Brock Blake
is founder and CEO of
Lendio
Utah-based Lendio (formerly Funding Universe), founded in 2011 by Brock Blake and Trent Miskin, is a free online loan marketplace in the U.S. targeting small business owners.
History
Founded in 2006 as FundingUtah,
, it became FundingUniverse an ...
, an online marketplace for small business loans. Blake is an Inc. 500 CEO, speaker, and Forbes columnist.
He was educated at
Brigham Young University
Brigham Young University (BYU, sometimes referred to colloquially as The Y) is a private research university in Provo, Utah. It was founded in 1875 by religious leader Brigham Young and is sponsored by the Church of Jesus Christ of Latter-day ...
's
Marriott School of Management
The Marriott School of Business is the business school of Brigham Young University (BYU), a private university owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and located in Provo, Utah. It was founded in 1891 and renamed i ...
. He lives in Utah with his wife and four children.
Career
Blake founded FundingUtah in 2006,
which became
FundingUniverse
Utah-based Lendio (formerly #Funding Universe, Funding Universe), founded in 2011 by Brock Blake and Trent Miskin, is a free online loan marketplace in the U.S. targeting small business owners.
History
Founded in 2006 as FundingUtah,
, it became ...
and, by 2011, Lendio.
[
] CEO Blake
[ 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] 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.
Blake also created a speed dating-style small business pitching event called CrowdPitch.
Awards
Brock Blake has received several awards throughout his career, including:
* EY Entrepreneur Of The Year 2020 Utah Region Award Winners,
* Q Awards, 2020 Entrepreneur Of The Year: Brock Blake, Lendio[
* Business Intelligence Group Small Business Executive of the Year,] 2013
* Utah Venture Entrepreneur Forum Peak 100, 2015
* ETA Forty Under 40, received 2008.
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
A kiva is a space used by Puebloans for rites and political meetings, many of them associated with the kachina belief system. Among the modern Hopi and most other Pueblo peoples, "kiva" means a large room that is circular and underground, ...
. The program, Lendio Gives, 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
{{DEFAULTSORT:Blake, Brock
Living people
Marriott School of Management alumni
American chief executives of financial services companies
Latter Day Saints from Utah
Year of birth missing (living people)