December 20, 2024, Lehi, UT — WareSpace, a leader in warehousing for small businesses, and Lendio, a premier small business lending platform, have announced a strategic partnership that will allow WareSpace to offer small business financing as part of its suite of solutions for Small Business customers.
With a commitment to empowering small businesses, WareSpace offers industrial infrastructure through its network of micro-industrial spaces, supporting growth and scalability for small businesses and entrepreneurs. By offering capital within their platform, WareSpace is able to further support its customers growth trajectories.
“WareSpace offers high-quality warehouse spaces that small businesses typically can’t afford or even find,“ said Joseph Ely, COO and Founder of WareSpace. “By partnering with Lendio, we’re now able to provide tenants with immediate access to capital through a single loan application, allowing them to sustain and accelerate their growth.”
With over a decade of experience in funding small businesses, and a network of 75+ small business Lenders, Lendio’s Embedded Lending Marketplace offers the breadth and depth of funder and product offerings that a diverse customer base like WareSpace demands.
“At Lendio, it is mission-critical to lower barriers to capital that small businesses come up against in traditional lending structures,” said Brock Blake, CEO and Co-Founder of Lendio. “Our partnership with WareSpace furthers our shared vision to empower small businesses with the infrastructure and access they need to thrive. We’re thrilled to bring this vision to life.”
About WareSpace
WareSpace is reimagining warehousing for small and medium-sized businesses, e-commerce brands, and creative entrepreneurs by challenging traditional storage models. With a focus on empowering small businesses to operate with the same efficiency as large corporations, WareSpace transforms outdated warehouse systems into optimized environments that support growth, scalability, and community connection. By offering purpose-driven spaces that foster collaboration and innovation, WareSpace is pioneering a warehousing revolution designed to help small businesses thrive in today’s dynamic marketplace.
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.
Media Contact:
[email protected]
Read the full article here