important  for  every
          franchise  in  the  East  Valley,  I  met  anniversary this year. I understand  small  business  owner  to  know

          a  dentist  who  was  in  dire  need  what entrepreneurs need to survive  your  numbers:  monthly  revenue

          of  financial  help.  He  wasn’t  going  and thrive, and I love to help them  patt erns,  fi xed  and  variable  costs,
          bankrupt,  but  his  start-up  costs  get there.                          and  whether  you  have  a  rainy-
          were overwhelming him. We were                                            day  fund.  This  will  help  in  getting


          able  to  take  that  debt,  most  of  This  year  has  defi nitely  been  a  through  lean  ti mes,  whether  you
          which was on a personal credit card,  challenge  for  small  businesses.  see it coming or not.
          and  consolidate  it.  This  saved  him  Lendio  has  processed  thousands
          money  and  created  one  monthly  of  Paycheck  Protecti on  Program  To learn more, reach Aaron at lendio.

          payment,  at  a  lower  rate,  that  fit  applicati ons  and  is  putti  ng  its  com/local/phoenixeastvalley.
          within his cash flow cycle.           network of more than 75 lenders to

                                               work  for  thousands  more  through
          Too  many  small  business  owners  other lending opti ons.
          aren’t aware of their options when


          it  comes  to  financing.  Many  rely
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