Worldpay has announced a partnership with OnDeck, technology-powered Main Street lender.
Within this partnership, Worldpay will leverage OnDeck’s platform and proprietary technology to enable its small and mid-sized merchant’s access to OnDeck financing.
Also this new relationship will allow Worldpay’s small business customers to obtain working capital from OnDeck for business related growth needs, such as equipment or inventory purchases and hiring. OnDeck’s platform and proprietary credit score, the OnDeck Score, enables easy application with fast approval and funding.
Jerome Hershey, Vice President of Business Development, OnDeck, said: “This relationship supports both Worldpay’s and OnDeck’s shared commitment to serving small businesses nationwide, Worldpay’s payment solutions and OnDeck’s financing products are a compelling, and complementary offering.”
Patti Newcomer, Chief Marketing Officer of Worldpay, said: “Worldpay is committed to providing services to our small business customers that help them grow their businesses, by teaming with OnDeck, we can help connect our customers with the working capital they need to be successful.”
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