Rapid Finance, a leader in supporting small businesses with crucial working capital, and Ramp, the platform that helps businesses save time and money through spend management, have joined forces! π Starting today, small businesses on Ramp’s platform get special access to Rapid Finance’s financing options.
In today’s world of high-interest rates, business owners need financial flexibility to fuel their growth and plan for both short and long-term success. Rapid Finance, with a track record of funding over $3 billion to small businesses since 2005, is dedicated to helping businesses thrive by providing competitive financing solutions. On the other side, Ramp is all about supporting its customers with finance automation software, streamlining back-end operations, and helping businesses maximize every dollar and hour.
With this fantastic partnership, small businesses on Ramp’s platform now have even more financing options at their fingertips. It’s all about ensuring they have the capital they need to not just run their operations, but to truly flourish and grow.
In this market, business owners are under increased financial pressure and need more access to financing to meet their capital needs,β said Michael Cohen, VP of Partnerships, Ramp. βWeβre proud to partner with Rapid Finance to deliver businesses the tools they need to grow.
Ramp is at the forefront of modernizing how small businesses manage their spend and that fits well with our mission to leverage the latest technology to streamline how business owners gain access to much needed capital,β said Will Tumulty, CEO, Rapid Finance. βBoth of our organizations share a commitment to cultivating healthier businesses and have a deep understanding of how small businesses operate and what they need to succeed.
To know more about other trending usecases in the US financial services industry, like Generative AI, Open Banking, Buy Now Pay Later (BNPL), explore our other insights.
βββββββββββββββββββββββββββββββββ
About Innovation Streets:
Welcome to InnovationStreets.com! Get the latest insights from the finance and technology industries. Discover industry updates on Fintech Innovations, Regulatory Developments, Industry Insights, Events, and Banks/Insurance partnerships with fintechs. A platform for C-level executives to submit Thought Leadership content for their peers. Subscribe for updates!