LendingTree Opens $50,000 Small Business Grant Competition

Online loan marketplace LendingTree is currently offering support in the form of a $50,000 grant to help one small business achieve success.

In its grant competition, LendingTree is looking for a small business that, despite promising opportunities or business achievements, has run into financial roadblocks that  are hampering its growth potential. Since 2014, when LendingTree launched its Small Business Loan Marketplace, LendingTree has facilitated over 5,000 small business loans or nearly $200 million in originations.

With one of the largest networks of lenders in the nation, LendingTree connects consumers with multiple lenders, banks, and credit partners who compete for business. While LendingTree is not a direct supplier of loans, it is a broker.

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