Upserve Partners With OnDeck to Provide Customers With Online Financing
GoLocalProv Business Team
Upserve Partners With OnDeck to Provide Customers With Online Financing
"The partnership with OnDeck will allow us to offer tailored credit offerings to our restaurant customers whenever they need them, including capital improvements or opening a new location. We are constantly innovating on behalf of our customers by providing access to meaningful products and services that are a natural extension of our core offering. Today's partnership with OnDeck to enable speedy financing online will extend Upserve's position as a leading restaurant management platform,” said Andrea Kayal, Chief Marketing Officer, Upserve.
OnDeck is a leader in online lending so small business, while more than 10,000 restaurants use Upserve’s restaurant management platform.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST"Upserve is a leading restaurant management platform with a compelling mission of providing restaurants with the best financial management capabilities and products. Since day one at OnDeck, we have had a similar mission to serve the restaurant industry with world-class online lending options. Working directly with Upserve, we can now help restaurants when they are most in need. Our partnership is a game-changer for small business financing in the restaurant and hospitality industry,” said Andrea Gellert, Chief Revenue Officer, OnDeck.
The Partnership
For Upserve, the partnership with OnDeck enables them to provide a fast online financing option to its customers.
The partnership is the first of its kind for both companies and will enable Upserve restaurant customers to be pre-qualified for credit offerings from OnDeck, including online term loans and lines of credit.
To date, OnDeck has provided more than $900 million in online financing to restaurants across the United States, Canada, and Australia.
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