New partnership with Lendio enables Payro Finance to offer expanded coverage for small businesses seeking financing solutions.
Feb 18, 2024, Lehi, UT – Lendio, the leading small business lending marketplace, and Payro Finance, a top-rated business finance company serving small and medium-sized businesses, today announced a new partnership to expand Payro’s financing options. Through this collaboration, Payro clients will now have access to Lendio’s embedded loan marketplace, adding a broader range of capital solutions to support business growth.
“Payro is committed to helping small and medium-sized businesses navigate every financial hurdle,” said Morris Reichman, Founder and CEO of Payro Finance. “Partnering with Lendio enables our clients to access a wider range of funding solutions through one application process. We’re excited to empower more small businesses with the financing options they need to grow and thrive.”
Lendio’s embedded lending solution integrates seamlessly into Payro’s existing platform, enhancing the range of funding options Payro can offer to its clients within their ecosystem.
“Expanding access to essential funding for small businesses is central to our mission at Lendio,” said Brock Blake, CEO and Co-Founder of Lendio. “We’re thrilled that our Embedded Lending Marketplace solution is enabling Payro to increase the number of their customers they are able to offer financing to.”
About Payro Finance
Launched in 2019, Payro Finance offers payroll financing to a host of small businesses across various industries. Payro Finance’s mission is to ensure that payroll can be processed free of stress. Payro Finance sets itself apart through its unique on-demand financing solution. Our team’s passion for small businesses and experience allow us to help our clients avoid interruptions in their operations. Learn more about Payro Finance at https://payrofinance.com.
About Lendio
Lendio is transforming small business lending by connecting small businesses, lenders, and small business service providers through a single integrated technology platform. We are on a mission to power an ecosystem that helps small businesses survive and thrive. Lendio provides purpose-built software that automates small business loan decisioning and underwriting for both banks and digital lenders, uses AI to match small businesses to the financing offers that best meet their needs, and embeds a full small business loan marketplace directly within small business service providers’ platforms – all of which work together to get small businesses access to the capital they need to be successful.
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