FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Lendio to Partner with Staples on Small Business Lending

Philip RyanbyPhilip Ryan
February 13, 2015
in Banking, Risk & Security
Reading Time: 2 mins read
0
Share on Facebook

© Can Stock Photo Inc. / ElenathewiseLendio has entered into a deal with Staples to make its small business loan marketplace service available through the office supply giant.

Staples will announce the deal on Feb. 25 at the New York Stock Exchange, according to company information received by Bank Innovation.

Public relations representatives for the companies called the news  unconfirmed.

The partnership, according to Staples, will allow Staples small business customers access to Lendio’s alternative lending platform, giving those businesses access to a number of lenders. Lendio provides multiple loan options within minutes, unlike traditional bank loans, which can take days to approve an application. (Lendio users still have to get underwritten by lenders.)

The partnership gives Lendio access to a number of small businesses that might not otherwise find it, and presumably, Staples gets a cut of whatever loans result from the referral.

Staples noted that it was difficult for small businesses to get access to capital, and that therefore, the company was planning to enter the small business lending space.

Staples calls this partnership the first of its kind. With the growing clout of alternative lenders in the consumer and small business space, it certainly won’t be the last.

Staples operates more than 2,000 retail stores nationwide. Earlier this week, Staples announced plans to acquire Office Max for $6.3 billion.

Lendio was launched in 2006 and has raised $12.5 million of venture funding to date, according to Crunchbase.

Learn more about alternative lending at Bank Innovation 2015 on March 2-3 in Seattle. Click here to get invited.

Tags: Capital & FundingLendioSales & Marketingsmall business loans
Previous Post

Robocoin Will Offer Bitcoin and Remittance Services to All ATMs

Next Post

Fintech Profile: Green Dot, the Underbanked & Bankers’ Worst Nightmare – Walmart

Related Posts

data streams being bottlenecked
Risk & Security

Implementing AI can relieve bottlenecks amid growing AML complexity

July 20, 2026
A flag displaying Capital One's logo
Risk & Security

Capital One’s Evan Baker to speak at FinAi Lending Summit

July 20, 2026
Fifth Third takes 'head-to-head' approach with fintechs, big banks
Banking

Fifth Third using AI to assist Comerica Bank acquisition conversion

July 17, 2026
Next Post

Fintech Profile: Green Dot, the Underbanked & Bankers' Worst Nightmare – Walmart

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

The Buzz Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

 [wt_cli_manage_consent]

Connect

twitter linkedin podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account