I work at Lendio, a company that had only 350 employees total going in to the financial crisis and into the PPP program. ~AMA~

To add to this, the benefit in working with Lendio lies directly on the fact that we have relationships and partnerships with many lending institutions. If any of our partners reach capacity and rather than turning off applications, we can instead begin to send those applications to our other partners instead, ensuring that we never run into problems with the "supply" side of the equation and thereby ensure that our customers have the best chance possible of getting funding.

We were very fortunate that Ready Capital was able to handle the volume that they did this time around, and there's no way we could have accomplished what we did without their amazing help.

/r/smallbusiness Thread Parent