The year 2020 was a time of chaotic turns for many businesses. With so many business owners facing tough decisions, TITAN Merchant Services is excited to announce that we are partnering with Lendio, the nation’s #1 marketplace for business capital.
Our core mission has always been to provide a personalized experience for our merchants. We are proud to offer an array of award-winning technologies meant to empower businesses of all types to adapt, overcome, and grow in profitability. Our partnership with Lendio will help us to continue our mission of providing our merchants with the top-notch care and support they need to thrive in today’s marketplace.
Because of the COVID-19 pandemic, many businesses are only able to stay afloat if they can find the funding to get them through these challenging times. That’s where Lendio comes in. While banks reject an estimated 80% of their small business loan applicants, Lendio is a way for small businesses to get the cash flow they need in terms that are friendly to the business owners.
Lendio estimates that they have facilitated more than 216,000 small business loans that have helped businesses do everything from hire staff, purchase equipment, restock inventory, to simply opening the doors. Having access to these funds means our loyal clients and merchants can more easily achieve their business dreams in a way that is convenient and restorative to their business.
We are excited to help businesses to startup, rebuild, and grow during these times of need. We know that being able to offer business capital to our large portfolio of merchants means that we will be working together towards fueling the American dream. Small businesses are the backbone of the American dream and we are confident this partnership will help solidify our position at the forefront of keeping those businesses running smoothly.
